Post by Henry Emeka (@Emekus)

Key sector allocations in Nigeria’s 2024 federal budget
Sector Allocation (₦) Share of Budget What it covers (federal level)
Defence & Security ₦3.25 trillion ~12% Military, police, intelligence, paramilitary
Education ₦2.18 trillion ~7.9% Basic, secondary, tertiary, UBEC, TETFUND
Health ₦1.33 trillion ~5% Federal hospitals, immunization, basic health fund
Infrastructure works, power, transport, water, aviation) ₦1.32 trillion ~5% Roads, power, housing, transport, water,
Social development & poverty reduction ₦534 billion ~2% Social investment, poverty programmes
Debt service ₦8.25–9.18 trillion ~30%+ of spending Interest and repayments on past borrowing



https://www.vanguardngr.com/2023/11/2024-budget-defence-education-top-sectoral-allocation-with-n5-43trn/?utm_source=copilot.com

https://punchng.com/breakdown-of-2024-budget-presented-by-tinubu/?utm_source=copilot.com


https://economypost.ng/government-business/revenue-and-expenditure/tinubu-debt-profile-how-much-has-nigeria-borrowed-since-2023/2025/09/06/?utm_source=copilot.com

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