The 2024 budget for the governor’s office in four states in Nigeria exceeds the total internally generated revenue (IGR) of the preceding year, new data released by StatiSense has shown.
The data reveals that the 2024 budgets for governors’ offices in Cross River, Imo, Anambra, and Taraba states are greater than these states’ entire IGR in 2023.
StatiSense, a tech company specialising in data and information management, posted an analysis of this data on its verified X handle on Wednesday.
Imo State budgeted 206 per cent of its 2023 IGR for the Governor’s office in 2024. According to the data, the state allocated N43.05 billion to the Governor’s office but generated only N21.05 billion the previous year.
In Cross River, the state allocated N53.39 billion for the Governor’s office, which is 169 per cent of the N31.56 billion it generated in 2023.
Meanwhile, Anambra State, governed by a former Central Bank Governor and economist, Charles Soludo, budgeted N33.97…