NNPC Refund: How States and Local Councils Shared N7.6bn in March 2012

Facts & Figures

NNPC Refund: How States and Local Councils Shared N7.6bn in March 2012

Web Engineer

April 1, 2012

The Economic Confidential magazine provides in the table below the disbursement of N7,617,431,250.00 to states & local government councils being 7th refund made by Nigerian National Petroleum Corporation NNPC at the meeting of the Federation Account Allocation Committee in March 2012

1 S/No	2 STATE	FED. & STATE ALLOCATION	TOTAL DERIV. OIL & GAS	TOTAL (3+4)	LG NET ALLOCATION	TOTAL	S/NO
1	Abia	91,928,612.27	12,972,485.42	104,901,097.69	59,314,383.09	164,215,480.78	1
2	Adamawa	102,547,335.89	–	102,547,335.89	79,291,647.74	181,838,983.63	2
3	A/Ibom	101,283,927.66	167,658,976.24	268,942,903.90	96,795,109.64	365,738,013.55	3
4	Anambra	102,679,511.16	–	102,679,511.16	83,510,552,51	186,190,063.67	4
5	Bauchi	115,704,842.54	–	115,704,842.54	81,859,411.88	197,564,254.43	5
6	Bayelsa	79,672,734.07	231,996,562.32	311,669,296.40	32,071,451.63	343,740,748.02	6
7	Benue	110,647,767.73	–	110,647,767.73	92,292,073.24	202,939,840.97	7
8	Borno	117,456,432.49	–	117,456,432.49	100,889,689.64	218,346,122.13	8
9	C/River	96,045,615.34	15,201,574.33	111,247,189.67	67,116,903.24	178,364,092.90	9
10	Delta	102,583,708.70	199,277,181.35	301,860,890.05	88,852,761.02	390,713,651.08	10
11	Ebonyi	86,764,433.43	–		45,894,666.71	132,659,100.14	11
12	Edo	102,062,420.44	8,293,478.27	110,355,898.72	71,646,492.49	182,002,391.20	12
13	Ekiti	86,282,742.06	–	86,282,742.06	53,363,277.02	139,646,019.08	13
14	Enugu	95,469,060.52	–	95,469,060.52	60,974,540.15	156,443,600.67	14
15	Gombe	87,831,585.10	–	87,831,585.10	43,684,252.43	131,515,837.54	15
16	Imo	101,194,140.29	14,357,867.64	115,552,007.93	86,575,991.45	202,127,999.38	16
17	Jigawa	112,360,247.42	–	112,360,247.42	92,892,665.49	205,252,912.91	17
18	Kaduna	125,705,227.98	–	125,705,227.98	101,996,275.41	227,701,503.39	18
19	Kano	152,911,132.99	–	152,911,132.99	161,144,203.38	314,055,336.37	19
20	Katsina	119,897,920.90	–	119,897,920.90	121,069,528.80	240,967,449.71	20
21	Kebbi	99,707,752.30	–	99,707,752.30	74,960,238.83	174,667,991.14	21
22	Kogi	100,006,468.32	–	100,006,468.32	74,196,941.60	174,203,409.92	22
23	Kwara	91,047,964.78	–	91,047,964.78	61,563,097.07	152,611,061.85	23
24	Lagos	144,499,323.83	–	144,499,323.83	107,996,716.92	252,496,040.75	24
25	Nassarawa	86,141,551.89	–	86,141,551.89	47,651,750.40	133,793,302.30	25
26	Niger	115,840,352.22	–	115,840,352.22	96,871,709.05	212,712,061.28	26
27	Ogun	97,575,055.07	–	97,575,055.07	73,832,963.58	171,408,018.65	27
28	Ondo	95,898,653.54	39,344,260.93	135,242,914.47	66,613,230.91	201,856,145.38	28
29	Osun	93,777,457.38	–	93,777,457.38	97,415,398.50	191,192,855.88	29
30	Oyo	117,037,985.24	–	117,037,985.24	116,184,038.75	233,222,023.99	30
31	Plateau	99,808,920.19	–	99,808,920.19	65,726,829.88	165,535,750.07	31
32	Rivers	110,405,103.63	289,981,591.61	400,386,695.24	85,640,771.54	486,027,466.78	32
33	Sokoto	105,618,353.72	–	105,618,353.72	83,821,377.87	189,439,731.59	33
34	Taraba	98,710,829.80	–	98,710,829.80	65,521,223.05	164,232,052.86	34
35	Yobe	95,923,526.71	–	95,923,526.71	65,334,796.27	161,258,322.98	35
36	Zamfara	99,415,275.50	–	99,415,275.50	57,052,694.57	156,467,970.07	36
37	FCT-Abuja	–	–	–	23,101,558.60	23,101,558.60	37
	Sokoto Derivation		9,083,710.59	9,083,710.59	0.00	9,083,710.59
38	ONA/ASABORO DERIVATION		2,098,373.79	2,098,373.79	0.00	2,098,373.79	38
39	SUB TOTAL	3,742,443,973.13	990,266,062.50	4,732,710,035.63	2,884,721,214.38	7,617,431,250.00	39
	GRAND TOTAL	3,742,443,973.13	990,266,062.50	4,732,710,035.63	2,884,721,214.38	7,617,431,250.00

This table is provided by the Economic Confidential (www.economiconfidential.com). Other tables of disbursement are in the Facts and Figures of the magazine.