|
Economic Confidential,
February, 2009
FACTS AND FIGURES
Federation Account:
How They Shared N396bn and N91bn in January 2009
Gross summary of Statutory Revenue and VAT Allocations to 3tiers of
Government,
NCS and FIRS at the Federation Account Allocation Committee Meeting
of January 2009
As
part of the two allocations in January 2009, the Economic
Confidential magazine provides here the distribution of a total
sum of N396 billion being the statutory and VAT allocations shared
to all tiers of government at the 2009 January meeting of the
monthly Federation Account Allocation Committee (FAAC). 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 N17.7bn,
Akwa Ibom N112.6bn, Delta N9.1bn and Bayelsa N7.9bn. The highest
recipients from non-oil –producing states are Lagos N8.5bn and Kano
N7.3bn.
The
lowest recipients as revealed in the table below are Gombe N2.97bn,
Nasarawa N2.98bn, Ebonyi N2.99bn and Ekiti N3bn. The Economic
Confidential can also confirm other disbursements in January
2009: Federal N146bn, FCT Councils N825 million, Nigerian Customs
Service (NCS) N1.2bn, and Federal Inland Revenue Service (FIRS)
N2.3bn. Please check Facts and Figures of this magazine to see the
second allocation from Excess Crude Account.
|
S/NO |
STATES |
NO OF L/GOVTS |
GROSS STATUTORY REVENUE |
NET STATUTORY REVENUE |
VAT SHARED |
GROSS STATUTORY REVENUE |
NET STATUTORY REVENUE |
NET VAT TO L/GOVT |
TOTAL PAID (5+6+8+9) |
S/NO |
|
|
|
|
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
|
|
1 |
ABIA |
17 |
2,182,306,086.20 |
2,168,070,273.00 |
315,675,941.52 |
1,195,262,077.72 |
1,195,262,077.72 |
188,483,320.32 |
3,867,491,612.55 |
1 |
|
2 |
ADAMAWA |
21 |
2,000,514,156.54 |
1,579,226,458.02 |
320,403,018.82 |
1,538,185,931.40 |
1,538,185,931.40 |
219,729,775.89 |
3,657,545,184.12 |
2 |
|
3 |
AKWA IBOM |
31 |
10,115,012,415.27 |
9,960,247,950.87 |
344,840,897.75 |
2,028,557,817.18 |
2,028,557,817.18 |
305,478,947.71 |
12,639,125,613.51 |
3 |
|
4 |
ANAMBRA |
21 |
2,020,673,774.53 |
1,960,712,142.03 |
368,829,446.55 |
1,524,806,566.35 |
1,524,806,566.35 |
252,199,169.35 |
4,106,547,324.28 |
4 |
|
5 |
BAUCHI |
20 |
2,343,621,881.47 |
1,443,918,372.03 |
378,985,564.78 |
1,763,536,977.03 |
1,763,536,977.03 |
252,730,334.99 |
3,839,171,248.83 |
5 |
|
6 |
BAYELSA |
8 |
7,027,762,915.96 |
6,931,162,016.89 |
274,033,561.68 |
648,831,565.63 |
648,831,565.63 |
98,034,060.01 |
7,952,061,204.21 |
6 |
|
7 |
BENUE |
23 |
2,160,261,062.48 |
2,062,403,799.86 |
363,588,210.13 |
1,793,159,112.03 |
1,793,159,112.03 |
262,793,577.69 |
4,481,944,699.71 |
7 |
|
8 |
BORNO |
27 |
2,383,551,113.02 |
2,214,567,279.43 |
350,460,649.52 |
2,060,832,154.30 |
2,060,832,154.30 |
282,001,135.56 |
4,907,861,218.82 |
8 |
|
9 |
CROSS RIVER |
18 |
2,586,696,303.70 |
2,181,015,632.14 |
325,290,090.35 |
1,280,664,131.11 |
1,280,664,131.11 |
201,459,470.19 |
3,988,429,323.79 |
9 |
|
10 |
DELTA |
25 |
6,890,645,351.12 |
6,837,766,841.65 |
366,785,938.40 |
1,692,703,050.98 |
1,692,703,050.98 |
278,247,677.99 |
9,175,503,509.02 |
10 |
|
11 |
EBONYI |
13 |
1,658,503,815.60 |
1,618,204,609.67 |
309,721,622.56 |
912,386,173.88 |
912,386,173.88 |
155,696,708.43 |
2,996,009,114.54 |
11 |
|
12 |
EDO |
18 |
1,970,340,159.29 |
1,921,029,930.14 |
337,625,788.16 |
1,281,803,436.13 |
1,281,803,436.13 |
209,899,994.67 |
3,750,359,149.10 |
12 |
|
13 |
EKITI |
16 |
1,672,946,203.81 |
1,514,703,289.63 |
317,636,717.01 |
1,042,685,855.86 |
1,042,685,855.86 |
181,748,097.05 |
3,056,773,959.55 |
13 |
|
14 |
ENUGU |
17 |
1,887,484,972.46 |
1,862,528,374.62 |
357,879,922.04 |
1,235,384,559.33 |
1,235,384,559.33 |
215,682,493.74 |
3,671,475,349.72 |
14 |
|
15 |
GOMBE |
11 |
1,774,310,073.33 |
1,630,664,129.46 |
301,861,948.50 |
901,459,238.01 |
901,459,238.01 |
137,491,660.17 |
2,971,476,976.14 |
15 |
|
16 |
IMO |
27 |
2,569,403,185.86 |
2,192,867,471.65 |
346,559,517.99 |
1,788,746,303.04 |
1,788,746,303.04 |
279,064,355.58 |
4,607,237,648.27 |
16 |
|
17 |
JIGAWA |
27 |
2,213,411,463.47 |
1,841,714,193.58 |
374,736,810.05 |
1,876,668,950.54 |
1,876,668,950.54 |
297,536,576.10 |
4,390,656,530.27 |
17 |
|
18 |
KADUNA |
23 |
2,522,650,097.31 |
2,304,716,132.49 |
432,613,135.19 |
2,012,851,435.42 |
2,012,851,435.42 |
310,033,237.99 |
5,060,213,941.09 |
18 |
|
19 |
KANO |
44 |
3,161,664,328.45 |
2,889,272,399.34 |
619,512,332.72 |
3,303,370,310.97 |
3,303,370,310.97 |
578,384,782.17 |
7,390,539,825.20 |
19 |
|
20 |
KATSINA |
34 |
2,404,436,265.06 |
2,364,171,523.53 |
437,351,517.61 |
2,415,116,791.73 |
2,415,116,791.73 |
387,989,356.82 |
5,604,629,189.69 |
20 |
|
21 |
KEBBI |
21 |
2,011,170,290.70 |
1,485,735,793.58 |
339,225,838.75 |
1,500,207,541.71 |
1,500,207,541.71 |
231,578,397.90 |
3,556,747,571.94 |
21 |
|
22 |
KOGI |
21 |
2,006,150,582.00 |
1,665,408,307.79 |
323,234,782.78 |
1,554,915,958.16 |
1,554,915,958.16 |
221,750,328.94 |
3,765,309,377.67 |
22 |
|
23 |
KWARA |
16 |
1,828,141,955.41 |
1,791,306,273.28 |
306,940,765.83 |
1,194,135,997.72 |
1,194,135,997.72 |
175,079,486.88 |
3,467,462,523.70 |
23 |
|
24 |
LAGOS |
20 |
2,856,000,873.16 |
2,159,799,121.74 |
2,694,547,112.24 |
2,006,566,357.71 |
2,006,566,357.71 |
1,700,055,049.18 |
8,560,967,640.87 |
24 |
|
25 |
NASSARAWA |
13 |
1,712,877,066.90 |
1,613,582,479.17 |
282,080,211.01 |
955,564,939.58 |
955,564,939.58 |
137,803,975.86 |
2,989,031,605.62 |
25 |
|
26 |
NIGER |
25 |
2,339,425,733.29 |
2,126,097,301.48 |
350,243,818.61 |
1,936,413,268.40 |
1,936,413,268.40 |
267,629,184.09 |
4,680,383,572.58 |
26 |
|
27 |
OGUN |
20 |
1,955,202,012.13 |
1,910,017,812.55 |
358,650,411.25 |
1,432,907,639.80 |
1,432,907,639.80 |
237,920,769.55 |
3,939,496,633.14 |
27 |
|
28 |
ONDO |
18 |
3,907,178,173.35 |
3,842,119,456.82 |
340,327,409.51 |
1,322,648,623.62 |
1,322,648,623.62 |
212,107,688.13 |
5,717,203,178.08 |
28 |
|
29 |
OSUN |
30 |
1,854,406,225.05 |
1,806,017,829.82 |
331,393,849.09 |
1,802,532,261.26 |
1,802,532,261.26 |
289,070,651.07 |
4,229,014,591.24 |
29 |
|
30 |
OYO |
33 |
2,336,327,897.12 |
2,174,129,916.11 |
447,113,428.04 |
2,304,964,099.71 |
2,304,964,099.71 |
386,688,572.84 |
5,312,896,016.71 |
30 |
|
31 |
PLATEAU |
17 |
1,962,047,955.23 |
1,375,852,643.45 |
322,280,107.27 |
1,319,391,835.66 |
1,319,391,835.66 |
193,403,787.62 |
3,210,928,373.99 |
31 |
|
32 |
RIVERS |
23 |
15,126,264,336.90 |
15,111,856,032.60 |
545,124,451.70 |
1,727,681,463.69 |
1,727,681,463.69 |
377,749,473.83 |
17,762,411,421.81 |
32 |
|
33 |
SOKOTO |
23 |
2,085,815,731.17 |
1,756,565,985.39 |
409,233,933.80 |
1,656,155,931.16 |
1,656,155,931.16 |
289,872,961.84 |
4,111,828,812.19 |
33 |
|
34 |
TARABA |
16 |
1,975,675,212.58 |
1,438,492,813.06 |
299,286,107.05 |
1,318,329,789.88 |
1,318,329,789.88 |
170,161,612.89 |
3,226,270,322.88 |
34 |
|
35 |
YOBE |
17 |
1,960,794,332.63 |
1,852,014,679.83 |
290,535,466.11 |
1,278,458,513.08 |
1,278,458,513.08 |
171,660,234.43 |
3,592,668,893.45 |
35 |
|
36 |
ZAMFARA |
14 |
1,966,755,792.07 |
1,748,661,162.85 |
327,870,824.99 |
1,200,244,746.79 |
1,200,244,746.79 |
176,429,526.46 |
3,453,206,261.10 |
36 |
|
37 |
FCT-ABUJA |
6 |
0.00 |
0.00 |
0.00 |
510,774,949.90 |
510,774,949.90 |
315,090,370.59 |
825,865,320.49 |
37 |
|
38 |
STATE'S-TOTAL |
774 |
109,430,429,794.58 |
101,336,620,429.51 |
15,212,481,149.35 |
57,318,906,356.48 |
57,318,906,356.48 |
10,648,736,804.55 |
184,516,744,739.88 |
38 |
|
39 |
FGN |
|
146,580,581,886.37 |
141,465,572,787.04 |
4,563,744,344.81 |
|
|
|
146,029,317,131.84 |
39 |
|
40 |
FCT-ABUJA |
|
|
|
|
|
|
|
|
40 |
|
41 |
Cost of Collection - NCS |
|
1,227,128,580.87 |
1,227,128,580.87 |
0.00 |
0.00 |
0.00 |
0.00 |
1,227,128,580.87 |
41 |
|
42 |
Transfer to Excess Crude Acct |
|
49,043,724,437.38 |
49,043,724,437.38 |
0.00 |
0.00 |
0.00 |
0.00 |
49,043,724,437.38 |
42 |
|
43 |
Cost of Collection - FIRS |
|
1,131,622,813.95 |
1,131,622,813.95 |
1,267,706,762.45 |
0.00 |
0.00 |
0.00 |
2,399,329,576.39 |
43 |
|
44 |
|
|
|
|
|
|
|
|
|
44 |
|
45 |
TOTAL DEDUCTION |
|
0.00 |
13,351,195,967.13 |
0.00 |
0.00 |
0.00 |
0.00 |
13,351,195,967.13 |
45 |
|
46 |
Local Government |
|
57,318,906,356.48 |
57,318,906,356.48 |
10,648,736,804.55 |
0.00 |
0.00 |
0.00 |
0.00 |
46 |
|
49 |
|
|
|
|
|
|
|
|
|
49 |
|
|
GRAND TOTAL |
|
364,732,393,869.62 |
364,732,393,869.62 |
31,692,669,061.15 |
57,318,906,356.48 |
57,318,906,356.48 |
10,648,736,804.55 |
396,425,062,930.77 |
###### |
This
table is provided by the Economic Confidential (www.economiconfidential)
Other tables in other pages of the magazine.
EXCESS CRUDE ACCOUNT:
JANUARY 2009 BONUS OF N91BILLION AS AUGMENTATION TO 3 TIERS
The
Economic Confidential has gathered that a sum of
N91.65 billion was taken from the Domestic Excess Crude Account to
augment the budgetary shortfall at the meeting of the Federation
Account Allocation in January 2009. The essence of augmentation is
to enable the three tiers of government to continue with their
projects despite price fluctuations or reduction in the volume of
production. The amount of money that is allocated to each state is
standardized. The highest recipients in the second disbursement (for
Augmentation) during the meeting of the Federation Account in
January 2009 are Rivers State N5bn, Akwa Ibom N3.9bn, Delta N2.7bn,
Bayelsa N2.4bn and Ondo N1.6bn. Other recipients are Lagos which
receives N1.3bn, Kano N1.8bn, Katsina N1.38bn and Oyo State gets
N1.3bn.
While the Federal Government receives N42bn other states like Ekiti
gets N778mn, Nasarawa N764mn, Gombe N766mn, Ebonyi N736mn and Area
Council in FCT N146mn
|
S/NO |
STATES |
FED. & STATES ALLOCATION |
MINERAL REVENUE |
TOTAL (3+4) |
DEDUCTION |
STATE NET |
LG NET ALLOCATION |
TOTAL |
S/NO |
|
1 |
ABIA |
513,524,067.06 |
132,560,494.95 |
646,084,562.01 |
- |
646,084,562.01 |
342,523,594.24 |
988,608,156.26 |
1 |
|
2 |
ADAMAWA |
573,282,890.85 |
- |
573,282,890.85 |
- |
573,282,890.85 |
440,794,520.01 |
1,014,077,410.86 |
2 |
|
3 |
AKWA IBOM |
579,966,075.91 |
2,747,891,440.18 |
3,327,857,516.10 |
- |
3,327,857,516.10 |
581,319,300.28 |
3,909,176,816.38 |
3 |
|
4 |
ANAMBRA |
579,059,987.72 |
- |
579,059,987.72 |
- |
579,059,987.72 |
436,960,425.14 |
1,016,020,412.86 |
4 |
|
5 |
BAUCHI |
671,606,508.19 |
- |
671,606,508.19 |
- |
671,606,508.19 |
505,372,867.77 |
1,176,979,375.96 |
5 |
|
6 |
BAYELSA |
459,916,737.64 |
1,841,685,027.48 |
2,301,601,765.13 |
- |
2,301,601,765.13 |
185,934,218.16 |
2,487,535,983.29 |
6 |
|
7 |
BENUE |
619,061,206.26 |
- |
619,061,206.26 |
- |
619,061,206.26 |
513,861,617.09 |
1,132,922,823.35 |
7 |
|
8 |
BORNO |
683,048,939.24 |
- |
683,048,939.24 |
- |
683,048,939.24 |
590,568,085.26 |
1,273,617,024.50 |
8 |
|
9 |
CROSS RIVER |
538,167,598.00 |
240,692,379.99 |
778,859,977.99 |
- |
778,859,977.99 |
366,997,070.67 |
1,145,857,048.66 |
9 |
|
10 |
DELTA |
579,622,186.94 |
1,653,253,001.75 |
2,232,875,188.69 |
- |
2,232,875,188.69 |
485,074,147.18 |
2,717,949,335.87 |
10 |
|
11 |
EBONYI |
475,273,748.39 |
- |
475,273,748.39 |
- |
475,273,748.39 |
261,460,475.86 |
736,734,224.25 |
11 |
|
12 |
EDO |
540,977,093.23 |
28,038,522.30 |
569,015,615.53 |
- |
569,015,615.53 |
367,323,558.78 |
936,339,174.31 |
12 |
|
13 |
EKITI |
479,412,471.45 |
- |
479,412,471.45 |
- |
479,412,471.45 |
298,800,165.82 |
778,212,637.26 |
13 |
|
14 |
ENUGU |
540,892,369.05 |
- |
540,892,369.05 |
- |
540,892,369.05 |
354,021,404.53 |
894,913,773.58 |
14 |
|
15 |
GOMBE |
508,460,090.01 |
- |
508,460,090.01 |
- |
508,460,090.01 |
258,329,168.16 |
766,789,258.16 |
15 |
|
16 |
IMO |
577,464,099.15 |
188,248,487.35 |
765,712,586.50 |
- |
765,712,586.50 |
512,597,048.24 |
1,278,309,634.73 |
16 |
|
17 |
JIGAWA |
634,292,398.41 |
- |
634,292,398.41 |
- |
634,292,398.41 |
537,792,845.71 |
1,172,085,244.12 |
17 |
|
18 |
KADUNA |
722,910,225.68 |
- |
722,910,225.68 |
- |
722,910,225.68 |
576,818,357.41 |
1,299,728,583.09 |
18 |
|
19 |
KANO |
906,031,112.14 |
- |
906,031,112.14 |
- |
906,031,112.14 |
946,639,480.27 |
1,852,670,592.41 |
19 |
|
20 |
KATSINA |
689,033,950.79 |
- |
689,033,950.79 |
- |
689,033,950.79 |
692,094,645.55 |
1,381,128,596.34 |
20 |
|
21 |
KEBBI |
576,336,595.50 |
- |
576,336,595.50 |
- |
576,336,595.50 |
429,911,137.38 |
1,006,247,732.88 |
21 |
|
22 |
KOGI |
574,898,108.75 |
- |
574,898,108.75 |
- |
574,898,108.75 |
445,588,806.56 |
1,020,486,915.31 |
22 |
|
23 |
KWARA |
523,886,572.68 |
- |
523,886,572.68 |
- |
523,886,572.68 |
342,200,896.00 |
866,087,468.69 |
23 |
|
24 |
LAGOS |
818,437,815.84 |
- |
818,437,815.84 |
- |
818,437,815.84 |
575,017,256.67 |
1,393,455,072.51 |
24 |
|
25 |
NASSARAWA |
490,855,370.04 |
- |
490,855,370.04 |
- |
490,855,370.04 |
273,834,118.68 |
764,689,488.71 |
25 |
|
26 |
NIGER |
670,404,027.34 |
- |
670,404,027.34 |
- |
670,404,027.34 |
554,913,641.95 |
1,225,317,669.30 |
26 |
|
27 |
OGUN |
560,297,890.44 |
- |
560,297,890.44 |
- |
560,297,890.44 |
410,625,154.23 |
970,923,044.66 |
27 |
|
28 |
ONDO |
537,332,616.24 |
690,138,430.49 |
1,227,471,046.72 |
- |
1,227,471,046.72 |
379,028,473.28 |
1,606,499,520.00 |
28 |
|
29 |
OSUN |
531,413,066.00 |
- |
531,413,066.00 |
- |
531,413,066.00 |
516,547,659.61 |
1,047,960,725.61 |
29 |
|
30 |
OYO |
669,516,287.32 |
- |
669,516,287.32 |
- |
669,516,287.32 |
660,528,433.68 |
1,330,044,721.01 |
30 |
|
31 |
PLATEAU |
562,259,717.12 |
- |
562,259,717.12 |
- |
562,259,717.12 |
378,095,182.80 |
940,354,899.92 |
31 |
|
32 |
RIVERS |
628,591,361.74 |
4,392,165,189.32 |
5,020,756,551.06 |
- |
5,020,756,551.06 |
495,097,833.09 |
5,515,854,384.15 |
32 |
|
33 |
SOKOTO |
597,727,573.30 |
- |
597,727,573.30 |
- |
597,727,573.30 |
474,600,920.37 |
1,072,328,493.67 |
33 |
|
34 |
TARABA |
566,164,849.94 |
- |
566,164,849.94 |
- |
566,164,849.94 |
377,790,834.70 |
943,955,684.64 |
34 |
|
35 |
YOBE |
561,900,469.28 |
- |
561,900,469.28 |
- |
561,900,469.28 |
366,365,011.62 |
928,265,480.90 |
35 |
|
36 |
ZAMFARA |
563,608,831.45 |
- |
563,608,831.45 |
- |
563,608,831.45 |
343,951,466.63 |
907,560,298.09 |
36 |
|
37 |
FCT-ABUJA |
- |
- |
- |
- |
- |
146,371,640.96 |
146,371,640.96 |
37 |
|
|
SUB TOTAL |
21,305,634,909.10 |
- |
33,220,307,882.91 |
- |
33,220,307,882.91 |
16,425,751,464.35 |
49,646,059,347.27 |
|
|
|
FGN |
42,005,271,220.49 |
- |
42,005,271,220.49 |
- |
|
|
42,005,271,220.49 |
|
|
|
GRAND TOTAL |
|
|
|
|
|
|
91,651,330,567.76 |
|
This
table is provided by the Economic Confidential (www.economiconfidential)
Other tables in other pages of the magazine.
|
