FAAC: How FG and States Shared N550bn in Sept 2010

The Economic Confidential magazine provides the distribution of a total sum of N550 billion being the Statutory and VAT allocations shared to all tiers of government at the monthly meeting of the Federation Account Allocation committee (FAAC) in September 2010. 

From the table of net disbursements after deductions, the highest recipients are from the oil producing states with Akwa Ibom receiving N16.2bn, Rivers N15.4bn, Delta N11.2bn and Bayelsa N6.9b. The highest recipients from non-oil –producing states are Lagos N11.8bn and Kano N9.3bn.

The lowest recipients as revealed in the table below are Ekiti N3.9bn, Gombe N3.7bn, Nasarawa N3.7bn and Ebonyi N3.1bn. The Economic Confidential can also confirm other disbursements in September 2010: Federal Government N172bn, MFCT N3.6bn, FCT Councils N1.1bn, Nigerian Customs Service (NCS) N1.8bn, and Federal Inland Revenue Service (FIRS) N5.1bn.

 

   

STATE

GOVERNMENT

   

LOCAL GOVERNMENTS

   

 

1

S/NO

2

STATES

3

NO OF L/GOVTS

4

GROSS STATUTORY + MIN REVENUE

5

NET STATUTORY + MINERAL REVENUE

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)

S/NO

 

   

=N=

=N=

=N=

=N=

=N=

=N=

=N=

 

1

ABIA

17

2,603,085,580.27

2,559,283,047.41

476,783,363.75

1,410,327,211.37

1,410,327,211.37

284,334,643.42

4,730,728,265.95

1

2

ADAMAWA

21

2,360,469,393.53

1,876,496,255.55

515,608,211.44

1,814,953,821.13

1,814,953,821.13

351,375,625.57

4,558,433,913.68

2

3

AKWA IBOM

31

12,293,144,852.77

12,475,173,758.54

750,831,124.25

2,393,558,988.23

2,393,558,988.23

601,817,591.43

16,221,381,462.44

3

4

ANAMBRA

21

2,384,256,359.05

2,321,626,414.15

558,226,057.47

1,799,167,088.70

1,799,167,088.70

381,679,882.22

5,060,699,442.53

4

5

BAUCHI

20

2,765,312,958.74

2,599,462,284.59

567,041,517.00

2,080,852,587.34

2,080,852,587.34

378,580,244.69

5,625,936,633.61

5

6

BAYELSA

8

7,328,634,671.59

5,562,750,900.81

431,146,354.81

765,576,712.97

765,576,712.97

156,889,603.15

6,916,363,571.75

6

7

BENUE

23

2,548,959,777.84

2,162,569,669.68

538,586,537.53

2,115,804,673.44

2,115,804,673.44

391,084,503.21

5,208,045,383.86

7

8

BORNO

27

2,812,426,711.31

2,792,548,556.53

546,238,064.60

2,431,640,490.79

2,431,640,490.79

437,510,671.75

6,207,937,783.66

8

9

CROSS RIVER

18

2,580,429,760.79

2,480,429,760.79

496,069,117.55

1,511,095,772.56

1,511,095,772.56

306,734,493.42

4,794,329,144.31

9

10

DELTA

25

8,959,538,241.22

8,234,745,277.34

594,441,682.02

1,997,273,416.49

1,997,273,416.49

445,240,046.34

11,271,700,422.20

10

11

EBONYI

13

1,956,920,666.11

1,378,941,849.34

447,350,507.70

1,076,553,060.87  

1,076,553,060.87  

221,459,109.90

3,124,304,527.80

11

12

EDO

18

2,436,325,915.87

2,233,496,730.14

505,486,435.91

1,512,440,074.28

1,512,440,074.28

313,912,183.31

4,565,335,423.64

12

13

EKITI

16

1,973,961,692.90

1,947,554,413.64

465,085,637.55

1,230,297,742.10

1,230,297,742.10

264,700,931.98

3,907,638,725.27

13

14

ENUGU

17

2,227,102,714.41

2,207,685,513.92

508,089,563.21

1,457,668,985.75

1,457,668,985.75

305,126,137.20

4,478,570,200.07

14

15

GOMBE

11

2,093,564,101.52

2,074,400,995.89

449,872,982.43

1,063,660,026.54

1,063,660,026.54

202,738,676.92

3,790,672,681.78

15

16

IMO

27

2,794,876,383.48

2,397,964,584.62

535,926,767.23

2,110,597,861.72

2,110,597,861.72

430,311,269.74

5,474,800,483.30

16

17

JIGAWA

27

2,611,673,602.87

2,571,286,721.62

557,914,478.33

2,214,340,550.93

2,214,340,550.93

445,446,241.34

5,788,987,992.23

17

18

KADUNA

23

2,976,553,965.30

2,658,689,314.06

650,711,521.12

2,375,026,535.80

2,375,026,535.80

467,064,334.16

6,151,491,705.14

18

19

KANO

44

3,730,546,897.42

3,641,852,036.68

930,411,375.69

3,897,750,230.39

3,897,750,230.39

871,872,189.20

9,341,885,831.96

19

20

KATSINA

34

2,837,069,757.20

2,777,354,344.18

623,883,799.37

2,849,672,045.58

2,849,672,045.58

565,505,822.91

6,816,416,012.04

20

21

KEBBI

21

2,373,042,900.42

2,330,796,075.31

503,839,497.04

1,770,141,928.06

1,770,141,928.06

344,609,204.86

4,949,386,705.26

21

22

KOGI

21

2,367,119,988.70

2,336,253,509.83

521,641,228.91

1,834,694,104.39

1,834,694,104.39

355,514,032.02

5,048,102,875.15

22

23

KWARA

16

2,157,082,027.47

2,131,868,753.34

259,428,206.40

1,408,998,514.26

1,408,998,514.26

261,233,270.20

4,061,528,744.20

23

24

LAGOS

20

3,369,885,000.29

2,727,820,270.16

4,168,717,231.96

2,367,610,575.51

2,367,610,575.51

2,567,965,447.90

11,832,113,525.53

24

25

NASSARAWA

13

2,021,077,370.57

1,959,871,976.86

440,295,875.56

1,127,501,040.69

1,127,501,040.69

215,792,030.33

3,743,460,903.44

25

26

NIGER

25

2,760,361,791.90

2,602,289,770.51

536,142,652.32

2,284,834,745.28

2,284,834,745.28

409,447,273.20

5,832,714,441.31

26

27

OGUN

20

2,307,004,173.26

2,285,508,861.77

529,986,708.13

1,690,732,663.12

1,690,732,663.12

352,063,567.40

4,858,291,800.42

27

28

ONDO

18

3,681,327,631.79

3,626,235,093.60

508,201,660.31

1,560,634,591.99

1,560,634,591.99

316,565,421.16

6,011,636,767.06

28

29

OSUN

30

2,188,072,062.92

2,128,526,674.50

504,092,987.41

2,126,864,346.17

2,126,864,346.17

440,395,794.68

5,199,879,802.76

29

30

OYO

33

2,756,706,557.85

2,533,198,897.63

650,447,335.10

2,719,699,429.66

2,719,699,429.66

570,055,394.23

6,473,401,056.61

30

31

PLATEAU

17

2,315,081,916.23

2,198,579,156.44

502,616,832.57

1,556,791,805.73

1,556,791,805.73

301,470,546.34

4,559,458,341.08

31

32

RIVERS

23

11,793,804,175.21

1,900,818,214.12

907,760,763.31

2,038,545,542.64

2,038,545,542.64

617,867,781.43

15,464,992,301.51

32

33

SOKOTO

23

2,461,119,396.68

2,433,674,697.40

512,963,757.32

1,954,150,323.62

1,954,150,323.62

373,264,143.24

5,274,052,921.58

33

34

TARABA

16

2,331,161,144.55

2,319,762,386.57

447,491,566.70

1,555,538,664.61

1,555,538,664.61

253,721,847.07

4,576,514,464.95

34

35

YOBE

17

2,313,602,727.61

2,281,367,622.89

456,212,064.40

1,508,493,294.67

1,508,493,294.67

269,601,940.46

4,515,674,922.41

35

36

ZAMFARA

14

2,320,636,840.56

1,986,339,589.12

491,427,314.25

1,416,206,418.88

1,416,206,418.88

263,505,195.81

4,157,478,518.07

36

37

FCT-ABUJA

6

0.00

0.00

0.00

602,679,382.34

602,679,382.34

567,222,454.28

1,169,901,836.62

37

38

         STATE’S-TOTAL

774

121,791,939,710.16

114,737,223,959.49

23,090,970,780.66

67,632,375,248.55

67,632,375,248.55

16,303,679,546.46

221,764,249,536.17

 

39

FGN

 

169,736,004,082.36

169,359,033,871.76

6,521,471,818.59

0.00

0.00

0.00

172,880,505,690.34

38

40

FCT-ABUJA

3,219,021,553.25

3,219,021,553.25

465,819,415.61

0.00

0.00

0.00

3,684,840,968.86

39

41

Cost of Collection-NCS

1,882,309,863.05

1,882,309,863.05

0.00

0.00

0.00

0.00

1,882,309,863.05

39

42

Transfer to Excess Crude

63,895,401,930.60

63,895,401,930.60

0.00

0.00

0.00

0.00

63,895,401,930.60

40

43

4% Cost of Collection-FIRS VAT

3,219,169,936.97

3,219,169,936.97

1,940,914,231.72

0.00

0.00

0.00

5,160,084,168.69

42

44

TOTAL DEDUCTION

0.00

10,431,685,961.27

200,000,000.00

0.00

0.00

0.00

10,631,685,961.27

43

45

Transfer to Oil Excess Revenue

33,807,908,319.16

33,807,908,319.16

0.00

0.00

0.00

0.00

33,807,908,319.16

44

46

Transfer from Excess Domestic to Sub

34,357,205,739.47

34,357,205,739.47

0.00

0.00

0.00

0.00

34,357,205,739.47

45

47

FIRS Tax Refund

1,941,179,605.68

1,941,179,605.68

0.00

0.00

0.00

0.00

1,941,179,605.68

46

48

Local Government

67,632,375,248.55

67,632,375,248.55

16,303,679,546.46

0.00

0.00

0.00

0.00

46

 

GRAND TOTAL

501,482,515,989.23

501,482,515,989.23

48,522,855,793.05

67,632,375,248.55

67,632,375,248.55

16,303,679,546.46

550,005,371,782.28

0.00

 

 

 

 

 

 

 

 

 

 

 

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