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Economic Confidential,
June, 2008
FEDERATION ACCOUNT: ADDITIONAL ALLOCATION IN MAY 2008
TABLE OF DISTRIBUTION OF EXCESS CRUDE PROCEEDS OF N67.8BILLION IN
MAY 2008
As part of the three allocations in May 2008, the Economic
Confidential magazine provides here the distribution of the sum
of =N=67,840,942,886.50 from Domestic Crude Proceeds being
difference of May 2008 Budget and Actual Revenue. Other allocations
are in Fact and Figures pages. From the total
disbursement of nets, the highest recipients are Rivers receiving
N4bn, Akwa Ibom N2bn, Delta N2bn and Bayelsa N1.8bn, Kano N1.3bn,
Lagos N1bn and Katsina N1bn.
The lowest recipients are Gombe N567million, Nasarawa N566million,
Ebonyi N545million and Ekiti 576million. The Economic Confidential
can also confirm that FG received N31bn while FCT Councils were
allocated N108million. Nigerian Customs Service(NCS) and Federal
Inland Revenue Service (FIRS) did not received any allocation from
the Excess Crude Proceeds.
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State government
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Local government |
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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 |
478,236,219.81 |
478,236,219.81 |
0.00 |
253,538,311.45 |
253,538,311.45 |
0.00 |
731,774,531.26 |
1 |
|
2 |
Adamawa |
21 |
424,347,923.97 |
424,347,923.97 |
0.00 |
326,279,124.06 |
326,279,124.06 |
0.00 |
750,627,048.04 |
2 |
|
3 |
Akwa Ibom |
31 |
2,463,302,936.09 |
2,463,302,936.09 |
0.00 |
430,296,529.30 |
430,296,529.30 |
0.00 |
2,893,599,465.39 |
3 |
|
4 |
Anambra |
21 |
428,624,170.66 |
428,624,170.66 |
0.00 |
323,441,100.77 |
323,441,100.77 |
0.00 |
752,065,271.43 |
4 |
|
5 |
Bauchi |
20 |
497,127,739.25 |
497,127,739.25 |
0.00 |
374,080,459.57 |
374,080,459.57 |
0.00 |
871,208,198.82 |
5 |
|
6 |
Bayelsa |
8 |
1,703,661,397.26 |
1,703,661,397.26 |
0.00 |
137,629,782.31 |
137,629,782.31 |
0.00 |
1,841,291,179.57 |
6 |
|
7 |
Benue |
23 |
458,233,346.71 |
458,233,346.71 |
0.00 |
380,363,889.98 |
380,363,889.98 |
0.00 |
838,597,236.70 |
7 |
|
8 |
Borno |
27 |
505,597,505.12 |
505,597,505.12 |
0.00 |
437,142,543.32 |
437,142,543.32 |
0.00 |
942,740,048.43 |
8 |
|
9 |
Cross River |
18 |
576,517,492.50 |
576,517,492.50 |
0.00 |
271,653,746.40 |
271,653,746.40 |
0.00 |
848,171,238.90 |
9 |
|
10 |
Delta |
25 |
1,652,789,514.46 |
1,652,789,514.46 |
0.00 |
359,055,207.50 |
359,055,207.50 |
0.00 |
2,011,844,721.96 |
10 |
|
11 |
Ebonyi |
13 |
351,800,885.16 |
351,800,885.16 |
0.00 |
193,534,835.77 |
193,534,835.77 |
0.00 |
545.335,720.94 |
11 |
|
12 |
Edo |
18 |
421,189,257.54 |
412,189,257.54 |
0.00 |
271,895,415.13 |
271,895,415.13 |
0.00 |
693,084,672.67 |
12 |
|
13 |
Ekiti |
16 |
354,864,396.33 |
354,864,396.33 |
0.00 |
221,173,930.13 |
221,173,930.13 |
0.00 |
576,038,326.46 |
13 |
|
14 |
Enugu |
17 |
400,372,237.79 |
400,372,237.79 |
0.00 |
262,049,069.41 |
262,049,069.41 |
0.00 |
662,421,307.20 |
14 |
|
15 |
Gombe |
11 |
376,365,642.62 |
376,365,642.62 |
0.00 |
191,217,020.36 |
191,217,020.36 |
0.00 |
567,582,662.98 |
15 |
|
16 |
Imo |
27 |
566,785,703.23 |
566,785,703.23 |
0.00 |
379,427,847.45 |
379,427,847.45 |
0.00 |
946,213,550.68 |
16 |
|
17 |
Jigawa |
27 |
469,507,579.51 |
469,507,579.51 |
0.00 |
398,077,949.38 |
398,077,949.38 |
0.00 |
867,585,528.90 |
17 |
|
18 |
Kaduna |
23 |
535,103,102.47 |
535,103,102.47 |
0.00 |
426,964,900.54 |
426,964,900.54 |
0.00 |
962,068,003.02 |
18 |
|
19 |
Kano |
44 |
670,650,437.38 |
670,650,437.38 |
0.00 |
700,709,029.72 |
700,709,029.72 |
0.00 |
1,371,359,467.11 |
19 |
|
20 |
Katsina |
34 |
510,027,615.67 |
510,027,615.67 |
0.00 |
512,293,198.91 |
512,293,198.91 |
0.00 |
1022,320,850.59 |
20 |
|
21 |
Kebbi |
21 |
426,608,297.08 |
426,608,297.08 |
0.00 |
318,223,169.66 |
318,223,169.66 |
0.00 |
744,831,466.75 |
21 |
|
22 |
Kogi |
21 |
425,543,519.33 |
425,543,519.33 |
0.00 |
329,827,887.82 |
329,827,887.82 |
0.00 |
755,371,407.15 |
22 |
|
23 |
Kwara |
16 |
387,784,430.80 |
387,784,430.80 |
0.00 |
253,299,448.00 |
253,299,448.00 |
0.00 |
641,083,878.80 |
23 |
|
24 |
Lagos |
20 |
605,813,279.27 |
605,813,279.27 |
0.00 |
425,631,713.44 |
425,631,713.44 |
0.00 |
1,031,444,992.71 |
24 |
|
25 |
Nassarawa |
13 |
363,334,508.27 |
363,334,508.27 |
0.00 |
202,693,890.97 |
202,693,890.97 |
0.00 |
566,028,399.24 |
25 |
|
26 |
Niger |
25 |
496,237,654.69 |
496,237,654.69 |
0.00 |
410,750,880.07 |
410,750,880.07 |
0.00 |
906,988,534.76 |
26 |
|
27 |
Ogun |
20 |
414,736,337.70 |
414,736,337.70 |
0.00 |
303,947,552.79 |
303,947,522.79 |
0.00 |
718,683,890.48 |
27 |
|
28 |
Ondo |
18 |
908,582,479.49 |
908,582,479.49 |
0.00 |
280,559,473.05 |
280,559,473.05 |
0.00 |
1,189,141,952.53 |
28 |
|
29 |
Osun |
30 |
393,355,592.73 |
393,355,592.73 |
0.00 |
382,352,117.06 |
382,352,117.06 |
0.00 |
775,707,709.78 |
29 |
|
30 |
Oyo |
33 |
495,580,543.44 |
495,580,543.44 |
0.00 |
488,927,672.59 |
488,927,672.59 |
0.00 |
984,508,216.04 |
30 |
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31 |
Plateau |
17 |
416,188,495.25 |
416,188,495.25 |
0.00 |
279,868,645.04 |
279,868,645.04 |
0.00 |
696,057,140.29 |
31 |
|
32 |
Rivers |
23 |
3,716,398,401.61 |
3,176,398,401.61 |
0.00 |
366,474,808.49 |
366,474,808.49 |
0.00 |
4,082,873,210.10 |
32 |
|
33 |
Sokoto |
23 |
442,442,045.42 |
442,442,045.42 |
0.00 |
351,302,853.25 |
351,302,853.25 |
0.00 |
793,744,898.67 |
33 |
|
34 |
Taraba |
16 |
419,079,101.32 |
419,079,101.32 |
0.00 |
279,634,364.49 |
279,634,364.49 |
0.00 |
698,722,465.81 |
34 |
|
35 |
Yobe |
17 |
415,922,577.54 |
415,922,577.54 |
0.00 |
271,185,891.96 |
271,185,891.96 |
0.00 |
687,108,469.49 |
35 |
|
36 |
Zamfara |
14 |
417,187,118.92 |
417,187,118.92 |
0.00 |
254,595,232.38 |
254,595,232.38 |
0.00 |
671,782,351.30 |
36 |
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37 |
FCT-Abuja |
6 |
0.00 |
0.00 |
0.00 |
108,345,291,.58 |
108,345,291.58 |
0.00 |
108,345,291.58 |
37 |
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State’s total |
774 |
24,589,899,522.41 |
24,589,899,522.41 |
0.00 |
12,158,453,784.12 |
12,158,453,784.12 |
0.00 |
36,748,353,306.53 |
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38 |
FGN |
|
31,092,589,579.97 |
31,092,589,579.97 |
0.00 |
0.00 |
0.00 |
0.00 |
31,092,589,579.97 |
38 |
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39 |
Customs |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
39 |
|
40 |
Transfer to Excess Crude |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
40 |
|
41 |
FIRS |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
41 |
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42 |
Total deduction |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
42 |
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43 |
Local Government |
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12,158,453,784.12 |
12,158,453,784.12 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
43 |
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GRAND TOTAL |
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67,840,942,886.50 |
67,840,942,886.50 |
0.00 |
12,158,453,784.12 |
12,158,453,784.12 |
0.00 |
67,840,942,886.50 |
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This table is brought to you courtesy of the monthly Economic
Confidential magazine
Other Related Facts and Figures:
Federal Allocation: How They Share N892bn
in May 2008
FAAC: Disbursement of N513bn for May
Statutory and VAT
Disbursement of N311bn in May as
Differential from Jan. to Mar. 2008 |
