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Economic Confidential,
April
2008
Federation Account: March 2008
Gross summary of Statutory Revenue and VAT Allocations to 3tiers of
Government,
NCS and FIRS at the Federation Account Allocation Committee Meeting of March
2008
From the total disbursement of nets after deductions, the highest recipients
are from the oil producing states with Rivers receiving N15.2bn, Akwa Ibom
N10.7bn, Delta N7.9bn and Bayelsa N6.8bn. The highest recipients from
non-oil –producing states are Lagos N7.3bn, Kano N6.4bn and Katsina N4.8bn.
The lowest recipients with less thanN3bn as is authoritatively revealed in
the table below by the Economic Confidential are Gombe N2.5bn, Nasarawa
N2.5bn, Ebonyi N2.6bn and Ekiti N2.8bn. Economic Confidential can also
confirm other disbursements in March 2008: Federal 121bn,FCT Councils N786
million, Nigerian Customs Service(NCS) N1.3bn, and Federal Inland Revenue
Service (FIRS) N2.bn. There was also disbursement of $2billion from Excess
Crude Account, which was converted to Naira. The Economic
Confidential will provide the table of the allocations from the
Excess Crude Account in our next edition)
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State government
|
Local government |
|
|
|
1
s/no |
2
state |
3
no of lgCs |
4
gross statutory + min revenue |
5
net statutory + mineral revenue |
6
Vat shared |
7
gross statutory revenue |
8
net statutory revenue |
9
net vat to l/govt |
10
total paid
(5+6+8+9) |
s/no |
|
|
|
|
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
|
|
1 |
Abia |
17 |
1,885,96,140.03 |
1,816,117,552.04 |
349,429,422.62 |
1.056,297,437.91 |
1.056,297,437.91 |
208,475,698.96 |
3,430,320,111.54 |
1 |
|
2 |
Adamawa |
21 |
1,739,748,306.14 |
1,600,666,370.45 |
327,280,849.71 |
1,315,843,692.99 |
1,315,843,692.99 |
224,860,867.42 |
3,468,651,780.56 |
2 |
|
3 |
Akwa Ibom |
31 |
8,483,745,894.46 |
8,380,623,506.09 |
388,657,625.63 |
1,668,190,812.75 |
1,668,190,812.75 |
331,790,816.69 |
10,769,262,761.17 |
3 |
|
4 |
Anambra |
21 |
1,741,990,701.84 |
1,671,318,332.86 |
375,448,656.98 |
1,316,732,025.65 |
1,316,732,025.65 |
256,970,473.95 |
3,620,469,489.44 |
4 |
|
5 |
Bauchi |
20 |
1,962,969,608.88 |
1,745,612,521.45 |
370,941,240,06 |
1,474,307,611.63 |
1,474,307,611.63 |
247,830,834.65 |
3,838,692,207.79 |
5 |
|
6 |
Bayelsa |
8 |
5,885,984,345.86 |
5,853,594,309.47 |
291,095,048.59 |
572,134,950.89 |
572,134,950.89 |
107,149,352.42 |
6,823,973,661.37 |
6 |
|
7 |
Benue |
23 |
1,877,174,719.46 |
1,723,818,189.15 |
362,265,368.97 |
1,511,319,002.31 |
1,511,319,002.31 |
263,069,419.24 |
3,860,471,979.67 |
7 |
|
8 |
Borno |
27 |
1,992,685,891.82 |
1,859,825,839.11 |
352,861,812.98 |
1,676,079,337.29 |
1,676,079,337.29 |
284,167,371.71 |
4,172,934,361.10 |
8 |
|
9 |
Cross River |
18 |
2,222,039,952.59 |
1,791,284,488.95 |
326,414,765.74 |
1,124,966,725.32 |
1,124,966,725.32 |
202,222,681.82 |
3,444,888,661.83 |
9 |
|
10 |
Delta |
25 |
5,810,748,267.07 |
5,708,120,918.81 |
434,123,415.93 |
1,466,746,838.29 |
1,466,746,838.29 |
317,217,283.89 |
7,926,208,456.92 |
10 |
|
11 |
Ebonyi |
13 |
1,471,986,325.02 |
1,431,626,247.28 |
295,075,587.57 |
780,475,708.19 |
780,475,708.19 |
146,430,781.52 |
2,653,608,324.56 |
11 |
|
12 |
Edo |
18 |
1,800,553,657.52 |
1,666,023,054.63 |
335,128,696.04 |
1,158,628,376.32 |
1,158,628,376.32 |
208,897,373.25 |
3,368,677,500.24 |
12 |
|
13 |
Ekiti |
16 |
1,463,814,277.03 |
1,418,167,957.00 |
300,102,145.87 |
921,001,223.23 |
921,001,223.23 |
170,759,825.04 |
2,810,031,151.14 |
13 |
|
14 |
Enugu |
17 |
1,619,663,103.68 |
1,518,560,922.36 |
408,067,494.58 |
1,059,437,648.13 |
1,059,437,648.13 |
243,490,912.76 |
3,229,556,977.83 |
14 |
|
15 |
Gombe |
11 |
1,490,090,893.97 |
1,335,354,236.99 |
295,437,866.92 |
744,900,599.09 |
744,900,599.09 |
132,920,033.97 |
2,508,612,736.97 |
15 |
|
16 |
Imo |
27 |
2,180,267,111.80 |
2,085,077,551.82 |
357,482,487.80 |
1,515,508,072.10 |
1,515,508,072.10 |
286,496,131.20 |
4,244,564,242.92 |
16 |
|
17 |
Jigawa |
27 |
1,906,227,484.46 |
1,812,553,659.57 |
375,361,328.14 |
1,645,576,079.15 |
1,645,576,079.15 |
299,263,328.06 |
4,132,754,394.92 |
17 |
|
18 |
Kaduna |
23 |
2,132,629,341.86 |
1,878,393,808.38 |
446,500,762.17 |
1,726,120,342.03 |
1,726,120,342.03 |
319,017,741.82 |
4,370,032,654.40 |
18 |
|
19 |
Kano |
44 |
2,594,186,209.82 |
2,406,824,401.24 |
596,947,506.62 |
2,837,741,077.15 |
2,837,741,077.15 |
563,842,417.32 |
6,405,355,402.33 |
19 |
|
20 |
Katsina |
34 |
2,034,106,522.54 |
2,015,573,125.52 |
413,745,277.12 |
2,064,622,089.86 |
2,064,622,089.86 |
375,741,363.23 |
4,869,681,855.73 |
20 |
|
21 |
Kebbi |
21 |
1,691,573,863.69 |
1,527,702,526.79 |
324,573,927.83 |
1,295,616,587.06 |
1,295,616,587.06 |
223,091,466.46 |
3,370,984,508.14 |
21 |
|
22 |
Kogi |
21 |
1,696,641,676.37 |
1,413,685,749.55 |
332,129,419.61 |
1,315,659,745.33 |
1,315,659,745.33 |
227,937,579.95 |
3,289,412,494.44 |
22 |
|
23 |
Kwara |
16 |
1,544,657,802.48 |
1,531,055,989.45 |
296,590,997.79 |
1,014,377,719.46 |
1,014,377,719.46 |
168,825,472.71 |
3,010,850,17941 |
23 |
|
24 |
Lagos |
20 |
2,451,477,180.62 |
1,679,779,389.92 |
2474,513,718.29 |
1,731,190,811.53 |
1,731,190,811.53 |
1,473,694,739.68 |
7,359,178,659.41 |
24 |
|
25 |
Nassarawa |
13 |
1,461,418,940.78 |
1,254,593,883.15 |
333,395,884.43 |
812,855,668.65 |
812,855,668.65 |
166,846,717.62 |
2,567,692,153.85 |
25 |
|
26 |
Niger |
25 |
1,965,268,573.96 |
1,602,491,739.24 |
343,111,111.61 |
1,638,735,852.04 |
1,638,735,852..04 |
263,890,291.42 |
3,848,228,994.32 |
26 |
|
27 |
Ogun |
20 |
1,655,391,974.00 |
1,585,790,733.12 |
373,244,440.57 |
1,212,402,620.65 |
1,212,402,620.65 |
245,760,103.78 |
3,417,l97,898.11 |
27 |
|
28 |
Ondo |
18 |
3,326,102,990.78 |
3,259,595,456.79 |
342,419,105.30 |
1,144,060,946.38 |
1,144,060,946.38 |
213,580,258.61 |
4,959,655,767.08 |
28 |
|
29 |
Osun |
30 |
1,590,964,516.24 |
1,512,118,390.44 |
334,429,765.44 |
1,564,111,506.79 |
1,564,111,506.79 |
292,077,497.52 |
3,702,737,160.18 |
29 |
|
30 |
Oyo |
33 |
1,985,586,800.61 |
1,699,632,443.24 |
432,401,836.22 |
1,962,929,983.90 |
1,962,929,983.90 |
377,548,092.84 |
4,472,512,356.19 |
30 |
|
31 |
Plateau |
17 |
1,693,290,209.12 |
1,492,650,050.18 |
328,474,803.65 |
1,127,149,744.92 |
1,127,149,744.92 |
197,672,037.65 |
3,145,946,636.40 |
31 |
|
32 |
Rivers |
23 |
12,686,765,120.69 |
12,531,771,161.35 |
738,513,152.23 |
1,482,785,740.65 |
1,482,785,740.65 |
481,832,298.30 |
15,234,902,352.52 |
32 |
|
33 |
Sokoto |
23 |
1,791,849,104.54 |
1,655,896,536.57 |
346.547,180.19 |
1,426,965,027.41 |
1,426,965,027.41 |
251,759,664.77 |
3,681,168,408.94 |
33 |
|
34 |
Taraba |
16 |
1,674,660,755.07 |
1,497,052,349.56 |
343,878,848.05 |
1,130,397,511.61 |
1,130,397,511.61 |
195,736,305.03 |
3,167,065,014.25 |
34 |
|
35 |
Yobe |
17 |
1,627,373,267.91 |
1,454,785,507.60 |
347,373,366.66 |
1,078,001,100.48 |
1,078,001,100.48 |
203,992,201.99 |
3,084,152,176.73 |
35 |
|
36 |
Zamfara |
14 |
1,686,611,901.26 |
1,638,112,498.21 |
325,287,822.82 |
1,033,145,519.71 |
1,033,145,519,71 |
174,723,638.83 |
3,171,269,479.57 |
36 |
|
37 |
FCT-Abuja |
6 |
0.00 |
0.00 |
0.00 |
342,467,818.29 |
342,467,818.29 |
443,893,842.43 |
786,361,660.72 |
37 |
|
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State’s total |
774 |
92,826,215,433.97 |
87,055,851,398.33 |
15,419,252,740.72 |
48,949,483,555.15 |
48,949,483,555.15 |
10,793,476,918.50 |
162,218,064,612.70 |
|
|
38 |
FGN |
|
125,177,611,343.96 |
116,575,198,645.34 |
4,625,775,822.22 |
0.00 |
0.00 |
0.00 |
121,200,974,467.55 |
38 |
|
39 |
Customs |
|
1,319,326,037.37 |
1,319,326,037.37 |
0.00 |
0.00 |
0.00 |
0.00 |
1,319,326,037.37 |
39 |
|
40 |
Transfer to Excess Crude |
285,527,958,615.34 |
285,527,958,615.34 |
0.00 |
0.00 |
0.00 |
0.00 |
285,527,958,615,34 |
40 |
|
41 |
FIRS |
990,643,486.55 |
990,643,486.55 |
1,284,937,728.39 |
0.00 |
0.00 |
0.00 |
2,275,581,214.94 |
41 |
|
42 |
Total deduction |
|
0.00 |
14,372,776,734.26 |
0.00 |
0.00 |
0.00 |
0.00 |
2,275,581,214.94 |
42 |
|
43 |
Local Government |
|
48,949,483,555.15 |
48,949,483,555.15 |
10,793,476,918.50 |
0.00 |
0.00 |
0.00 |
0.00 |
43 |
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GRAND TOTAL |
|
554,791,238,472.33 |
554,791,238,472.33 |
32,123,443,209.83 |
48,949,483,555.15 |
48,949,483,555.15 |
10,793,476,918.50 |
586,914,681,682.16 |
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This table is brought to you courtesy of the monthly Economic
Confidential magazine. |
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