Federation Account: How They Share N783bn in December 2011

The Economic Confidential magazine provides here the distribution of a total sum of 783 billion being the statutory and VAT allocations shared to all tiers of government at the December 2011’s meeting of the monthly Federation Account Allocation Committee (FAAC). The allocation is different from anther of N143.6bn from the Excess Crude account in the same month. The total statutory disbursement of nets after deductions, the highest recipients are from the oil producing states with Akwa Ibom receiving N17bn, Rivers N16.4bn, Delta 14bn, and Bayelsa N9.3bn. The highest recipients from non-oil –producing states are Lagos N13.8bn and Kano N10.2bn.

The lowest recipients as revealed in the table below are Gombe N4.2bn, Nasarawa N3.8bn, Ebonyi N3.5bn and Ekiti N3.9bn. The Economic Confidential can also confirm other disbursements in December, 2011: Federal N194.1bn, FCT Councils N4.1billion, Nigerian Customs Service (NCS) N2.7bn, and Federal Inland Revenue Service (FIRS) N4.1bn. Please check Facts and Figures of this magazine to see the other allocations from Excess Crude Account being the distribution of difference sums from the Budgeted and Actual Revenue in December 2011.

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


STATE GOVERNMENT

LOCAL GOVERNMENTS

 

 

2
STATES

3
NO OF
LG’s

4
GROSS STATUT.
 + MIN REVENUE

5
NET STATUTORY
+ MINERAL REV.

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

2,407,752,742.88

2,364,367,899.18

508,228,701.55

1,583,014,302.19

1,583,014,302.19

302, 953,245.75

4,758,564,148.67

2

ADAMAWA

21

2,649,496,357.81

2,643,979,191.74

528,620,277.12

2,037,185,295.37

2,037,185,295.37

362,262,540.56

5,572,047,304.79

3

A/IBOM

31

13,905,916,375.42

13,337,482,688.42

564,843,055.50

2,686,637,597.96

2,686,637,597.96

501,426,757.66

17,090,390,049.54

4

ANAMBRA

21

2,676,195,911.15

2,654,992,817.48

587,206,949.22

2,019,465,561.24

2,019,465,561.24

402,483,746.33

5,664,149,073.87

5

BAUCHI

20

3,103,910,871.48

2,926,086,623.22

614,958,863.48

2,335,641,955.96

2,335,641,955.96

410,086,709.32

6,248,058,559.68

6

BAYELSA

8

10,219,094,048.98

7,878,206,521.82

476,814,854.07

859,317,523.12

859,317,523.12

175,707,166.23

9,390,046,065.24

7

BENUE

23

2,861,066,390.48

2,475,691,390.85

592,499,608.86

2,374,873,739.72

2,374,873,739.72

428,505,484.29

5,871,570,223.72

8

BORNO

27

3,156,793,453.30

3,148,008,878.07

602,142,519.17

2,729,381,978.64

2,729,381,978.64

479,153,697.72

6,958,687,073.61

9

C/RIVER

18

2,797,965,727.18

2,574,780,647.00

537,621,330.52

1,696,121,439.51

1,696,121,439.51

331,767,433.79

5,140,319,877.82

10

DELTA

25

12,019,087,570.90

10,627,721,012.13

680,922,423.75

2,241,828,958.70

2,241,828,958.70

502,127,898.12

14,052,600,292.70

11

EBONYI

13

2,196,535,227.94

1,613,406,325.44

472,833,891.07

1,208,371,276.31

1,208,371,276.31

232,948,014.28

3,527,559,507.11

12

EDO

18

3,331,950,023.30

2,685,185,204.93

566,176,859.81

1,697,630,343.86

1,697,630,343.86

350,422,917.07

5,299,415,325.66

13

EKITI

16

2,215,662,838.13

1,797,409,160.33

486,755,128.23

1,380,941,178.75

1,380,941,178.75

276,392,201.64

3,941,497,668.95

14

ENUGU

17

2,499,799,635.81

2,390,945,121.54

554,601,225.76

1,636,152,825.88

1,636,152,825.88

332,539,848.77

4,914,239,021.94

15

GOMBE

11

2,349,909,927.67

2,332,107,189.23

510,511,431.53

1,193,899,558.27

1,193,899,558.27

233,306,282.65

4,269,824,461.69

16

IMO

27

3,181,942,814.42

2,759,779,788.72

569,992,666.18

2,349,732,214.60

2,349,732,214.60

459,099,176.62

6,138,603,846.12

17

JIGAWA

27

2,931,459,190.94

2,911,591,582.28

585,854,872.00

2,485,474,813.07

2,485,474,813.07

470,814,739.76

6,453,736,007.11

18

KADUNA

23

3,341,017,219.49

3,043,309,028.07

711,385,592.42

2,665,835,944.98

2,665,835,944.98

508,877,082.42

6,929,407,647.90

19

KANO

44

4,187,332,589.20

4,119,591,521.77

902,933,002.32

4,375,009,083.94

4,375,009,083.94

878,854,496.33

10,276,388,104.37

20

KATSINA

34

3,184,453,909.52

3,143,485,581.53

665,708,287,61

3,198,599,281.32

3,198,599,281.32

605,491,113.03

7,613,284,263.49

21

KEBBI

21

2,663,609,423.96

2,630,113,452.98

526,416,762.59

1,986,886,423.53

1,986,886,423.53

361,394,239.37

5,504,810,878.47

22

KOGI

21

2,656,961,283.10

2,640,619,356.35

557,357,049.38

2,059,342,671.67

2,059,342,671.67

379,696,095.89

5,637,015,173.29

23

KWARA

16

2,421,205,286.94

2,407,349,600.86

293,257,563.85

1,581,522,913.16

1,581,522,913.16

280,111,021.02

4,562,241,098.89

24

LAGOS

20

3,782,509,554.66

3,185,767,327.60

5,001,667,300.63

2,657,511,939.66

2,657,511,939.66

2,997,304,631.35

13,832,390,342.50

25

NASS/WA

13

2,268,547,580.77

1,886,893,133.45

452,525,289.16

1,265,557,566.19

1,265,557,566.19

219,250,275.76

3,824,226,264.56

26

NIGER

25

3,098,353,460.51

2,666,135,752.88

587,110,809.08

2,564,600,647.82

2,564,600,647.82

446,474,428.94

6,264,321,638.72

27

OGUN

20

2,589,484,604.73

2,575,264,653.93

583,699,577.68

1,897,753,915.06

1,897,753,915.06

386,388,236.66

5,443,106,383.34

28

ONDO

18

4,103,474,851.25

4,005,608,218.25

548,975,573.07

1,751,726,024.78

1,751,726,024.78

341,700,174.65

6,648,009,990.75

29

OSUN

30

2,455,989,887.95

2,417,466,288.36

554,872,144.33

2,387,287,610.75

2,387,287,610.75

481,303,855.52

5,840,929,898.96

30

OYO

33

3,094,250,662.42

2,958,375,824.75

690,773,243.04

3,052,712,207.56

3,052,712,207.56

607,578,647.83

7,309,439,923.19

31

PLATEAU

17

2,598,551,424.52

2,405,119,156.65

538,225,343.52

1,747,412,709.71

1,747,412,709.71

322,512,189.64

5,013,269,399.52

32

RIVERS

23

12,983,200,981.06

12,830,358,252.38

798,109,889.02

2,288,154,637.91

2,288,154,637.91

554,287,681.60

16,470,910,460.91

33

SOKOTO

23

2,762,470,420.29

2,741,299,134.19

567,577,967.36

2,193,425,671.71

2,193,425,671.71

410,856,810.82

5,913,159,584.08

34

TARABA

16

2,616,599,469.10

2,610,938,841.59

486,061,808.02

1,746,006,128.11

1,746,006,128.11

275,492,295.63

5,118,499,073.35

35

YOBE

17

2,596,891,117.08

2,581,573,484.20

478,173,997.81

1,693,200,302.01

1,693,200,302.01

282,365,815.46

5,035,313,599.48

36

ZAMFARA

14

2,604,786,519.89

1,862,290,483.76

526,186,520.40

1,589,613,387.49

1,589,613,387.49

281,898,017.35

4,260,988,409.00

37

FCT-ABUJA

6

0.00

0.00

0.00

676,474,277.87

676,474,277.87

704,257,660.57

1,380,731,938.44

38

Escrow A/C
 (Rivers & A/Ibom)

0.00

0.000

0.00

0.00

0.00

0.00

0.00

39

STATE’S
TOTAL = 774

140,514,229,353.24

129,834,301,162.54

24,911,602,329.12

75,913,601,075.31

75,913,601,075.31

17,578,121,630.38

248,169,752,581.40

40

FGN

190,512,382,917.21

184,085,153,758.93

7,031,248,652.15

0.00

0.00

0.00

194,116,402,411.09

41

FCT-ABUJA

3,620,068,764.69

3,620,068,764.69

502,232,046.58

0.00

0.00

0.00

4,122,300,811.27

42

Cost of  
Collection -NCS

2,762,862,887.18

2,762,862,887.18

0.00

0.00

0.00

0.00

2,762,862,887.18

43

Transfer to
 Excess Crude

236,736,184,265.22

236,736,184,265.22

0.00

0.00

0.00

0.00

236,736,184,265.22

44

4% Cost of  
Collection
-FIRS VAT

2,100,423,795.58

2,100,423,795.58

2,092,633,527.43

0.00

0.00

0.00

4,193,057,323.01

45

TOTAL DEDUCTION

0.00

0.00

200,000,000.00

0.00

0.00

0.00

14,375,030,964.92

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

70,980,048,141.58

70,980,048,141.58

0.00

0.00

0.00

0.00

70,980,048,141.58

48

Cost of NACOFED

7,617,431,250.00

7,617,431,250.00

0.00

0.00

0.00

0.00

7,617,431,250.00

49

Local Government

75,913,601,075.31

75,913,601,075.31

17,578,121,630.38

0.00

0.00

0.00

0.00

 

GRAND TOTAL

730,757,232,450.00

730,757,232,450.00

52,315,838,185.66

75,913,601,075.31

75,913,601,075.31

17,578,121,630.38

783,073,070,635.66

 

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