Zamfara State Hits 82% Revenue Goal: N358.9 Billion Mobilized in 2024
The Zamfara State Government successfully generated N358.9 billion in total revenue for the 2024 fiscal year, achieving an impressive 82% of its approved target of N437 billion. This performance, detailed in the state’s maiden Citizens Accountability Report, underscores a significant push toward fiscal transparency and improved financial management within the state.
Key Financial Performance Highlights
The revenue performance was announced by the State Auditor-General, Abubakar Danmaliki, and the Commissioner of Finance, Bello Auta, during the report’s official presentation in Gusau.
The total revenue of N358.9 billion was generated through:
Federal Statutory Allocations: Funds received from the Federation Account.
Value Added Tax (VAT): The state’s share of the consumption tax.
Internally Generated Revenue (IGR): Income generated within the state itself.
Aids and Grants: Funds from development partners.
The Commissioner of Finance highlighted that before the current administration, the state struggled with poor financial practices, including non-retirement of advances and spending IGR at the source. The new report is a move to rectify these historical issues.
Expenditure Breakdown and Citizen Focus
The report provides transparency on how public funds were utilized across different sectors:
Recurrent Expenditure (Day-to-Day Operations): The Administrative Sector consumed the largest share, accounting for 74% of the recurrent spending.
Capital Expenditure (Development Projects): The Economic Sector received the highest proportion, expending 41% of the capital budget.
Significantly, the report emphasized citizen participation in governance. It disclosed that projects nominated by citizens, including those focused on Gender Equity and Social Inclusion (GESI), amounted to N105 billion and were confirmed as properly executed and completed.
Governor Dauda Lawal, represented by the Head of Service, reiterated the administration’s commitment to accountability, stating that governance is a “collective responsibility” where the public must understand how resources are mobilized and spent to deliver services and infrastructure.
National Context
Zamfara’s N358.9 billion total revenue contributes to the larger national picture. Data from the National Bureau of Statistics (NBS) shows that Nigeria’s 36 states and the FCT generated a cumulative N3.63 trillion in Internally Generated Revenue (IGR) in 2024 alone, underlining the massive financial scale of sub-national economies in the country.
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