Cross River State budget allocation versus actual release rates by ministry. Tracks whether approved funds are reaching the programmes they were signed for.
₦296.98bn
Total budget
₦155.1bn
Revenue projected
—
Revenue actual
₦141.89bn
Deficit
—
Debt service
—
Implementation rate
The 2024 'People-First Budget' was presented at ₦250.6 billion and passed by the Assembly at ₦296.98 billion. Capital expenditure was ₦180.95 billion (61%) and recurrent ₦116.04 billion (39%). The budget was heavily financed through domestic loans (₦133.4 billion) and other deficit financing. A full 2024 debt-service total was not published in the sources reviewed — external debt servicing alone rose 255% to ₦7.87bn in H1 2024 (from ₦2.21bn in H1 2023) on naira depreciation, but the full domestic+external figure is shown as unavailable rather than estimated.
AllocationReleased