How They Share N187bn From Excess Crude Account in February 2012

cbnThe Economic Confidential provides here the distribution of N187,089,655,125.41 from Foreign Excess Saving Account being difference between budget & actual at the meeting of the Federation Account Allocation Committee in February, 2012. While some oil producing states receive over N8 billion Naira each, some non-oil producing received less than N2 billion each due to the derivation from oil and gas.

1

s/no

2

state

FED. & STATE ALLOCATION

TOTAL DERIVATION OIL & GAS

TOTAL (3+4)

STATE NET

LG NET ALLOCATION

TOTAL

1

Abia

1,048,266,730.12

41,273,848.82

1,089,540,578.94

1,089,540,578.94

699,200,117.69

1,788,740,696.63

1

2

Adamawa

1,170,253,586.86

1,170,253,586.86

1,170,253,586.86

899,802,482.08

2,070,056,068.94

2

3

Akwa Ibom

1,183,896,103.36

6,019,463,723.73

7,203,359,827.09

7,203,359,827.09

1,186,658,466.75

8,390,018,293.85

3

4

Anambra

1,182,046,487.80

1,182,046,487.80

1,182,046,487.80

891,975,869.16

2,074,022,356.96

4

5

Bauchi

1,370,963,511.60

1,370,963,511.60

1,370,963,511.60

1,031,627,527.45

2,402,591,039.04

5

6

Bayelsa

938,837,039.23

4,820,260,194.10

5,759,097,233.33

5,759,097,233.33

379,551,159.12

6,138,648,392.45

6

7

Benue

1,263,701,758.20

1,263,701,758.20

1,263,701,758.20

1,048,955,777.60

2,312,657,535.81

7

8

Borno

1,394,321,170.07

1,394,321,170.07

1,394,321,170.07

1,205,538,192.68

2,599,859,362.65

8

9

Cross River

1,098,572,052.21

181,269,295.95

1,279,841,348.17

1,279,841,348.17

749,158,304.18

2,028,999,652.35

9

10

Delta

1,183,194,116.06

5,494,942,908.41

6,678,137,024.47

6,678,137,024.47

990,191,351.78

7,668,328,376.25

10

11

Ebonyi

970,185,605.88

970,185,605.88

970,185,605.88

533,724,387.36

1,503,909,993.23

11

12

Edo

1,104,307,129.83

475,609,966.78

1,579,917,096.60

1,579,917,096.60

749,824,770.74

2,329,741,867.34

12

13

Ekiti

978,634,062.27

978,634,062.27

978,634,062.27

609,946,627.37

1,588,580,689.64

13

14

Enugu

1,104,134,180.68

1,104,134,180.68

1,104,134,180.68

722,670,822.89

1,826,805,003.57

14

15

Gombe

1,037,929,534.63

1,037,929,534.63

1,037,929,534.63

527,332,387.65

1,565,261,922.28

15

16

Imo

1,178,788,769.22

260,752,465.04

1,439,541,234.26

1,439,541,234.26

1,046,374,388.45

2,485,915,622.70

16

17

Jigawa

1,294,793,488.90

1,294,793,488.90

1,294,793,488.90

1,097,807,063.02

2,392,600,551.92

17

18

Kaduna

1,475,690,794.35

1,475,690,794.35

1,475,690,794.35

1,177,470,603.96

2,653,161,398.31

18

19

Kano

1,849,499,044.40

1,849,499,044.40

1,849,499,044.40

1,932,393,701.15

3,781,892,745.55

19

20

Katsina

1,406,538,491.30

1,406,538,491.30

1,406,538,491.30

1,412,786,347.44

2,819,324,838.75

20

21

Kebbi

1,176,487,173.95

1,176,487,173.95

1,176,487,173.95

877,586,020.07

2,054,073,194.02

21

22

Kogi

1,173,550,762.79

1,173,550,762.79

1,173,550,762.79

909,589,153.05

2,083,139,915.84

22

23

Kwara

1,069,419,915.69

1,069,419,915.69

1,069,419,915.69

698,541,387.45

1,767,961,303.14

23

24

Lagos

1,670,693,134.05

1,670,693,134.05

1,670,693,134.05

1,173,793,981.77

2,844,487,115.83

24

25

Nassarawa

1,001,992,675.15

1,001,992,675.15

1,001,992,675.15

558,982,946.65

1,560,975,621.80

25

26

Niger

1,368,508,863.90

1,368,508,863.90

1,368,508,863.90

1,132,756,079.53

2,501,264,943.43

26

27

Ogun

1,143,747,051.36

1,143,747,051.36

1,143,747,051.36

838,217,165.14

1,981,964,216.50

27

28

Ondo

1,096,867,587.59

917,923,587.63

2,014,791,175.22

2,014,791,175.22

773,718,241.83

2,788,509,417.05

28

29

Osun

1,084,783,893.82

1,084,783,893.82

1,084,783,893.82

1,054,438,848.77

2,139,222,742.59

29

30

Oyo

1,366,696,702.82

1,366,696,702.82

1,366,696,702.82

1,348,349,621.26

2,716,046,324.08

30

31

Plateau

1,147,751,766.57

1,147,751,766.57

1,147,751,766.57

771,813,097.70

1,919,564,864.27

31

32

Rivers

1,283,155,851.14

6,110,159,175.84

7,393,315,026.98

7,393,315,026.98

1,010,652,898.02

8,403,967,926.00

32

33

Sokoto

1,220,152,995.65

1,220,152,995.65

1,220,152,995.65

968,812,148.87

2,188,965,144.53

33

34

Taraba

1,155,723,390.63

1,155,723,390.63

1,155,723,390.63

771,191,825.98

1,926,915,216.61

34

35

Yobe

1,147,018,426.92

1,147,018,426.92

1,147,018,426.92

747,868,069.67

1,894,886,496.59

35

36

Zamfara

1,150,505,740.06

1,150,505,740.06

1,150,505,740.06

702,114,861.55

1,852,620,601.61

36

37

FCT-Abuja

0.00

0.00

298,791,295.85

298,791,295.86

37

38

SUB TOTAL

43,491,609,589.07

24,321,655,166.30

67,813,264,755.38

67,813,264,755.3

33,530,207,991.58

101,343,472,746.95

38

39

FGN and FCT

85,746,182,378.46

0.00

85,746,182,378.46

85,746,182,378.46

0.00

85,746,182,378.46

39

40

GRAND TOTAL

129,237,791,967.53

24,321,655,166.30

153,559,447,133.83

153,559,447,133.83

33,530,207,991.58

187,089,655,125,41

39

This table is exclusively provided by the Economic Confidential magazine

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