Federation Account: The Sharing of N241bn in April 2009

Akwa Ibom is now the Richest Oil Producing State in Nigeria

Gross summary of Statutory Revenue and VAT Allocations to 3tiers of Government,

NCS and FIRS at the Federation Account Allocation Committee Meeting of April 2009

After many years of being the highest recipient from the Federation Account, Rivers State has been dropped from its position by Akwa Ibom State in the table of distribution at the meeting of the Federation Account Allocation Committee in April 2009. In a table of the disbursement exclusively obtained by the Economic Confidential it reveals that Akwa Ibom received the highest amount amongst the states with the sum of N9.1bn, followed by Rivers N8.9bn, Delta N8.2bn and Bayelsa N4.2bn. Ondo, Edo and Cross River, though among oil producing, their allocations are not much different from non-oil states as they shared N3.8bn, 3bn and N2.2bn respectively. The major factor for the new changes may not be unconnected with disruptions of oil productions by militants in some states and the forfeiture of Bakassi, oil-rich Peninsula to Cameroon from Cross River State.

Some of the non-oil states are even richer than those in Niger Delta region with Lagos receiving N7.5bn, Kano 5.2bn, Katsina N3.9bn, Oyo N3.7bn, Kaduna N3.5bn and even Jigawa and Osun States in 3billion bracket. 

The lowest recipients in the table of distribution are Gombe N2bn, Nasarawa N2.1bn, Ebonyi N2.1bn and Ekiti N2.1bn. The Economic Confidential can also confirm other disbursements in April 2009: Federal 98bn, FCT Councils N824million, Nigerian Customs Service (NCS) N1.5bn, and Federal Inland Revenue Service (FIRS) N2.3bn.

This table is one part of the three allocations in April 2009 (please see another table in the Facts and Figures on Excess Crude Account). The Economic Confidential magazine provides here the summary of the distribution of a total sum of N241 billion which was shared to all tiers of government at the April meeting of the monthly Federation Account Allocation Committee (FAAC) based on the new indices.

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

1,506,407,636.15

1,506,407,636.15

353,451,510.40

783,942,309.59

783,942,309.59

210,546,905.93

2,840,763,406.31

1

2

Adamawa

21

1,312,086,878.25

896,550,783.14

370,360,083.69

1,008,857,433.12

1,008,857,433.12

252,575,295.79

2,528,343,595.74

2

3

Akwa Ibom

31

7,243,957,838.36

7,086,568,376.45

385,950,314.89

1,330,480,009.35

1,330,480,009.35

341,810,415.96

9,144,809,116.65

3

4

Anambra

21

1,325,309,064.23

1,263,545,540.28

416,545,087.08

1,000,082,244.37

1,000,082,244.37

283,594,251.93

2,963,767,123.66

4

5

Bauchi

20

1,537,122,598.3        1

643,408,400.12

425,676,551.79

1,156,659,511.41

1,156,659,511.41

283,115,097.43

2,508,859,560.74

5

6

Bayelsa

8

3,495,444,814.43

3,393,656,599.12

321,053,811.63

429,552,291.48

429,552,291.48

117,690,405.04

4,257,953,107.27

6

7

Benue

23

1,416,860,852.70

1,315,464,555.70

416,954,878.64

1,176,087,924.11

1,176,087,924.11

299,399,476.63

3,207,906,835.07

7

8

Borno

27

1,563,311,176.18

1,390,522,131.49

392,974,414.55

1,351,647,934.65

1,351,647,934.65

316,020,289.82

3,451,164,770.52

8

9

Cross River

18

1,231,717,630.01

800,259,360.83

350,038,561.09

839,955,366.66

839,955,366.66

216,499,756.36

2,206,753,044.94

9

10

Delta

25

6,477,596,901.71

6,413,614,388.24

440,426,108.93

1,110,201,322.35

1,110,201,322.35

372,938,808.64

8,292,180,628.16

10

11

Ebonyi

13

1,087,770,904.72

1,046,209,564.46

322,833,662.88

598,411,124.83

598,411,124.83

159,205,614.10

2,126,659,966.27

11

12

Edo

18

1,618,284,364.99

1,546,360,931.35

379,037,479.81

840,702,608.15

840,702,608.15

234,702,141.27

3,000,803160.59

12

13

Ekiti

16

1,097,234,303.61

928,739,777.17

353,525,247.47

683,871,406.33

683,871,406.33

201,018,329.84

2,167,154,787.80

13

14

Enugu

17

1,237,953,881.58

1,206,594,286.26

370,507,159.65

810,257,653.31

810,257,653.31

222,204,490.70

2,609,563,571.92

14

15

Gombe

11

1,163,725,314.09

1,028,610,421.32

328,693,332.19

591,244,422.64

591,244,422.64

147,942,605.99

2,096,490,782.14

15

16

Imo

27

1,645,884,324.32

1,255,137,039.37

391,363,556.31

1,173,193,673.77

1,173,193,673.77

314,188,231.72

3,133,882,501.17

16

17

Jigawa

27

1,451,720,862.80

1,073,606,767.47

412,022,879.50

1,230,859,925.07

1,230,859,925.07

327,898,518.00

3,044,388,090.04

17

18

Kaduna

23

1,654,542,698.57

1,426,928,575.26

482,834,656.84

1,320,178,588.91

1,320,178,588.91

345,308,592.36

3,575,250,413.38

18

19

Kano

44

2,073,656,047.48

1,779,549,923.45

658,974,122.91

2,166,597,434.39

2,166,597,434.39

623,165,180.61

5,228,286,661.36

19

20

Katsina

34

1,577,009,221.68

1,517,210,827.70

457,976,967.52

1,584,014,310.28

414,511,795.65

3,973,713,901.14

20

21

Kebbi

21

1,319,075,968.40

789,680,036.37

356,576,363.52

983,948,363.32

983,948,363.32

244,864,884.36

2,375,069,647.58

21

22

Kogi

21

1,315,783,667.87

926,148,604.69

366,908,178.83

1,019,830,236.55

1,019,830,236.55

251,028,799.69

2,563,915,819.76

22

23

Kwara

16

1,199,032,290.49

1,142,026,814.87

345,867,765.73

783,203,742.06

783,203,742.06

196,517,969.36

2,467,616,292.02

23

24

Lagos

20

1,873,179,081.33

11,152,551,073.07

3,161,269,734.21

1,316,056,364.65

1,316,056,364.65

1,889,507,362.42

7,519,384,534.36

24

25

Nassarawa

13

1,123,432,951.56

1,003,400,143.03

322,122,953.98

626,730,990.35

626,730,990.35

157,506,723.88

2,109,760,811.24

25

26

Niger

25

1,534,370,450.34

1,214,482,828.34

395,481,540.08

1,270,044,719.27

1,270,044,719.27

301,229,765.20

3,181,238,852.90

26

27

Ogun

20

1,282,367,783.33

1,226,830,072.67

387,432,811.68

939,808,051.73

939,808,051.73

257,103,064.84

2,811,174,000.92

27

28

Ondo

18

2,414,316,115.03

2,335,059,859.24

424,185,329.89

867,491,938.47

867,491,938.47

261,838,344.04

3,888,575,534.64

28

29

Osun

30

1,216,258,363.82

1,159,968,616.09

392,290,809.43

1,182,235,536.74

1,182,235,536.74

335,725,906.31

3,070,220,868.57

29

30

Oyo

33

1,532,338,657.58

1,334,946,891.50

499,737,464.78

1,511,767,932.35

1,511,767,932.35

430,216,359.37

3,776,665,647.99

30

31

Plateau

17

1,286,875,865.09

684,167,102.46

360,817,722.50

865,355,893.22

865,355,893.22

216,252,971.10

2,126,593,689.28

31

32

Rivers

23

6,798,060,214.44

6,768,709,115.37

612,145,107.61

1,133,142,782.76

1,133,142,782.76

416,732,794.62

8,930,729,800.36

32

33

Sokoto

23

1,368,034,033.84

1,035,282,141.04

374,803,587.17

1,086,230,986.42

1,086,230,986.42

272,761,112.19

2,769,077,826.82

33

34

Taraba

16

1,295,795,640.15

763,164,873.47

327,727,150.73

864,659,324.13

864,659,324.13

185,693,830.73

2,141,245,179.06

34

35

Yobe

17

1,286,035,645.58

1,171,172,726.96

322,819,733.66

838,508,757.32

838,508,757.32

190,637,558.61

2,523,138,776.55

35

36

Zamfara

14

1,289,945,616.76

1,070,154,742.56

322,819,733.66

787,210,316.81

787,210,316.81

193,577,944.51

2,411,946,905.17

36

37

FCT-Abuja

6

0.00

0.00

0.00

335,004,432.39

335,004,432.39

489,139,747.97

824,144,180.36

37

State’s total

774

69,852,490,655.72

61,283,106,571.28

17,042,387,632.84

37,594,027,845.31

37,594,027,845.31

11,929,671,342.99

127,849,193,392.43

38

FGN

96,138,513,926.76

93,215,653,092.03

5,112,716,289.85

0.00

0.00

0.00

98,328,369,381.88

38

39

 Customs

1,518,501,235.50

1,518,501,235.50

0.00

0.00

0.00

0.00

1,518,501,235.50

39

40

Transfer to Excess Crude

479,769,054.56

479,769,054.56

0.00

0.00

0.00

0.00

479,769,054.56

40

41

FIRS

882,575,008.93

882,575,008.93

1,420,198,969.40

0.00

0.00

0.00

2,302,773,978.33

41

42

Total deduction

0.00

0.00

0.00

0.00

0.00

11,492,244,919.17

42

43

Local Government

37,594,027,845.31

37,594,027,845.31

11,929,671,342.99

0.00

0.00

0.00

0.00

43

GRAND TOTAL

206,465,877,726.78

206,465,877,726.78

35,504,974,235.09

37,594,027,845.31

37,594,027,845.31

11,929,671,342.99

241,970,851,961.87