|
Economic Confidential,
September 2008
FEDERATION ACCOUNT: Double Allocations
in August 2008
From documents obtained by Nigeria’s
economic journal, the Economic Confidential, two allocations
were made comprising statutory
allocations, VAT
Disbursement and Augumentation from the Excess Crude Account
as net after deductions at the monthly meeting of the Federation
Account Allocation Committee (FAAC) in Abuja
in August 2008 .
The first computed table (below) shows
that the disbursements were made to federal government, states (with
their Local Government Councils) and two revenue generating agencies
(Nigerian Customs Service and Federal Inland Revenue Service).
From the disbursement in July 2008,
the highest recipients are mostly oil producing states of Rivers
which receives N17.6bn, Akwa Ibom N12.bn, Delta N9.bn, Bayelsa N8bn
and Ondo N5.9bn. In the second allocation from the augmentation in
the next table Rivers receives N4.7bn, Akwa Ibom N3.3bn, Delta
N2.3bn, Bayelsa N2.1bn and Ondo N1.3bn.
The highest recipients from non-oil
–producing states are Lagos N9bn, Kano N8.1bn, Katsina N5.8bn and
Oyo N5.5bn. In the next table from the augmentation Lagos, Kano,
Katsina and Oyo State each receives an amount in the region of N1
billion.
The lowest recipients with less
thanN4bn in the table are Ekiti N3.3bn, Nasarawa N3.2bn, Gombe
N3.2bn and Ebonyi N3.1bn. Also in the second allocation for
augmentation Ekiti receives N668mn, Nasarawa N656mn, Gombe N658mn
and Ebonyi N632mn.
The Economic Confidential
can also confirm other disbursements in June 2008: Federal N154.6,
FCT Councils N939mn. They also have additional from augmentation. FG
has N36bn, and FCT local government council N125mn.
|
S/NO |
STATES |
NO OF L/GOVTS |
GROSS STATUTORY REVENUE |
NET STATUTORY REVENUE |
VAT SHARED |
GROSS STATUTORY REVENUE |
NET STATUTORY REVENUE |
NET VAT TO L/GOVT |
TOTAL PAID (5+6+8+9) |
S/NO |
|
|
|
|
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
=N= |
|
|
1 |
ABIA |
17 |
2,254,761,825.69 |
2,240,526,012.49 |
355,018,953.67 |
1,250,906,577.27 |
1,250,906,577.27 |
211,805,985.53 |
4,058,257,528.97 |
1 |
|
2 |
ADAMAWA |
21 |
2,093,646,542.46 |
2,077,336,062.69 |
353,087,618.39 |
1,609,794,985.16 |
1,609,794,985.16 |
241,722,627.00 |
4,281,941,293.23 |
2 |
|
3 |
AKWA IBOM |
31 |
9,981,859,587.75 |
9,900,494,342.10 |
377,690,456.51 |
2,122,995,753.98 |
2,122,995,753.98 |
333,961,968.93 |
12,735,142,521.53 |
3 |
|
4 |
ANAMBRA |
21 |
2,114,744,675.84 |
2,066,848,668.34 |
389,502,012.53 |
1,595,792,754.14 |
1,595,792,754.14 |
266,955,038.37 |
4,319,098,473.38 |
4 |
|
5 |
BAUCHI |
20 |
2,452,727,381.57 |
2,319,008,247.13 |
429,674,998.15 |
1,845,637,074.04 |
1,845,637,074.04 |
285,159,724.09 |
4,879,480,043.41 |
5 |
|
6 |
BAYELSA |
8 |
6,950,090,477.86 |
6,944,895,828.79 |
332,914,069.65 |
679,037,416.24 |
679,037,416.24 |
127,332,421.95 |
8,084,179,736.63 |
6 |
|
7 |
BENUE |
23 |
2,260,830,341.78 |
2,191,252,992.66 |
404,187,496.11 |
1,876,638,244.58 |
1,876,638,244.58 |
290,912,425.36 |
4,762,991,158.71 |
7 |
|
8 |
BORNO |
27 |
2,494,515,487.55 |
2,486,125,122.71 |
384,601,017.30 |
2,156,772,597.86 |
2,156,772,597.86 |
308,887,290.80 |
5,336,386,028.66 |
8 |
|
9 |
CROSS RIVER |
18 |
2,654,208,254.72 |
2,296,579,666.49 |
351,512,546.44 |
1,340,284,457.06 |
1,340,284,457.06 |
217,371,594.28 |
4,205,748,264.27 |
9 |
|
10 |
DELTA |
25 |
6,848,011,180.27 |
6,795,132,670.80 |
426,921,449.18 |
1,771,505,529.47 |
1,771,505,529.47 |
319,199,550.72 |
9,312,759,200.18 |
10 |
|
11 |
EBONYI |
13 |
1,735,714,175.19 |
1,715,510,267.70 |
326,803,381.02 |
954,861,605.00 |
954,861,605.00 |
162,674,115.67 |
3,159,849,369.39 |
11 |
|
12 |
EDO |
18 |
2,055,904,309.64 |
2,006,594,080.49 |
369,919,049.62 |
1,341,476,801.55 |
1,341,476,801.55 |
229,528,181.19 |
3,947,518,112.85 |
12 |
|
13 |
EKITI |
16 |
1,750,828,917.59 |
1,738,276,597.16 |
326,574,046.48 |
1,091,227,287.67 |
1,091,227,287.67 |
185,715,494.14 |
3,341,793,425.46 |
13 |
|
14 |
ENUGU |
17 |
1,975,355,372.32 |
1,950,700,415.11 |
386,531,709.86 |
1,292,896,929.92 |
1,292,896,929.92 |
232,159,776.98 |
3,862,288,831.88 |
14 |
|
15 |
GOMBE |
11 |
1,856,911,703.49 |
1,838,748,259.62 |
318,773,336.49 |
943,425,974.09 |
943,425,974.09 |
143,433,773.06 |
3,244,381,343.26 |
15 |
|
16 |
IMO |
27 |
2,647,638,436.32 |
2,641,442,295.33 |
387,913,164.25 |
1,872,020,000.69 |
1,872,020,000.69 |
310,175,481.25 |
5,211,550,941.52 |
16 |
|
17 |
JIGAWA |
27 |
2,316,455,118.49 |
2,296,887,629.85 |
390,255,840.86 |
1,964,035,818.89 |
1,964,035,818.89 |
312,936,203.55 |
4,964,115,493.15 |
17 |
|
18 |
KADUNA |
23 |
2,640,090,117.23 |
2,568,329,652.41 |
466,226,258.26 |
2,106,558,173.79 |
2,106,558,173.79 |
334,291,870.09 |
5,475,405,954.56 |
18 |
|
19 |
KANO |
44 |
3,308,853,160.59 |
3,251,463,521.01 |
730,642,842.36 |
3,457,156,155.29 |
3,457,156,155.29 |
661,752,549.71 |
8,101,015,068.37 |
19 |
|
20 |
KATSINA |
34 |
2,516,372,931.65 |
2,476,108,190.12 |
457,283,035.24 |
2,527,550,681.97 |
2,527,550,681.97 |
410,483,259.79 |
5,871,425,167.12 |
20 |
|
21 |
KEBBI |
21 |
2,104,798,764.68 |
1,960,012,798.81 |
357,570,294.20 |
1,570,048,540.97 |
1,570,048,540.97 |
244,651,602.00 |
4,132,283,235.97 |
21 |
|
22 |
KOGI |
21 |
2,099,545,367.34 |
2,065,917,124.38 |
365,932,182.18 |
1,627,303,865.35 |
1,627,303,865.35 |
249,815,976.82 |
4,308,969,148.72 |
22 |
|
23 |
KWARA |
16 |
1,913,249,687.11 |
1,876,414,004.98 |
350,178,503.11 |
1,249,728,073.49 |
1,249,728,073.49 |
199,883,776.75 |
3,676,204,358.33 |
23 |
|
24 |
LAGOS |
20 |
2,988,959,780.07 |
2,267,809,398.51 |
2,895,895,089.02 |
2,099,980,499.17 |
2,099,980,499.17 |
1,784,204,807.29 |
9,047,889,793.99 |
24 |
|
25 |
NASSARAWA |
13 |
1,792,618,731.06 |
1,765,717,893.33 |
311,093,441.28 |
1,000,050,524.67 |
1,000,050,524.67 |
152,203,465.26 |
3,229,065,324.53 |
25 |
|
26 |
NIGER |
25 |
2,448,335,884.97 |
2,349,630,890.66 |
387,036,204.11 |
2,026,561,487.16 |
2,026,561,487.16 |
294,703,084.28 |
5,057,931,666.20 |
26 |
|
27 |
OGUN |
20 |
2,046,224,926.28 |
2,000,471,195.45 |
393,455,458.45 |
1,499,615,544.29 |
1,499,615,544.29 |
260,356,506.65 |
4,153,898,704.84 |
27 |
|
28 |
ONDO |
18 |
3,937,365,612.35 |
3,919,789,609.10 |
384,863,662.13 |
1,384,223,505.08 |
1,384,223,505.08 |
239,252,389.98 |
5,928,129,166.28 |
28 |
|
29 |
OSUN |
30 |
1,940,736,669.47 |
1,912,457,649.24 |
362,691,837.65 |
1,886,447,753.50 |
1,886,447,753.50 |
315,813,825.98 |
4,477,411,066.37 |
29 |
|
30 |
OYO |
33 |
2,445,093,831.43 |
2,268,285,495.86 |
477,244,390.75 |
2,412,269,916.75 |
2,412,269,916.75 |
414,347,830.30 |
5,572,147,633.67 |
30 |
|
31 |
PLATEAU |
17 |
2,053,389,576.97 |
1,973,402,077.69 |
357,047,151.57 |
1,380,815,099.88 |
1,380,815,099.88 |
214,152,067.02 |
3,925,416,396.15 |
31 |
|
32 |
RIVERS |
23 |
14,864,957,479.28 |
14,850,549,174.98 |
583,398,027.24 |
1,808,112,335.07 |
1,808,112,335.07 |
401,959,620.78 |
17,644,019,158.08 |
32 |
|
33 |
SOKOTO |
23 |
2,182,919,265.78 |
2,167,129,430.16 |
365,617,928.20 |
1,733,256,986.82 |
1,733,256,986.82 |
265,987,147.31 |
4,531,991,492.48 |
33 |
|
34 |
TARABA |
16 |
2,067,651,240.71 |
2,052,252,278.69 |
323,951,862.43 |
1,379,703,611.39 |
1,379,703,611.39 |
183,864,371.76 |
3,939,772,124.27 |
34 |
|
35 |
YOBE |
17 |
2,052,077,592.94 |
1,852,758,039.89 |
316,462,030.87 |
1,337,976,158.20 |
1,337,976,158.20 |
186,920,424.40 |
3,694,116,653.35 |
35 |
|
36 |
ZAMFARA |
14 |
2,058,316,583.50 |
1,985,104,091.15 |
381,180,762.82 |
1,256,121,210.65 |
1,256,121,210.65 |
206,454,768.04 |
3,828,860,832.66 |
36 |
|
37 |
FCT-ABUJA |
6 |
0.00 |
0.00 |
0.00 |
534,553,681.78 |
534,553,681.78 |
404,725,478.78 |
939,279,160.57 |
37 |
|
38 |
STATE'S-TOTAL |
774 |
111,905,760,991.95 |
109,069,961,675.89 |
16,579,652,108.37 |
59,987,343,612.88 |
59,987,343,612.88 |
11,605,756,475.86 |
197,242,713,872.99 |
38 |
|
39 |
FGN |
|
153,404,527,258.56 |
149,711,486,986.47 |
4,973,895,632.51 |
0.00 |
0.00 |
0.00 |
154,685,382,618.98 |
39 |
FEDERATION ACCOUNT: SECOND
ALLOCATION IN AUGUST TO AUGMENT BUDGET 2008
From documents obtained by Nigeria’s
economic journal, the Economic Confidential, the second
allocation at the Federation Account Allocation Committee meeting in
August 2008 to augment Budget differences, shows that Rivers
receives N4.7bn, Akwa Ibom N3.3bn, Delta N2.3bn, Bayelsa N2.1bn and
Ondo N1.3bn. These are ol producing states.
The highest recipient from non-oil
producing states from the augmentation are Lagos, Kano, Katsina and
Oyo State which receives an amount in the region of N1 billion each,
while the lowest recipients are Ekiti which receives N668mn,
Nasarawa N656mn, Gombe N658mn and Ebonyi N632mn.
The Economic Confidential
can also confirm that others in the additional distribution are FG
N36bn and FCT local government council N125mn.
|
Distribution to augment
August 2008 budget difference |
|
S/NO |
STATES |
FED. & STATES ALLOCATION |
NET MINERAL REVENUE |
TOTAL (3+4) |
STATE NET |
LG NET ALLOCATION |
TOTAL |
S/NO |
|
1 |
ABIA |
441,014,120.45 |
113,842,863.14 |
554,856,983.60 |
554,856,983.60 |
294,159,030.39 |
849,016,013.99 |
1 |
|
2 |
ADAMAWA |
492,334,957.78 |
- |
492,334,957.78 |
492,334,957.78 |
378,554,034.78 |
870,888,992.56 |
2 |
|
3 |
AKWA IBOM |
498,074,472.59 |
2,359,887,304.84 |
2,857,961,777.43 |
2,857,961,777.43 |
499,236,620.75 |
3,357,198,398.18 |
3 |
|
4 |
ANAMBRA |
497,296,324.66 |
- |
497,296,324.66 |
497,296,324.66 |
375,261,316.70 |
872,557,641.36 |
4 |
|
5 |
BAUCHI |
576,775,213.66 |
- |
576,775,213.66 |
576,775,213.66 |
434,013,876.03 |
1,010,789,089.69 |
5 |
|
6 |
BAYELSA |
394,976,182.31 |
1,581,637,852.33 |
1,976,614,034.64 |
1,976,614,034.64 |
159,680,180.43 |
2,136,294,215.07 |
6 |
|
7 |
BENUE |
531,649,344.00 |
- |
531,649,344.00 |
531,649,344.00 |
441,304,008.19 |
972,953,352.19 |
7 |
|
8 |
BORNO |
586,601,965.68 |
- |
586,601,965.68 |
586,601,965.68 |
507,179,471.02 |
1,093,781,436.70 |
8 |
|
9 |
CROSS RIVER |
462,177,968.11 |
206,706,452.66 |
668,884,420.77 |
668,884,420.77 |
315,176,835.35 |
984,061,256.12 |
9 |
|
10 |
DELTA |
497,779,140.96 |
1,419,812,556.45 |
1,917,591,697.41 |
1,917,591,697.41 |
416,581,348.56 |
2,334,173,045.97 |
10 |
|
11 |
EBONYI |
408,164,772.72 |
- |
408,164,772.72 |
408,164,772.72 |
224,542,079.31 |
632,706,852.03 |
11 |
|
12 |
EDO |
464,590,760.71 |
24,079,463.93 |
488,670,224.64 |
488,670,224.64 |
315,457,223.11 |
804,127,447.75 |
12 |
|
13 |
EKITI |
411,719,105.28 |
- |
411,719,105.28 |
411,719,105.28 |
256,609,379.72 |
668,328,484.99 |
13 |
|
14 |
ENUGU |
464,517,999.63 |
- |
464,517,999.63 |
464,517,999.63 |
304,033,342.07 |
768,551,341.70 |
14 |
|
15 |
GOMBE |
436,665,180.39 |
- |
436,665,180.39 |
436,665,180.39 |
221,852,914.38 |
658,518,094.77 |
15 |
|
16 |
IMO |
495,925,776.64 |
161,667,673.24 |
657,593,449.87 |
657,593,449.87 |
440,217,997.31 |
1,097,811,447.19 |
16 |
|
17 |
JIGAWA |
544,729,881.50 |
- |
544,729,881.50 |
544,729,881.50 |
461,856,131.09 |
1,006,586,012.59 |
17 |
|
18 |
KADUNA |
620,834,811.44 |
- |
620,834,811.44 |
620,834,811.44 |
495,371,214.06 |
1,116,206,025.50 |
18 |
|
19 |
KANO |
778,098,904.51 |
- |
778,098,904.51 |
778,098,904.51 |
812,973,343.51 |
1,591,072,248.03 |
19 |
|
20 |
KATSINA |
591,741,889.54 |
- |
591,741,889.54 |
591,741,889.54 |
594,370,412.13 |
1,186,112,301.67 |
20 |
|
21 |
KEBBI |
494,957,477.27 |
- |
494,957,477.27 |
494,957,477.27 |
369,207,393.16 |
864,164,870.43 |
21 |
|
22 |
KOGI |
493,722,105.82 |
- |
493,722,105.82 |
493,722,105.82 |
382,671,364.82 |
876,393,470.64 |
22 |
|
23 |
KWARA |
449,913,433.25 |
- |
449,913,433.25 |
449,913,433.25 |
293,881,897.36 |
743,795,330.61 |
23 |
|
24 |
LAGOS |
702,873,841.07 |
- |
702,873,841.07 |
702,873,841.07 |
493,824,429.98 |
1,196,698,271.04 |
24 |
|
25 |
NASSARAWA |
421,546,258.83 |
- |
421,546,258.83 |
421,546,258.83 |
235,168,555.37 |
656,714,814.19 |
25 |
|
26 |
NIGER |
575,742,523.92 |
- |
575,742,523.92 |
575,742,523.92 |
476,559,459.29 |
1,052,301,983.22 |
26 |
|
27 |
OGUN |
481,183,448.24 |
- |
481,183,448.24 |
481,183,448.24 |
352,644,603.91 |
833,828,052.15 |
27 |
|
28 |
ONDO |
461,460,886.33 |
592,690,415.96 |
1,054,151,302.29 |
1,054,151,302.29 |
325,509,395.74 |
1,379,660,698.03 |
28 |
|
29 |
OSUN |
456,377,180.60 |
- |
456,377,180.60 |
456,377,180.60 |
443,610,779.68 |
899,987,960.29 |
29 |
|
30 |
OYO |
574,980,133.40 |
- |
574,980,133.40 |
574,980,133.40 |
567,261,370.79 |
1,142,241,504.19 |
30 |
|
31 |
PLATEAU |
482,868,263.67 |
- |
482,868,263.67 |
482,868,263.67 |
324,707,886.51 |
807,576,150.18 |
31 |
|
32 |
RIVERS |
539,833,835.07 |
3,771,988,485.23 |
4,311,822,320.30 |
4,311,822,320.30 |
425,189,683.21 |
4,737,012,003.52 |
32 |
|
33 |
SOKOTO |
513,328,034.49 |
- |
513,328,034.49 |
513,328,034.49 |
407,586,948.48 |
920,914,982.97 |
33 |
|
34 |
TARABA |
486,221,989.08 |
- |
486,221,989.08 |
486,221,989.08 |
324,446,512.57 |
810,668,501.65 |
34 |
|
35 |
YOBE |
482,559,741.86 |
- |
482,559,741.86 |
482,559,741.86 |
314,634,023.46 |
797,193,765.33 |
35 |
|
36 |
ZAMFARA |
484,026,882.14 |
- |
484,026,882.14 |
484,026,882.14 |
295,385,286.23 |
779,412,168.37 |
36 |
|
37 |
FCT-ABUJA |
- |
- |
- |
0.00 |
125,703,865.97 |
125,703,865.97 |
37 |
|
38 |
SUB TOTAL |
18,297,264,807.60 |
10,232,313,067.78 |
28,529,577,875.38 |
28,529,577,875.38 |
14,106,424,215.44 |
42,636,002,090.82 |
38 |
|
39 |
FGN |
36,074,098,430.55 |
0.00 |
36,074,098,430.55 |
36,074,098,430.55 |
0.00 |
36,074,098,430.55 |
39 |
|
|
GRAND TOTAL |
54,371,363,238.15 |
10,232,313,067.78 |
64,603,676,305.93 |
64,603,676,305.93 |
14,106,424,215.44 |
78,710,100,521.37 |
|
The tables courtesy
of the Economic Confidential |
