How They Share N 989 billion in August 2011

The Economic Confidential magazine provides here the distribution of a total sum of N989 billion distributed at the meeting of the Federation Account Allocation Committee in August 2011 in Abuja. The amount is made of N972.7 billion being the statutory and VAT allocations and N16.4 billion from domestic excess crude Naira account being difference between budget & actual which were shared to all tiers of government at the meeting. From net disbursements of statutory and VAT allocations, the highest recipients are from the oil producing states with Rivers receiving N21.7bn, Akwa Ibom N21.3bn, Delta N19.4b, and Bayelsa N12.6bn.

The highest recipients from non-oil –producing states are Lagos N17.6bn and Kano N13.2b.

The lowest recipients as revealed in the table below are Gombe N5.4bn, Nasarawa N4.9bn, Ebonyi N4.7bn and Ekiti N5.5bn. The Economic Confidential can also confirm other disbursements from the statutory allocation in August 2011. They included Federal Government which received N254.5bn, FCT Councils N2.8billion, Nigerian Customs Service (NCS) N2.8bn, and Federal Inland Revenue Service (FIRS) N6bn. Please the two tables of the disbursement below.

Statutory and VAT Allocation: How They Share N972billion in August 2011

 

STATES NO
OF
LGS
STATE GROSS
STATUTORY +
MIN REVENUE
GOVT NET
STATUTORY
+ MINERAL
REVENUE
NET VAT
SHARED
GROSS
STATUTORY
REVENUE
LOCAL GOVTS
NET STAT.
REVENUE
NET VAT
TO LGS
TOTAL PAID
(5+6+8+9)
 

 
 

=N=

=N=

=N=

=N=

=N=

=N=

=N=

9

ABIA
17

3,717,244,625.35

2,935,208,704.19

640,521,241.98

2,071,157,529.91

1,979,866
,152.43
381,863
,010.33
5,937,459
,108.92
2

ADAMAWA

21

3,466,503,318.61

3,374,970,527.54

668,066,778.08

2,665,378,107.13

2,545,605
,402.55
457,776
,181.41
7,046,418
,889.58
3

A/IBOM

31

16,401,312,331.98

16,492,579,691.14

811,394,789.18

3,515,097,547.43

3,366,108
,992.72
690,977
,188.98
21,361,060
,662.01
4

ANAMBRA

21

3,501,436,029.51

3,480,232,935.44

776,322,547.94

2,642,194,260.51

2,541,266
,529.90
530,023
,770.14
7,329,845
,783.42
5

BAUCHI

20

4.061,042,509.06

3,572,335,446.82

602,574,026.12

3,055,867,794.48

2,882,415
,364.80
511,973
,788.17
7,733,239
,528.37
6

BAYELSA

8

13,239,251,066.63

10,768,051,039.47

749,397,181.16

1,124,299,354.80

1,085,850
,695.52
222,604
,887.51
12,679,080
,648.62
7

BENUE

23

3,743,313,746.45

3,357,938,746.82

745,953,692.42

3,107,197,213.45

2,996,657
,318.02
541,841
,425.63
7,645,834
,671.63
8

BORNO

27

4,130,232,128.76

4,121,447,553.53

657,719,635.87

3,571,022,718.66

3,431,635
,542.10
596,628
,018.64
8,895,664
,806,69
9

C/RIVER

18

3,719,199,935.39

3,652,834,343.04

780,958,875.91

2,219,142,736.88

2,132,633
,253.50
406,734
,638.61
6,849,921
,871.02
10

DELTA

25

15,291,281,319.62

15,254,133,846.07

621,969,603.81

2,933,126,328.78

2,803,710
,487.99
588,293
,726.32
19,427,096
,936.29
11

EBONYI

13

2,873,865,681.93

2,290,736,779.43

704,290,809.69

1,580,988,412.05

1,518,509
,340.72
308,979
,172.65
4,740,194
,896.61
12

EDO

18

4,412,669,477.82

3,853,153,242.29

609,876,319.95

2,221,116,931.69

2,125,271
,896.28
435,558
,987.96
7,119,274
,936.22
13

EKITI

16

2,898,891,541.66

2,821,584,671.85

689,600,662.99

1,806,772,507.86

1,729,875
,189.30
346,281
,841.83
5,507,618
,022.92
14

ENUGU

17

3,270,645,648.50

3,245,540,354.79

631,555,735.46

2,140,682,014.51

2,058,978
,613.54
413,827
,078.99
6,407,946
,710.31
15

GOMBE

11

3,074,535,482.45

3,056,732,744.01

742,291,574.93

1,562,054,149.89

1,499,419
,990.60
287,257
,475.06
5,474,965
,945.14
16

IMO

27

4,183,265,776.47

3,761,102,750.77

743,132,802.87

3,099,550,670.70

2,875,325
,277.32
592,949
,846.19
7,971,669
,449.20
17

JIGAWA

27

3,835,413,090.42

3,733,607,981.76

895,392,407.93

3,251,903,578.75

3,122,139
,353.68
596,343
,558.17
8,195,223
,696.48
18

KADUNA

23

4,371,263,710.10

4,073,555,518.68

1,208,041,151.74

3,487,881,431.85

3,377,341
,536.42
641,041
,621.59
8,987,331
,084.62
19

KANO

44

5,478,551,526.90

5,410,810,459.47

864,960,786.86

5,724,100,530.93

5,512,632
,904.89
1,149,818
,974.45
13,281,303
,490.56
20

KATSINA

34

4,166,422,049.53
4,125,453,721.54

694,089,726.84

4,184,929,332.30

4,003,039
,271.56
778,710
,495.62
9,772,164
,275.59
21

KEBBI

21

3,484,968,333.87

3,359,597,362.89

688,810,054.43

2,599,568,918.29

2,498,641
,187.68
473,646
,657.71
7,025,974
,935.12
22

KOGI

21

3,476,270,151.55

3,459,928,224.80

411,065,678.71

2,694,368,001.10

2,593,440
,270.49
470,805
,998.22
7,212,984
,547.95
23

KWARA

16

3,167,815,701.08

3,153,960,051.00

6,238,376,964.77

2,069,206,251.51

1,992,308
,932.95
346,892
,749.67
5,904,227
,376.34
24

LAGOS

20

4,948,895,998.77

4,352,153,771.71

574,905,719.32

3,476,990,610.29

3,304,161
,646.45
3,775,820
,330.80
17,670,512
,715.72
25

NASS/WA

13

2,968,083,988.49

2,479,554,541.18

755,350,583.66

1,655,808,844.63

1,593,329
,773.30
278,997
,683.04
4,926,787
,716.84
26

NIGER

25

4,053,771,397.51

3,531,553,689.88

720,038,749.99

3,355,428,902.70

3,235,276
,842.45
572,124
,889.93
8,094,306
,004.92
27

OGUN

20

3,387,986,154.18

3,373,766,203.38

689,487,286.97

2,482,951,231.50

2,386,829
,583.30
478,082
,011.11
6,958,716
,547.78
28

ONDO

18

5,175,827,579.03

5,051,382,821.03

698,180,038.84

2,291,893,725.50

2,205,384
,242.12
429,370
,775.41
8,375,625
,125.52
29

OSUN

30

3,213,326,590.16

3,174,802,990.57

 

3,123,439,064.47

2,979,256
,592.17
606,278
,022.19
7,458,517
,643.76
30

OYO

33

4,048,403,447.81

3,849,809,860.14

698,180,038.84

3,994,056,065.45

3,835,455
,345.92
777,511
,062.77
9,352,330
,624.40
31

PLATEAU

17

3,399,848,846.79

3,305,557,942.82

889,554,355.57

2,286,250,343.14

2,204,546
,942.17
408,092
,214.59
6,599,023
,402.50
32

RIVERS

23

18,113,969,671.78

17,265,118,394.99

680,826,302.92

2,993,737,138.93

2,883,197
,243.50
655,116
,404.90
21,733,084
,155.02
33

SOKOTO

23

3,614,314,415.37

3,557,518,129.27

929,652,111.64

2,869,797,253.24

2,759,257
,357.81
513,242
,423.76
7,537,202
,898.55
34

TARABA

16

3,423,462,242.70

3,417,801,615.19

707,184,987.71

2,284,410,023.65

2,207,512
,705.09
345,740
,520.22
6,581,004
,082.04
35

YOBE

17

3,397,676,561.78

3,382,358,928.90

609,949,241.54

2,215,320,828.31

2,133,617
,427.34
358,447
,049.69
6,481,387
,476.60
36

ZAMFARA

14

3,408,006,615.62

3,261,827,225.19

670,964,070.68

2,079,791,529.74

2,012,506
,376.00
359,581
,202.85
6,304,408
,028.43
37

FCT-ABUJA

6

0.00

0.00

0.00

885,073,996.16

856,237
,501.70
843,989
,571.93
1,700,227
,073.63
38

Escrow A/C
(Rivers  &
Akwa-Ibom)
0.00

0.00

0.00

0.00

0.00

0.00

0.00
39

STATE’S
TOTAL
774

183,118,888,593.61

183,118,888,593.61

31,477,464,651.45

99,322,555,881.16

95,269,243
,086.27
22,174,225
,256.02
322,279,635
,769.30
40

FGN

249,241,652,561.87

245,691,238,350.41

8,869,690,102.41

0.00

0.00

0.00

254,560,928
,452.81
41

FCT-ABUJA
4,754,087,429.36
4,754,087,429.36
633,549,232.03
0.00
0.00
0.00
5,159,824
,222.41
42

Cost of
Collection-NCS
2,822,007,428.62

2,822,007,428.62

0.00

0.00

0.00

0.00

2,822,007
,428.62
43

Transfer to
Excess Crude
275,371,670,160.48

275,371,670,160.48

0.00

0.00

0.00

0.00

275,371,670
,160.48
44

4% Cost of
Collection-
FIRS VAT
3,389,092,647.96

3,389,092,647.96

2,639,788,720.95

0.00

0.00

0.00

6,028,881
,368.91
45

TOTAL
DEDUCTION
0.00

0.00

200,000,000.00

0.00

4,053,312
,794.89
0.00

17,791,725
,324.41
46

Transfer to Oil
 Excess Revenue
0.00

13,538,412,529.52

0.00

0.00

0.00

0.00

0.00

47

Transfer from
Excess Domestic
to Sub
88,739,035,313.13

88,739,035,313.13

0.00

0.00

0.00

0.00

88,739,035,313.13

48

Cost of NACOFED
0.00
0.00
0.00
0.00
0.00
0.00
0.00
49
Local Government
99,322,555,881.16
99,322,555,881.16
22,174,225,256.02
0.00
0.0
0.00
0.00

GRAND TOTAL
906,758,990,016.21
906,758,990,016.21
65,994,718,023.86
99,322,555,881.16
99,322,555
,881.16
22,174,225
,256.02
972,753,708,040.07

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

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