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Economic Confidential June 2008
Federation Account:
Gross summary of Statutory Revenue and VAT Allocations to 3tiers of
Government,
NCS and FIRS at the Federation Account Allocation Committee Meeting
of May 2008
As part of the three allocations in May 2008, the Economic
Confidential magazine provides here the distribution of a total
sum of N513 billion was shared to all tiers of government at the May
meeting of the monthly Federation Account Allocation Committee (FAAC)
based on the new indices. Other allocations are in Fact and
Figures pages. From the total disbursement of nets after
deductions, the highest recipients are from the oil producing states
with Rivers receiving N19.2bn, Akwa Ibom N13.6bn, Delta N9.8bn and
Bayelsa N8.6bn. The highest recipients from non-oil –producing
states are Lagos N7.9bn and Kano.
The lowest recipients with as is authoritatively revealed in the
table are Gombe N3.1bn, Nasarawa N3.2bn, Ebonyi N3.1bn and Ekiti
N3.2bn. The Economic Confidential can also confirm
other disbursements in May 2008: Federal 157bn, FCT Councils
N953million, Nigerian Customs Service(NCS) N1.5bn, and Federal
Inland Revenue Service (FIRS) N2.1bn.
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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 |
2,347,795,604.54 |
2,335,713,650.39 |
299,839,639.89 |
1,284,447,534.58 |
1,267,284,216.48 |
178,087,791.56 |
4,080,925,298.31 |
1 |
|
2 |
Adamawa |
21 |
2,149,784,155.43 |
2,133,130,595.28 |
281,703,260.21 |
1,652,958,931.89 |
1,669,056,634.80 |
193,133,686.49 |
4,277,024,176.78 |
2 |
|
3 |
Akwa Ibom |
31 |
10,924,788,025,.02 |
10,840,374,985.56 |
343,081,818.31 |
2,179,920,316.73 |
2,143,597, 464. 44 |
291,718,759.74 |
13,618,773,028.05 |
3 |
|
4 |
Anambra |
21 |
2,171,447,999.79 |
2,122,862,608.71 |
321,580,662.22 |
1,638,581,254.58 |
1,614,218,487.56 |
219,532,047.36 |
4,278,193,805.86 |
4 |
|
5 |
Bauchi |
20 |
2,518, ,493,143.69 |
2,518,493,143.69 |
328,186,966.47 |
1,895,124,729.98 |
1,925,901,178.48 |
218,856,054.82 |
4,864,247,116.87 |
5 |
|
6 |
Bayelsa |
8 |
7,589,031,075.15 |
7,618,638,574.99 |
252,157,568.08 |
697,244,663.21 |
697,000,850.17 |
92,129,933.44 |
8,659,926,926.69 |
6 |
|
7 |
Benue |
23 |
2,321,450,707.32 |
2,290,995,191.32 |
313,850,074.26 |
1,926,957,144.80 |
1,931,241,137.56 |
226,971,837.20 |
4,762,358,438.42 |
7 |
|
8 |
Borno |
27 |
2,561,401,727.49 |
2,554,346,605.52 |
312,850,074.26 |
2,214,602,829.89 |
2,263,534,699.65 |
250,864,369.14 |
5,381,595,748.56 |
8 |
|
9 |
Cross River |
18 |
2,784,525,430.28 |
2,425,554,689.44 |
281,491,576.55 |
1,376,221,931.99 |
1,376,169,446.71 |
173,821,096.10 |
4,257,036,808.80 |
9 |
|
10 |
Delta |
25 |
7,437,908,391.36 |
7,392,831,119.20 |
379,638,438.53 |
1,819,005,472.64 |
1,803,674,264.06 |
276,868,683.06 |
9,853,012,504.85 |
10 |
|
11 |
Ebonyi |
13 |
1,782,254,433.36 |
1,765,563,178.74 |
254,192,630.65 |
980,464,613.98 |
969,491,353.25 |
125,300,232.71 |
3,114,547,395.35 |
11 |
|
12 |
Edo |
18 |
2,117,920,265.63 |
2,067,891,413.57 |
286,820,650.62 |
1,377,446,247.19 |
1,375,215,694.42 |
178,019,688.94 |
3,907,947,447.56 |
12 |
|
13 |
Ekiti |
16 |
1,797,774,452.17 |
1,785,408,184.94 |
260,975,820.56 |
1,120,486,713.22 |
1,104,560,808.66 |
148,148,175.29 |
3,299,092,989.45 |
13 |
|
14 |
Enugu |
17 |
2,028,321,206.39 |
2,003,840,091.24 |
353,639,326.90 |
1,327,563,787.95 |
1,312,306,618.37 |
210,434,010.96 |
3,880,220,047.47 |
14 |
|
15 |
Gombe |
11 |
1,906,701,669.66 |
1,807,107,883.38 |
258,152,139.41 |
968,722,355.85 |
974,366,598.14 |
116,047,005.71 |
3,155,673,626.09 |
15 |
|
16 |
Imo |
27 |
2,764,891,608.46 |
2,759,404,801.58 |
312,875,601.62 |
1,922,215,070.46 |
1,890,364,118.97 |
250,130,614.70 |
5,212,775,136.88 |
16 |
|
17 |
Jigawa |
27 |
2,378,566,968.92 |
2,350,186,457.87 |
322,755,652.94 |
2,061,698,138.16 |
2,007,169,474.66 |
257,233,493.35 |
4,937,345,078.82 |
17 |
|
18 |
Kaduna |
23 |
2,710,879,696.18 |
2,638,871,193.18` |
386,493,495.49 |
2,163,041,990.45 |
2,184,474,962.29 |
275,463,541.49 |
5,485,303,192.45 |
18 |
|
19 |
Kano |
44 |
3,397,574,496.46 |
3,342,444,289.51 |
528,790,646.23 |
3,549,853,986.69 |
3,512,135,095.22 |
496,197,,844.81 |
7,879,567,875.76 |
19 |
|
20 |
Katsina |
34 |
2,583,845,242.21 |
2,543,439,434.63 |
358,284,236.81 |
2,595,322,705.11 |
2,576,318,057.36 |
325,148,993.57 |
5,803,190,722.35 |
20 |
|
21 |
Kebbi |
21 |
2,161,235,405.74 |
2,016,789,456.24 |
282,922,506.41 |
1,612,146,753.61 |
1,626,916,905.07 |
194,077,578.97 |
4,120,706,446.68 |
21 |
|
22 |
Kogi |
21 |
2,155,841,147.38 |
2,108,166,166.34 |
287,059,901.17 |
1,670,937,283.27 |
1,673,869,038.71 |
196,590,401.67 |
4,265,685,507.90 |
22 |
|
23 |
Kwara |
16 |
1,964,550,261.62 |
1,927,852,639.32 |
256,960,870.26 |
1,283,237,431.20 |
1,301,323,241.82 |
145,798,147.20 |
3,631,934,898.61 |
23 |
|
24 |
Lagos |
20 |
3,069,103,712.63 |
2,333,480,288.58 |
2,157,806,396.24 |
2,156,287,946.54 |
2,131,767,353.07 |
1,284,186,146.37 |
7,,907,240,184.27 |
24 |
|
25 |
Nassarawa |
13 |
1,840,684,789.24 |
1,814,033,804.54 |
289,745,560.03 |
1,026,865,198.57 |
1,040,690,832.15 |
144,634,536.24 |
3,289,104,732.96 |
25 |
|
26 |
Niger |
25 |
2,513,983,,896.48 |
2,358,240,655.83 |
303,713,585.90 |
2,080,900,327.13 |
2,133,234,037.02 |
232,774,484.02 |
5,027,962,762.82 |
26 |
|
27 |
Ogun |
20 |
2,101,091,008.32 |
2,089,718,054.40 |
327,502,488.64 |
1,539,825,214.51 |
1,531,351,996.67 |
215,285,480.02 |
4,163,858,019.73 |
27 |
|
28 |
Ondo |
18 |
4,212,537,790.09 |
4,194,676,146.81 |
296,123,299.60 |
1,421,339,131.72 |
1,411,158,520.53 |
184,130,045.68 |
6,086,088,012.62 |
28 |
|
29 |
Osun |
30 |
1,992,774,261.21 |
1,863,942,666.48 |
296,810,619.85 |
1937,029,679.21 |
1,903,078,793.21 |
255,068,964.34 |
4,314,901,043.88 |
29 |
|
30 |
Oyo |
33 |
2,510,654,912.73 |
2,328,640,513.07 |
382,356,030.29 |
2,476,950,879.95 |
2,463,242,102,03 |
332,195,909.56 |
5,506,434,554.95 |
30 |
|
31 |
Plateau |
17 |
2,108,447,767.07 |
2,024,022,877.38 |
282,939,242.99 |
1,417,839,335.86 |
1,425,872,001.79 |
169,579,553.69
|
3,902,413,675.85 |
31 |
|
32 |
Rivers |
23 |
16,342,890,670.57 |
16,387,574,823.14 |
649,298,045.51 |
1,856,593,828.20 |
1,836,915,807.94 |
423,266,976.86 |
19,297,055,653.47 |
32 |
|
33 |
Sokoto |
23 |
2,241,450,576.77 |
2,225,759,927.62 |
300,459,314.23 |
1,779,731,359.60 |
1,786,957,634.49 |
217,880,062.77
|
4,531,056,939.12 |
33 |
|
34 |
Taraba |
16 |
2,123,091,833.36 |
2,108,314,921.81 |
297,764,476.87 |
1,416,698,044.68 |
1,465,517,318.86 |
168,976,384.76 |
4,040,573,102.30 |
34 |
|
35 |
Yobe |
17 |
2,107,100,604.39 |
2,088,347,828.53 |
306,531,097.93 |
1,373,851,739.97 |
1,404,421,247.88 |
180,155,750.72
|
3,979,455,925.06 |
35 |
|
36 |
Zamfara |
14 |
2,113,506,883.00 |
2,039,451,194.85 |
283,948,543.23 |
1,289,801,989.58 |
1,311,584,792.44 |
152,214,400.95 |
3,787,198,931.46 |
36 |
|
37 |
FCT-Abuja |
6 |
0.00 |
0.00 |
0.00 |
548,886,840.26 |
549,820,618.27 |
403,299,036.28 |
953,119,654.54 |
37 |
|
|
State’s total |
774 |
117,834,301,820.11 |
115,078,919,831.08 |
13,434,602,457.24 |
61,595,803,403.20 |
61,595,803,403.20 |
9,404,221,720.06 |
199,513,547,411.58 |
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|
38 |
FGN |
|
157,517,811,809.73 |
153,824,771,537.64 |
4,030,380,737.17 |
0.00 |
0.00 |
0.00 |
157,855,152,274.81 |
38 |
|
39 |
Customs |
|
1,504,454,707.41 |
1,504,454,707.41 |
0.00 |
0.00 |
0.00 |
0.00 |
1,504,454,707.41 |
39 |
|
40 |
Transfer to Excess Crude |
145,515,839,320.34 |
145,515,839,320.34 |
0.00 |
0.00 |
0.00 |
0.00 |
145,515,839,320.34 |
40 |
|
41 |
FIRS |
0.00 |
0.00 |
1,119,550,204.77 |
0.00 |
0.00 |
0.00 |
2,166,235,577.82 |
41 |
|
42 |
Total deduction |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
6,448,422,261.12 |
42 |
|
43 |
Local Government |
|
61,595,803,403.20 |
61,595,803,403.20 |
9,404,221,720.06 |
0.00 |
0.00 |
0.00 |
0.00 |
43 |
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GRAND TOTAL |
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485,014,896,433.84 |
485,014,896,433.84 |
27,988,755,119.24 |
61,595,803,403.20 |
61,595,803,403.20 |
9,404,221,720.06 |
513,003,651,553.08 |
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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
Disbursement of N67.8bn from Excess Crude
Proceeds in May 2008
Disbursement of N311bn in May as
Differential from Jan. to Mar. 2008 |
