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Economic Confidential,
September, 2009
FACTS AND FIGURES
EXCESS CRUDE ACCOUNT: The Sharing of N27bn in August 2009
DISTRIBUTION OF THE SUM OF N27,268,057,683.36 FROM EXCESS CRUDE
PROCEEDS BEING DIFFERENCE BETWEEN AND ACTUAL IN AUGUST, 2009
The Economic Confidential has gathered that a sum of
N27 billion was taken from the Domestic Excess Crude Account to
augment the budgetary shortfall at the meeting of the Federation
Account Allocation in August 2009. The essence of augmentation is to
enable the three tiers of government to continue with their projects
despite price fluctuations or reduction in the volume of production.
The amount of money that is allocated to each state is standardized.
The highest recipients in the disbursement (for Augmentation) during
the meeting of the Federation Account in August 2009 are Rivers
State N1.2bn, Akwa Ibom N1.3bn, Delta N1.1bn, Bayelsa N602million
and Ondo N471mn. Other recipients are Lagos which receives N414mn,
Kano N551mn, Katsina N410mn and Oyo State gets N395mn.
While the Federal Government receives N12bn other states like Ekiti
gets N231mn, Nasarawa N227mn, Gombe N228mn, Ebonyi N219mn and Area
Council in FCT N131mn.
|
1
S/NO |
2
STATES |
3
NO OF L/GOVTS |
4
GROSS STATUTORY + MIN REVENUE |
5
NET STATUTORY + MINERAL REVENUE |
7
GROSS STATUTORY REVENUE |
8
NET STATUTORY REVENUE |
10
TOTAL PAID |
|
S/NO |
|
1 |
ABIA |
17 |
208,434,698.64 |
208,434,698.64 |
101,907,447.15 |
101,907,447.15 |
310,342,145.79 |
|
1 |
|
2 |
ADAMAWA |
21 |
170,562,836.78 |
170,562,836.78 |
131,144,963.46 |
131,144,963.46 |
301,707,800.24 |
|
2 |
|
3 |
AKWA IBOM |
31 |
1,167,032,155.16 |
1,167,032,155.16 |
172,953,825.27 |
172,953,825.27 |
1,339,985,980.43 |
|
3 |
|
4 |
ANAMBRA |
21 |
172,281,635.73 |
172,281,635.73 |
130,004,245.48 |
130,004,245.48 |
302,285,881.22 |
|
4 |
|
5 |
BAUCHI |
20 |
199,816,029.86 |
199,816,029.86 |
150,358,280.94 |
150,358,280.94 |
350,174,310.80 |
|
5 |
|
6 |
BAYELSA |
8 |
547,433,201.60 |
547,433,201.60 |
55,319,054.89 |
55,319,054.89 |
602,752,256.49 |
|
6 |
|
7 |
BENUE |
23 |
184,182,778.11 |
184,182,778.11 |
152,883,849.36 |
152,883,849.36 |
337,066,627.47 |
|
7 |
|
8 |
BORNO |
27 |
203,220,376.18 |
203,220,376.18 |
175,705,519.11 |
175,705,519.11 |
378,925,895.30 |
|
8 |
|
9 |
CROSS RIVER |
18 |
160,115,352.55 |
160,115,352.55 |
109,188,783.52 |
109,188,783.52 |
269,304,136.07 |
|
9 |
|
10 |
DELTA |
25 |
1,038,249,207.88 |
1,038,249,207.88 |
144,319,015.82 |
144,319,015.82 |
1,182,568,223.70 |
|
10 |
|
11 |
EBONYI |
13 |
141,403,206.11 |
141,403,206.11 |
77,789,589.02 |
77,789,589.02 |
219,192,795.13 |
|
11 |
|
12 |
EDO |
18 |
224,846,066.20 |
224,846,066.20 |
109,285,920.10 |
109,285,920.10 |
334,131,986.30 |
|
12 |
|
13 |
EKITI |
16 |
142,634,556.91 |
142,634,556.91 |
88,898,874.76 |
88,898,874.76 |
231,533,431.66 |
|
13 |
|
14 |
ENUGU |
17 |
160,926,025.06 |
160,926,025.06 |
105,328,269.87 |
105,328,269.87 |
266,254,294.93 |
|
14 |
|
15 |
GOMBE |
11 |
151,276,789.74 |
151,276,789.74 |
76,857,963.93 |
76,857,963.93 |
228,134,753.67 |
|
15 |
|
16 |
IMO |
27 |
226,304,299.44 |
226,304,299.44 |
157,507,615.47 |
157,507,615.47 |
378,811,914.92 |
|
16 |
|
17 |
JIGAWA |
27 |
188,714,354.73 |
188,714,354.73 |
160,003,856.44 |
160,003,856.44 |
348,718,211.17 |
|
17 |
|
18 |
KADUNA |
23 |
215,079,886.04 |
215,079,886.04 |
171,614,707.01 |
171,614,707.01 |
386,694,593.05 |
|
18 |
|
19 |
KANO |
44 |
269,561,919.89 |
269,561,919.89 |
281,643,701.12 |
281,643,701.12 |
551,205,621.01 |
|
19 |
|
20 |
KATSINA |
34 |
205,001,033.80 |
205,001,033.80 |
205,911,650.17 |
205,911,650.17 |
410,912,683.97 |
|
20 |
|
21 |
KEBBI |
21 |
171,471,373.45 |
171,471,373.45 |
127,906,944.94 |
127,906,944.94 |
299,378,318.39 |
|
21 |
|
22 |
KOGI |
21 |
171,043,395.60 |
171,043,395.60 |
132,571,357.18 |
132,571,357.18 |
303,614,752.77 |
|
22 |
|
23 |
KWARA |
16 |
155,866,469.10 |
155,866,469.10 |
101,811,438.13 |
101,811,438.13 |
257,677,907.22 |
|
23 |
|
24 |
LAGOS |
20 |
243,501,206.52 |
243,501,206.52 |
171,078,844.43 |
171,078,844.43 |
414,580,050.95 |
|
24 |
|
25 |
NASSARAWA |
13 |
146,039,042.33 |
146,039,042.33 |
81,470,988.99 |
81,470,988.99 |
227,510,031.32 |
|
25 |
|
26 |
NIGER |
25 |
199,458,268.37 |
199,458,268.37 |
165,097,627.11 |
165,097,627.11 |
364,555,895.48 |
|
26 |
|
27 |
OGUN |
20 |
166,699,546.00 |
166,699,546.00 |
122,168,988.95 |
122,168,988.95 |
288,868,534.96 |
|
27 |
|
28 |
ONDO |
18 |
358,963,898.88 |
358,963,898.88 |
112,768,360.36 |
112,768,360.36 |
471,732,259.24 |
|
28 |
|
29 |
OSUN |
30 |
158,105,747.59 |
158,105,747.59 |
153,682,999.38 |
153,682,999.38 |
311,788,746.97 |
|
29 |
|
30 |
OYO |
33 |
199,194,148.41 |
199,194,148.41 |
196,520,086.72 |
196,520,086.72 |
395,714,235,.13 |
|
30 |
|
31 |
PLATEAU |
17 |
167,283,227.69 |
167,283,227.69 |
112,490,688.25 |
112,490,688.25 |
279,773,915.94 |
|
31 |
|
32 |
RIVERS |
23 |
1,087,844,878.57 |
1,087,844,878.57 |
147,301,257.80 |
147,301,257.80 |
1,235,146,136.37 |
|
32 |
|
33 |
SOKOTO |
23 |
177,835,606.39 |
177,835,606.39 |
141,203,026.66 |
141,203,026.66 |
319,038,633.04 |
|
33 |
|
34 |
TARABA |
16 |
168,445,080.84 |
168,445,080.84 |
112,400,138.76 |
112,400,138.76 |
280,845,219.59 |
|
34 |
|
35 |
YOBE |
17 |
164,176,344.45 |
164,176,344.45 |
109,000,733.63 |
109,000,733.63 |
276,177,078.08 |
|
35 |
|
36 |
ZAMFARA |
14 |
167,684,615.51 |
167,684,615.51 |
102,332,267.02 |
102,332,267.02 |
270,016,882.53 |
|
36 |
|
37 |
FCT-ABUJA |
6 |
0.00 |
0.00 |
43,548,416.85 |
43,548,416.85 |
43,548,416.85 |
|
37 |
|
|
STATE TOTAL |
774 |
9,883,689,260.14 |
9,883,689,260.14 |
4,886,981,298.01 |
4,886,981,298.01 |
14,770,670.558.15 |
|
|
|
|
FGN |
|
12,497,387,125.21 |
12,497,387,125.21 |
0.00 |
101,907,447.15 |
12,497,387,125.21 |
|
|
|
|
FCT-ABUJA |
|
0.00 |
0.00 |
0.00 |
131,144,963.46 |
0.00 |
|
|
|
|
Local Government |
|
4,886,981,298.01 |
4,886,981,298.01 |
0.00 |
0.00 |
0.00 |
|
|
|
|
GRAND TOTAL |
|
27,268,057,683.36 |
27,268,057,683.36 |
4,886,981,298.01 |
4,886,981,298.01 |
27,268,057,683.36 |
|
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This table is provided by the Economic Confidential (www.economiconfidential).
See more tables in other pages of the magazine.
Tables of
other distributions in August 2009
How FG, States Share $2billon
Dollar in August... Imo and Abia Benefit as Oil States
FAAC: How They Share N310bn from
Statutory and VAT in August 2009
Exchange Difference: The
Sharing of N33bn in August |
