Federation Account: How They Share N607bn in July 2010

The Economic Confidential magazine provides here the distribution of a total sum of N607 billion being the Statutory and VAT allocations shared to all tiers of government in July 2010. From the table of net disbursements, the highest recipients are from the oil producing states with Akwa Ibom receiving N17.4bn, Rivers N15.7bn, Delta N9.6bn, Bayelsa N5.5b. The highest recipients from non-oil –producing states are Lagos N12.5n and Kano N9.4bn.
 
The lowest recipients as revealed in the table below are Gombe N3.5bn, Nasarawa N3.6bn, Ebonyi N3.6bn and Ekiti N3.9bn. The Economic Confidential can also confirm other disbursements in July 2010: Federal N172bn, FCT Councils N1.2bn, Nigerian Customs Service (NCS) N1.8bn, and Federal Inland Revenue Service (FIRS) N4.9bn.
 
 
BENEFICIAIES
STATE GOVERNMENTS
LOCAL GOVERNMENTS
TOTAL PAID
 
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
2,585,658,795.79
1,539,259,030.83
532,515,466.81
1,399,917,822.78
1,399,917,822.78
317,571,055.23
3,789,263,377.65
1
2
ADAMAWA
21
2,343,047,164.86
1,859,074,026.88
575,878,626.05
1,801,557,951.40
1,801,557,951.40
392,448,584.00
4,628,959,188.33
2
3
AKWA IBOM
31
13,920,440,166.47
13,543,352,747.45
838,597,188.00
2,375,892,530.81
2,375,892,530.81
672,165,182.77
17,430,007,649.04
3
4
ANAMBRA
21
2,366,658,562.78
2,261,752,713.95
623,478,152.34
1,785,887,738.19
1,785,887,738.19
426,295,162.27
5,097,413,766.75
4
5
BAUCHI
20
2,744,902,647.62
2,490,059,211.82
633,324,067.53
2,065,494,163.41
2,065,494,163.41
422,833,202.27
5,611,710,645.04
5
6
BAYELSA
8
5,981,629,868.12
4,115,256,719.04
481,543,863.98
759,926,119.67
759,926,119.67
175,228,724.25
5,531,955,426.93
6
7
BENUE
23
2,530,146,333.26
2,176,404,704.88
601,542,931.94
2,100,188,274.03
2,100,188,274.03
436,799,107.11
5,314,935,017.96
7
8
BORNO
27
2,791,668,661.49
2,771,790,506.71
610,088,860.41
2,413,692,960.19
2,413,692,960.19
488,652,117.90
6,284,224,445.21
8
9
CROSS RIVER
18
2,199,528,513.50
2,045,348,794.75
554,055,570.69
1,499,942,628.11
1,499,942,628.11
342,589,265.86
4,441,936,259.41
9
10
DELTA
25
9,145,553,646.58
6,526,903,345.59
663,927,089.43
1,982,531,876.41
1,982,531,876.41
497,284,993.65
9,670,647,305.07
10
11
EBONYI
13
1,942,476,962.91
1,858,898,745.14
499,642,150.80
1,068,607,203.30
1,068,607,203.30
247,345,882.21
3,674,493,981.44
11
12
EDO
18
2,512,810,574.79
1,900,284,463.41
564,573,697.12
1,501,277,007.78
1,501,277,007.78
350,605,969.44
4,316,741,137.75
12
13
EKITI
16
1,959,392,212.74
1,919,372,433.48
519,450,373.37
1,221,217,120.83
1,221,217,120.83
295,642,322.29
3,955,682,249.97
13
14
ENUGU
17
2,210,664,842.83
2,018,419,517.34
567,481,108.87
1,446,910,175.46
1,446,910,175.46
340,792,905.86
4,373,603,707.52
14
15
GOMBE
11
2,078,111,856.05
1,805,814,375.42
502,459,482.35
1,055,809,330.29
1,055,809,330.29
226,437,182.58
3,590,520,370.63
15
16
IMO
27
2,854,566,979.48
2,185,914,894.16
598,572,256.08
2,095,019,892.91
2,095,019,892.91
480,611,164.23
5,360,118,207.39
16
17
JIGAWA
27
2,592,397,278.07
2,254,813,521.82
623,130,152.13
2,197,996,874.74
2,197,996,874.74
497,515,291.17
5,573,455,839.86
17
18
KADUNA
23
2,954,584,519.74
2,557,032,368.50
726,774,415.97
2,357,496,863.31
2,357,496,863.31
521,660,363.55
6,162,964,011.33
18
19
KANO
44
3,703,012,356.50
3,614,317,495.76
1,039,168,913.15
3,868,981,589.71
3,868,981,589.71
973,786,970.93
9,496,254,969.56
19
20
KATSINA
34
2,816,129,821.19
2,552,976,908.17
696,810,751.31
2,828,639,094.20
2,828,639,094.20
631,608,863.27
6,710,035,616.94
20
21
KEBBI
21
2,355,527,868.81
1,641,567,449.95
562,734,244.46
1,757,076,807.39
1,757,076,807.39
384,891,223.64
4,346,269,725.43
21
22
KOGI
21
2,349,648,673.11
2,054,594,694.24
582,616,854.29
1,821,152,534.94
1,821,152,534.94
397,070,736.57
4,855,434,820.04
22
23
KWARA
16
2,141,160,966.84
2,115,947,692.71
313,131,634.44
1,398,598,932.56
1,398,598,932.56
291,769,319.00
4,119,447,578.71
23
24
LAGOS
20
3,345,012,444.34
2,702,947,714.21
4,656,006,437.95
2,350,135,638.97
2,350,135,638.97
2,868,139,763.99
12,577,229,555.13
24
25
NASSARAWA
13
2,006,160,137.50
1,806,017,223.79
491,762,889.43
1,119,179,144.63
1,119,179,144.63
241,016,367.04
3,657,975,624.89
25
26
NIGER
25
2,739,988,024.51
2,296,541,003.12
598,813,376.39
2,267,970,763.27
2,267,970,763.27
457,308,335.86
5,620,633,478.64
26
27
OGUN
20
2,289,976,562.41
2,268,481,250.92
591,937,852.29
1,678,253,648.92
1,678,253,648.92
393,216,940.65
4,931,889,692.78
27
28
ONDO
18
4,106,971,292.59
3,882,542,632.57
567,606,309.21
1,549,115,809.83
1,549,115,809.83
353,569,349.26
6,352,834,100.87
28
29
OSUN
30
2,171,922,270.04
2,112,376,881.62
563,017,365.80
2,111,166,317.17
2,111,166,317.17
491,874,488.29
5,278,435,052.87
29
30
OYO
33
2,736,359,769.13
2,391,427,624.54
726,479,348.74
2,699,625,784.35
2,699,625,784.35
636,690,242.54
6,454,223,000.18
30
31
PLATEAU
17
2,297,994,684.92
1,986,754,425.13
561,368,660.44
1,545,301,386.53
1,545,301,386.53
336,710,006.10
4,430,134,478.21
31
32
RIVERS
23
12,307,093,957.27
12,068,365,671.32
1,013,870,628.04
2,023,499,379.92
2,023,499,379.92
690,091,509.71
15,795,827,188.99
32
33
SOKOTO
23
2,442,954,287.22
2,415,509,587.94
572,925,056.71
1,939,727,067.86
1,939,727,067.86
416,895,691.71
5,345,057,404.22
33
34
TARABA
16
2,313,955,235.15
2,302,556,477.17
499,799,698.46
1,544,057,494.64
1,544,057,494.64
283,379,871.48
4,629,793,541.75
34
35
YOBE
17
2,296,526,413.94
2,247,191,309.22
509,539,551.55
1,497,359,358.68
1,497,359,358.68
301,116,218.88
4,555,206,438.33
35
36
ZAMFARA
14
2,303,508,609.29
1,969,211,357.85
548,871,178.26
1,405,753,636.85
1,405,753,636.85
294,306,814.27
4,218,142,987.23
36
37
FCT-ABUJA
6
                       0.00
                        0.00
                       0.00
598,231,106.91
598,231,106.91
633,526,154.91
1,231,757,261.82
37
38
         STATE’S-TOTAL
774
122,438,142,961.81
108,259,079,521.38
25,813,496,206.77
67,133,192,030.96
67,133,192,030.96
18,209,447,344.74
219,415,215,103.86
 
39
FGN
168,483,684,243.30
165,106,714,032.70
7,283,778,937.90
                      0.00
                      0.00
                      0.00
172,390,492,970.59
38
40
FCT-ABUJA
3,194,789,358.22
3,020,375,639.47
520,269,924.14
                      0.00
                      0.00
                      0.00
3,540,645,563.60
39
41
Cost of Collection-NCS
1,887,196,750.47
1,887,196,750.47
                      0.00
                      0.00
                      0.00
                      0.00
   1,887,196,750.47                  
39
42
Transfer to Excess Crude
47,137,631,042.76
47,137,631,042.76
                       0.00
                      0.00
                      0.00
                      0.00
47,137,631,042.76
40
43
4% Cost of Collection-FIRS VAT
2,750,994,655.24
2,750,994,655.24
2,167,791,350.56
                      0.00
                      0.00
                      0.00
4,918,786,005.81
42
44
TOTAL DEDUCTION
                         0.00
17,730,447,369.78
200,000,000.00
                      0.00
                      0.00
                      0.00
17,930,447,369.78
43
45
Transfer to Oil Excess Revenue
75,811,992,400.99
75,811,992,400.99
                       0.00
                      0.00
                      0.00
                      0.00
75,811,992,400.99
44
46
Transfer from Excess Domestic to Sub
62,502,485,964.82
62,502,485,964.82
                       0.00
                      0.00
                      0.00
                      0.00
62,502,485,964.82
45
47
Transfer to Non Oil Excess Revenue
1,850,872,963.71
1,850,872,963.71
                       0.00
                      0.00
                      0.00
                      0.00
1,850,872,963.71
46
48
Local Government
67,133,192,030.96
67,133,192,030.96
18,209,447,344.74
                      0.00
                      0.00
                      0.00
                             0.00
46
 
GRAND TOTAL
553,190,982,372.28
553,190,982,372.28
54,194,783,764.11
67,133,192,030.96
67,133,192,030.96
18,209,447,344.74
607,385,766,136.39
0.00
Table provided by the Economic Confidential magazine www.economicconfidential.com

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