FAAC: How States Shared N490bn in November 2010
The Economic Confidential magazine provides here the distribution of a total sum of N490 billion being the Statutory and VAT allocations shared to all tiers of government in Nigeria at the monthly meeting of the Federation Account Allocation Committee (FAAC) held in November 2010.
From the total disbursement of nets after deductions, the highest recipients are from the oil producing states with Akwa Ibom receiving N14.3bn, Rivers receiving N14.2bn, Delta N11.7bn and Bayelsa N11.5bn. The highest recipients from non-oil –producing states are Lagos N10.3bn and Kano N8.8bn.
The lowest recipients as revealed in the table below are Gombe N3.5bn, Nasarawa N3.5bn, Ebonyi N2.9bn and Ekiti N3.7bn. The Economic Confidential can also confirm other disbursements in November 2010: Federal government N171bn, Ministry of FCT N3.2 billion, FCT Area Councils, Nigerian Customs Service (NCS) N2.1bn, and Federal Inland Revenue Service (FIRS) N3.6bn. Please check Facts and Figures of this magazine to see the second allocation on the disbursement of derivations which forms parts of the gross allocation to oil producing states and deductions.
|
1 S/ |
2 STATES |
3 NO OF L/GOV |
4 GROSS STATUTORY REVENUE |
5 STATE NET STATUTORY REVENUE |
6 STATE VAT SHARED |
7 LG GROSS STATUTORY REVENUE |
8 LG NET STATUTORY REVENUE |
9 LG NET VAT TO L/GOVT |
10 TOTAL PAID (5+6+8+9) |
|
|
|
|
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
|
1 |
ABIA |
17 |
2,555,022,643.45 |
2,506,987,812.99 |
390,575,204.20 |
1,408,450,429.08 |
1,353,365,157.76 |
232,971,349.16 |
4,483,899,524.11 |
|
2 |
ADAMAWA |
21 |
2,357,328,216.70 |
2,347,716,422.47 |
412,816,157.20 |
1,812,538,585.03 |
1,744,492,073.40 |
282,346,529.96 |
4,787,371,183.02 |
|
3 |
AKWA IBOM |
31 |
10,685,296,320.90 |
10,867,325,226.67 |
669,208,406.30 |
2,390,373,777.67 |
2,289,924,165.26 |
528,105,729.39 |
14,354,565,526.62 |
|
4 |
ANAMBRA |
21 |
2,381,083,527.89 |
2,361,471,891.81 |
464,098,996.23 |
1,796,772,860.67 |
1,728,726,349.04 |
317,124,188.40 |
4,871,421,431.49 |
|
5 |
BAUCHI |
20 |
2,761,633,039.39 |
2,588,261,817.50 |
465,101,439.13 |
2,078,083,508.46 |
2,013,277,306.91 |
310,659,493.02 |
5,377,300,056.56 |
|
6 |
BAYELSA |
8 |
12,266,505,395.49 |
10,312,785,214.15 |
356,051,861.97 |
764,557,927.54 |
738,635,446.92 |
130,058,840.33 |
11,537,531,36.37 |
|
7 |
BENUE |
23 |
2,545,567,768.85 |
2,159,177,660.69 |
456,991,768.88 |
2,112,989,082.34 |
2,038,461,950.55 |
330,238,140.77 |
4,984,869,520.90 |
|
8 |
BORNO |
27 |
2,808,684,095.69 |
2,788,805,940.91 |
446,085,747.78 |
2,428,404,603.56 |
2,340,916,231.46 |
357,999,529.01 |
5,933,807,449.17 |
|
9 |
CROSS RIVER |
18 |
2,500,231,151.91 |
2,400,231,151.91 |
393,727,262.01 |
1,509,084,893.25 |
1,450,759,311.86 |
243,747,117.55 |
4,488,464,843.32 |
|
10 |
DELTA |
25 |
9,624,370,613.19 |
8,899,577,649.32 |
517,691,630.93 |
1,994,615,559.97 |
1,913,607,808.03 |
384,216,160.64 |
11,715,093,248.92 |
|
11 |
EBONYI |
13 |
1,954,316,508.70 |
1,376,337,691.93 |
377,793,884.86 |
1,075,120,446.01 |
1,032,996,415.00 |
188,257,391.13 |
2,975,385,382.92 |
|
12 |
EDO |
18 |
2,524,615,587.53 |
2,252,653,500.56 |
443,303,603.60 |
1,510,427,406.07 |
1,452,101,824.67 |
276,144,285.76 |
4,423,203,214.58 |
|
13 |
EKITI |
16 |
1,971,334,858.27 |
1,937,213,641.51 |
384,427,966.80 |
1,228,660,532.66 |
1,176,815,571.42 |
219,017,972.41 |
3,717,475,152.14 |
|
14 |
ENUGU |
17 |
2,224,139,014.28 |
2,204,721,813.79 |
413,746,139.56 |
1,455,729,203.74 |
1,400,643,932.43 |
248,565,858.79 |
4,267,677,744.56 |
|
15 |
GOMBE |
11 |
2,090,778,106.89 |
1,989,536,876.26 |
381,170,266.96 |
1,062,244,568.98 |
1,026,601,158.13 |
173,608,617.64 |
3,570,916,919.00 |
|
16 |
IMO |
27 |
2,786,636,054.44 |
2,378,336,999.43 |
444,618,886.93 |
2,107,789,199.54 |
2,020,300,827.45 |
356,364,980.54 |
5,199,621,694.34 |
|
17 |
JIGAWA |
27 |
2,608,198,137.94 |
2,567,811,256.69 |
467,645,003.47 |
2,211,393,833.96 |
2,123,905,461.86 |
371,838,442.20 |
5,531,200,164.22 |
|
18 |
KADUNA |
23 |
2,972,592,938.57 |
2,654,728,287.33 |
545,330,170.62 |
2,371,865,987.16 |
2,297,338,855.38 |
390,489,331.69 |
5,887,886,645.03 |
|
19 |
KANO |
44 |
3,725,582,500.29 |
3,636,887,639.55 |
723,544,915.10 |
3,892,563,328.68 |
3,749,989,685.27 |
692,570,662.32 |
8,802,992,902.24 |
|
20 |
KATSINA |
34 |
2,833,294,348.03 |
2,773,578,935.01 |
508,921,426.94 |
2,845,879,866.02 |
2,735,709,323.38 |
462,618,083.53 |
6,480,827,804.85 |
|
21 |
KEBBI |
21 |
2,369,884,991.49 |
2,312,478,791.38 |
426,259,339.77 |
1,767,786,325.04 |
1,699,739,813.41 |
290,185,443.09 |
4,727,663,387.65 |
|
22 |
KOGI |
21 |
2,363,969,961.64 |
2,276,572,232.77 |
432,576,272.95 |
1,832,525,599.06 |
1,764,206,087.43 |
294,789,429.97 |
4,768,144,023.12 |
|
23 |
KWARA |
16 |
2,154,211,506.84 |
2,128,998,232.71 |
183,057,925.51 |
1,407,123,500.12 |
1,355,278,538.88 |
218,136,576.57 |
3,885,471,273.67 |
|
24 |
LAGOS |
20 |
3,365,400,561.26 |
2,723,335,821.13 |
3,276,649,941.10 |
2,364,459,895.60 |
2,299,653,694.05 |
2,042,350,797.92 |
10,341,990,254.19 |
|
25 |
NASSARAWA |
13 |
2,018,387,837.11 |
1,957,182,423.40 |
347,637,806.35 |
1,126,000,627.19 |
1,083,876,596.18 |
168,783,907.04 |
3,557,480,732.97 |
|
26 |
NIGER |
25 |
2,756,688,461.28 |
2,135,125,416.32 |
440,350,887.12 |
2,281,794,218.69 |
2,200,786,466.75 |
336,484,697.16 |
5,112,747,467.35 |
|
27 |
OGUN |
20 |
2,303,934,144.86 |
2,282,438,833.37 |
443,321,135.60 |
1,688,482,733.39 |
1,623,676,531.84 |
294,222,969.11 |
4,643,659,469.91 |
|
28 |
ONDO |
18 |
3,539,055,810.49 |
3,443,745,565.31 |
428,447,251.95 |
1,558,557,789.28 |
1,500,232,207.88 |
266,833,493.25 |
5,639,258,518.39 |
|
29 |
OSUN |
30 |
2,185,160,302.54 |
2,125,614,914.12 |
436,490,593.15 |
2,124,034,037.49 |
2,026,824,735.16 |
375,644,823.58 |
4,964,575,066.01 |
|
30 |
OYO |
33 |
2,753,038,091.40 |
2,520,324,931.18 |
544,751,442.74 |
2,716,080,210.17 |
2,609,149,977.61 |
475,146,515.80 |
6,149,390,867.33 |
|
31 |
PLATEAU |
17 |
2,321,001,138.44 |
2,195,498,378.65 |
418,125,570.04 |
1,554,720,116.76 |
1,499,634,845.46 |
250,971,554.07 |
4,364,230,348.22 |
|
32 |
RIVERS |
23 |
11,223,104,794.00 |
11,086,266,740.59 |
703,433,370.47 |
2,035,832,763.55 |
1,961,305,631.76 |
484,019,445.62 |
14,235,025,348.22 |
|
33 |
SOKOTO |
23 |
2,457,844,280.61 |
2,430,399,581.33 |
456,063,652.58 |
1,951,549,852.83 |
1,877,022,721.05 |
327,887,427.59 |
5,091,373,382.55 |
|
34 |
TARABA |
16 |
2,328,058,969.45 |
2,316,660,211.47 |
376,474,914.73 |
1,553,468,643.27 |
1,501,623,682.03 |
213,265,951.08 |
4,407,024,759.31 |
|
35 |
YOBE |
17 |
2,310,523,918.24 |
2,163,370,063.52 |
377,697,079.30 |
1,506,485,878.60 |
1,451,400,607.28 |
223,357,386.05 |
4,215,825,136.15 |
|
36 |
ZAMFARA |
14 |
2,317,548,670.60 |
2,290,813,919.16 |
406,097,578.49 |
1,414,321,812.88 |
1,368,957,471.79 |
217,914,316.26 |
4,283,783,284.71 |
|
37 |
FCT-ABUJA |
6 |
0.00 |
0.00 |
0.00 |
601,877,371.30 |
582,432,510.83 |
434,862,48.02 |
1,017,297,948.86 |
|
38 |
STATE’S-TOTAL |
774 |
124,936,024,258.65 |
117,392,991,492.88 |
18,958,285,536.31 |
67,542,373,975.60 |
65,034,373,975.60 |
13,410,799,875.42 |
214,769,450,880.22 |
|
39 |
FGN |
|
169,510,214,481.11 |
166,133,244,270.51 |
5,364,319,950.17 |
0.00 |
0.00 |
0.00 |
171,497,564,220.68 |
|
40 |
FCT-ABUJA |
|
3,214,652,559.41 |
2,869,896,309.41 |
383,165,710.73 |
0.00 |
0.00 |
0.00 |
3,253,062,020.14 |
|
41 |
Less:Cost of Collection-NCS |
|
2,163,675,811.177 |
2,163,675,811.17 |
0.00 |
0.00 |
0.00 |
0.00 |
2,163,675,811.17 |
|
42 |
Transfer to Excess Crude Acct |
|
29,572,997.810.72 |
29,572,997,810.72 |
0.00 |
0.00 |
0.00 |
0.00 |
29,572,997.810.72 |
|
43 |
Transfer to Oil Excess Revenue |
17,079,069,414.98 |
2,055,058,914.05 |
0.00 |
0.00 |
0.00 |
17,079,069,414.98 |
||
|
44 |
Less: 4%Cost of Collection – FIRS VAT |
|
2,055,058,914.05 |
2,055,058,914.05 |
1,596,523,794.69 |
0.00 |
0.00 |
0.00 |
3,651,582,708.74 |
|
45 |
TOTAL DEDUCTION |
|
0.00 |
11,264,759,226.38 |
200,000,000.00 |
0.00 |
2,508,000,000.00 |
0.00 |
13,972,759,226.38 |
|
46 |
Local Government |
|
67,542,373,975.60 |
0.00 |
0.00 |
0.00 |
|||
|
49 |
Transfer from Excess Domestic to Sub |
35,000,000,000.00 |
35,000,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
35,000,000,000.00 |
|
|
|
GRAND TOTAL |
451,074,067,225.70 |
451,074,067,225.70 |
39,913,094,867.2 |
67,542,373,975.60 |
67,542,373,975.60 |
13,410,799,875.42 |
490,987,162,093.02 |
This table is provided by the Economic Confidential magazine (www.economiconfidential).
