FAAC: How They share N521bn in October 2010

Aganga, Finance Minister
FAAC: How they Shared N521bn in October 2010
The Economic Confidential magazine provides here the distribution of a total sum of N521 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 October 2010. From the table of net disbursements, the highest recipients are from the oil producing states with Rivers receiving N14.7bn, Akwa Ibom N14bn, Bayelsa N11.5b and Delta N11.2bn. The highest recipients from non-oil –producing states are Lagos N11.6bn and Kano N9.3bn.

The lowest recipients as revealed in the table below are Gombe N3.7bn, Nasarawa N3.7bn, Ebonyi N3.1bn and Ekiti N3.8bn. The Economic Confidential can also confirm other disbursements in September 2010: Federal N173bn, FCT Councils N1.1bn, Nigerian Customs Service (NCS) N1.9bn, and Federal Inland Revenue Service (FIRS) N4.4bn.

 

 

 

State government

 

Local government

 

 

1

s/no

2

state

3

no of lgCs

FED & STATES

ALLOCATION

net MINERAL REVENUE

TOTAL

(3+4)

   TOTAL DEDUCTION

STATE NET

   LG NET ALLOCATION

     total

s/no

 

 

 

=N=

=N=

 

=N=

=N=

=N=

=N=

 

1

ABIA

17

2,548,398,095.63

2,504,595,562.77

478,089,430.94

1,411,705,253.02

1,411,705,253.02

285,183,479.02

4,679,553,725.75

1

2

ADAMAWA

21

2,362,775,826.48

1,878,802,688.50

501,261,753.16

1,816,727,226.58

1,816,727,226.58

342,796,310.23

4,539,587,978.46

2

3

AKWA IBOM

31

10,475,456,392.16

10,657,485,297.92

529,835,857.12

2,395,897,753.27

2,395,897,753.27

468,725,700.04

14,051,944,608.35

3

4

ANAMBRA

21

2,386,586,034.42

2,323,956,089.52

558,671,237.20

1,800,925,068.81

1,800,925,068.81

382,032,341.16

5,065,584,736.69

4

5

BAUCHI

20

2,768,014,967.47

2,564,561,554.62

575,636,039,41

2,082,885,804.53

2,082,885,804.53

383,818,789.25

5,606,902,187.81

5

6

BAYELSA

8

12,001,693,998.32

10,235,810,227.55

411,229,099.23

766,324,763.92

766,324,763.92

144,905,695.75

11,558,269,786.44

6

7

BENUE

23

2,551,450,386.20

2,165,060,278.04

553,925,249.71

2,117,872,042.59

2,117,872,042.59

400,382,907.43

5,237,240,477.76

7

8

BORNO

27

2,815,174,755.26

2,795,296,600.48

568,807,199.10

2,434,016,465.57

2,434,016,465.57

451,227,202.35

6,249,347,467.50

8

9

CROSS RIVER

18

2,497,891,351.80

2,397,891,351.80

482,743,198.62

1,512,572,275.95

1,512,572,275.95

298,756,000.02

4,691,962,826.38

9

10

DELTA

25

9,442,015,796.61

8,717,222,832.73

649,075,081.58

1,999,224,967.84

1,999,224,967.84

478,568,159.22

11,844,091,041.37

10

11

EBONYI

13

1,958,832,788.46

1,380,853,971.69

451,102,295.31

1,077,604,969.21  

1,077,604,969.21  

223,786,464.22

3,133,347,700.44

11

12

EDO

18

2,521,969,570.24

2,319,140,384.50

513,013,816.05

1,513,917,891.20

1,513,917,891.20

318,543,226.49

4,664,615,318.24

12

13

EKITI

16

1,975,890,466.17

1,941,769,249.41

446,674,982.46

1,231,499,875.56

1,231,499,875.56

253,623,147.39

3,873,567,254.83

13

14

ENUGU

17

2,229,278,833.74

2,209,861,633.25

501,122,869.08

1,459,093,285.41

1,459,093,285.41

300,977,901.63

4,471,056,689.37

14

15

GOMBE

11

2,095,609,739.24

1,994,368,508.61

491,701,870.06

1,064,699,337.00

1,064,699,337.00

228,115,293.22

3,778,885,008.88

15

16

IMO

27

2,781,431,330.53

2,384,519,531.67

547,647,415.41

2,112,660,143.25

2,112,660,143.25

437,456,712.71

5,482,283,803.05

16

17

JIGAWA

27

2,614,225,489.40

2,573,838,608.15

554,099,516.78

2,216,504,200.26

2,216,504,200.26

443,182,315.53

5,787,624,640.72

17

18

KADUNA

23

2,979,462,379.26

2,661,597,728.02

670,323,623.91

2,377,347,192.65

2,377,347,192.65

479,019,453.81

6,188,287,998.38

18

19

KANO

44

3,734,192,043.72

3,645,497,182.98

945,892,668.52

3,901,558,752.36

3,901,558,752.36

881,712,259.46

9,374,660,863.32

19

20

KATSINA

34

2,839,841,880.05

2,780,126,467.03

625,753,062.57

2,852,456,482.24

2,852,456,482.24

566,656,678.73

6,824,992,690.57

20

21

KEBBI

21

2,375,381,619.04

2,317,955,418.93

504,121,848.75

1,771,871,547.45

1,771,871,547.45

344,838,888.37

4,938,787,681.50

21

22

KOGI

21

2,369,432,920.00

2,282,035,191.13

518,552,442.37

1,836,486,798.23

1,836,486,798.23

353,757,565.45

4,990,831,997.21

22

23

KWARA

16

2,159,189,729.05

2,133,976,454.92

265,648,540.76

1,410,375,257.63

1,410,375,257.63

265,061,934.01

4,075,062,187.32

23

24

LAGOS

20

3,373,177,741.06

2,731,113,010.93

4,059,002,028.16

2,369,923,986.16

2,369,923,986.16

2,513,616,811.89

11,673,655,837.14

24

25

NASSARAWA

13

2,023,052,180.94

1,961,846,767.23

422,760,384.27

1,128,602,730.70

1,128,602,730.70

205,251,888.24

3,718,461,770.44

25

26

NIGER

25

2,763,058,962.81

2,080,726,769.28

537,922,146.71

2,287,067,275.03

2,287,067,275.03

410,568,497.32

5,316,284,688.33

26

27

OGUN

20

2,309,258,364.92

2,287,763,053.43

530,870,780.71

1,692,384,691.11

1,692,384,691.11

352,663,583.21

4,863,682,108.46

27

28

ONDO

18

3,509,667,328.93

3,454,574,790.74

562,907,298.26

1,562,159,500.15

1,562,159,500.15

349,752,019.97

5,929,393,609.12

28

29

OSUN

30

2,190,210,045.10

2,130,664,656.68

539,867,208.21

2,128,942,521.81

2,128,942,521.81

462,092,251.15

5,261,566,637.85

29

30

OYO

33

2,759,400,157.20

2,526,704,996.98

661,819,525.31

2,722,356,869.06

2,722,356,869.06

577,096,245.63

6,487,977,636.99

30

31

PLATEAU

17

2,317,344,000.72

2,200,841,240.93

499,278,825.25

1,558,312,959.07

1,558,312,959.07

299,515,609.50

4,557,948,634.79

31

32

RIVERS

23

11,004,961,297.61

11,040,725,336.52

998,507,811.25

2,040,537,421.30

2,040,537,421.30

674,003,751.98

14,753,774,321.05

32

33

SOKOTO

23

2,463,524,175.52

2,436,079,476.24

512,358,050.25

1,956,059,739.06

1,956,059,739.06

372,904,248.00

5,277,401,513.56

33

34

TARABA

16

2,333,438,940.18

2,322,040,182.20

457,880,278.11

1,557,058,593.50

1,557,058,593.50

260,046,199.43

4,597,025,253.24

34

35

YOBE

17

2,315,863,366.77

2,168,709,512.05

460,849,924.73

1,509,967,255.16

1,509,967,255.16

272,468,548.12

4,411,995,240.07

35

36

ZAMFARA

14

2,322,904,352.82

1,977,919,601.38

500,590,263.26

1,417,590,205.15

1,417,590,205.15

269,072,029.43

4,165,172,099.22

36

37

FCT-ABUJA

6

0.00

0.00

0.00

603,268,265.04

603,268,265.04

550,520,445.06

1,153,788,710.10

37

38

         STATE’S-TOTAL

774

124,170,037,307.81

116,185,932,208.81

23,089,543,620.64

67,698,459,366.83

67,698,459,366.83

16,302,680,534.44

223,276,615,730.72

38

39

FGN

 

169,901,791,812.11

166,524,821,601.51

6,521,072,213.78

0.00

0.00

0.00

173,045,893,815.29

39

40

FCT-ABUJA

3,222,229,520.15

2,877,473,270.15

465,790,872.41

0.00

0.00

0.00

3,343,264,142.57

40

41

Cost of Collection-NCS

1,960,126,780.57

1,960,126,780.57

0.00

0.00

0.00

0.00

1,960,126,780.57

41

42

Transfer to Excess Crude

51,666,501,655.52

51,666,501,655.52

0.00

0.00

0.00

0.00

51,666,501,655.52

42

43

4% Cost of Collection-FIRS VAT

2,469,355,212.52

2,469,355,212.52

1,940,795,301.72

0.00

0.00

0.00

4,410,150,514.24

43

44

TOTAL DEDUCTION

0.00

11,705,831,559.61

200,000,000.00

0.00

0.00

0.00

11,905,831,559.61

44

45

Transfer to Oil Excess Revenue

30,164,727,359.70

30,164,727,359.70

0.00

0.00

0.00

0.00

30,164,727,359.70

45

46

Transfer from Excess Domestic to Sub

21,304,680,105.76

21,304,680,105,76

0.00

0.00

0.00

0.00

21,304,680,105.76

46

47

FIRS Tax Refund

0.00

0.00

0.00

0.00

0.00

0.00

0.00

47

48

Local Government

67,698,459,366.83

67,698,459,366.83

16,302,680,534.44

0.00

0.00

0.00

0.00

48

 

GRAND TOTAL

472,557,909,120.98

472,557,909,120.98

48,519,882,542.99

67,698,459,366.83

67,698,459,366.83

16,302,680,534.44

521,077,791,663.97

 

This table is exclusively provided by the Economic Confidential magazine.

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