The Sharing of N266bn Statutory VAT Allocation
Gross summary of Statutory Revenue and VAT
As part of the two federal allocations, the Economic Confidential magazine provides here the distribution of a total sum of N266 billion being the statutory and VAT allocations shared to all tiers of government at November 2009 meeting of the monthly Federation Account Allocation Committee (FAAC). Other allocations are in Fact and Figures pages.
|
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 |
1,166,647,554.03 |
1,141,816,961.20 |
422,254,144.50 |
665,076,723.17 |
665,076,723.17 |
250,751,063.47 |
2,479,898,892.34 |
1 |
|
2 |
ADAMAWA |
21 |
1,113,141,146.78 |
1,102,582,270.42 |
437,143,222.67 |
855,888,995.36 |
855,888,995.36 |
296,974,073.88 |
2,692,588,562.33 |
2 |
|
3 |
AKWA IBOM |
31 |
4,155,773,064.86 |
4,071,782,825.70 |
623,718,711.10 |
1,128,745,411.55 |
1,128,745,411.55 |
494,804,676.81 |
6,319,051,625.16 |
3 |
|
4 |
ANAMBRA |
21 |
1,124,358,513.19 |
1,074,660,614.24 |
465,822,411.50 |
848,444,348.34 |
848,444,348.34 |
318,926,979.40 |
2,707,854,353.48 |
4 |
|
5 |
BAUCHI |
20 |
1,304,055,729.99 |
1,039,534,592.76 |
481,737,144.20 |
981,280,520.60 |
981,280,520.60 |
321,528,425.32 |
2,824,080,682.89 |
5 |
|
6 |
BAYELSA |
8 |
2,143,895,609.48 |
1,623,700,623.28 |
360,988,165.50 |
361,027,744.13 |
361,027,744.13 |
129,103,073.85 |
2,474,892,606.76 |
6 |
|
7 |
BENUE |
23 |
1,202,028,722.75 |
1,191,124,613.25 |
497,569,188.63 |
997,763,091.66 |
997,763,091.66 |
354,730,658.21 |
3,041,187,552.06 |
7 |
|
8 |
BORNO |
27 |
1,326,273,453.60 |
1,314,077,877.66 |
463,932,568.88 |
1,146,703,741.17 |
1,146,703,741.17 |
371,657,937.67 |
3,296,372,125.38 |
8 |
|
9 |
CROSS RIVER |
18 |
1,044,957,920.02 |
618,953,817.50 |
416,347,562.27 |
712,596,776.63 |
712,596,776.63 |
256,799,930.85 |
2,004,698,087.25 |
9 |
|
10 |
DELTA |
25 |
3,763,083,795.54 |
3,426,524,795.95 |
548,358,251.33 |
941,866,574.24 |
941,866,574.24 |
400,139,491.58 |
5,316,883,113.10 |
10 |
|
11 |
EBONYI |
13 |
922,837,178.23 |
901,371,136.41 |
408,212,997.32 |
507,676,783.28 |
507,676,783.28 |
203,047,455.90 |
2,020,308,372.92 |
11 |
|
12 |
EDO |
18 |
1,245,066,727.30 |
1,125,944,573.38 |
435,569,377.44 |
713,230,717.31 |
713,230,717.31 |
269,420,747.56 |
1,544,165,415.68 |
12 |
|
13 |
EKITI |
16 |
930,873,320.60 |
908,060,387.91 |
406,837,680.95 |
580,179,113.22 |
580,179,113.22 |
230,525,749.30 |
2,125,602,931.38 |
13 |
|
14 |
ENUGU |
17 |
1,050,248,597.30 |
1,019,190,642.61 |
422,289,818.29 |
687,401,976.43 |
687,401,976.43 |
254,300,429.90 |
2,382,182,867.23 |
14 |
|
15 |
GOMBE |
11 |
987,274,967.95 |
977,642,575.18 |
401,019,051.52 |
501,596,735.37 |
501,596,735.37 |
182,151,031.33 |
2,062,409,393.40 |
15 |
|
16 |
IMO |
27 |
1,287,284,632.26 |
908,452,152.00 |
453,683,057.29 |
995,307,683.56 |
995,307,683.56 |
364,685,198.13 |
2,722,128,090.99 |
16 |
|
17 |
JIGAWA |
27 |
1,231,603,068.99 |
1,206,326,787.91 |
474,591,793.73 |
1,044,230,264.96 |
1,044,230,264.96 |
378,745,162.40 |
3,103,894,009.00 |
17 |
|
€18 |
KADUNA |
23 |
1,403,671,957.57 |
1,322,231,334.26 |
570,443,932.52 |
1,120,005,948.37 |
1,120,005,948.37 |
721,897,149.95 |
3,418,837,799.16 |
18 |
|
19 |
KANO |
44 |
1,759,237,066.54 |
1,680,133,232.04 |
763,606,097.68 |
1,838,086,176.09 |
1,838,086,176.09 |
489,242,755.72 |
5,003,722,655.76 |
19 |
|
20 |
KATSINA |
34 |
1,337,894,527.12 |
1,278,096,133.14 |
544,806,690.24 |
1,343,837,466.17 |
1,343,837,466.17 |
|
3,655,983,045.26 |
20 |
|
21 |
KEBBI |
21 |
1,119,070,513.17 |
1,089,944,816.54 |
434,402,834.94 |
834,756,773.87 |
834,756,773.87 |
295,876,838.82 |
2,654,981,264.18 |
21 |
|
22 |
KOGI |
21 |
1,116,277,409.07 |
1,076,156,377.18 |
432,419,294.28 |
865,198,042.80 |
865,198,042.80 |
|
2,668,789,486.61 |
22 |
|
23 |
KWARA |
16 |
1,017,228,509.02 |
960,223,033.40 |
196,979,461.14 |
664,450,141.26 |
664,450,141.26 |
|
2,046,636,627.34 |
23 |
|
24 |
LAGOS |
20 |
1,589,157,505.72 |
1,047,330,867.32 |
3,469,614,545.62 |
1,116,508,758.12 |
1,116,508,758.12 |
2,003,480,159.29 |
7,636,934,330.35 |
24 |
|
25 |
NASSARAWA |
13 |
953,091,952.04 |
905,452,893.51 |
366,265,944.64 |
531,702,637.14 |
531,702,637.14 |
177,946,897.80 |
1,981,368,373.09 |
25 |
|
26 |
NIGER |
25 |
1,301,720,877.63 |
1,096,456,693.13 |
466,769,597.46 |
1,077,473,648.06 |
1,077,473,648.06 |
354,041,842.43 |
2,994,741,781.08 |
26 |
|
27 |
OGUN |
20 |
1,087,928,222.28 |
1,031,820,980.37 |
453,240,312.01 |
797,309,255.81 |
797,309,255.81 |
300,247,661.97 |
2,582,618,210.17 |
27 |
|
28 |
ONDO |
18 |
1,649,879,354.77 |
1,618,105,812.26 |
430,885,834.44 |
735,958,104.01 |
735,958,104.01 |
268,155,957.70 |
3,053,105,708.42 |
28 |
|
29 |
OSUN |
30 |
1,031,842,671.65 |
995,662,298.92 |
438,578,405.19 |
1,002,978,507.21 |
1,002,978,507.21 |
380,239,763.79 |
2,817,459,038.11 |
29 |
|
30 |
OYO |
33 |
1,299,997,156.31 |
1,122,714,765.23 |
577,172,264.73 |
1,282,545,476.05 |
1,282,545,476.05 |
496,984,607.41 |
3,479,417,113.43 |
30 |
|
31 |
PLATEAU |
17 |
1,091,737,493.48 |
995,254,543.35 |
455,062,202.23 |
734,145,937.53 |
734,145,937.53 |
270,992,964.72 |
2,455,455,647.84 |
31 |
|
32 |
RIVERS |
23 |
3,964,873,845.96 |
3,935,522,746.89 |
727,554,916.46 |
961,329,525.95 |
961,329,525.95 |
487,960,320.78 |
6,112,367,510.08 |
32 |
|
33 |
SOKOTO |
23 |
1,160,605,291.09 |
1,141,313,308.45 |
440,570,028.42 |
921,530,750.70 |
921,530,750.70 |
320,021,352.52 |
2,823,432,440.09 |
33 |
|
34 |
TARABA |
16 |
1,099,320,074.60 |
1,088,472,745.42 |
381,351,731.45 |
733,554,986.03 |
733,554,986.03 |
215,902,822.51 |
2,419,282,285.41 |
34 |
|
35 |
YOBE |
17 |
1,091,039,943.36 |
1,064,947,118.49 |
393,128,411.71 |
711,369,510.04 |
711,369,510.04 |
231,547,743.19 |
2,400,992,782.43 |
35 |
|
36 |
ZAMFARA |
14 |
1,094,357,063.50 |
1,083,477,001.80 |
426,134,634.92 |
667,849,217.41 |
667,849,217.41 |
228,465,127.51 |
2,405,925,981.64 |
36 |
|
37 |
FCT-ABUJA |
6 |
0.00 |
0.00 |
0.00 |
284,209,242.72 |
284,209,242.72 |
675,894,001.43 |
960,103,244.15 |
37 |
|
38 |
STATE’S-TOTAL |
774 |
52,168,335,437.75 |
48,185,063,949.05 |
19,689,066,287.21 |
31,893,817,369.64 |
31,893,817,369.64 |
13,922,346,401.05 |
113,690,294,006.96 |
38 |
|
39 |
FGN |
|
81,561,470,826.82 |
78,638,609,992.10 |
5,966,719,886.16 |
0.00 |
0.00 |
0.00 |
84,605,329,878.26 |
39 |
|
40 |
FCT-ABUJA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
40 |
|
41 |
Less:Cost of Collection-NCS |
|
2,012,528,072.08 |
2,012,528,072.08 |
0.00 |
0.00 |
0.00 |
0.00 |
2,012,528,072.08 |
41 |
|
42 |
Transfer to Excess Crude Acct |
|
55,440,010,141.25 |
55,440,010,141.25 |
0.00 |
0.00 |
0.00 |
0.00 |
55,440,010,141.25 |
42 |
|
43 |
Less: 4%Cost of Collection – FIRS VAT |
|
2,325,602,601.61 |
2,325,602,601.61 |
1,657,422,190.60 |
0.00 |
0.00 |
0.00 |
3,983,024,792.21 |
43 |
|
44 |
|
|
|
|
|
|
|
|
6,906,132,323.42 |
44 |
|
45 |
TOTAL DEDUCTION |
|
0.00 |
6,906,132,323.42 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
45 |
|
46 |
Local Government |
|
31,893,817,369.64 |
31,893,817,369.64
|
13,922,346,401.05 |
0.00 |
0.00 |
0.00 |
200,000,000.00 |
46 |
|
49 |
Less: FIRS Stamp Duty Refunds |
|
0.00 |
0.00 |
200,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
49 |
|
|
GRAND TOTAL |
|
225,401,764,449.16 |
225,401,764,449.16 |
41,435,554,765.03 |
31,893,817,369.64 |
31,893,817,369.64 |
13,922,346,401.05 |
266,837,319,214.19 |
|
This table is provided by the Economic Confidential (www.economiconfidential) Other tables in other pages of the magazine.
