Excess Crude: How They Share N143.6bn in December 2011

The Economic Confidential provides here the table of the distribution of N143.6bn from Foreign Excess Crude savings account being difference between the budgeted & actual receipts of revenue which was shared to the three tiers of government in December, 2011. This is different from the disbursement of N783bn from the Federation in the same month. The highest recipients of the Excess Crude Account are from the oil producing states with Akwa Ibom receiving N6.8bn, Rivers N6.2bn, Delta N5.8bn, and Bayelsa N4.5bn. Federal Government received N65bn.

The lowest recipients as revealed in the table below are Gombe N1.2bn, Nasarawa N1.1bn, Ebonyi N1.1bn and Ekiti N1.2bn. Please check Facts and Figures of this magazine to see the other allocations from the Federation Account in the same month.


STATE GOVERNMENT

LOCAL GOVERNMENTS

 

2
STATES

4
GROSS STATUT.
 + MIN REVENUE

5
NET STATUTORY
+ MINERAL REV.

6
NET VAT SHARED

7
GROSS
STATUTORY
REVENUE

8
NET STATUTORY
REVENUE

9
NET VAT
TO L/GOVT

10
TOTAL PAID
(5+6+8+9)

 

 

 

=N=

=N=

=N=

=N=

=N=

=N=

1

ABIA

898,027,252.32

15,299,203.91

820,326,456.23

0.00

820,326,456.23

536,957,945.33

1,357,284,401.56

2

ADAMAWA

898,708,317.72

0.00

898,708,317.72

0.00

898,708,317.72

691,012,601.05

1,589,720,918.78

3

AKWA IBOM

909,185,229.05

5,025,490,568.36

5,934,675,797.40

0.00

5,934,675,797.40

911,306,614.51

6,845,982,411.92

4

ANAMBRA

907,764,797.69

0.00

907,764,797.69

0.00

907,764,797.69

685,002,072.90

1,592,766,870.59

5

BAUCHI

1,052,845,575.52

0.00

1,052,845,575.52

0.00

1,052,845,575.52

792,249,004.93

1,845,094,580.45

6

BAYELSA

720,989,592.01

3,556,402,770.98

4,277,392,363.00

0.00

4,277,392,363.00

291,480,229.18

4,568,872,592.18

7

BENUE

970,472,805.18

0.00

970,472,805.18

0.00

970,472,805.18

805,556,413.44

1,776,029,218.63

8

BORNO

1,070,783,330.37

0.00

1,070,783,330.37

0.00

1,070,783,330.37

925,805,494.78

1,996,588,825.15

9

C/RIVER

843,659,743.52

137,642,404.39

981,302,147.90

0.00

981,302,147.90

575,323,850.16

1,556,625,998.06

10

DELTA

908,646,130.65

4,159,366,231.62

5,068,012,362.27

0.00

5,068,012,362.27

760,427,666.25

5,828,440,028.52

11

EBONYI

745,064,047.25

0.00

745,064,047.25

0.00

745,064,047.25

409,879,150.70

1,154,943,197.95

12

EDO

848,064,055.55

368,699,420.54

1,216,763,476.09

0.00

1,216,763,476.09

575,835,670.03

1,792,599,146.12

13

EKITI

751,552,126.51

0.00

751,552,126.51

0.00

751,552,126.51

468,414,806.45

1,219,966,932.96

14

ENUGU

847,931,237.47

0.00

847,931,237.47

0.00

847,931,237.47

554,982,515.58

1,402,913,753.05

15

GOMBE

797,088,696.38

0.00

797,088,696.38

0.00

797,088,696.38

404,970,348.57

1,202,059,044.94

16

IMO

905,262,999.09

221,858,068.62

1,127,121,067.71

0.00

1,127,121,067.71

803,547,099.01

1,930,695,076.71

17

JIGAWA

994,350,020.60

0.00

994,350,020.60

0.00

994,350,020.60

843,072,262.17

1,837,422,282.77

18

KADUNA

1,133,271,972.98

0.00

1,133,271,972.98

0.00

1,133,271,972.98

904,250,700.47

2,037,522,673.45

19

KANO

1,420,341,875.88

0.00

1,420,341,875.88

0.00

1,420,341,875.88

1,484,001,682.91

2,904,343,558.79

20

KATSINA

1,080,165,748.28

0.00

1,080,165,748.28

0.00

1,080,165,748.28

1,084,963,853.87

2,165,129,602.15

21

KEBBI

903,495,465.25

0.00

903,495,465.25

0.00

903,495,465.25

673,951,239.80

1,577,446,705.06

22

KOGI

901,240,418.00

0.00

901,240,418.00

0.00

901,240,418.00

698,528,376.02

1,599,768,794.01

23

KWARA

821,272,059.45

0.00

821,272,059.45

0.00

821,272,059.45

536,452,066.65

1,357,724,126.10

24

LAGOS

1,283,026,031.96

0.00

1,283,026,031.96

0.00

1,283,026,031.96

901,427,200.53

2,184,453,232.48

25

NASS/WA

769,490,614.31

0.00

769,490,614.31

0.00

769,490,614.31

429,276,721.95

1,198,767,336.26

26

NIGER

1,050,960,503.49

0.00

1,050,960,503.49

0.00

1,050,960,503.49

869,911,720.03

1,920,872,223.53

27

OGUN

878,352,350.26

0.00

879,352,350.26

0.00

879,352,350.26

643,717,521.42

1,522,069,871.63

28

ONDO

842,350,782.32

726,488,982.70

1,568,839,765.02

0.00

1,568,839,765.02

594,184,907.71

2,163,024,672.73

29

OSUN

833,070,985.00

0.00

833,070,985.00

0.00

833,070,985.00

809,184,907.71

1,642,838,179.53

30

OYO

1,049,568,835.70

0.00

1,049,568,835.70

0.00

1,049,568,835.70

809,767,194.53

2,085,047,840.78

31

PLATEAU

881,427,812.63

0.00

881,427,812.63

0.00

881,427,812.63

1,035,479,005.08

1,474,149,645.25

32

RIVERS

985,412,776.60

4,466,818,405.76

5,452,231,182.35

0.00

5,452,231,182.35

592,721,832.62

6,228,372,504.18

33

SOKOTO

937,029,083.61

0.00

937,029,083.61

0.00

937,029,083.61

776,141,321.83

1,681,038,370.38

34

TARABA

887,549,703.59

0.00

887,549,703.59

0.00

887,549,703.59

744,009,286.77

1,479,794,424.18

35

YOBE

880,864,636.88

0.00

880,864,636.88

0.00

880,864,636.88

592,244,720.59

1,455,197,638.14

36

ZAMFARA

883,542,754.99

0.00

883,542,754.99

0.00

883,542,754.99

547,333,001.25

1,422,739,107.95

37

FCT-ABUJA

0.00

0.00

0.00

0.00

0.00

539,196,352.96

229,459,858.84

38

Escrow A/C

(Rivers &

Akwa-Ibom)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

39

STATE’S-

TOTAL

33,399,830,368.06

18,678,066,056.88

52,077,896,424.94

0.00

52,077,896,424.94

25,749,869,220.88

77,827,765,645.82

40

FGN and FCT

65,849,665,560.98

0.00

65,849,665,560.98

0.00

65,849,665,560.98

0.00

65,849,665,560.98

 

GRAND

TOTAL

99,249,495,929.03

18,678,066,056.88

117,927,561,985.92

0.00

117,927,561,985.92

25,749,869,220.88

143,677,431,206.80

This table is provided by the Economic Confidential

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