FAAC: The Sharing of N266bn Statutory and VAT Allocation in Nov 09

  The Sharing of N266bn Statutory VAT Allocation

Gross summary of Statutory Revenue and VAT  

As part of the two federal allocations, the Economic Confidential magazine provides here the distribution of a total sum of N266 billion being the statutory and VAT allocations shared to all tiers of government at November 2009 meeting of the monthly Federation Account Allocation Committee (FAAC). Other allocations are in Fact and Figures pages.

 

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

1,166,647,554.03

1,141,816,961.20

422,254,144.50

665,076,723.17

665,076,723.17

250,751,063.47

2,479,898,892.34

1

2

ADAMAWA

21

1,113,141,146.78

1,102,582,270.42

437,143,222.67

855,888,995.36

855,888,995.36

296,974,073.88

2,692,588,562.33

2

3

AKWA IBOM

31

4,155,773,064.86

4,071,782,825.70

623,718,711.10

1,128,745,411.55

1,128,745,411.55

494,804,676.81

6,319,051,625.16

3

4

ANAMBRA

21

1,124,358,513.19

1,074,660,614.24

465,822,411.50

848,444,348.34

848,444,348.34

318,926,979.40

2,707,854,353.48

4

5

BAUCHI

20

1,304,055,729.99

1,039,534,592.76

481,737,144.20

981,280,520.60

981,280,520.60

321,528,425.32

2,824,080,682.89

5

6

BAYELSA

8

2,143,895,609.48

1,623,700,623.28

360,988,165.50

361,027,744.13

361,027,744.13

129,103,073.85

2,474,892,606.76

6

7

BENUE

23

1,202,028,722.75

1,191,124,613.25

497,569,188.63

997,763,091.66

997,763,091.66

354,730,658.21

3,041,187,552.06

7

8

BORNO

27

1,326,273,453.60

1,314,077,877.66

463,932,568.88

1,146,703,741.17

1,146,703,741.17

371,657,937.67

3,296,372,125.38

8

9

CROSS RIVER

18

1,044,957,920.02

618,953,817.50

416,347,562.27

712,596,776.63

712,596,776.63

256,799,930.85

2,004,698,087.25

9

10

DELTA

25

3,763,083,795.54

3,426,524,795.95

548,358,251.33

941,866,574.24

941,866,574.24

400,139,491.58

5,316,883,113.10

10

11

EBONYI

13

922,837,178.23

901,371,136.41

408,212,997.32

507,676,783.28

507,676,783.28

203,047,455.90

2,020,308,372.92

11

12

EDO

18

1,245,066,727.30

1,125,944,573.38

435,569,377.44

713,230,717.31

713,230,717.31

269,420,747.56

1,544,165,415.68

12

13

EKITI

16

930,873,320.60

908,060,387.91

406,837,680.95

580,179,113.22

580,179,113.22

230,525,749.30

2,125,602,931.38

13

14

ENUGU

17

1,050,248,597.30

1,019,190,642.61

422,289,818.29

687,401,976.43

687,401,976.43

254,300,429.90

2,382,182,867.23

14

15

GOMBE

11

987,274,967.95

977,642,575.18

401,019,051.52

501,596,735.37

501,596,735.37

182,151,031.33

2,062,409,393.40

15

16

IMO

27

1,287,284,632.26

908,452,152.00

453,683,057.29

995,307,683.56

995,307,683.56

364,685,198.13

2,722,128,090.99

16

17

JIGAWA

27

1,231,603,068.99

1,206,326,787.91

474,591,793.73

1,044,230,264.96

1,044,230,264.96

378,745,162.40

3,103,894,009.00

17

€18

KADUNA

23

1,403,671,957.57

1,322,231,334.26

570,443,932.52

1,120,005,948.37

1,120,005,948.37

721,897,149.95

3,418,837,799.16

18

19

KANO

44

1,759,237,066.54

1,680,133,232.04

763,606,097.68

1,838,086,176.09

1,838,086,176.09

489,242,755.72

5,003,722,655.76

19

20

KATSINA

34

1,337,894,527.12

1,278,096,133.14

544,806,690.24

1,343,837,466.17

1,343,837,466.17

 

3,655,983,045.26

20

21

KEBBI

21

1,119,070,513.17

1,089,944,816.54

434,402,834.94

834,756,773.87

834,756,773.87

295,876,838.82

2,654,981,264.18

21

22

KOGI

21

1,116,277,409.07

1,076,156,377.18

432,419,294.28

865,198,042.80

865,198,042.80

 

2,668,789,486.61

22

23

KWARA

16

1,017,228,509.02

960,223,033.40

196,979,461.14

664,450,141.26

664,450,141.26

 

2,046,636,627.34

23

24

LAGOS

20

1,589,157,505.72

1,047,330,867.32

3,469,614,545.62

1,116,508,758.12

1,116,508,758.12

2,003,480,159.29

7,636,934,330.35

24

25

NASSARAWA

13

953,091,952.04

905,452,893.51

366,265,944.64

531,702,637.14

531,702,637.14

177,946,897.80

1,981,368,373.09

25

26

NIGER

25

1,301,720,877.63

1,096,456,693.13

466,769,597.46

1,077,473,648.06

1,077,473,648.06

354,041,842.43

2,994,741,781.08

26

27

OGUN

20

1,087,928,222.28

1,031,820,980.37

453,240,312.01

797,309,255.81

797,309,255.81

300,247,661.97

2,582,618,210.17

27

28

ONDO

18

1,649,879,354.77

1,618,105,812.26

430,885,834.44

735,958,104.01

735,958,104.01

268,155,957.70

3,053,105,708.42

28

29

OSUN

30

1,031,842,671.65

995,662,298.92

438,578,405.19

1,002,978,507.21

1,002,978,507.21

380,239,763.79

2,817,459,038.11

29

30

OYO

33

1,299,997,156.31

1,122,714,765.23

577,172,264.73

1,282,545,476.05

1,282,545,476.05

496,984,607.41

3,479,417,113.43

30

31

PLATEAU

17

1,091,737,493.48

995,254,543.35

455,062,202.23

734,145,937.53

734,145,937.53

270,992,964.72

2,455,455,647.84

31

32

RIVERS

23

3,964,873,845.96

3,935,522,746.89

727,554,916.46

961,329,525.95

961,329,525.95

487,960,320.78

6,112,367,510.08

32

33

SOKOTO

23

1,160,605,291.09

1,141,313,308.45

440,570,028.42

921,530,750.70

921,530,750.70

320,021,352.52

2,823,432,440.09

33

34

TARABA

16

1,099,320,074.60

1,088,472,745.42

381,351,731.45

733,554,986.03

733,554,986.03

215,902,822.51

2,419,282,285.41

34

35

YOBE

17

1,091,039,943.36

1,064,947,118.49

393,128,411.71

711,369,510.04

711,369,510.04

231,547,743.19

2,400,992,782.43

35

36

ZAMFARA

14

1,094,357,063.50

1,083,477,001.80

426,134,634.92

667,849,217.41

667,849,217.41

228,465,127.51

2,405,925,981.64

36

37

FCT-ABUJA

6

0.00

0.00

0.00

284,209,242.72

284,209,242.72

675,894,001.43

960,103,244.15

37

38

 STATE’S-TOTAL

774

52,168,335,437.75

48,185,063,949.05

19,689,066,287.21

31,893,817,369.64

31,893,817,369.64

13,922,346,401.05

113,690,294,006.96

38

39

FGN

 

81,561,470,826.82

78,638,609,992.10

5,966,719,886.16

0.00

0.00

0.00

84,605,329,878.26

39

40

FCT-ABUJA

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

40

41

Less:Cost of Collection-NCS

 

2,012,528,072.08

2,012,528,072.08

0.00

0.00

0.00

0.00

2,012,528,072.08

41

42

Transfer to Excess Crude Acct

 

55,440,010,141.25

55,440,010,141.25

0.00

0.00

0.00

0.00

55,440,010,141.25

42

43

Less: 4%Cost of Collection – FIRS VAT

 

2,325,602,601.61

2,325,602,601.61

1,657,422,190.60

0.00

0.00

0.00

3,983,024,792.21

43

44

 

 

 

 

 

 

 

 

6,906,132,323.42

44

45

TOTAL DEDUCTION

 

0.00

6,906,132,323.42

0.00

0.00

0.00

0.00

0.00

45

46

Local Government 

 

31,893,817,369.64

31,893,817,369.64

 

13,922,346,401.05

0.00

0.00

0.00

200,000,000.00

46

49

Less: FIRS Stamp Duty Refunds

 

0.00

0.00

200,000,000.00

0.00

0.00

0.00

0.00

49

 

GRAND TOTAL

 

225,401,764,449.16

225,401,764,449.16

41,435,554,765.03

31,893,817,369.64

31,893,817,369.64

13,922,346,401.05

266,837,319,214.19

 

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

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