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Rivers State Budget 2024

South South Zone • Capital: Port Harcourt • “Budget of Monumental Development”

₦1.1M Total Budget
₦180,000 IGR
₦650,000 Capex
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2026 Budget 2024 Budget
Total Budget
₦1.1M
₦1,050,000 (full naira)
Capital Expenditure
₦650,000
61.9% of total
Recurrent Expenditure
₦400,000
38.1% of total
IGR
₦180,000
Internally Generated Revenue
Federal Allocation (FAAC)
₦720,000
68.6% of total
Budget Deficit
₦150,000
Spending exceeds revenue
Capital vs Recurrent Expenditure
61.9% Capex
38.1% Recex
₦650,000 Capital (61.9%)
₦400,000 Recurrent (38.1%)
Sector Allocation Breakdown
🏫
Education
₦158,000  15% of budget
🏗
Infrastructure
₦295,000  28.1% of budget
⚕
Health
₦95,000  9% of budget
🛡
Security
₦48,000  4.6% of budget
🌿
Agriculture
₦42,000  4% of budget
Year-on-Year Comparison
YearTotal Budget IGRCapexGovernor
2026 ₦1.85T ₦1.20T ₦950.0B Siminalayi Fubara
2024 ₦1.1M ₦180,000 ₦650,000 Siminalayi Fubara

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