Federation Account: How They Share N724bn in June, 2011

Gross summary of Statutory Revenue and VAT

The Economic Confidential magazine provides here the distribution of a total sum of N724.2 billion being the statutory and VAT allocations shared to all tiers of government at the meeting of the Federation Account Allocation Committee (FAAC) in June 2011. From the total disbursement of nets after deductions, the highest recipients are from the oil producing states with Rivers receiving N15.9bn, Delta N15bn, Akwa Ibom N17.2bn and Bayelsa N8.8bn. The highest recipients from non-oil –producing states are Lagos N12.3bn and Kano N9.8bn.

The lowest recipients as revealed in the table below are Gombe N3.9bn, Nasarawa N3.3bn, Ebonyi N3.3bn and Ekiti N4.1bn. The Economic Confidential can also confirm other disbursements in June, 2011: Federal Government N184.8bn, FCT Councils N3.7billion, Nigerian Customs Service (NCS) N2.6bn, and Federal Inland Revenue Service (FIRS) N3.6bn.


 

 

    STATE

GOVERNMENT

    LOCAL GOVERNMENTS    
 

2
STATES

3
NO
OF
LGS
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)
 

    =N=

=N=

=N=

=N=

=N=

=N=

=N=

1

ABIA

17

2,605,240,127.00

2,580,347,162.97

527,809,125.90

1,505,145,569.20

1,387,059,273.64

314,086,392.41

4,809,301,954.92

2

ADAMAWA

21

2,519,167,197.70

2,294,275,031.63

564,554,416.87

1,936,975,816.78

1,807,407,367.42

383,483,893.87

5,049,720,709.80

3

A/IBOM

31

13,140,511,643.18

13,440,185,252.34

749,719,180.01

2,554,481,454.17

2,405,492,899.46

606,834,062.40

17,202,231,394.21

4

ANAMBRA

21

2,544,553,395.65

2,467,100,301.58

631,291,783.76

1,920,127,719.28

1,819,199,988.67

428,204,607.63

5,345,796,681.64

5

BAUCHI

20

2,951,228,,986.97

2,700,468,541.04

642,453,551.42

2,220,751,345.32

2,047,298,915.64

426,505,965.49

5,816,726,973.59

6

BAYELSA

8

9,754,453,775.07

7,413,566,247.91

483,151,622.46

817,047,553.31

778,598,894.03

175,345,084.36

8,850,662,848.76

7

BENUE

23

2,720,330,065.79

2,544,722,503.37

609,289,009.81

2,258,053,311.21

2,147,513,415.78

439,928,980.24

5,741,453,909.20

8

BORNO

27

3,001,510,265.92

2,992,725,690.69

665,690,714.63

2,595,123,231.76

2,429,440,984.24

516,583,885.67

6,604,441,275.24

9

C/RIVER

18

2,754,952,787.43

2,759,729,695.08

535,599,908.40

1,612,688,947.90

1,526,179,464.52

330,438,532.55

5,151,947,600.54

10

DELTA

25

11,949,581,,464.36

11,927,340,240.81

659,009,430.31

2,131,553,024.78

1,983,051,063.36

489,184,650.06

15,058,585,384.53

11

EBONYI

13

2,088,487,300.06

1,505,358,397.56

503,513,030.34

1,148,931,295.17

1,086,452,223.84

248,680,210.11

3,344,003,861.85

12

EDO

18

3,278,711,636.39

3,186,854,775.86

609,071,306.71

1,614,123,629.00

1,490,991,102.53

373,030,848.61

5,659,948,033.71

13

EKITI

16

2,106,674,019.96

2,085,617,150.15

506,473,687.12

1,313,012,455.83

1,236,115,137.27

287,062,579.23

4,115,268,553.77

14

ENUGU

17

2,376,834,081.99

2,351,728,788.28

569,747,605.67

1,555,670,200.20

1,473,966,799.23

340,384,433.83

4,735,827,627.01

15

GOMBE

11

2,234,317,473.17

2,155,952,234.73

509,741,920.40

1,135,171,443.32

1,054,337,824.92

230,244,664.42

3,950,276,644.48

16

IMO

27

3,028,956,155.50

2,385,899,379.80

624,707,462.74

2,252,496,437.93

2,019,066,578.04

492,550,493.61

5,522,223,914.18

17

JIGAWA

27

2,787,260,232.86

2,767,392,624.20

605,550,881.12

2,363,213,899.64

2,233,449,674.57

485,661,811.83

6,092,054,991.72

18

KADUNA

23

3,176,672,034.86

2,878,963,843.44

757,352,410.51

2,534,703,037.91

2,415,627,187.65

535,751,988.57

6,587,695,430.17

19

KANO

44

3,981,357,012.82

3,913,615,945.39

998,632,626.06

4,159,801,670.02

3,948,334,043.98

939,489,919.94

9,800,072,535.36

20

KATSINA

34

3,027,810,099.77

2,856,623,021.78

726,280,162.54

3,041,259,658.41

2,807,743,362.84

644,934,674.05

7,035,581,221.21

21

KEBBI

21

2,532,586,039.82

2,499,090,068.84

567,666,328.64

1,889,151,154.70

1,743,689,697.18

385,765,390.60

5,196,211,485.26

22

KOGI

21

2,526,264,922.10

2,280,094,870.35

592,243,231.75

1,958,043,268.12

1,857,115,537.51

399,419,491.98

5,128,873,131.58

23

KWARA

16

2,302,105,802.03

2,288,250,115.95

313,693,593.91

1,503,727,541.85

1,426,830,223.29

290,864,143.10

4,319,638,076.25

24

LAGOS

20

3,596,447,289.70

2,999,705,062.64

4,502,435,595.71

2,526,788.491.77

2,337,414,396.30

2,555,055,515.05

12,394,560,569.69

25

NASS.

13

2,156,957,353.45

1,513,622,891.96

466,219,369.02

1,203,304,582.08

1,140,825,510.75

225,853,385.01

3,346,521,156.74

26

NIGER

25

2,945,944,945.95

2,308,136,651.32

591,864,116.52

2,438,447,521.61

2,318,295,461.36

451,549,757.73

5,669,845,986.94

27

OGUN

20

2,462,107,432.60

2,397,543,731.80

588,447,818.68

1,804,403,088.93

1,698,577,707.02

389,490,775.78

5,074,060,033.28

28

ONDO

18

3,787,423,388.72

3,593,425,505.72

576,947,116.97

1,665,558,334.50

1,579,048,851.12

357,502,845.96

6,106,924,319.77

29

OSUN

30

2,335,179,342.82

2,296,655,743.23

563,940,820.03

2,269,856,541.89

2,125,674,069.59

490,306,378.03

5,476,577,010.87

30

OYO

33

2,942,043,965.18

2,752,731,627.51

721,269,120.16

2,902,548,793.72

2,735,460,983.65

628,856,455.24

6,838,318,186.56

31

PLATEAU

17

2,470,728,254.03

2,376,437,350.06

560,471,353.22

1,661,457,192.11

1,579,753,791.14

334,694,595.61

4,851,357,090.04

32

RIVERS

23

13,130,866,048.25

12,387,202,271.45

905,953,021.83

2,175,599,936.23

2,065,060,040.80

608,829,172.17

15,967,026,506.26

33

SOKOTO

23

2,626,584,047.53

2,605,412,761.43

591,533,913.71

2,085,530,703.41

1,974,990,807.98

425,900,346.96

5,597,837,830.07

34

TARABA

16

2,487,888,512.34

2,482,227,884.83

507,355,745.32

1,660,119,800.49

1,583,222,481.93

286,836,047.27

4,859,642,159.35

35

YOBE

17

2,469,149,617.39

2,453,831,984.51

523,320,983.92

1,609,911,501.63

1,528,208,100.66

307,329,863.60

4,812,690,932.69

36

ZAMFARA

14

2,476,656,644.04

2,185,249,128.61

546,826,474.58

1,511,420,044.42

1,444,134,890.68

292,985,714.25

4,469,196,208.12

37

FCT-ABUJA

6

0.00

0.00

0.00

643,198,397.27

614,361,902.81

940,288,751.30

1,554,650,654.11

38

STATE’S

-TOTAL

774

135,277,543,362.39

126,628,084,478.81

25,599,810,440.75

72,179,398,595.85

67,849,990,655.38

18,059,867,308.53

238,137,752,883.47

39

FGN

181,146,586,129.59

177,596,171,918.13

7,223,946,923.41

0.00

0.00

0.00

184,820,118,841.55

49

Local Government

72,179,398,595.85

72,179,398,595.85

18,059,867,308.53

0.00

0.00

0.00

0.00

 

GRAND TOTAL

670,463,616,091.23

670,463,616,091.23

53,749,605,084.90

72,179,398,595.85

72,179,398,595.85

18,059,867,308.53

724,213,221,176.13

41

FCT-ABUJA

3,436,458,434.95

3,214,270,934.95

515,996,208.82

0.00

0.00

0.00

3,730,267,143.76

42

Cost of
Collection-NCS

2,632,884,859.85

2,632,884,859.85

0.00

0.00

0.00

0.00

2,632,884,859.85

43

Transfer to
Excess Crude

194,369,327,093.52

194,369,327,093.52

0.00

0.00

0.00

0.00

194,369,327,093.52

44

4% Cost Of
Collection-FIRS VAT

1,526,690,231.66

1,526,690,231.66

2,149,984,203.40

0.00

0.00

0.00

3,676,674,435.05

45

TOTAL DEDUCTION
0.00

12,422,060,595.04

200,000,000.00

0.00

4,329,407,940.48

0.00

16,951,468,535.51

46

Transfer to Oil
Excess Revenue
0.00

0.00

0.00

0.00

0.00

0.00

0.00

47

Transfer from Excess
Domestic to Sub
79,894,727,383.42

79,894,727,383.42

0.00

0.00

0.00

0.00

79,894,727,383.42

 



This table is provided by the Economic Confidential (www.economiconfidential.net)

 

 

 


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