In the third part of this Fact File series, we present highlights of the budget proposals presented by the various state governments in the South-East and North-East geo-political zones detailing their total expenditure, the capital and recurrent components, as well as the projected revenues
SOUTH EAST
ABIA (BUDGET OF VALEDICTORY ECONOMIC EXPANSION AND STABILITY)
ITEM (NGN)
Total Expenditure – 157,517,504,300
Percentage Increase from 2022 – 6.95% ↑
Total Capital Expenditure – 82,472,739,900 (52.36%)
Total Recurrent Expenditure – 75,044,764,400 (47.64%)
Total Projected Revenue – 60,836,855,697 (Statutory Allocation, VAT from Federation Account, Derivation, and Other Statutory Revenue)
Source: Abia State Multi-year Budget (2021-2023)
ANAMBRA (BUDGET OF ACCELERATION)
ITEM (NGN)
Total Expenditure – 258,984,875,905
Percentage Increase from 2022 – 40.35% ↑
Total Capital Expenditure – 164.2 billion (63.2 %)
Total Recurrent Expenditure – 95.5 billion (36.8 %)
Total Projected Revenue – Not Available (N/A)
EBONYI (BUDGET OF DIVINE MANDATE CONSOLIDATION AND CONTINUITY)
ITEM (NGN)
Total Expenditure 139,398,280,640.00
Percentage Decrease from 2022 – 4.12% ↓
Total Capital Expenditure – 81,030,506,172.00 (58.13%)
Total Recurrent Expenditure – 58,367,774,468.00 (41.87 %)
Total Projected Revenue: Not Available (N/A)
ENUGU (As contained in 2020-2024 Medium Term Expenditure Framework – MTEF)
ITEM (NGN)
Total Expenditure N96,857,340,038.20
Percentage Decrease from 2022 – 51.89% ↓
Total Capital Expenditure – N23,383,340,038.20
Total Recurrent Expenditure – N73,474,000,000.00
Total Projected Revenue – N111,520,644,250.00
IMO
*Budget Estimates yet to be presented
READ ALSO: 2023 Budget: Fact File on Proposals by States [South-West and North-West]
NORTH EAST
ADAMAWA (BUDGET OF CONSOLIDATION AND PROJECTS)
ITEM (NGN)
Total Expenditure – 175,019,054,060
Total Capital Expenditure – 70,007,621,624
Total Recurrent Expenditure – 105,011,432,436
Total Projected Revenue – 12,418,821,300
BAUCHI (BUDGET OF ACCOMPLISHMENT AND RENEWED COMMITMENT)
ITEM (NGN)
Total Expenditure – 202,641,000,000
Total Capital Expenditure – 114,714,000,000
Total Recurrent Expenditure – 87,923,000,000
Total Projected Revenue – Not Available (N/A)
BORNO
*Budget Estimates yet to be presented
GOMBE (BUDGET OF FURTHER CONSOLIDATION)
ITEM (NGN)|
Total Expenditure – 173,697,242,000
Total Capital Expenditure – 101,084,000,000
Total Recurrent Expenditure –71,085,000,000
Total Projected Revenue –100,061,000,000
TARABA (BUDGET OF FULFILMENT – RESCUE MISSION TRANSMISSION)
ITEM (NGN)
Total Expenditure –172,734,537,459
Total Capital Expenditure – 98,177,708,371
Total Recurrent Expenditure – 74,556,829,088
Total Projected Revenue – 100,000,000,000
YOBE (BUDGET OF CONTINUITY, CONSOLIDATION AND ECONOMIC TRANSFORMATION)
ITEM (NGN)
Total Expenditure – 163,155,366,000
Total Capital Expenditure – 75,354,649,000
Total Recurrent Expenditure – 87,800,717,000
Total Projected Revenue – 12,251,677,000
READ ALSO: 2023 Budget: Fact File on Proposals by States in Nigeria (South-South)
