Foreign Excess Crude Account: How They Share $1 Billion in March 2012

The Economic Confidential magazine provides below the distribution of $1 billion from foreign excess crude saving account in March, 2012 to all the tiers of government in Nigeria. This table of disbursement is one of the four different allocation made to the beneficiaries in March 2012.

1
S/No

2
STATE

FED. & STATE
ALLOCATION

TOTAL
DERIVATION
OIL & GAS

TOTAL (3+4)

STATE NET

LG NET

TOTAL

 

1

Abia

5,603,018.13

312,977.50

5,915,995.63

5,915,995.63

3,737,246.28

9,653,241.91

1

2

Adamawa

6,255,041.66

6,255,041.66

6,255,041.66

4,809,472.13

11,064,513.79

2

3

A/Ibom

6,327,961.33

34,810,578.66

41,138,540.00

41,138,540.00

6,342,726.25

47,481,266.25

3

4

Anambra

6,318,075.08

6,318,075.08

6,318,075.08

4,767,638.64

11,085,713.72

4

5

Bauchi

7,327,842.42

7,327,842.42

7,327,842.42

5,514,081.08

12,841,923.50

5

6

Bayelsa

5,018,113.05

25,330,372.90

30,348,485.94

30,348,485.94

2,028,712.70

32,377,198.64

6

7

Benue

6,754,525.03

6,754,525.03

6,754,525.03

5,606,701.11

12,361,226.14

7

8

Borno

7,452,689.83

7,452,689.83

7,452,689.83

6,443,638.97

13,896,328.80

8

9

C/River

5,871,901.64

952,990.19

6,824,891.82

6,824,891.82

4,004,274.33

10,829,166.16

9

10

Delta

6,324,209.19

27,467,512.57

33,791,721.76

33,791,721.76

5,292,603.44

39,084,325.19

10

11

Ebonyi

5,185,672.11

5,185,672.11

5,185,672.11

2,852,773.38

8,038,445.48

11

12

Edo

5,902,555.80

1,441,659.68

7,344,215.48

7,344,215.48

4,007,836.62

11,352,052.10

12

13

Ekiti

5,230,829.37

5,230,829.37

5,230,829.37

3,260,183.61

8,491,012.98

13

14

Enugu

5,901,631.39

5,901,631.39

5,901,631.39

3,862,697.93

9,764,329.31

14

15

Gombe

5,547,765.50

5,547,765.50

5,547,765.50

2,818,607.94

8,366,373.44

15

16

Imo

6,300,662.47

1,535,778.67

7,836,441.14

7,836,441.14

5,592,903.51

13,429,344.65

16

17

Jigawa

6,920,711.29

6,920,711.29

6,920,711.29

5,867,812.75

12,788,524.04

17

18

Kaduna

7,887,612.99

7,887,612.99

7,887,612.99

6,293,616.84

14,181,229.83

18

19

Kano

9,885,629.66

9,885,629.66

9,885,629.66

10,328,704.17

20,214,333.83

19

20

Katsina

7,517,991.79

7,517,991.79

7,517,991.79

7,551,386.77

15,069,378.57

20

21

Kebbi

6,288,360.38

6,288,360.38

6,288,360.38

4,690,724.45

10,979,084.83

21

22

Kogi

6,272,665.17

6,272,665.17

6,272,665.17

4,861,782.19

11,134,447.36

22

23

Kwara

5,716,082.56

5,716,082.56

5,716,082.56

3,733,725.35

9,449,807.91

23

24

Lagos

8,929,906.54

8,929,906.54

8,929,906.54

6,273,965.18

15,203,871.72

24

25

Nass/a

5,355,681.88

5,355,681.88

5,355,681.88

2,987,781.16

8,343,463.04

25

26

Niger

7,314,722.25

7,314,722.25

7,314,722.25

6,054,616.32

13,369,338.58

26

27

Ogun

6,113,363.41

6,113,363.41

6,113,363.41

4,480,296.70

10,593,660.11

27

28

Ondo

5,862,791.22

5,182,955.34

11,045,746.56

11,045,746.56

4,135,547.96

15,181,294.52

28

29

Osun

5,798,203.50

5,798,203.50

5,798,203.50

5,636,008.30

11,434,211.80

29

30

Oyo

7,305,036.20

7,305,036.20

7,305,036.20

7,206,970.48

14,512,006.68

30

31

Plateau

6,134,768.73

6,134,768.73

6,134,768.73

4,125,364.91

10,260,133.64

31

32

Rivers

6,858,507.76

32,965,174.50

39,823,682.26

39,823,682.26

5,401,971.04

45,225,653.29

32

33

Sokoto

6,521,755.54

6,521,755.54

6,521,755.54

5,178,330.94

11,700,086.48

33

34

Taraba

6,177,377.31

6,177,377.31

6,177,377.31

4,122,044.19

10,299,421.50

 

35

Yobe

6,130,849.01

6,130,849.01

6,130,849.01

3,997,377.99

10,128,227.00

 

36

Zamfara

6,149,488.81

6,149,488.81

6,149,488.81

3,752,825.68

9,902,314.48

 

37

FCT
Abuja

1,597,048.73

1,597,048.73

 

 

SU
TOTAL

232,464,000.00

130,000,000.00

362,464,000.00

362,464,000.00

179,220,000.00

541,684,000.00

 

38

FGN
and FCT

458,316,000.00

0.00

458,316,000.00

458,316,000.00

0.00

458,316,000.00

 

39

GRAND
TOTAL

690,780,000.00

130,000,000.00

820,780,000.00

820,780,000.00

179,220,000.00

1,000,000,000.00

39

This table is provided by the Economic Confidential (www.economiconfidential.com). Other tables of disbursement are in the Facts and Figures of the magazine.

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