2023 Budget: Fact File on Proposals by States in Nigeria (South South)

In this series of our Fact File, we highlight the total expenditure, their capital and recurrent components, as well as the projected revenue of the six states in the South-South geo-political zone as contained in the budget proposals presented by the various state government

In this series of our Fact File, we highlight the total expenditure, their capital and recurrent components, as well as the projected revenue of the six states in the South-South geo-political zone as contained in the budget proposals presented by the various state government

Budget

Ahead of the 2023 fiscal year, and in line with the 1999 Constitution of the Federal Republic of Nigeria (As Amended), the executive arm of the various states of the federation has commenced the presentation of their appropriation bills (budget) to the respective state legislatures.

With Rivers being the only state yet to present its projected revenue and expenditure statement, its State House of Assembly has however, approved the Mid-Term Expenditure Framework (MTEF) for 2023-2025.

See budget estimates below:

AKWA IBOM STATE [BUDGET OF COMPLETION]

TOTAL  EXPENDITURE
(NGN)
TOTAL PROJECTED CAPITAL EXPENDITURE 

(NGN)

TOTAL PROJECTED RECURRENT EXPENDITURE
(NGN)
TOTAL PROJECTED REVENUE
(NGN)
697,005,000,000 353,000,000,000 344,000,000,000 390,850,000,000

 

BAYELSA STATE [BUDGET OF SUSTAINABLE GROWTH AND RECONSTRUCTION]

TOTAL EXPENDITURE
(NGN)
TOTAL PROJECTED CAPITAL EXPENDITURE 

(NGN)

TOTAL PROJECTED RECURRENT EXPENDITURE
(NGN)
TOTAL PROJECTED REVENUE
(NGN)
385,211,578,924 167,545,000,000 217,666,578,000 384,700,000,000

 

CROSS RIVER STATE [BUDGET OF QUANTUM INFINITUM]

TOTAL EXPENDITURE
(NGN)
TOTAL PROJECTED CAPITAL EXPENDITURE 

(NGN)

TOTAL PROJECTED RECURRENT EXPENDITURE
(NGN)
TOTAL PROJECTED REVENUE
(NGN)
330,235,953,219.60 200,208,362,208.86 130,027,591,010.74 125,481,470,626.75

 

DELTA  STATE [BUDGET OF SEAMLESS AND STABLE TRANSITION]

TOTAL EXPENDITURE
(NGN)
TOTAL PROJECTED CAPITAL EXPENDITURE 

(NGN)

TOTAL PROJECTED RECURRENT EXPENDITURE
(NGN)
TOTAL PROJECTED REVENUE
(NGN)
561,820,596,524 326,600,000,000 235,200,000,000 95,000,000,000

 

EDO STATE [BUDGET OF RESILIENCE AND TRANSFORMATION]

TOTAL  EXPENDITURE
(NGN)
TOTAL PROJECTED CAPITAL EXPENDITURE 

(NGN)

TOTAL PROJECTED RECURRENT EXPENDITURE
(NGN)
TOTAL PROJECTED REVENUE
(NGN)
320,350,000,000 192,000,000,000 127,500,000,000 320,250,000,000

 

RIVERS STATE [2023-2025 Medium Term Expenditure Framework]
As approved by the Rivers State House of Assembly

TOTAL  EXPENDITURE
(NGN)
TOTAL PROJECTED CAPITAL EXPENDITURE 

(NGN)

TOTAL PROJECTED RECURRENT EXPENDITURE
(NGN)
TOTAL PROJECTED REVENUE
(NGN)
555,666,987.238  350, 977, 495, 537  175, 249, 692. 497  N/A

 

Temidayo Taiwo-Sidiq

Temidayo Taiwo-Sidiq is a journalist, thought leader and political analyst with keen interest in governance and Nigerian history and politics

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