At the meeting of the Federation Account Allocation Committee (FAAC) in March 2012, four different revenue allocations were made to the tiers of government including dollar payment. In the table below for instance, the Economic Confidential magazine provides here the distribution of a total sum of N834billion being the statutory and VAT allocations shared to all tiers of government at the meeting. 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 N17.4bn, Akwa Ibom N16.9bn, Delta N13.6bn and Bayelsa N9.5bn. The highest recipients from non-oil –producing states are Lagos N13.5bn and Kano N10bn.
The lowest recipients as revealed in the table below are Gombe N3.7bn, Nasarawa N3.8bn, Ebonyi N3.5bn and Ekiti N3.8bn. The Economic Confidential can also confirm other disbursements in March 2012: Federal Government N189bn, FCT Councils N3.9bn, Nigerian Customs Service (NCS) N2.7bn, and Federal Inland Revenue Service (FIRS) N3.8bn. Please check Facts and Figures of this magazine to see the second allocation from Excess Crude Account.
|
1 S/NO |
2 STATES |
3 NO OF |
4 STATES GROSS |
5 STATES NET |
6 STATES VAT SHARED |
7 L/GOVT GROSS |
8 L/GOVT NET |
9 L/GOVT NET VAT |
TOTAL PAID |
S/NO |
|
|
|
|
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
|
|
1 |
ABIA |
17 |
2,576,458,736.16 |
2,545,530,712.96 |
595,584,460.87 |
1,542,547,566.14 |
1,542,547,566.14 |
354,574,365.50 |
5,038,237,105.46 |
1 |
|
2 |
A/MAWA |
21 |
2,581,767,045.68 |
2,091,373,189.05 |
618,442,732.96 |
1,985,108,545.64 |
1,985,108,545.64 |
422,786,109.75 |
5,117,710,577.40 |
2 |
|
3 |
A/IBOM |
31 |
13,893,010,942.79 |
12,932,682,135.50 |
765,676,355.25 |
2,617,958,840.99 |
2,617,958,840.99 |
642,651,823.69 |
16,958,970,155.44 |
3 |
|
4 |
A/MBRA |
21 |
2,607,784,075.96 |
2,592,201,911.10 |
697,547,679.52 |
1,967,841,782.66 |
1,967,841,782.66 |
475,510,061.98 |
5,733,101,435.25 |
4 |
|
5 |
BAUCHI |
20 |
3,024,565,320.54 |
2,537,154,271.42 |
715,729,156.52 |
2,275,935,731.95 |
2,275,935,731.95 |
476,474,515.26 |
5,995,642,147.57 |
5 |
|
6 |
BAYELSA |
8 |
10,384,662,972.21 |
7,923,489,367.10 |
594,006,694.89 |
837,350,712.50 |
837,350,712.50 |
225,520,275.32 |
9,580,367,049.81 |
6 |
|
7 |
BENUE |
23 |
2,787,928,694.70 |
2,402,774,096.53 |
699,582,330.93 |
2,314,164,630.12 |
2,314,164,630.12 |
503,272,922.56 |
5,919,793,980.14 |
7 |
|
8 |
BORNO |
27 |
3,076,096,060.20 |
2,738,685,737.27 |
682,571,327.43 |
2,659,610,543.23 |
2,659,610,543.23 |
545,853,327.51 |
6,626,720,935.46 |
8 |
|
9 |
CROSS RIVER |
18 |
2,729,488,934.50 |
2,519,545,240.54 |
601,323,177.76 |
1,652,763,335.60 |
1,652,763,335.60 |
371,393,679.20 |
5,145,025,433.10 |
9 |
|
10 |
DELTA |
25 |
11,594,891,984.45 |
10,131,637,939.15 |
786,036,998.88 |
2,184,520,884.72 |
2,184,520,884.72 |
576,574,807.89 |
13,678,770,630.64 |
10 |
|
11 |
EBONYI |
13 |
2,140,385,001.65 |
1,520,501,256.32 |
584,894,673.51 |
1,177,481,573.41 |
1,177,481,573.41 |
290,300,372.34 |
3,573,177,875.57 |
11 |
|
12 |
EDO |
18 |
3,336,576,697.72 |
2,674,667,425.83 |
717,966,046.85 |
1,654,233,667.70 |
1,654,233,667.70 |
439,053,139.36 |
5,485,920,279.74 |
12 |
|
13 |
EKITI |
16 |
2,159,023,651.03 |
1,633,099,184.59 |
570,299,914.87 |
1,345,640,056.01 |
1,345,640,056.01 |
323,479,472.51 |
3,872,518,627.98 |
13 |
|
14 |
ENUGU |
17 |
2,435,897,034.36 |
2,336,079,476.31 |
655,352,056.81 |
1,594,327,705.00 |
1,594,327,705.00 |
391,444,738.63 |
4,977,203,976.74 |
14 |
|
15 |
GOMBE |
11 |
2,289,838,970.22 |
1,703,067,221.38 |
599,820,936.30 |
1,163,379,797.19 |
1,163,379,797.19 |
273,843,736.90 |
3,740,111,691.77 |
15 |
|
16 |
IMO |
27 |
3,096,399,896.19 |
2,628,517,251.22 |
663,037,497.85 |
2,308,469,671.75 |
2,308,469,671.75 |
533,128,722.88 |
6,113,855,976.80 |
16 |
|
17 |
JIGAWA |
27 |
2,856,522,037.71 |
2,607,645,043.85 |
721,647,660.40 |
2,421,938,398.34 |
2,421,938,398.34 |
569,273,388.75 |
6,320,504,491.35 |
17 |
|
18 |
KADUNA |
23 |
3,255,610,497.79 |
2,948,551,283.76 |
873,990,827.83 |
2,597,688,942.53 |
2,597,688,942.53 |
616,159,501.99 |
7.036,390,556.11 |
18 |
|
19 |
KANO |
44 |
4,080,291,432.08 |
3,626,723,024.09 |
1,121,983,998.70 |
4,263,170,335.81 |
4,263,170,335.81 |
1,058,905,961.58 |
10,070,783,320.18 |
19 |
|
20 |
KATSINA |
34 |
3,103,049,429.70 |
3,067,428,145.54 |
810,724,220.36 |
3,116,833,202.09 |
3,116,833,202.09 |
723,344,071.17 |
7,718,329,639.17 |
20 |
|
21 |
KEBBI |
21 |
2,595,519,338.26 |
2,106,626,202.00 |
655,525,996.14 |
1,936,095,468.36 |
1,936,095,468.36 |
444,000,783.88 |
5,142,248.450.38 |
21 |
|
22 |
KOGI |
21 |
2,589,041,144.42 |
2,294,884,325.24 |
697,023,559.95 |
2,006,699,510.95 |
2,006,699,510.95 |
467,402,890.11 |
5,466,010,286.25 |
22 |
|
23 |
KWARA |
16 |
2,359,311,799.85 |
2,342,924,640.73 |
374,514,016.87 |
1,541,094,301.62 |
1,541,094,301.62 |
325,707,438.03 |
4,584,240,397.26 |
23 |
|
24 |
LAGOS |
20 |
3,685,816,924.94 |
3,042,147,437.66 |
5,032,413,415.80 |
2,589,577,724.50 |
2,589,577,724.50 |
2,912,732,596.58 |
13,576,871,174.54 |
24 |
|
25 |
NASS/A |
13 |
2,210,556,496.27 |
1,858,812,639.61 |
525,266,258.55 |
1,233,206,005.04 |
1,233,206,005.04 |
254,485,450.26 |
3,871,770,353.46 |
25 |
|
26 |
NIGER |
25 |
3,019,149,974.16 |
2,443,203,701.19 |
675,708,654.91 |
2,499,041,532.32 |
2,499,041,532.32 |
513,991,536.55 |
6,131,945,424.97 |
26 |
|
27 |
OGUN |
20 |
2,532,289,378.41 |
2,497,871,653.27 |
677,376,533.02 |
1,849,241,462.17 |
1,849,241,462.17 |
447,220,456.93 |
5,471,710,105.39 |
27 |
|
28 |
ONDO |
18 |
3,872,255,047.43 |
3,121,127,007.14 |
642,169,259.55 |
1,706,946,495.89 |
1,706,946,495.89 |
398,854,488.32 |
5,869,107,250.89 |
28 |
|
29 |
OSUN |
30 |
2,393,207,199.00 |
2,322,288,423.44 |
641,236,200.87 |
2,326,261,164.25 |
2,326,261,164.25 |
556,057,489.25 |
5,845,843,257.81 |
29 |
|
30 |
OYO |
33 |
3,015,152,056.27 |
2,921,998,308.80 |
787,746,818.31 |
2,974,675,452.64 |
2,974,675,452.64 |
695,683,280.54 |
7,380,103,860.29 |
30 |
|
31 |
PLATEAU |
17 |
2,532,124,422.27 |
2,488,090,975.66 |
641,524,939.48 |
1,702,743,422.48 |
1,702,743,422.48 |
383,082,176.01 |
5,215,441,533.63 |
31 |
|
32 |
RIVERS |
23 |
13,934,012,654.58 |
13,614,472,776.87 |
951,688,288.39 |
2,229,662,336.45 |
2,229,662,336.45 |
651,708,246.57 |
17,447,531,646.29 |
32 |
|
33 |
SOKOTO |
23 |
2,691,853,142.11 |
2,444,506,155.68 |
669,645,324.84 |
2,137,354,935.28 |
2,137,354,935.28 |
482,121,420.91 |
5,733,627,836.71 |
33 |
|
34 |
TARABA |
16 |
2,549,711,103.08 |
13,614,472,776.87 |
567,462,813.43 |
1,701,372,817.45 |
1,701,372,817.45 |
321,180,998.09 |
5,135,000,693 |
34 |
|
35 |
YOBE |
17 |
2,530,506,557.42 |
2,444,506,155.68 |
607,811,426.79 |
1,649,916,871.40 |
1,649,916,871.40 |
356,935,546.85 |
5,023,301,492 |
35 |
|
36 |
ZAMFARA |
14 |
2,538,200,129.34 |
2,544,984,064.19 |
668,508,597.29 |
1,548,977,958.44 |
1,548,977,958.44 |
359,311,279.53 |
4,509,782,177 |
36 |
|
37 |
FCT-ABJ |
6 |
0.00 |
0.00 |
0.00 |
659,181,505.47 |
659,181,505.47 |
980,257,542.27 |
1,639,439,047 |
37 |
|
38 |
STATE’S |
774 |
139,049,956,783.44 |
123,546,915,215.32 |
28,891,840,850.67 |
73,973,014,908.09 |
73,973,014,908.09 |
20,364,288,595.47 |
246,747,110, |
38 |
|
39 |
FGN |
|
185,652,887,204.56 |
181,755,421,428.58 |
8,145,715,438.19 |
0.00 |
0.00 |
0.00 |
189,901,136, |
39 |
|
40 |
FCT-ABUJA |
|
3,516,939,269.13 |
3,370,970,519.13 |
581,836,817.01 |
0.00 |
0.00 |
0.00 |
3,952,807,336 |
40 |
|
41 |
Less:Cost of |
2,731,141,205.39 |
2,731,141,205.39 |
0.00 |
0.00 |
0.00 |
0.00 |
2,731,141,205 |
41 |
|
|
42 |
Transfer to |
300,417,238,235.79 |
300,417,238,235.79 |
0.00 |
0.00 |
0.00 |
0.00 |
300,417,238, |
42 |
|
|
43 |
Less: 4%Cost |
1,431,891,009.80 |
1,431,891,009.80 |
2,424,320,070.89 |
0.00 |
0.00 |
0.00 |
3,856,211, |
43 |
|
|
44 |
5th Inst. Pyt |
7,617,431,250.00 |
7,617,431,250.00 |
0.00 |
0.00 |
0.00 |
0.00 |
7,617,431, |
44 |
|
|
45 |
TOTAL |
0.00 |
19,546,476,094.10 |
200,000,000.00 |
0.00 |
0.00 |
0.00 |
19,775,424, |
45 |
|
|
46 |
Local Govt. |
73,973,014,908.09 |
73,973,014,908.09 |
0.00 |
0.00 |
0.00 |
0.00 |
|
46 |
|
|
49 |
Transfer from |
60,000,000,000.00 |
60,000,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
60,000,000, |
49 |
|
|
GRAND TOTAL |
774,390,499, |
774,390,499, |
60,608,001, |
73,973,014, |
73,973,014, |
20,364,288, |
834,998,501, |
|
||
This table is provided by the Economic Confidential (www.economiconfidential.com) Other tables in other pages of the magazine.
