Federation Account: How They share N386bn in January 2010

 
Federation Account:  How They Share N386bn in January 2010 alt
 
Gross summary of Statutory Revenue and VAT Allocation
 

As part of the two allocations at the meeting of the Federation Account Allocation Committee (FAAC) in January 2010, the Economic Confidential magazine provides here the distribution of a total sum of N386 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 N10.08bn, Rivers N10.02bn, Delta N8.96bn, Bayelsa N4.29b The highest recipients from non-oil –producing states are Lagos N9.1bn and Kano N6.4bn.

 
The lowest recipients as revealed in the table below are Gombe N2.6bn, Nasarawa N2.5bn, Ebonyi N2.5bn and Ekiti N2.7bn. The Economic Confidential can also confirm other disbursements in December 2009: Federal Government N116bn, FCT Councils N975m, Nigerian Customs Service (NCS) N1.9bn, and Federal Inland Revenue Service (FIRS) N3.5bn. Please check Facts and Figures of this magazine to see the other distribution.
 

 

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
1,720,427,217.70
1,695,596,624.87
443,869,013.08
918,346,187.93
918,346,187.93
264,533,450.22
3,322,345,276.09
1
2
ADAMAWA
21
1,537,093,101.14
1,526,480,224.78
464,736,488.76
1,181,822,139.90
1,181,822,139.90
317,253,211.84
3,490,292,065.29
2
3
AKWA IBOM
31
7,695,197,218.97
7,611,206,979.81
484,265,326.65
1,558,585,663.46
1,558,585,663.46
429.448,962.86
10,083,506,932.78
3
52
ANAMBRA
21
1,552,528,179.80
1,502,830,280.85
511,556,923.83
1,171,542,478.96
1,171,542,478.96
349,728,964.90
3,535,658,630.53
4
5
BAUCHI
20
1,800,656,325.44
1,672,926,502.25
530,753,899.14
1,354,964,313.12
1,354,964,313.12
353.576,763.20
3,912,221,477,72
5
6
BAYELSA
8
3,768,259,124.81
3,248,064,138.60
400,675,257.65
498,511,586.72
498,511,586.72
146,279,973.24
4,293,530,956.20
6
7
BENUE
23
1,659,776,168.47
1,648,872,058.97
495,770,922.19
1,377.723,652.07
1,377.723,652.07
360,034,221.01
3,882,400,854.23
7
8
BORNO
27
1,831,334,833.75
1,819,139,257.81
511,739,544.84
1,583,382,747.73
1,583,382,747.73
407,914,796.67
4,322,176,347.05
8
9
CROSS RIVER
18
1,442,890,855.99
968,445,086.81
449,793,446.87
983,962,467.10
983,962,467.10
277,990,561.79
2,680,191,562.57
9
10
DELTA
25
6,899,760,300.62
6,563,201,301.03
637,060,284.96
1,300,541,047.15
1,300,541,047.15
461,962,407.85
8,962,765,040.99
10
11
EBONYI
13
1,274,265,021.14
1,252,798,979.32
424,555,185.02
701,006,398.79
701,006,398.79
211,138,670.96
2,589,499,234.09
11
12
EDO
18
1,844,930,348.66
1,725,808,194.75
475,415,501.84
984,837,820.26
984,837,820.26
294,664,895.54
3,480,726,412.38
12
13
EKITI
16
1,285,361,426.19
1,262,548,493.50
417,291,109.95
801,118,515.17
801,118,515.17
237,005,920.28
2,717,964,038.90
13
14
ENUGU
17
1,450,196,288.79
1,419,138,334.10
470,955,356.32
949,173,174.52
949,173,174.52
282,526,327.78
3,121,793,162.71
14
15
GOMBE
11
1,363,241,520.35
1,353,609,127.58
431,586,012.79
692,610,993.22
692,610,993.22
196,742,785.42
2,674,548,919.01
15
16
IMO
27
1,884,734.032.44
1,505,901,552,18
495,639,192.63
1,374,333,193.70
1,374,333,193.70
397,391,595.90
3,773,265,534.41
16
17
JIGAWA
27
1,700,612,792.54
1,675,336,511.46
506,585,521.23
1,441,886,100.86
1,441,886,100.86
405,844,385.08
4,029,652,518.64
 
17
18
KADUNA
23
1,938,207,647.96
1,889,954,524.65
610,908,090.58
1,546,518,104.32
1,546,518,104.32
436,751,021.61
4,484,131,741.16
18
19
KANO
44
2,429,176,360.30
2,350,072,525.80
821,898,318.46
2,538,052,188.69
2,538,052,188.69
780,803,842.00
6,490,826,874.96
19
7
KATSINA
34
1,847,381,356.20
1,787,582,962.22
584,774,220.77
1,855,587,440.15
1,855,587,440.15
526,797,582.22
4,754,742,205.35
20
21
KEBBI
21
1,545,226,443.79
1,516,100,747.16
476,469,802.15
1,152,642,506.38
1,152,642,506.38
324,498,116.20
3,469,711,171.88
21
22
KOGI
21
1,541,369,691.00
1,501,248,659.11
543,730,714.00
1,194,676,188.06
1,194,676,188.06
364,255,288.49
3,603,910,849.66
22
23
KWARA
16
1,404,601,741.37
1,347,596,265.75
233,334,875.54
917,480,995.86
917,480,995.86
246,379,046.04
2,744,791,183.18
23
.
LAGOS
20
2,194,328,398.33
1,652,501,754.93
3,720,485,684.42
1,541,689,140.65
1,541,689,140.65
2,251,048,587.70
9,165,725,167.70
24
25
NASSARAWA
13
1,316,041,188.04
1,268,402,129.51
396,594,694.45
734,181,595.77
734,181,595.77
193,182,032.49
2,592,360,452.22
25
26
NIGER
25
1,797,432,332.35
1,592,168,147.85
506,646,583.75
1,487,788,976.54
1,487,788,976.54
384,531,392.93
3,971,135,101.07
26
27
OGUN
20
1,502,224,782.29
1,479,867,540.38
488,266,498.59
1,100,934,509.54
1,100,934,509.54
324,498,116.20
3,393,183,485.34
27
28
ONDO
18
2,669,939,802.21
2,638,166,259.70
486,518,712.63
1,016,220,077.69
1,016,220,077.69
290,515,821.67
4,411,420,871.69
28
29
OSUN
30
1,424,781,158.38
1,388,600,785.65
486,542,730.89
1,384,925,249.12
1,384,925,249.12
418,666,002.82
3,678,734,768.47
29
30
OYO
33
1,795,052,196.57
1,617,769,805.49
607,106,841.30
1,770,954,700.03
1,770,954,700.03
529,250,556.58
4,525,081,903.39
30
31
PLATEAU
17
1,507,484,671.21
1,411,001,721.08
469,634,759.92
1,013,717,815.74
1,013,717,815.74
281,367,012.54
3,175,721,309.29
31
32
RIVERS
23
7,247,316,421.61
7,217,965,322.54
885,716,235.67
1,327,415,732.26
1,327,415,732.26
594,104,832.42
10,025,202,122.90
32
33
SOKOTO
23
1,602,578,180.27
1,583,286,197.63
496,272,645.69
1,272,461,089.80
1,272,461,089.80
357,787,074.16
3,709,807,007.27
33
34
TARABA
16
1,517,954,793.25
1,507,107,464.07
422,364,948.63
1,012,901,822.58
1,012,901,822.58
239,584,036.90
3,181,958,308.18
34
35
YOBE
17
1,506,521,485.34
1,480,428,660.47
425,441,552.47
982,267,842.18
982,267,842.18
251,199,966.67
3,139,338,021.79
35
36
ZAMFARA
14
1,511,101,805.97
1,500,221,744.27
466,424,450.06
922,174,482.36
922,174,482.36
250,759,374.52
3,139,580,051.21
36
37
FCT-ABUJA
6
0.00
0,00
0.00
392,439,647.24
392,439,647.24
583,332,545.73
975,772,192.97
37
38
 STATE’S-TOTAL
774
79,009,931,208.22
75,181,946,866.90
21,261,381,353.71
44,039,378,358.07
44,039,378,358.07
15,022,966,947.60
155,505,673,753.28
38
39
FGN
 
112,621,090,478.72
109,698,229,644.00
6,438,414,406.11
0.00
0.00
0.00
116,136,644,050.11
39
0
FCT-ABUJA
 
0.00
0.00
0.00
0.00
0.00
0.00
0.00
40
41
Less:Cost of Collection-NCS
 
1,938,569,978.96
1,938,569,978.96
0.00
0.00
0.00
0.00
1,938,569,978.96
41
42
Transfer to Excess Crude Acct
 
67,140,146,476.25
67,140,145,476.25
0.00
0.00
0.00
0.00
67,140,146,476.25
42
43
Less: 4%Cost of Collection – FIRS VAT
 
1,731,396,045.13
1,731,396,045.13
1,788,448,446.14
 
 
0.00
0.00
0.00
3,519,844,491.27
43
44
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
44
45
TOTAL DEDUCTION
 
0.00
6,750,845,176.04
0.00
0.00
0.00
0.00
6,750,845,176.04
45
46
Local Government 
 
44,039,378,585.07
44,039,378,585.07
15,022,966,947.60
0.00
0.00
0.00
0.00
46
49
Excess Revenue
0.00
0.00
200,000,000.00
0.00
0.00
0.00
200,000,000.00
49
 
GRAND TOTAL
 
341,480,512,772.35
341,480,512,772.35
44,711,211,153.56
44,039,378,585.07
44,039,378,585.07
15,022,966,947.60
386,191,723,925.91
This table is provided by the Economic Confidential (www.economicconfidential) Other tables in other pages of the magazine.

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