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DATA: Lagos 2024 budget bigger than budgets of north-east, north-central States 

The Lagos State 2024 budget as presented by Governor Babajide Sanwo-Olu to the state house of assembly is more than the 2024 budget of States in the north-east and north-central.

Babajide-Sanwm-Olu, Governor of Lagos State
Babajide-Sanwm-Olu, Governor of Lagos State

Abuja, Nigeria

The Lagos State 2024 budget as presented by Governor Babajide Sanwo-Olu to the state house of assembly is more than the 2024 budget of States in the north-east and north-central.

Lagos presented the highest with N2.25 trillion while the budgets of State governments in the north-east made up of Adawama, Bauchi, Borno, Gombe, Taraba and Yobe totalled N1.605 trillion.

Also, the States in the north-central made up of Benue, Kogi, Plateau, Nasarawa, Kwara and Niger totalled N1.097 trillion.

Three States including Akwa-Ibom, Rivers and Delta followed Lagos to top the list of big budget proposals for the 2024 fiscal year.  

Akwa Ibom presented N845.63 billion followed by Rivers with N800 and Delta with N725 billion respectively. 

DAILYAGENT Analytics has analysed the 2024 States’ budgets and categorised them into the country’s geo-political zones.

As the year 2023 is coming to an end, state government across the thirty-six federation states have presented their 2024 budget proposals to their respective state houses of assembly for approval and passage.

Twenty-four (24) out of thirty-six (36) states have passed and signed their 2024 budgets into law. 

Lagos budget alone dust that of north-eastern States and also that of north-central States. 

States with the least budget are Ekiti State with N159.57 billion, Nasarawa State with N199.9 billion and Ebonyi State with N202.13 billion.

North Eastern States Budgets

Adamawa—N225.89bn (passed)

Bauchi—N300.2bn (yet to be passed)

Borno—N340.6bn (yet to be passed

Gombe—N208.06bn (passed)

Taraba—N313.3bn (passed)

Yobe—N216.950bn (passed)

Total: N1.605trn

North Central States Budgets

Benue—N225.7bn (yet to be passed) 

Kogi—N258.28bn (passed)

Plateau—N314bn (passed)

Nassarawa—N199.9bn (passed)

Kwara—N296.4bn (yet to be passed)

Niger—N613.2bn (passed) 5th

Total: N1.907trn

North West States Budgets

Jigawa—N298.14bn (passed)

Katsina—N454.3bn (passed) 10th

Kebbi—N250.1bn (passed)

Kano—N437.7bn (passed) 11th

Kaduna—N458 (passed) 9th

Sokoto—N270.1bn (passed)

Zamfara—N423bn (yet to be passed)

Total: N2.591trn

South-Southern States Budgets

Akwa Ibom—N849.97bn (passed) 2nd

Bayelsa—N480.99bn (yet to be passed)

Cross River—N250bn (yet to be passed)

Delta—N725bn (passed) 4th

Edo—N325.3bn (yet to be passed)

Rivers—N800bn (passed) 3rd

Total: N3.431trn

South Eastern States Budgets

Abia—N567.2bn (passed) 7th

Anambra—N410bn (passed)

Ebonyi—N202bn (passed)

Enugu—N521.5bn (passed) 8th

Imo—N592bn (passed) 6th

Total: N2.292trn

South Western States Budgets

Ekiti—N159.5bn (passed)

Lagos—N2.246trn (yet to be passed) 1st

Ogun—N703.03bn (yet to be passed) 4th

Ondo—N384.5bn (to be passed)

Osun—N273.9bn (passed)

Oyo—N438.4bn (passed)

Total: N4.205trn

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