| |
Economic Confidential,
May
2008
Federation Account: April 2008
Gross summary of Statutory Revenue and VAT Allocations to 3tiers of
Government,
NCS and FIRS at the Federation Account Allocation Committee Meeting of April
2008
The Federal Government has started the implementation of revenue indices
last month. The Economic Confidential in the table below
provides a total sum of N621 billion shared to all tiers of government at
the April meeting of the monthly Federation Account Allocation Committee (FAAC)
based on the new indices. From the total disbursement of nets after
deductions, the highest recipients are from the oil producing states with
Rivers receiving N23.3bn, Akwa Ibom N16.5bn, Delta N11.9bn and Bayelsa
N10.4bn. The highest recipients from non-oil –producing states are Lagos
N9.9bn, Kano N9.6bn and Katsina N7bn.
The lowest recipients with less thanN4bn as is authoritatively revealed in
the table by the Economic Confidential are Gombe N3.9bn,
Nasarawa N3.9bn, Ebonyi and N3.7bn. Economic Confidential can also confirm
other disbursements in April 2008: Federal 190bn, FCT Councils N1.1 billion,
Nigerian Customs Service(NCS) N1.7bn, and Federal Inland Revenue Service
(FIRS) N2.6bn.
|
|
|
|
State government
|
Local government |
|
|
|
1
s/no |
2
state |
3
no of lgCs |
4
gross statutory + min revenue |
5
net statutory + mineral revenue |
6
Vat shared |
7
gross statutory revenue |
8
net statutory revenue |
9
net vat to l/govt |
10
total paid
(5+6+8+9) |
s/no |
|
|
|
|
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
|
|
1 |
Abia |
17
|
2,824,872,631.98 |
2,810,636,818.78 |
382,720,889.95 |
1,562,164,502.07 |
1,562,164,502.07 |
227,314,567.55 |
4,982,836,778.35 |
1 |
|
2 |
Adamawa |
21
|
2,586,216,754.48 |
2,569,906,274.71 |
359,571,277.80 |
1,972,168,410.01 |
1,972,168,410.01 |
246,519,427.52 |
5,148,165,390.03 |
2 |
|
3 |
Akwa Ibom |
31
|
13,205,611,984.11 |
13,124,246,738.46 |
437,916,010.30 |
2,658,445,889.35 |
2,658,445,889.35 |
372,355,247.58 |
16,592,963,885.68 |
3 |
|
4 |
Anambra |
21
|
2,612,621,471.34 |
2,564,725,463.84 |
410,471,534.98 |
1,995,334,651.98 |
1,995,334,651.98 |
280,214,786.04 |
5,250,746,436.85 |
4 |
|
5 |
Bauchi |
20
|
3,028,145,920.34 |
2,909,725,338.24 |
418,903,944.53 |
2,248,779,448.31 |
2,248,779,448.31 |
279,351,936.60 |
5,856,760,667.68 |
5 |
|
6 |
Bayelsa |
8
|
9,135,005,571.49 |
9,129,810,922.42 |
321,858,607.16 |
838,926,438.20 |
838,926,438.20 |
117,596,359.61 |
10,408,192,327.39 |
6 |
|
7 |
Benue |
23
|
2,792,554,690.28 |
2,762,290,615.16 |
399,710,828.64 |
2,313,561,610.14 |
2,313,561,610.14 |
289,711,072.09 |
5,765,274,126.03 |
7 |
|
8 |
Borno |
27
|
3,079,653,738.83 |
3,071,263,373.99 |
399,327,650.22 |
2,614,909,121.88 |
2,614,909,121.88 |
320,207,943.98 |
6,405,708,090.08 |
8 |
|
9 |
Cross River |
18
|
3,354,947,658.57 |
2,995,760,737.01 |
359,301,080.84 |
1,655,444,750.89 |
1,655,444,750.89 |
221,868,478.15 |
5,232,375,046.88 |
9 |
|
10 |
Delta |
25
|
8,983,300,375.18 |
8,937,721,865.71 |
484,577,559.88 |
2,203,326,851.25 |
2,203,326,851.25 |
353,400,333.66 |
11,979,026,610.50 |
10 |
|
11 |
Ebonyi |
13
|
2,140,276,902.98 |
2,120,072,995.49 |
324,456,198.85 |
1,190,327,768.14 |
1,190,327,768.14 |
159,935,546.18 |
3,794,792,508.66 |
11 |
|
12 |
Edo |
18
|
2,548,893,821.14 |
2,499,583,591.99 |
366,103,210.04 |
1,659,095,489.23 |
1,659,095,489.23 |
227,227,640.10 |
4,752,009,931.36 |
12 |
|
13 |
Ekiti |
16
|
2,162,271,799.18 |
2,149,719,478.75 |
333,114,388.53 |
1,363,706,372.01 |
1,363,706,372.01 |
189,099,084.81 |
4,035,639,324.10 |
13 |
|
14 |
Enugu |
17
|
2,439,597,795.94 |
2,414,942,838.73 |
451,391,810.52 |
1,612,120,855.30 |
1,612,120,855.30 |
268,601,883.26 |
4,747,057,387.80 |
14 |
|
15 |
Gombe |
11
|
2,289,711,592.37 |
2,271,548,148.50 |
329,510,189.42 |
1,159,586,058.24 |
1,159,586,058.24 |
148,124,554.55 |
3,908,768,950.71 |
15 |
|
16 |
Imo |
27
|
3,329,271,662.01 |
3,323,075,521.02 |
399,360,233.82 |
2,343,992,537.46 |
2,343,992,537.46 |
319,271,366.18 |
6,385,699,658.49 |
16 |
|
17 |
Jigawa |
27
|
2,861,246,562.25 |
2,833,046,914.61 |
411,971,314.99 |
2,435,319,462.50 |
2,435,319,462.50 |
328,337,612.52 |
6,008,675,304.62 |
17 |
|
18 |
Kaduna |
23
|
3,261,036,997.98 |
3,222,464,033.16 |
493,327,482.01 |
2,580,387,924.90 |
2,580,387,924.90 |
351,606,784.84 |
6,647,786,224.91 |
18 |
|
19 |
Kano |
44
|
4,084,522,221.26 |
4,027,132,581.68 |
674,958,210.32 |
4,307,670,341.21 |
4,307,670,341.21 |
633,356,152.74 |
9,643,117,285.95 |
19 |
|
20 |
Katsina |
34
|
3,108,126,290.02 |
3,067,861,548.49 |
457,320,659.86 |
3,140,795,568.96 |
3,140,795,568.96 |
415,026,219.45 |
7,081,003,996.75 |
20 |
|
21 |
Kebbi |
21
|
2,599,307,825.08 |
2,454,521,859.21 |
361,127,546.31 |
1,924,404,922.66 |
1,924,404,922.66 |
247,724,229.42 |
4,987,778,557.61 |
21 |
|
22 |
Kogi |
21
|
2,607,206,081.29 |
2,573,577,838.33 |
366,408,593.90 |
2,006,959,665.98 |
2,006,959,665.98 |
250,931,643.03 |
5,197,877,741.24 |
22 |
|
23 |
Kwara |
16
|
2,362,926,525.12 |
2,326,090,842.99 |
327,989,631.34 |
1,525,459,797.23 |
1,525,459,797.23 |
186,099,465.27 |
4,365,639,736.83 |
23 |
|
24 |
Lagos |
20
|
3,691,183,549.34 |
2,953,132,482.85 |
2,754,264,194.75 |
2,618,217,370.26 |
2,618,217,370.26 |
1,639,159,068.45 |
9,964,773,116.30 |
24 |
|
25 |
Nassarawa |
13
|
2,213,822,814.13 |
2,186,921,976.40 |
369,836,618.79 |
1,221,341,942.25 |
1,221,341,942.25 |
184,614,210.60 |
3,962,714,748.04 |
25 |
|
26 |
Niger |
25
|
3,022,623,107.61 |
2,865,550,658.89 |
387,665,666.65 |
2,450,682,865.40 |
2,450,682,865.40 |
297,117,678.41 |
6,001,016,869.36 |
26 |
|
27 |
Ogun |
20
|
2,526,672,213.76 |
2,514,668,482.93 |
418,030,264.31 |
1,860,656,133.44 |
1,860,656,133.44 |
274,794,388.55 |
5,068,149,269.24 |
27 |
|
28 |
Ondo |
18
|
5,082,832,472.65 |
5,065,256,469.40 |
377,977,284.12 |
1,719,842,222.29 |
1,719,842,222.29 |
235,027,013.03 |
7,398,102,988.84 |
28 |
|
29 |
Osun |
30
|
2,488,934,314.53 |
2,452,023,135.30 |
373,748,918.11 |
2,363,912,264.11 |
2,363,912,264.11 |
325,574,767.46 |
5,515,259,084.98 |
29 |
|
30 |
Oyo |
33
|
3,018,826,990.75 |
2,876,738,384.74 |
488,046,344.52 |
2,993,115,829.71 |
2,993,115,829.71 |
424,021,034.02 |
6,781,921,592.99 |
30 |
|
31 |
Plateau |
17
|
2,540,589,478.20 |
2,460,601,978.92 |
361,148,909.19 |
1,697,419,206.28 |
1,697,419,206.28 |
216,454,494.58 |
4,735,624,588.97 |
31 |
|
32 |
Rivers |
23
|
19,697,543,088.48 |
19,683,134,784.18 |
828,776,094.83 |
2,252,886,917.87 |
2,252,886,917.87 |
540,265,837.21 |
23,305,063,634.08 |
32 |
|
33 |
Sokoto |
23
|
2,696,035,689.98 |
2,680,245,854.36 |
383,511,853.80 |
2,133,528,394.90 |
2,133,528,394.90 |
278,106,162.21 |
5,475,392,265.27 |
33 |
|
34 |
Taraba |
16
|
2,553,144,691.98 |
2,537,745,729.96 |
380,072,113.30 |
1,655,259,792.84 |
1,655,259,792.84 |
215,684,598.55 |
4,788,762,234.64 |
34 |
|
35 |
Yobe |
17
|
2,533,274,866.34 |
2,513,265,307.29 |
391,261,991.38 |
1,621,971,765.84 |
1,621,971,765.84 |
229,954,149.06 |
4,756,453,213.57 |
35 |
|
36 |
Zamfara |
14
|
2,541,822,973.96 |
2,466,445,993.85 |
362,437,198.78 |
1,529,659,001.77 |
1,529,659,001.77 |
194,289,290.82 |
4,552,831,485.22 |
36 |
|
37 |
FCT-Abuja |
6
|
0.00 |
0.00 |
0.00 |
659,296,239.38 |
659,296,239.38 |
514,778,386.67 |
1,174,074,626.05 |
37 |
|
|
State’s total |
774 |
142,004,633,124.94 |
139,415,457,580.35 |
17,148,176,306.76 |
74,090,678,384.24 |
74,090,678,384.24 |
12,003,723,414.74 |
242,658,035,686.08 |
|
|
38 |
FGN |
|
189,470,725,110.76 |
185,777,684,838.67 |
5,144,452,892.03 |
0.00 |
0.00 |
0.00 |
190,922,137,730.70 |
38 |
|
39 |
Customs |
|
1,739,331,829.49 |
1,739,331,829.49 |
0.00 |
0.00 |
0.00 |
0.00 |
1,739,331,829.49 |
39 |
|
40 |
Transfer to Excess Crude |
176,919,369,808.93 |
176,919,369,808.93 |
0.00 |
0.00 |
0.00 |
0.00 |
176,919,369,808.93 |
40 |
|
41 |
FIRS |
1,223,384,902.98 |
1,223,384,902.98 |
1,429,014,692.23 |
0.00 |
0.00 |
0.00 |
2,652,399,595.21 |
41 |
|
42 |
Total deduction |
|
0.00 |
6,282,215,816.68 |
0.00 |
0.00 |
0.00 |
0.00 |
6,282,215,816.68 |
42 |
|
43 |
Local Government |
|
74,090,678,384.24 |
74,090,678,384.24 |
12,003,723,414.73 |
0.00 |
0.00 |
0.00 |
0.00 |
43 |
|
|
GRAND TOTAL |
|
585,448,123,161.32 |
585,448,123,161.32 |
35,725,367,305.75 |
74,090,678,384.24 |
74,090,678,384.24 |
12,003,723,414.74 |
621,173,490,467.08 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
This table is brought to you courtesy of the monthly Economic
Confidential magazine.
|
|
|
|
