Excess Crude Distribution of N206bn in April 2009

The Economic Confidential exclusively obtained two tables of disbursements from the Excess Crude Accounts for the Federal, States and Local Governments after the April 2009 meeting of the Federation Account Allocation Committee. In this table created by the Economic Confidential on the allocations, it indicates that a distribution of the Sum of N119,090,314,931.27 from Excess Crude Proceeds were made being difference between Budget and Actual in January and February 2009, while another  distribution of the Sum of N85,203,891,327.78 from Excess Crude Proceeds was the difference between Budget and Actual in March 2009. All the allocations were made in April 2009 in addition to the traditional monthly disbursements of statutory revenue from the Federation and VAT proceeds which is in another table in the Facts and Figures. In essence three distributions were made: Statutory and VAT Allocations and two distributions from the Excess Crude Account.

Akwa Ibom led other states as the highest recipient for the first time in many years with a total sum of N10.6bn followed by Delta N10bn, Rivers N7.7bn, Kano N4.1bn, Bayelsa N4bn, Lagos N3.1bn and Ondo N3.5bn. Though the Federal Government receives a total sum of N93bn, the details for other states are listed in the table below.

Distribution of the Sum of N119,090,314,931.27 From Excess Crude Proceeds Being Difference Between Budget and Actual in January and February 2009

Distribution of the Sum of N85,203,891,327.78 From Excess Crude Proceeds Being Difference Between Budget and Actual in March 2009

Grand TOTAL of THE TWO ALLOCATIONS

1

s/no

2

state

3

no of lgCs

4

STATE GOVERNMENT NET statutory + min revenue

5

Local GovT NET statutory revenue

6

total paid

7

STATE GOVT statutory + min revenue

8

LOCAL GOVT statutory revenue

9

total paid

10

GRAND TOTAL

6+9

s/no

=N=

=N=

=N=

=N=

=N=

=N=

1

Abia

17

839,512,241.51

445,069,836.49

1,415,241,115.40

651,291,251.41

318,427,925.93

969,719,177.34

2384960292.74

1

2

Adamawa

21

744,914,881.13

572,761,550.58

1,317,676,431.71

532,953,899.80

409,785,740.68

942,739,630.49

2260416062.20

2

3

Akwa Ibom

31

4,324,166,350.70

755,357,266.69

6,505,475,845.66

3,646,,599.331.67

540,424,958.17

4,187,024,289.84

10692500135.50

3

4

Anambra

21

752,421,551.05

567,779,587.27

1,320,201,138.32

538,324,582.53

406,221,364.68

944,545,947.21

2264747085.53

4

5

Bauchi

20

872,675,061.83

656,673,652.28

1,529,348,043.59

624,360,689.41

469,821,165.05

1,094,181,854.46

2623529898.05

5

6

Bayelsa

8

2,990,665,573.07

241,600,034.17

2,125,398,043.59

1,710,552,308.50

172,854,,216.30

1,883,406,524.80

4008804568.39

6

7

Benue

23

804,398,512.91

667,703,801.26

1,472,102,314.17

575,511,816.54

477,712,752.33

1,053,244,568.87

2525346883.04

7

8

Borno

27

887,543,178.95

767,374,994.19

1,654,918,173.15

634,998,174.38

549,023,114.52

1,184,021,288.91

2838939462.06

8

9

Cross River

18

1,012,038,554.07

476,870,291.51

911,767,623.95

500,308,868.97

341,179,755.20

841,488,624.18

1753256248.13

9

10

Delta

25

2,901,363,327.47

630,297,810.14

6,545,285,945.19

3,244,194,130.23

450,950,408.10

3,695,144,538.33

10240430483.52

10

11

Ebonyi

13

617,563,324.22

339,737,679.96

957,301,004.18

441,839,442.57

243,067,392.84

684,906,835.41

1642207839.59

11

12

Edo

18

739,370,049.89

477,294,525.08

1,664,388,691.30

702,571,485.39

341,483,275.70

1,044,054,761.08

2708443452.38

12

13

Ekiti

16

622,941,116.65

388,256,292.93

1,011,197,409.59

445,687,,016.93

277,780,330.08

723,467,347.00

1734664756.59

13

14

Enugu

17

705,827,140.37

460,009,912.53

1,162,837,052.90

502,841,959.27

392,116,894.35

831,958,853.62

1994795906.52

14

15

Gombe

11

660,685,140.89

335,668,907.38

996,354,048.27

472,691,209.01

240,156,364.71

712,847,573.73

1709201622.00

15

16

Imo

27

994,955,037.83

666,060,640.14

1,648,844,944.15

707,127,994.26

476,537,142.70

1,183,665,136.95

2832510081.10

16

17

Jigawa

27

824,189,687.35

698,799,667.90

1,522,989,355.25

589,671,532.86

499,960,479.56

1,089,632,012.42

2612621367.67

17

18

Kaduna

23

939,338,315.22

749,508,811.45

1,688,847,126.67

672,055,320.17

536,240,645.23

1,208,295,965.40

2897143092.07

18

19

Kano

44

1,177,282,749.89

1,230,048,632.50

2,407,331,382.39

842,294,115.51

880,045,787.70

1,722,339,903.24

4129671285.63

19

20

Katsina

34

895,320,009.97

899,297,029.20

1,794,617,039.17

640,562,155.51

643,407,538.15

1,283,969,693.66

3078586732.83

20

21

Kebbi

21

748,882,817.52

558,619,852.28

1,307,502,669.80

535,792,774.06

399,667,976.48

935,460,750.54

2242963420.34

21

22

Kogi

21

747,013,670.18

578,991,172.03

1,326,004,842.21

534,455,481.21

414,242,761.30

948,698,242.51

2274703084.72

22

23

Kwara

16

680,730,072.80

444,650,527.41

1,125,380,600.21

487,032,477.66

318,127,928.69

805,160,406.35

1930541006.56

23

24

Lagos

20

1,063,465,381.64

747,168,489.14

1,810,633,870.78

760,862,786.03

534,566,247.38

1,295,429,033.41

3106062904.19

24

25

Nassarawa

13

637,809,841.29

355,815,799.18

993,625,640.47

456,324,936.55

254,570,581.19

710,895,517.74

1704521158.21

25

26

Niger

25

871,112,576.90

721,046,164.53

1,592,158,741.43

623,242,800.05

515,876,871.10

1,139,119,671.15

2731278412.58

26

27

Ogun

20

728,042,373.35

533,559,945.42

1,261,602,318.77

520,882,351.32

381,738,713.45

902,621,064.78

2164223383.55

27

28

Ondo

18

1,594,956,806.60

492,503,709.12

2,037,228,761.83

1,121,646,484.18

352,364,779.07

1,474,011,263.25

3511240025.08

28

29

Osun

30

690,509,881.27

671,194,003.17

1,361,703,884.44

494,029,501.21

480,209,838.55

974,239,339.76

2335943224.20

29

30

Oyo

33

869,959,061.32

858,280,383.94

1,728,239,445.26

622,417,510.30

614,061,929.42

1,236,479,439.72

2964718884.98

30

31

Plateau

17

730,591,540.47

491,291,005.97

1,221,882,546.44

522,706,168.46

351,497,143.22

874,203,311.68

2096085858.12

31

32

Rivers

23

6,523,893,053.76

643,322,431.86

3,895,666,569.06

3,399,164,615.67

460,268,953.06

3,859,433,568.73

7755100137.79

32

33

Sokoto

23

776,677,921.71

616,689,061.94

1,393,366,983.65

555,678,950.69

441,213,946.30

996,892,896.99

2390259880.64

33

34

Taraba

16

735,665,809.37

490,895,540.79

1,226,561,350.16

526,336,585.07

351,214,205.24

877,550,790.31

2104112140.47

34

35

Yobe

17

730,124,739.41

476,049,003.80

1,206,173,743.21

522,372,192.80

340,592,159.91

862,964,352.71

2069138095.92

35

36

Zamfara

14

732,344,558.66

446,925,191.69

1,179,269,750.35

523,960,376.01

319,755,351.11

843,715,727.12

2022985477.47

36

37

FCT-Abuja

6

0.00

190,193,036.05

190,193,036.05

0.00

136,074,766.32

136,074,766.32

326267802.37

37

State’s total

774

43,165,951,911.25

21,343,366,241.98

64,509,318,158.24

30,883,343,266.23

15,270,241,403.76

46,153,584,670.00

110662902828.24

38

FGN

54,580,996,778.04

0.00

54,580,996,778.04

39,050,306,657.78

0.00

39,050,306,657.78

93631303435.82

38

39

Local Government

21,343,366,241.98

0.00

0.00

15,270,241,403.76

0.00

0.00

41

GRAND TOTAL

119,090,314,931.27

119,090,314,931.27

85,203,891,327.78

85,203,891,327.78

204294206259.05