2019 Budgets: Update on States in Nigeria (1)

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Friday, January 04, 2019 12.30PM / Ottoabasi Abasiekong for Proshare WebTV

 

As at Friday 4th January, 2019 we bring to you updates on the 2019 budget proposal of the State Governments across Nigeria. At the moment  33 out of the 36 States of the federation have presented their budgets to the legislature.

 

Lagos the Highest with N852.3bn

The Lagos State budget earmarked at N852.3bn is the highest so far presented from the 33 states in the federation. It is not surprising as Lagos is Nigeria’s economic capital and the highest revenue earner in terms of IGR(internally generated revenue).

 

Nassarawa the Lowest with N86.64bn

Nassarawa State budget earmarked at N86.64bn is the lowest that has been presented across the nation. The State is in the North-Central region of Nigeria and is endowed in the area of agriculture, tourism and solid minerals like coal and iron ore.

 

South-West Zone has Highest Budget Combined

At the moment the South-West region with the following states; Lagos, Ogun, Oyo, Osun, Ondo and Ekiti has the highest budget combined as a geo-political zone. 

The South-West budget total is N2.011trn which could be overtaken by the South-South depending on the budget of Cross River state, which at press time is yet to send its 2019 appropriation bill.

 

North-East Zone has  Lowest Budget Combined

The North-East region for now has the lowest budget combined at N676bn with exemption of Adamawa State. In the concluding part of this story the dynamics could change depending on the estimate that Adamawa will present.

 

3 States Yet to Present

The three States that are yet to present their 2019 budgets are Cross River(South-South), Adamawa(North-East) and Zamfara(North-West). In the second and concluding part of this story, the budgets of the 36 state  should be complete providing an opportunity for review.

 

State

Budget Amount

Abia

N139.5bn

Adamawa

 

Akwa Ibom

N670.7bn

Anambra

N157.1bn

Bayelsa

N275bn

Bauchi

N196.7bn

Benue

N196.5bn

Borno

N125.82bn

Cross River

 

Delta

N367.09bn

Ebonyi

N188.4bn

Edo

N175bn

Enugu

N109bn

Ekiti

N129.9bn

Gombe

N118.7bn

Imo

N276bn

Jigawa

N157.5bn

Kaduna

N155bn

Kano

N219bn

Katsina

N201bn

Kebbi

N151bn

Kogi

N146.7bn

Kwara

N157bn

Lagos

N852.3bn

Nassarawa

N86.64bn

Niger

N159.5bn

Ogun

N402bn

Ondo

N190bn

Osun

N152.7bn

Oyo

N285bn

Plateau

N148bn

Rivers

N480bn

Sokoto

N169.6bn

Taraba

N146.7bn

Yobe

N91.6bn

Zamfara

 NA

 

 

 

SourceProshare Economy



 Proshare Nigeria Pvt. Ltd.


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