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Economic Confidential,
November 2008
FACTS AND FIGURES
Federation Account: How They Share N579bn in
October 2008
Gross summary of Statutory Revenue and VAT Allocations to 3tiers of
Government,
NCS and FIRS at the Federation Account Allocation Committee Meeting
of October 2008
As part of the two allocations in October 2008, the Economic
Confidential magazine provides here the distribution of a total
sum of N579 billion being the statutory and VAT allocations shared
to all tiers of government at the October meeting of the monthly
Federation Account Allocation Committee (FAAC). Other allocations
are in Fact and Figures pages. From the total
disbursement of nets after deductions, the highest recipients are
from the oil producing states with Rivers receiving N18.5bn, Akwa
Ibom N13.2bn, Delta N9.5bn and Bayelsa N8.3bn. The highest
recipients from non-oil –producing states are Lagos N7.9bn and Kano
N7.7bn.
The lowest recipients with as is authoritatively revealed in the
table below are Gombe N2.7bn, Nasarawa N2.6bn, Ebonyi N3bn and Ekiti
N3.3bn. The Economic Confidential can also confirm
other disbursements in October 2008: Federal 156bn, FCT Councils
N844million, Nigerian Customs Service (NCS) N1.4bn, and Federal
Inland Revenue Service (FIRS) N2.5bn. Please check Facts and Figures
of this magazine to see the second allocation from Excess Crude
Account. Please see the other Allocation from the
Excess Crude HERE
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State government
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Local government |
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|
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 |
2,314,402,914.19 |
2,146,117,100.99 |
300,011,249.98 |
1,272,417,380.16 |
1,272,417,380.16 |
179,243,275.67 |
3,897,789,006.80 |
1 |
|
2 |
Adamawa |
21 |
2,129,649,245.55 |
1,957,392,390.78 |
305,684,998.75 |
1,637,477,294.33 |
1,637,477,294.33 |
209,055,764.59 |
4,109,610,448.44 |
2 |
|
3 |
Akwa Ibom |
31 |
10,586,085,453.42 |
10,359,421,241.10 |
368,778,061.01 |
2,159,503,151.12 |
2,159,503,151.12 |
313,598,560.82 |
13,201,300,969.05 |
3 |
|
4 |
Anambra |
21 |
2,151,110,186.03 |
2,061,508,553.53 |
344,932,029.55 |
1,623,234,278.55 |
1623,234,278.55 |
235,630,344.82 |
4,265,305,206.45 |
4 |
|
5 |
Bauchi |
20 |
2,494,904,900.02 |
2,248,573,265.58 |
371,360,060.96 |
1,877,374,964.00 |
1,877,374,964.00 |
246,637,071.30 |
4,743,945,361.85 |
5 |
|
6 |
Bayelsa |
8 |
7,359,525,510.38 |
7,354,330,861.31 |
254,638,146.65 |
690,714,259.49 |
690,714,259.49 |
91,155,145.14 |
8,390,838,412.58 |
6 |
|
7 |
Benue |
23 |
2,299,707,966.00 |
1,843,062,890.88 |
325,258,699.44 |
1,908,909,235.96 |
1,908,909,235.96 |
253,009,875.50 |
4,357,240,701.78 |
7 |
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8 |
Borno |
27 |
2,537,411,601.40 |
2,529,021,236.56 |
374,051,955.15 |
2,193,860,827.36 |
2,193,860,827.36 |
291,849,657.17 |
5,388,783,676.24 |
8 |
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9 |
Cross River |
18 |
2,737,740,532.93 |
2,152,322,528.03 |
296,961,610.67 |
1,363,332,217.22 |
1,363,332,217.22 |
183,871,313.94 |
3,996,487,669.86 |
9 |
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10 |
Delta |
25 |
7,226,027,662.18 |
7,104,470,152.71 |
357,280,516.32 |
1,801,968,640.75 |
1,801,968,640.75 |
268,601,612.39 |
9,532,320,922.16 |
10 |
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11 |
Ebonyi |
13 |
1,765,561,812.23 |
1,707,435,275.74 |
270,366,050.25
|
971,281,568.04 |
971,281,568.04 |
133,874,782.40 |
3,082,957,680.44 |
11 |
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12 |
Edo |
18 |
2,095,671,846.00 |
1,836,492,279.74 |
311,748,484.42 |
1,364,545,065.47 |
1,364,545,065.47 |
193,762,277.25 |
3,706,548,693.99 |
12 |
|
13 |
Ekiti |
16 |
`1,780,936,470.32 |
1,768,384,149.89 |
282,517,956.68 |
1,109,992,218.26 |
1,109,992,218.26 |
161,018,734.85 |
3,321,913,059.69 |
13 |
|
14 |
Enugu |
17 |
2,009,323,920.27 |
1,779,139,474.93 |
328,152,216.61 |
1,315,129,806.07 |
1,315,129,806.07 |
197,597,568.18 |
3,620,019,065.80 |
14 |
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15 |
Gombe |
11 |
1,888,843,473.90 |
1,318,586,280.03 |
298,903,663.26 |
959,649,288.08 |
959,649,288.08 |
139,144,744.57 |
2,716,282,975.94 |
15 |
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16 |
Imo |
27 |
2,772,801,963.31 |
2,558,809,384.82 |
336,943,981.75 |
1,904,211,575.96 |
1,904,211,575.96 |
268,429,559.81 |
5,068,385,502.34 |
16 |
|
17 |
Jigawa |
27 |
2,356,289,275.86 |
2,336,721,787.22 |
380,943,553.23 |
1,997,809,713.86 |
1,997,809,713.86 |
295,560,794.11 |
5,012,035,848.42 |
17 |
|
18 |
Kaduna |
23 |
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