Home Financial Facts & Figures Federation Account: How They Share N436.9bn in June 2010

Federation Account: How They Share N436.9bn in June 2010

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The Economic Confidential magazine provides here the distribution of a total sum of N436.9 billion being the Statutory and VAT allocations shared to all tiers of government in June 2010.  From the table of net disbursements, the highest recipients are from the oil producing states with Akwa Ibom receiving N15.5bn, Rivers N14.7bn, Delta N13.5bn, Bayelsa N5.3b. The highest recipients from non-oil –producing states are Lagos N10.5n and Kano N8.5bn.
 
The lowest recipients as revealed in the table below are Gombe N3.2bn, Nasarawa N3.2bn, Ebonyi N3.3bn and Ekiti N3.5bn. The Economic Confidential can also confirm other disbursements in June 2010: Federal N159bn, FCT Councils N1bn, Nigerian Customs Service (NCS) N1.4bn, and Federal Inland Revenue Service (FIRS) N3.2bn. Please check Facts and Figures of this magazine to see the other distribution of N22 billion from the excess crude proceeds to the State governments and Local Government councils.The sharing is one of the two federal allocations at the meeting of the Federation Account Allocation Committee (FAAC) in June, 2010. The allocation from the Excess Crude account for the same month is in the Fact and Figures page or from this link: Disbursements from the Excess Crude Account in June 2010
 
 
BENEFICIAIES
STATE GOVERNMENTS
LOCAL GOVERNMENTS
TOTAL PAID
 
1
S/NO
2
STATES
3
NO OF L/GOVTS
4
GROSS STATUTORY + MIN REVENUE
5
NET STATUTORY + MINERAL REVENUE
6
NET 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
2,531,014,256.02
2,322,698,848.14
414,966,709.13
1,303,127,633.23
1,303,127,633.23
247,469,648.15
4,288,262,838.65
1
2
ADAMAWA
21
2,181,049,099.32
1,697,075,961.34
448,757,777.57
1,676,998,400.28
1,676,998,400.28
305,818,529.12
4,128,650,668.31
2
3
AKWA IBOM
31
12,523,053,660.47
12,145,966,241.45
653,483,205.22
2,211,623,539.68
2,211,623,539.68
523,789,805.59
15,534,862,791.94
3
4
ANAMBRA
21
2,203,028,007.35
2,098,122,158.52
485,850,068.66
1,662,411,624.18
1,662,411,624.18
332,193,731.38
4,578,577,582.74
4
5
BAUCHI
20
2,555,120,330.95
2,407,068,209.13
493,522,572.59
1,922,686,086.87
1,922,686,086.87
329,495,972.85
5,152,772,841.44
5
6
BAYELSA
8
6,009,233,893.16
4,142,860,744.08
375,246,700.31
707,384,897.63
707,384,897.63
136,548,309.49
5,362,040,651.50
6
7
BENUE
23
2,355,212,248.41
2,001,470,620.03
468,756,882.16
1,954,981,449.87
1,954,981,449.87
340,379,009.89
4,765,587,961.96
7
8
BORNO
27
2,598,652,946.92
2,578,774,792.14
475,416,361.60
2,246,810,450.85
2,246,810,450.85
380,785,860.97
5,681,787,465.56
8
9
CROSS RIVER
18
2,047,453,314.31
1,893,273,595.56
431,751,996.52
1,396,236,732.72
1,396,236,732.72
266,965,278.13
3,988,227,602.93
9
10
DELTA
25
11,186,834,031.80
10,772,941,285.36
517,370,209.01
1,845,459,804.76
1,845,459,804.76
387,513,094.73
13,523,284,393.86
10
11
EBONYI
13
1,808,174,284.29
1,724,596,066.52
389,349,927.28
994,723,799.52
994,723,799.52
192,746,150.61
3,301,415,943.93
11
12
EDO
18
2,720,976,301.01
2,506,227,750.40
439,948,326.15
1,397,478,853.50
1,397,478,853.50
273,212,355.06
4,616,867,285.11
12
13
EKITI
16
1,823,920,015.31
1,783,900,236.05
404,785,634.63
1,136,782,281.38
1,136,782,281.38
230,381,517.05
3,555,849,669.11
13
14
ENUGU
17
2,057,819,678.86
1,865,574,353.37
442,213,948.76
1,346,870,938.97
1,346,870,938.97
265,565,451.00
3,920,224,692.08
14
15
GOMBE
11
1,934,431,393.39
1,662,133,912.76
391,545,354.21
982,810,770.27
982,810,770.27
176,452,888.19
3,212,942,925.44
15
16
IMO
27
2,762,304,094.06
2,151,963,914.99
466,441,960.52
1,950,170,410.15
1,950,170,410.15
374,519,886.97
4,943,096,172.63
16
17
JIGAWA
27
2,413,159,168.63
2,075,575,412.38
485,578,886.87
2,046,027,572.92
2,046,027,572.92
387,692,555.81
4,994,874,427.98
17
18
KADUNA
23
2,750,304,817.71
2,352,752,666.47
566,344,463.84
2,194,499,746.94
2,194,499,746.94
406,507,786.20
5,520,104,663.45
18
19
KANO
44
3,446,986,422.65
3,358,291,561.91
809,780,239.95
3,601,480,558.34
3,601,480,558.34
758,830,866.67
8,528,383,226.87
19
20
KATSINA
34
2,621,422,864.28
2,358,269,951.26
542,995,051.39
2,633,067,247.31
2,633,067,247.31
492,185,986.69
6,026,518,236.64
20
21
KEBBI
21
2,192,666,888.54
1,478,706,469.68
438,514,918.74
1,635,592,678.48
1,635,592,678.48
299,929,398.86
3,852,743,465.76
21
22
KOGI
21
2,187,194,179.89
1,892,140,201.02
454,008,592.92
1,695,238,216.13
1,695,238,216.13
309,420,376.49
4,350,807,386.55
22
23
KWARA
16
1,993,121,294.46
1,963,408,020.33
199,861,709.49
1,301,899,930.96
1,301,899,930.96
227,363,449.92
3,692,533,110.71
23
24
LAGOS
20
3,113,738,591.50
2,471,673,861.37
3,628,228,253.21
2,187,647,476.98
2,187,647,476.98
2,235,019,617.04
10,522,569,208.60
24
25
NASSARAWA
13
1,867,454,410.05
1,667,311,496.34
383,209,953.22
1,041,799,201.47
1,041,799,201.47
187,813,828.02
3,280,134,479.06
25
26
NIGER
25
2,550,545,504.43
2,107,098,483.04
466,629,855.34
2,111,163,473.23
2,111,163,473.23
356,360,981.61
5,041,252,793.21
26
27
OGUN
20
2,131,647,793.44
2,110,152,481.95
461,272,051.15
1,562,219,345.95
1,562,219,345.95
306,417,276.85
4,440,061,155.90
27
28
ONDO
18
4,109,675,198.76
3,974,358,684.94
442,311,512.07
1,442,010,085.17
1,442,010,085.17
275,521,591.21
6,134,201,873.39
28
29
OSUN
30
2,021,755,763.98
1,962,210,375.56
438,735,543.19
1,965,200,472.12
1,965,200,472.12
383,296,917.48
4,749,443,308.35
29
30
OYO
33
2,547,168,106.29
2,202,235,961.70
566,114,530.47
2,512,973,905.84
2,512,973,905.84
496,145,689.94
5,777,470,087.95
30
31
PLATEAU
17
2,139,111,543.70
1,827,871,283.91
437,450,777.06
1,438,459,390.75
1,438,459,390.75
262,383,820.46
3,966,165,272.18
31
32
RIVERS
23
11,736,494,631.59
11,497,766,345.64
790,066,359.83
1,883,594,818.85
1,883,594,818.85
537,759,031.52
14,709,186,555.83
32
33
SOKOTO
23
2,274,048,652.42
2,246,603,953.14
446,456,186.31
1,805,614,516.74
1,805,614,516.74
324,869,122.82
4,823,543,779.00
33
34
TARABA
16
2,153,968,582.95
2,142,569,824.97
389,472,697.48
1,437,301,501.43
1,437,301,501.43
220,825,909.45
4,190,169,933.34
34
35
YOBE
17
2,137,744,788.83
2,088,409,684.11
397,062,551.72
1,393,832,070.30
1,393,832,070.30
234,647,092.39
4,113,951,398.52
35
36
ZAMFARA
14
2,144,244,235.84
1,809,946,984.40
427,712,019.49
1,308,559,959.65
1,308,559,959.65
229,340,812.32
3,775,559,775.86
36
37
FCT-ABUJA
6
0.00
0
0.00
556,869,463.18
556,869,463.18
493,680,050.71
1,050,549,513.89
37
38
         STATE’S-TOTAL
774
117,830,730,995.57
107,342,002,393.96
20,071,213,788.07
62,491,609,306.56
62,491,609,306.56
14,189,849,651.65
204,094,675,140.24
38
39
FGN
156,839,169,913.33
153,526,303,161.55
5,675,939,860.66
0.00
0.00
0.00
159,202,243,022.21
39
40
FCT-ABUJA
2,969,469,808.49
2,730,952,620.92
406,424,275.76
0.00
0.00
0
2,136,279,306.60
40
41
Cost of Collection-NCS
1,413,522,600.00
1,413,522,600.00
0.00
0.00
0.00
0.00
1,413,522,500.00
41
42
Transfer to Excess Crude
24,135,960,928.60
24,135,960,928.60
0.00
0.00
0.00
0.00
24,135,960,928.60
42
43
4% Cost of Collection-FIRS VAT
1,603,211,160.49
1,603,211,160.49
1,689,267,815.67
0.00
0.00
0.00
3,292,478,976.17
43
44
TOTAL DEDUCTION
0.00
14,040,112,530.96
200,000,000.00
0.00
0.00
0.00
14,240,112,530.96
44
45
Duplicated VAT Remittance
0.00
0
0.00
0
0
0.00
0.00
45
46
Transfer from Excess Domestic to Sub
27,481,435,291.19
27,481,435,291.19
0.00
0.00
0.00
0.00
27,481,435,291.19
46
47
Transfer to Excess Revenue
0.00
0
0.00
0
0
0.00
0.00
47
48
Local Government
62,491,609,306.56
62,491,609,306.56
14,189,849,651.65
0.00
0.00
0.00
0.00
48
 
GRAND TOTAL
394,765,109,904.23
394,765,109,904.23
42,231,695,391.81
62,491,609,306.56
62,491,609,306.56
14,189,849,651.65
436,996,805,296.04
0.00
This table is provided by the Economic Confidential (www.economiconfidential). Other tables in Facts and Figures page of this magazine.