Federation Account: How They Share N458bn in December 2009

altGross summary of Statutory Revenue and VAT Allocation in December 2009

As part of the two allocations at the meeting of the Federation Account Allocation Committee (FAAC) in December 2009, the Economic Confidential magazine provides here the distribution of a total sum of N458 billion being the Statutory and VAT allocations shared to all tiers of government. 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 Akwa Ibom receiving N12.47bn, Rivers N11bn, Delta N10.7bn and Bayelsa N5.2bn.

 

The highest recipients from non-oil –producing states are Lagos N9.2bn and Kano N7.3bn.
The lowest recipients as revealed in the table below are Gombe N3bn, Nasarawa N2.9bn, Ebonyi N2.9bn and Ekiti N3.1bn. The Economic Confidential can also confirm other disbursements in December 2009: Federal N139bn, FCT Councils N1.1bn, Nigerian Customs Service (NCS) N1.7bn, and Federal Inland Revenue Service (FIRS) N4.1bn. Please check Facts and Figures of this magazine to see the other distribution of N48bn being Exchange Difference of N149 and Budgeted Rate of N125 to 1US Dollar.


 

S/NO

STATES

NO OF L/GOVTS

GROSS STATUTORY REVENUE

NET STATUTORY REVENUE

 VAT SHARED

GROSS STATUTORY REVENUE

NET STATUTORY REVENUE

NET VAT TO L/GOVT

TOTAL PAID (5+6+8+9)

S/NO

 

 

 

=N=

 =N=

 =N=

 =N=

=N=

=N=

=N=

 

1

ABIA

17

2,101,011,362.20

2,076,180,769.36

403,531,880.83

1,115,122,796.54

1,115,122,796.54

239,633,049.39

 3,834.468,496.12

1

2

ADAMAWA

21

1,866,384,772.30

1,855,825,895.94

417,760,794.38

1,435,054,478.34

1,435,054,478.34

283,806,584.62

3,992,447,753.28

2

3

AKWA IBOM

31

9,557,495,433.43

9,473,505,194.27

596,063,740.00

1,892,548,176.84

1,892,548,176.84

472,865,605.89

12,434,982,717.00

3

52

ANAMBRA

21

1,885,192,739.20

1,835,494,840.25

445,168,380.93

1,422,572,165.68

1,422,572,165.68

304,786,123.53

4,008,021,510.38

4

5

BAUCHI

20

2,186,487,997.25

1,966,966,860.02

460,377,472.66

1,645,296,309.73

1,645,296,309.73

307,272,224.33

4,379,912,866.74

5

6

BAYELSA

8

4,663,813,708.49

4,143,618,722.28

344,991,921.57

605,329,059.99

605,329,059.99

123,378,791.88

5,217,318,495.72

6

7

BENUE

23

2,015,421,054.64

2,004,516,945.14

475,507,542.43

1,672,932,355.95

1,672,932,355.95

339,002,308.36

4,491,959,151.88

7

8

BORNO

27

2,223,740,075.42

2,211,544,499.48

443,362,331.76

1,922,658,601.78

1,922,658,601.78

355,179,051.69

4,932,744,484.71

8

9

CROSS RIVER

18

1,752,063,119.09

1,326,838,183.24

397,887,189.68

1,194,798,859.54

1,194,798,859.54

245,413,716.94

3,164,937,949.39

9

10

DELTA

25

8,564,001,712.55

8,227,442,712.96

524,038,942.48

1,579,211,618.20

1,579,211,618.20

382,397,766.22

10,713,091,039.85

10

11

EBONYI

13

1,547,305,354.53

1,525,839,312.71

390,113,301.99

851,213,002.33

851,213,002.33

194,044,564.97

2,961,210,182.00

11

12

EDO

18

2,253,961,287.38

2,134,839,133.46

416,256,731.64

1,195,861,777.06

1,195,861,777.06

257,474,941.13

4,004,432,583.30

12

13

EKITI

16

1,560,779,417.36

1,537,966,484.67

388,798,965.56

972,7765,422.16

972,7765,422.16

220,304,502.42

3,119,846,374.80

13

14

ENUGU

17

1,760,933,907.43

1,729,875,952.74

403,565,972.89

1,152,555,167.84

1,152,555,167.84

242,069,379.84

3,528,066,473.31

14

15

GOMBE

11

1,655,347,097.33

1,645,714,704.56

383,238,327.49

841,018,689.70

841,018,689.70

174,074,663.87

3,044,046,385.61

15

16

IMO

27

2,300,277,038.54

1,921,444,558.28

433,567,271.74

1,666,815,414.57

1,666,815,414.57

348,515,475.41

4,372,342,720.01

16

17

JIGAWA

27

2,065,007,856.48

2,039,731,575.40

453,548,938.82

1,750,843,072.26

1,750,843,072.26

361,952,037.02

4,606,075,623.50

 

17

18

KADUNA

23

2,353,512,826.72

2,305,259,703.41

545,151,103.90

1,877,894,868.02

1,877,894,868.02

388,148,067.69

5,116,453,743.02

18

19

KANO

44

2,949,682,779.52

2,870,578,945.02

729,748,680.57

3,081,887,736.46

3,081,887,736.46

689,889,059.66

7,372,104,421.72

19

20

KATSINA

34

2,243,224,931.15

2,183,426,537.17

520,650,587.49

2,253,189,355.69

2,253,189,355.69

467,550,293.99

5,424,816,774.33

20

21

KEBBI

21

1,876,326,439.77

1,847,200,743.14

415,141,912.30

1,399,622,443.05

1,399,622,443.05

282,757,999.71

3,944,723,098.20

21

22

KOGI

21

1,871,643,289.77

1,831,522,257.88

413,246,319.55

1,450,662,799.38

1,450,662,799.38

281,935,111.94

3,977,366,488.75

22

23

KWARA

16

1,705,569,688.68

1,648,564,213.06

179,377, 847.90

1,114,072,217.34

1,114,072,217.34

215,008,459.83

3,157,022,738.12

23

.

LAGOS

20

2,664,513,281.21

2,122,686,642.81

3,315,775,822.69

1,872,031,188.78

1,872,031,188.78

1,914,648,150.70

9,225,141,804.98

24

25

NASSARAWA

13

1,598,033,017.67

1,550,393,959.14

     350,026,133.43

891,496,741.65

891,496,741.65

170,056,936.78

2,961,973,771.01

25

26

NIGER

25

2,182,573,190.13

1,977,309,005.63

446,073,569.75

1,806,581,685.62

1,806,581,685.62

338,344,033.87

4,568,308,294.87

26

27

OGUN

20

1,824,110,691.88

1,801,753,449.97

433,144,157.28

1,336,834,828.33

1,336,834,828.33

286,935,025.57

3,858,667,461.15

27

28

ONDO

18

3,284,763,720.85

3,252,990,178.34

411,780,851.56

1,233,968,398.65

1,233,968,398.65

256,266,230.60

5,155,005,659.16

28

29

OSUN

30

1,730,073,005.87

1,693,892,633.14

 419,132,342.56

1,681,677,059.36

1,681,677,059.36

363,380,369.50

4,158,082,404.57

29

30

OYO

33

2,179,683,055.99

2,002.400,664.91

551,581,109.59

2,150,422,121.40

2,150,422,121.40

474,948,880.88

5,179,352,776.78

30

31

PLATEAU

17

1,830,497,631.92

1,734,014,681.79

434,885,266.98

1,230,929,970.04

1,230,929,970.04

258,977,447.99

3,658,807,366.80

31

32

RIVERS

23

8,993,546,711.95

8,964,195,612.88

695,295,967.31

1,611,844,817.33

1,611,844,817.33

466,324,720.75

11,737,661,118.26

32

33

SOKOTO

23

1,945,967,093.39

1,926,675,110.75

421,035,659.50

1,545,114,889.77

1,545,114,889.77

305,831,973.41

4,198,657,633.43

33

34

TARABA

16

1,843,211,216.33

1,832,363,887.15

364,443,033.79

1,229,939,131.73

1,229,939,131.73

206,329,939.40

3,633,075,992.07

34

35

YOBE

17

1,829,328,061.52

1,803,235,236.65

375,697,549.58

1,192,741,122.59

1,192,741,122.59

221,281,182.27

3,569,955,091.10

35

36

ZAMFARA

14

1,834,889,820.28

1,824,009,758.58

407,240,314.77

1,119,771,390.33

1,119,771,390.33

218,335,246.22

3,569,356,709.90

36

37

FCT-ABUJA

6

0.00

0.00

0,00

476,528,789.09

476,528,789.09

645,925,637.90

1.122,454,426,99

37

38

 STATE’S-TOTAL

774

96,700,374,388.20

92,829,819,566.17

18,807,207,937.36

53,475,819,523.12

53,475,819,523.12

13,305,045,556.15

178,417,892,582.81

38

39

FGN

 

136,752,726.819.32

133,829,865,984.59

5,702,162,381.21

0.00

0.00

0.00

0.00

39

40

FCT-ABUJA

 

0.00

0.00

0.000

0.00

0.00

0.00

0.00

40

41

Less:Cost of Collection-NCS

 

1,705,918,311.81

1,705,918,311.81

0.00

0.00

0.00

0.00

1,705,918,311.81

41

42

Transfer to Excess Crude Acct

 

95,347,337,347.21

95,347,337,347.21

0.00

0.00

0.00

0.00

95,347,337,347.21

42

43

Less: 4%Cost of Collection – FIRS VAT

 

2,555,160,957.55

2,555,160,957.55

1,583,933,994.78

0.00

0.00

0.00

4,139,094,952.33

43

44

Transfer from Excess Domestic to Sub

22,000,000,000.00

22,000,000,000.00

 

0.00

0.00

0.00

25,000,000,000.00

44

45

TOTAL DEDUCTION

 

0.00

0.00

 

0.00

0.00

0.00

6,793,415,656.75

45

46

Local Government 

 

53,475,819,523.12

53,475,819,523.12

 

0.00

0.00

0.00

0.00

46

49

Excess Revenue

7,348,238,015.21

7,348,238,015.21

 

0.00

0.00

0.00

7,548,238,015.21

49

 

GRAND TOTAL

 

418,885,575,362,42

418,885,575,362,42

 

53,475,819,523.12

53,475,819,523.12

13,305,045,556.15

458,483,925,231.92

This table is provided by the Economic Confidential (www.economiconfidential) Other tables in other pages of the magazine.