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Economic Confidential, June, 2009
FEDERATION ACCOUNT: May, 2009
The Sharing of N230bn in May: Akwa Ibom
Still Richer, Cross River poorer
Gross summary of Statutory Revenue and VAT Allocations to 3tiers of
Government,
NCS and FIRS at the Federation Account Allocation Committee Meeting
of May 2009
For the second time this year, the Economic Confidential
reveals that Akwa Ibom is still the
highest recipient from the Federation Account Allocation
in May 2009 receiving a total sum of
N8.3bn followed by Rivers State which received N8.05bn, Delta
N7.4bn, Lagos N6.7bn and Kano N5.18bn. The lowest recipients
include the oil-producing Cross River
state which received N2.088bn only higher in allocation than Gombe
N2.12bn, Nasarawa N2.081bn, Ebonyi N2.04bn and Ekiti N2.20bn.
In the findings of the Economic Confidential the
figures are total net allocations from the Statutory
and VAT proceeds to the states and their local government
councils. The Economic Confidential can also confirm other
disbursements in April 2009: Federal 95bn, FCT Councils N749million,
Nigerian Customs Service (NCS) N1.54bn, and Federal Inland Revenue
Service (FIRS) N2.69bn.
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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 |
1,441,510,017.54 |
1,427,925,061.78 |
303,884,768.13 |
768,845,602.51 |
768,845,602.51 |
181,020,580.78 |
2,681,676,013.19 |
1 |
|
2 |
Adamawa |
21 |
1,286,819,468.88 |
1,276,260,592.52 |
318,422,145.17 |
989,429,440.83 |
989,429,440.83 |
217,155,063.53 |
2,801,267,242.05 |
2 |
|
3 |
Akwa Ibom |
31 |
6,463,142,432.89 |
6,379,152,193.73 |
331,826,059.58 |
1,304,858,395.71 |
1,304,858,395.71 |
293,876,178.03 |
8,309,712,827.05 |
3 |
|
4 |
Anambra |
21 |
1,299,787,029.66 |
1,250,089,130.71 |
358,130,33.23 |
980,823,239.58 |
980,823,239.58 |
243,824,035.13 |
2,832,866,738.65 |
4 |
|
5 |
Bauchi |
20 |
1,507,512,581.34 |
1,379,791,758.15 |
365,981,234.85 |
1,134,385,232.27 |
1,134,385,232.27 |
243,412,075.50 |
3,123,570,300.77 |
5 |
|
6 |
Bayelsa |
8 |
3,163,346,710.33 |
3,152,964,745.02 |
276,030,403.69 |
417,357,251,86 |
417,357,251,86 |
101,185,934.68 |
3,947,538,335.25 |
6 |
|
7 |
Benue |
23 |
1,389,575,766.79 |
1,378,671,657.29 |
358,482,657.13 |
1,153,439,503.85 |
1,153,439,503.85 |
257,412,793.14 |
3,148,006,611.41 |
7 |
|
8 |
Borno |
27 |
1,533,205,834.75 |
1,521,010,258.81 |
337,868,125.29 |
1,325,618,681.37 |
1,325,618,681.37 |
271,702,764.50 |
3,456,196,829.97 |
8 |
|
9 |
Cross River |
18 |
1,207,997,925.08 |
777,318,822.56 |
300,950,438.30 |
823,779,992.57 |
823,779,992.57 |
186,138,625.32 |
2,088,187,878.74 |
9 |
|
10 |
Delta |
25 |
5,794,522,501.92 |
5,730,539,988.45 |
378,662,358.25 |
1,088,821,708.12 |
1,088,821,708.12 |
281,949,874.00 |
7,479,973,938.82 |
10 |
|
11 |
Ebonyi |
13 |
1,066,823,242.49 |
1,045,357,200.67 |
277,560,655.14 |
586,887,269.88 |
586,887,269.88 |
136,879,203.23 |
2,046,684,328.92 |
11 |
|
12 |
Edo |
18 |
1,545,916,228.92 |
1,473,992,795.28 |
325,882,655.11 |
824,512,844.11 |
824,512,844.11 |
201,788,374.59 |
2,826,176,669.09 |
12 |
|
13 |
Ekiti |
16 |
1,076,113,227.40 |
1,053,300,294.71 |
303,948,187.79 |
670,701,806.76 |
670,701,806.76 |
172,828,257.21 |
2,200,778,546.47 |
13 |
|
14 |
Enugu |
17 |
1,214,114,082.54 |
1,183,056,127.85 |
318,548,595.73 |
794,654,162.93 |
794,654,162.93 |
191,043,348.65 |
2,487,302,235.16 |
14 |
|
15 |
Gombe |
11 |
1,141,314,965.81 |
1,131,682,573.04 |
282,598,585.94 |
579,898,579.89 |
579,898,579.89 |
127,195,678.03 |
2,121,335,416.91 |
15 |
|
16 |
Imo |
27 |
1,579,044,804.1 1 |
1,200,212,323.85 |
336,480,167.89 |
1,150,600,989.31 |
1,150,600,989.31 |
270,127,627.51 |
2,957,421,108.56 |
16 |
|
17 |
Jigawa |
27 |
1,423,764,463.01 |
1,397,780,148.93 |
354,242,303.44 |
1,207,156,737.33 |
1,207,156,737.33 |
281,915,233.57 |
3,241,094,423.27 |
17 |
|
18 |
Kaduna |
23 |
1,622,680,473.30 |
1,541,239,849.99 |
415,123,697.08 |
1,294,755,354.06 |
1,294,755,354.06 |
296,883,783.02 |
3,548,002,684.16 |
18 |
|
19 |
Kano |
44 |
2,033,722,780.02 |
1,954,618,945.52 |
566,562,011.05 |
2,124,874,355.51 |
2,124,874,355.51 |
535,774,783.36 |
5,181,830,095.44 |
19 |
|
20 |
Katsina |
34 |
1,546,640,091.22 |
1,486,841,697.24 |
393,751,958.85 |
1,553,510,279.87 |
1,553,510,279.87 |
356,382,183.12 |
3,790,486,199.09 |
20 |
|
21 |
Kebbi |
21 |
1,293,673,967.18 |
1,144,926,566.40 |
306,571,403.31 |
965,000,055.47 |
965,000,055.47 |
210,525,931.89 |
2,627,023,957.08 |
21 |
|
22 |
Kogi |
21 |
1,290,445,067.82 |
1,250,324,035.93 |
315,454,322.77 |
1,000,190,936.36 |
1,000,190,936.36 |
215,825,442.36 |
2,781,794,737.43 |
22 |
|
23 |
Kwara |
16 |
1,175,942,020.91 |
1,118,936,545.29 |
297,364,539.97 |
768,121,257.89 |
768,121,257.89 |
168,959,010.77 |
2,353,381,358.91 |
23 |
|
24 |
Lagos |
20 |
1,837,106,483.20 |
1,120,341,488.68 |
2,717,944,871.90 |
1,290,712,513.21 |
1,290,712,513.21 |
1,624,529,786.41 |
6,753,528,660.17 |
24 |
|
25 |
Nassarawa |
13 |
1,101,798,530.28 |
1,054,159,471.75 |
276,949,613.44 |
614,661,767.83 |
614,661,767.83 |
135,418,559.14 |
2,081,189,412.16 |
25 |
|
26 |
Niger |
25 |
1,504,822,432.65 |
1,299,558,248.15 |
340,020,660.74 |
1,245,586,933.45 |
1,245,586,933.45 |
258,986,408.76 |
3,144,152,251.10 |
26 |
|
27 |
Ogun |
20 |
1,257,672,687.08 |
1,201,565,445.17 |
333,100,656.46 |
921,709,772.44 |
921,709,772.44 |
221,047,874.87 |
2,677,423,748.94 |
27 |
|
28 |
Ondo |
18 |
2,239,430,043.11 |
2,207,656,500.60 |
364,699,190.60 |
850,786,281.02 |
850,786,281.02 |
225,119,095.90 |
3,648,261,068.12 |
28 |
|
29 |
Osun |
30 |
1,192,836,364.49 |
1,156,655,991.76 |
337,277,386.44 |
1,159,468,729.32 |
1,159,468,729.32 |
288,644,937.68 |
2942,047,045.20 |
29 |
|
30 |
Oyo |
33 |
1,502,829,766.97 |
1,325,547,375.89 |
429,653,537.99 |
1,482,655,180.86 |
1,482,655,180.86 |
369,884,396.48 |
3,607,740,491.22 |
30 |
|
31 |
Plateau |
17 |
1,262,076,301.44 |
1,165,593,351.31 |
310,217,969.68 |
848,691,370.49 |
848,691,370.49 |
185,926,448.31 |
2,510,429,139.80 |
31 |
|
32 |
Rivers |
23 |
6,086,226,892.26 |
6,056,875,793.19 |
526,300,124.94 |
1,111,321,375.17 |
1,111,321,375.17 |
354,291,717.36 |
8,052,789,010.66 |
32 |
|
33 |
Sokoto |
23 |
1,341,689,226.54 |
1,322,297,243.90 |
322,242,508.03 |
1,065,312,979.04 |
1,065,312,979.04 |
234,510,095.14
|
2,944,462,826.11 |
33 |
|
34 |
Taraba |
16 |
1,270,841,958.01 |
1,259,994,628.83 |
281,767,898.22 |
848,008,215.53 |
848,008,215.53 |
159,652,809.61 |
2,549,423,552.18 |
34 |
|
35 |
Yobe |
17 |
1,261,269,915.76 |
1,235,177,090.89 |
277,548,679.31 |
822,361,241.19 |
822,361,241.19 |
163,903,247.23 |
2,498,990,258.61 |
35 |
|
36 |
Zamfara |
14 |
1,265,104,590.98 |
1,254,224,529.28 |
310,378,039.43 |
772,050,676.34 |
772,050,676.34 |
166,431,284.21 |
2,503,084,529.28 |
36 |
|
37 |
FCT-Abuja |
6 |
0.00 |
0.00 |
0.00 |
328,553,111.01 |
328,553,111.01 |
420,544,585.37 |
749,097,696.38 |
37 |
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State’s total |
774 |
66,221,329,876.68 |
62,915,740,473.08 |
14,652,425,754.88 |
36,870,063,824.95 |
36,870,063,824.95 |
10,256,698,028.42 |
124,694,928,081.32 |
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|
38 |
FGN |
|
94,287,134,092.14 |
91,364,273,257.42 |
4,395,727,726.46 |
0.00 |
0.00 |
0.00 |
95,760,000,983.88 |
38 |
|
39 |
Customs |
|
1,549,604,335.21 |
1,549,604,335.21 |
0.00 |
0.00 |
0.00 |
0.00 |
1,549,604,335.21 |
39 |
|
40 |
Transfer to Excess Crude |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
40 |
|
41 |
FIRS |
1,469,610,613.64 |
1,469,610,613.64 |
1,221,035,479.57 |
0.00 |
0.00 |
0.00 |
2,690,646,093.22 |
41 |
|
42 |
Total deduction |
|
0.00 |
6,228,450,238.33 |
0.00 |
0.00 |
0.00 |
0.00 |
6,228,450,238.33 |
42 |
|
43 |
Local Government |
|
36,870,063,824.95 |
36,870,063,824.95 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
43 |
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GRAND TOTAL |
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200,397,742,742.62 |
200,397,742,742.62 |
30,525,886,989.34 |
36,870,063,824.95 |
36,870,063,824.95 |
10,256,698,028.42 |
230,923,629,731.96 |
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This table is provided by the Economic Confidential |
