Home Financial Facts & Figures NNPC Refund : How They Shared N 7,6bn in May 2012

NNPC Refund : How They Shared N 7,6bn in May 2012

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The Economic Confidential provides here the breakdown on how a total sum of N7, 617,431,250.00 was distributed to States and Local Government Councils being the 9th refund made by Nigeria National Petroleum Corporation(NNPC) to the Federation Account Allocation Committee in May 2012.

S/No
2
States
3
No of
L/G’s
4
Gross Statut. +
Min Revenue
5
Net Statutory +
Mineral Revenue

6
Gross Statutory
Revenue
7
Net Statutory
Revenue
8
Total Paid
(5+7)



=N=
=N=
=N=
=N=
=N=
1
Abia
17
104,901,097.69
104,901,097.69
59,314,383.09
59,314,383.09
164,215,480.78
2
Adamawa
21
102,547,335.89
102,547,335.89
79,291,647.74
79,291,647.74
181,838,983.63
3
Akwa Ibom
31
268,942,903.90
268,942,903.90
96,795,109.64
96,795,109.64
365,738,013.55
4
Anambra
21
102,679,511.16
102,679,511.16
83,510,552.51
83,510,552.51
186,190,063.67
5
Bauchi
20
115,704,842.54
115,704,842.54
81,859,411.88
81,859,411.88
197,564,254.43
6
Bayelsa
8
311,669,296.40
311,669,296.40
32,071,451.63
32,071,451.63
343,740,748.02
7
Benue
23
110,647,767.73
110,647,767.73
92,292,073.24
92,292,073.24
202,939,840.97
8
Borno
27
117,456,432.49
117,456,432.49
100,889,689.64
100,889,689.64
218,346,122.13
9
Cross River
18
111,247,189.67
111,247,189.67
67,116,903.24
67,116,903.24
178,364,092.90
10
Delta
25
301,860,890.05
301,860,890.05
88,852,761.02
88,852,761.02
390,713,651.08
11
Ebonyi
13
86,764,433.43
86,764,433.43
45,894,666.71
45,894,666.71
132,659,100.14
12
Edo
18
110,355,898.72
110,355,898.72
71,646,492.49
71,646,492.49
182,002,391.20
13
Ekiti
16
86,282,742.06
86,282,742.06
53,363,277.02
53,363,277.02
139,646,019.08
14
Enugu
17
95,469,060.52
95,469,060.52
60,974,540.15
60,974,540.15
156,443,600.67
15
Gombe
11
87,831,585.10
87,831,585.10
43,684,252.43
43,684,252.43
131,515,837.54
16
Imo
27
115,552,007.93
115,552,007.93
86,575,991.45
86,575,991.45
202,127,999.38
17
Jigawa
27
112,360,247.42
112,360,247.42
92,892,665.49
92,892,665.49
205,252,912.91
18
Kaduna
23
125,705,227.98
125,705,227.98
101,996,275.41
101,996,275.41
227,701,503.39
19
Kano
44
152,911,132.99
152,911,132.99
161,144,203.38
161,144,203.38
314,055,336.37
20
Katsina
34
119,897,920.90
119,897,920.90
121,069,528.80
121,069,528.80
240,967,449.71
21
Kebbi
21
99,707,752.30
99,707,752.30
74,960,238.83
74,960,238.83
174,667,991.14
22
Kogi
21
100,006,468.32
100,006,468.32
74,196,941.60
74,196,941.60
174,203,409.92
23
Kwara
16
91,047,964.78
91,047,964.78
61,563,097.07
61,563,097.07
152,611,061.85
24
Lagos
20
144,499,323.83
144,499,323.83
107,996,716.92
107,996,716.92
252,496,040.75
25
Nassarawa
13
86,141,551.89
86,141,551.89
47,651,750.40
47,651,750.40
133,793,302.30
26
Niger
25
115,840,352.22
115,840,352.22
96,871,709.05
96,871,709.05
212,712,061.28
27
Ogun
20
97,575,055.07
97,575,055.07
73,832,963.58
73,832,963.58
171,408,018.65
28
Ondo
18
135,242,914.47
135,242,914.47
66,613,320.91
66,613,320.91
201,856,145.38
29
Osun
30
93,777,457.38
93,777,457.38
97,415,398.50
97,415,398.50
191,192,855.88
30
Oyo
33
117,037,985.24
117,037,985.24
116,184,038.75
116,184,038.75
233,222,023.99
31
Plateau
17
99,808,920.19
99,808,920.19
65,726,829.88
65,726,829.88
165,535,750.07
32
Rivers
23
400,386,695.24
400,386,695.24
85,640,771.54
85,640,771.54
486,027,466.78
33
Sokoto
23
105,618,353.72
105,618,353.72
83,821,377.87
83,821,377.87
189,439,731.59
34
Taraba
16
98,710,829.80
98,710,829.80
65,521,223.05
65,521,223.05
164,232,052.86
35
Yobe
17
95,923,526.71
95,923,526.71
65,334,796.27
65,334,796.27
161,258,322.98
36
Zamfara
14
99,415,275.50
99,415,275.50
57,052,694.57
57,052,694.57
156,467,970.07
37
Fct-Abuja
6
0.00
0.00
23,101,558.60
23,101,558.60
23,101,558.60
38
Soko Dervt.
 
9,083,710.59
9,083,710.59
0.00
0.00
9,083,710.59
39
Ona/Asaboro Dervtn.
2,098,373.79
2,098,373.79
2,098,373.79
2,098,373.79
2,098,373.79
40
State’s-Total
774
4,732,710,035.63
4,732,710,035.63
2,884,721,214.38
2,884,721,214.38
7,617,431,250.00
41
FGN
 
0.00
0.00
0.00
0.00
0.00
42
Fct-Abuja
 
0.00
0.00
0.00
0.00
0.00

Local Govt

2,884,721,214.38
2,884,721,214.38
0.00
0.00
0.00

Grand Total

7,617,431,250.00
7,617,431,250.00
2,884,721,214.38
2,884,721,214.38
7,617,431,250.00
This table is provided by the Economic Confidential (www.economiconfidential.com) Other tables in other pages of the magazine.