This analysis takes a look at Nigeria and State governments’ budgets viz-a-viz its practical benefits to each resident of the state or Nation.
Hopefully, it will be empirically established how and what each State allocates per resident.
2. Government plan often manifest in how they
budget. Ultimately, because governance is
about the people, the whole essence of budget
therefore is to itemize in detail how
government hope to execute governance
financially.
This analysis takes a look at Nigeria and State
governments’ budgets viz-a-viz its practical
benefits to each resident of the state or
Nation.
Hopefully, it will be empirically established how
and what each State allocates per resident.
3. POPULATION AND BUDGET
This analysis is about POPULATION & BUDGET
POPULATION BUDGET
The data for Budget is quite reliable since they are released
yearly, however that of Population is estimated from the
2006 general elections with an assumed constant
population growth rate of 2.8% from 2006 till date.
5. NIGERIA POPULATION & BUDGET
YEAR POPULATION BUDGET (N)
BUDGET
GROWTH RATE
2006 140,420,142 1,876,302,363,351
2007 144,351,906 2,266,394,423,477 20.79%
2008 148,393,759 2,492,076,718,937 9.96%
2009 152,548,785 2,870,510,042,679 15.19%
2010 156,820,151 4,608,616,278,213 60.55%
2011 161,211,115 4,226,191,559,259 -8.30%
2012 165,725,026 4,749,100,821,170 12.37%
2013 170,365,327 4,987,220,425,601 5.01%
2014 175,135,556 4,642,960,000,000 -6.90%
With an assumed steady population growth rate of 2.8%,
Nigeria Budget oscillate every year with the most growth rate
between 2009 and 2010 and a reduction between 2010 and
2011.
6. NIGERIA POPULATION & BUDGET
YEAR POPULATION BUDGET (N)
BUDGET
GROWTH RATE
2006 140,420,142 1,876,302,363,351
2007 144,351,906 2,266,394,423,477 20.79%
2008 148,393,759 2,492,076,718,937 9.96%
2009 152,548,785 2,870,510,042,679 15.19%
2010 156,820,151 4,608,616,278,213 60.55%
2011 161,211,115 4,226,191,559,259 -8.30%
2012 165,725,026 4,749,100,821,170 12.37%
2013 170,365,327 4,987,220,425,601 5.01%
2014 175,135,556 4,642,960,000,000 -6.90%
With an assumed steady population growth rate of 2.8%,
Nigeria Budget oscillate every year with the most growth rate
between 2009 and 2010 and a reduction between 2010 and
2011.
7. BUDGET PER RESIDENT
YEAR POPULATION BUDGET (N) PER RESIDENT (N)
2006 140,420,142 1,876,302,363,351 13,362.06
2007 144,351,906 2,266,394,423,477 15,700.48
2008 148,393,759 2,492,076,718,937 16,793.68
2009 152,548,785 2,870,510,042,679 18,817.00
2010 156,820,151 4,608,616,278,213 29,387.91
2011 161,211,115 4,226,191,559,259 26,215.26
2012 165,725,026 4,749,100,821,170 28,656.51
2013 170,365,327 4,987,220,425,601 29,273.68
2014 175,135,556 4,642,960,000,000 26,510.66
As at year 2014; N29,273.68 is the average budget per
resident. In year 2014, it dropped to N26,510.66, which
is N2,763.02 (9.44%) drop from that of year 2013.
11. STATE BUDGET PER RESIDENT - CATEGORIZED
N140,739
RANGE N125,040
N15,700
BAYELSA
KATSINA
BASED ON 2014
BUDGET
STANDARD OF LIVING BOARD
HIGH 99,060 < = 140,740
MEDIUM 57,380 < 99,060
LOW 15,700 < 57,380
12. STATE BUDGET PER RESIDENT - 2014
STATE ZONE 2014
BAYELSA SS 140,739
AKWA IBOM SS 96,445
DELTA SS 76,330
RIVERS SS 74,880
PLATEAU NC 57,010
OSUN SW 50,684
NASARAWA NC 49,109
CROSS RIVER SS 49,030
OGUN SW 44,929
LAGOS SW 43,081
KWARA NC 42,202
ABIA SE 42,155
EDO SS 39,480
ONDO SW 37,530
EBONYI SE 36,757
GOMBE NE 36,410
YOBE NE 35,572
EKITI SW 34,433
BORNO NE 34,216
KEBBI NW 32,425
KOGI NC 31,137
ZAMFARA NW 28,072
IMO SE 27,967
TARABA NE 27,811
SOKOTO NW 27,284
OYO SW 27,009
ANAMBRA SE 26,868
KADUNA NW 26,046
ADAMAWA NE 24,692
BAUCHI NE 23,038
ENUGU SE 22,892
JIGAWA NW 21,088
NIGER NC 19,868
BENUE NC 19,829
KANO NW 18,694
KATSINA NC 15,700
About 89% “State
Budget per Resident”
are categorized as LOW
Coincidental (or there is
more to this), the States
of the present (Bayelsa)
and the former
(Katsina) presidents are
each at the top and the
bottom of the scale
15. STATE BUDGET PER RESIDENT - CATEGORIZED
N5,317
RANGE N135,423
N140,739
KANO
BAYELSA
BASED ON 2006 -
2014 BUDGET
STANDARD OF LIVING BOARD
HIGH 95,599 < = 140,740
MEDIUM 50,458 < 95,599
LOW 5,317 < 50,458
@2006 Budget
@2014 Budget
17. SUMMARY & CONCLUSION
Based on this analysis; Bayelsa, Akwa-Ibom, Delta,
Rivers and Osun States have more ‘State Budget
per Resident’. However, these does not translate
into better standard of living for the residents of
these States.
IT DOES NOT MATTER
WHAT YOU HAVE, IT IS
THE USE OF IT THAT
COUNTS!