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Economic Confidential, May 2008
FACTS AND
FIGURES
The Sharing of $2 Billion from the Excess Crude Account
TABLE OF DISBURSEMENT
As
governors of the 36 states clamour for the release of N2 trillion from the
Excess Crude Account in order to address the global food crisis, the
Economic Confidential confirms the detail of the release of $2 billion from
the fund in March 2008 to federal government, states and local government
councils. The total amount after the conversion to Naira was N232billion.
The highest recipients from the breakdown of the fund are FG N106bn, Rivers
N13bn, Akwa Ibom N9.8bn, Delta N6.9bn, Bayelsa N6.3bn, Kano N4.6bn and Ondo
N4.1bn. The least recipients with less than N2billion each are Gombe,
Nasarawa and Ebonyi States.
|
S/NO |
STATES |
FED.
& STATES ALLOCATION |
NET
MINERAL REVENUE |
TOTAL (3+4) |
TOT
DED |
STATE NET |
LG
NET ALLOCATION |
TOTAL |
S/NO |
|
1 |
ABIA
|
1,327,440,537.04 |
336,232,210.13 |
1,663,672,747.17 |
0.00 |
1,663,672,747.17 |
899,059,755.70 |
2,562,732,502.87 |
1 |
|
2 |
ADAMAWA |
1,480,773,909.84 |
- |
1,480,773,909.84 |
0.00 |
1,480,773,909.84 |
1,119,970,632.04 |
2,600,744,541.88 |
2 |
|
3 |
AKWA
IBOM |
1,462,530,413.57 |
6,969,871,472.36 |
8,432,401,885.92 |
0.00 |
8,432,401,885.92 |
1,419,868,278.33 |
9,852,270,164.25 |
3 |
|
4 |
ANAMBRA
|
1,482,682,508.37 |
- |
1,482,682,508.37 |
0.00 |
1,482,682,508.37 |
1,120,726,729.82 |
2,603,409,238.18 |
4 |
|
5 |
BAUCHI
|
1,670,767,071.54 |
- |
1,670,767,071.54 |
0.00 |
1,670,767,071.54 |
1,254,846,024.96 |
2,925,613,096.49 |
5 |
|
6 |
BAYELSA
|
1,150,466,805.57 |
4,671,330,077.47 |
5,821,796,883.04 |
0.00 |
5,821,796,883.04 |
486,968,434.00 |
6,308,765,317.04 |
6 |
|
7 |
BENUE |
1,597,743,385.63 |
- |
1,597,743,385.63 |
0.00 |
1,597,743,385.63 |
1,286,347,996.53 |
2,884,091,382.16 |
7 |
|
8 |
BORNO
|
1,696,059,866.09 |
- |
1,696,059,866.09 |
0.00 |
1,696,059,866.09 |
1,426,582,537.68 |
3,122,642,403.77 |
8 |
|
9 |
CROSS RIVER |
1,386,889,675.09 |
610,502,630.62 |
1,997,392,305.71 |
0.00 |
1,997,392,305.71 |
957,507,112.05 |
2,954,899,417.76 |
9 |
|
10 |
DELTA |
1,481,299,129.85 |
4,193,382,884.41 |
5,674,682,014.27 |
0.00 |
5,674,682,014.27 |
1,248,410,728.62 |
6,923,092,742.89 |
10 |
|
11 |
EBONYI
|
1,252,870,279.02 |
- |
1,252,870,279.02 |
0.00 |
1,252,870,279.02 |
664,296,129.43 |
1,917,166,408.45 |
11 |
|
12 |
EDO
|
1,473,771,776.29 |
71,118,128.55 |
1,544,889,904.84 |
0.00 |
1,544,889,904.84 |
986,157,977.46 |
2,531,047,882.30 |
12 |
|
13 |
EKITI |
1,245,914,700.79 |
- |
1,245,914,700.79 |
0.00 |
1,245,914,700.79 |
783,903,382.74 |
2,029,818,083.53 |
13 |
|
14 |
ENUGU |
1,378,564,277.49 |
- |
1,378,564,277.49 |
0.00 |
1,378,564,277.49 |
901,732,522.41 |
2,280,296,799.90 |
14 |
|
15 |
GOMBE |
1,268,279,849.05 |
- |
1,268,279,849.05 |
0.00 |
1,268,279,849.05 |
634,016,638.31 |
1,902,296,487.36 |
15 |
|
16 |
IMO
|
1,461,233,892.32 |
477,481,658.29 |
1,938,715,550.61 |
0.00 |
1,938,715,550.61 |
1,289,913,492.32 |
3,228,629,042.93 |
16 |
|
17 |
JIGAWA |
1,622,471,431.79 |
- |
1,622,471,431.79 |
0.00 |
1,622,471,431.79 |
1,400,619,915.00 |
3,023,091,346.80 |
17 |
|
18 |
KADUNA |
1,815,171,699.06 |
- |
1,815,171,699.06 |
0.00 |
1,815,171,699.06 |
1,469,174,568.94 |
3,284,346,268.00 |
18 |
|
19 |
KANO |
2,208,022,415.21 |
- |
2,208,022,415.21 |
0.00 |
2,208,022,415.21 |
2,415,322,340.09 |
4,623,344,755.30 |
19 |
|
20 |
KATSINA |
1,731,314,729.72 |
- |
1,731,314,729.72 |
0.00 |
1,731,314,729.72 |
1,757,287,829.26 |
3,488,602,558.98 |
20 |
|
21 |
KEBBI |
1,439,770,589.28 |
- |
1,439,770,589.28 |
0.00 |
1,439,770,589.28 |
1,102,754,480.35 |
2,542,525,069.63 |
21 |
|
22 |
KOGI |
1,444,084,020.58 |
- |
1,444,084,020.58 |
0.00 |
1,444,084,020.58 |
1,119,814,066.35 |
2,563,898,086.93 |
22 |
|
23 |
KWARA
|
1,314,724,069.84 |
- |
1,314,724,069.84 |
0.00 |
1,314,724,069.84 |
863,380,097.23 |
2,178,104,167.07 |
23 |
|
24 |
LAGOS |
2,086,556,679.97 |
- |
2,086,556,679.97 |
0.00 |
2,086,556,679.97 |
1,473,490,261.57 |
3,560,046,941.54 |
24 |
|
25 |
NASSARAWA
|
1,243,875,928.05 |
- |
1,243,875,928.05 |
0.00 |
1,243,875,928.05 |
691,856,093.41 |
1,935,732,021.46 |
25 |
|
26 |
NIGER |
1,672,723,818.67 |
- |
1,672,723,818.67 |
0.00 |
1,672,723,818.67 |
1,394,797,906.27 |
3,067,521,724.93 |
26 |
|
27 |
OGUN
|
1,408,974,641.34 |
- |
1,408,974,641.34 |
0.00 |
1,408,974,641.34 |
1,031,927,528.00 |
2,440,902,169.33 |
27 |
|
28 |
ONDO
|
1,384,767,560.48 |
1,750,497,158.76 |
3,135,264,719.24 |
0.00 |
3,135,264,719.24 |
973,759,017.15 |
4,109,023,736.39 |
28 |
|
29 |
OSUN
|
1,354,137,686.94 |
- |
1,354,137,686.94 |
0.00 |
1,354,137,686.94 |
1,331,281,946.46 |
2,685,419,633.40 |
29 |
|
30 |
OYO
|
1,690,017,527.07 |
- |
1,690,017,527.07 |
0.00 |
1,690,017,527.07 |
1,670,733,345.02 |
3,360,750,872.09 |
30 |
|
31 |
PLATEAU |
1,441,231,444.01 |
- |
1,441,231,444.01 |
0.00 |
1,441,231,444.01 |
959,365,173.04 |
2,400,596,617.05 |
31 |
|
32 |
RIVERS |
1,594,239,338.81 |
11,140,478,989.56 |
12,734,718,328.37 |
0.00 |
12,734,718,328.37 |
1,262,062,121.80 |
13,996,780,450.17 |
32 |
|
33 |
SOKOTO |
1,525,119,119.26 |
- |
1,525,119,119.26 |
0.00 |
1,525,119,119.26 |
1,214,550,734.38 |
2,739,669,853.63 |
33 |
|
34 |
TARABA
|
1,425,375,121.91 |
- |
1,425,375,121.91 |
0.00 |
1,425,375,121.91 |
962,129,485.65 |
2,387,504,607.56 |
34 |
|
35 |
YOBE
|
1,385,126,726.78 |
- |
1,385,126,726.78 |
0.00 |
1,385,126,726.78 |
917,532,667.65 |
2,302,659,394.43 |
35 |
|
36 |
ZAMFARA
|
1,435,547,251.64 |
- |
1,435,547,251.64 |
0.00 |
1,435,547,251.64 |
879,354,171.67 |
2,314,901,423.31 |
36 |
|
37 |
FCT-ABUJA |
- |
- |
- |
0.00 |
0.00
|
291,488,951.87 |
291,488,951.87 |
37 |
|
|
SUB
TOTAL |
54,040,539,877.94 |
30,220,895,210.15 |
84,261,435,088.09 |
0.00 |
84,261,435,088.09 |
41,662,991,073.56 |
125,924,426,161.66 |
|
|
40 |
FGN
|
106,543,998,531.81 |
0.00
|
106,543,998,531.81 |
0.00 |
106,543,998,531.81 |
#REF! |
106,543,998,531.81 |
40 |
This table is exclusively provided by the Economic Confidential
magazine
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