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Distribution of
=N=1.586BILLION Being
S/n Beneficiaries Exchange Gain Excess Bank Charges
Statutory Difference Recovered NNPC Refund to FG VAT Total
1 FGN (see Table II) 101,215,871,664.03 1,134,813,828.02 835,252,225.27 6,330,393,548.39 9,397,330,044.03 118,913,661,309.74
2 State (see Table III) 51,338,042,727.08 575,592,738.89 423,651,090.72 - 31,324,433,480.10 83,661,720,036.79
3 LGCs (see Table IV) 39,579,479,048.57 443,757,875.04 326,617,233.11 - 21,927,103,436.07 62,276,957,592.80
4 13% Derivation Fund 15,745,566,694.36 270,195,900.45 - - - 16,015,762,594.81
5 Cost of Collection - NCS 2,488,655,631.94 - - - - 2,488,655,631.94
6 Transfer to Excess Crude - - - - - -
7 Cost of Collections - FIRS 2,251,732,457.86 - - - 2,610,369,456.67 4,862,101,914.53
8 Cost of Collection - DPR 1,197,588,736.53 - - - - 1,197,588,736.53
9 Total 213,816,936,960.37 2,424,360,342.41 1,585,520,549.10 6,330,393,548.39 65,259,236,416.87 289,416,447,817.14
Check!!
0 1 2 3 4 =2 - 3 5 6 7
Distribution of 8 9=4+5+6+7+8
=N=1.586BILLION Being
Excess Bank Charges
1 FGN (CRF Account) 93,184,695,818.25 5,087,777,340.90 88,096,918,477.35 1,044,769,754.35 5,828,095,806.70 768,977,466.31 8,770,841,374.43 104,509,602,879.13
2 Share of Derivation & Ecology 1,921,333,934.40 - 1,921,333,934.40 21,541,644.42 120,166,923.85 15,855,205.49 - 2,078,897,708.16
3 Stabilization 960,666,967.20 - 960,666,967.20 10,770,822.21 60,083,461.92 7,927,602.75 - 1,039,448,854.08
4 Development of Natural Resources 3,227,841,009.79 - 3,227,841,009.79 36,189,962.62 201,880,432.07 26,636,745.22 - 3,492,548,149.70
5 FCT-Abuja 1,921,333,934.40 25,520,008.11 1,895,813,926.29 21,541,644.42 120,166,923.85 15,855,205.49 626,488,669.60 2,679,866,369.65
Sub-total 101,215,871,664.03 5,113,297,349.01 96,102,574,315.01 1,134,813,828.02 6,330,393,548.39 835,252,225.26 9,397,330,044.03 113,800,363,960.72
1 2 3 4 5 6 7 8 9 (4+5+6+7)
Distribution of
No. of Gross Statutory =N=1.586BILLION
S/n Beneficiaries Total Net Amount
LGCs Allocation Exchange Gain Being Excess Bank
Difference Deduction Charges Recovered Value Added Tax
=N= =N= =N= =N= =N= =N=
1 ABIA 17 821,518,360.87 9,210,713.50 - 6,779,322.53 382,904,443.04 1,220,412,839.94
2 ADAMAWA 21 1,036,227,505.14 11,617,993.13 - 8,551,142.38 455,167,084.88 1,511,563,725.52
3 AKWA IBOM 31 1,380,194,145.27 15,474,484.15 - 11,389,619.16 627,385,344.09 2,034,443,592.66
4 ANAMBRA 21 1,041,827,388.44 11,680,778.00 - 8,597,353.66 509,788,253.77 1,571,893,773.86
5 BAUCHI 20 1,182,680,250.53 13,259,994.51 - 9,759,697.71 505,635,976.60 1,711,335,919.35
6 BAYELSA 8 481,394,152.00 5,397,303.13 - 3,972,554.21 219,074,031.50 709,838,040.83
7 BENUE 23 1,286,939,154.50 14,428,926.26 (139,538,498.52) 10,620,061.61 547,643,729.03 1,720,093,372.87
8 BORNO 27 1,397,230,256.88 15,665,489.91 - 11,530,204.33 579,600,194.41 2,004,026,145.53
9 CROSS RIVER 18 900,750,339.58 10,099,047.95 (77,102,532.20) 7,433,159.57 397,179,792.75 1,238,359,807.65
10 DELTA 25 1,154,182,372.78 12,940,481.52 - 9,524,527.92 594,925,140.17 1,771,572,522.39
11 EBONYI 13 666,317,050.23 7,470,624.81 (37,424,801.01) 5,498,572.41 290,488,675.74 932,350,122.18
12 EDO 18 883,105,734.69 9,901,219.87 - 7,287,553.01 432,406,571.40 1,332,701,078.96
13 EKITI 16 701,217,978.60 7,861,927.64 - 5,786,581.37 355,555,128.29 1,070,421,615.89
14 ENUGU 17 897,248,555.58 10,059,786.59 - 7,404,262.20 414,223,621.70 1,328,936,226.07
15 GOMBE 11 614,795,336.94 6,892,972.79 (53,983,557.43) 5,073,405.63 283,454,487.31 856,232,645.25
16 IMO 27 1,202,512,655.75 13,482,351.81 - 9,923,358.41 580,170,356.02 1,806,088,721.99
17 JIGAWA 27 1,263,352,765.26 14,164,479.98 - 10,425,422.33 595,786,162.20 1,883,728,829.77
18 KADUNA 23 1,420,759,811.45 15,929,298.97 - 11,724,374.59 637,514,055.30 2,085,927,540.31
19 KANO 44 2,261,971,387.09 25,360,809.19 - 18,666,209.20 1,123,310,909.60 3,429,309,315.08
20 KATSINA 34 1,722,077,318.98 19,307,615.72 - 14,210,902.79 756,613,549.53 2,512,209,387.01
21 KEBBI 21 1,086,815,634.57 12,185,177.98 - 8,968,605.05 458,249,493.47 1,566,218,911.07
30 OYO 33 1,518,458,942.05 - 1,518,458,942.05 79,655,760.48 99,912,935.00 93,152,117.52 1,245,738,129.05 17,024,683.74 12,530,606.02 973,219,748.52 2,521,233,980.33 2,248,513,167.33 30
31 PLATEAU 17 1,413,735,314.17 - 1,413,735,314.17 14,158,388.56 609,914,612.08 152,383,174.87 637,279,138.66 15,850,541.59 11,666,407.13 667,468,236.84 2,108,720,499.74 1,332,264,324.23 31
32 RIVERS 23 1,460,054,056.72 3,229,552,115.17 4,689,606,171.89 33,672,056.85 0.00 1,743,980,658.91 2,911,953,456.13 71,760,018.45 12,048,638.02 1,065,413,260.31 5,838,828,088.67 4,061,175,372.91 32
33 SOKOTO 23 1,492,042,698.29 - 1,492,042,698.29 24,924,622.25 0.00 - 1,467,118,076.04 16,728,509.65 12,312,614.25 694,729,127.53 2,215,812,949.73 2,190,888,327.48 33
34 TARABA 16 1,304,107,657.22 - 1,304,107,657.22 12,891,275.62 0.00 11,862,343.75 1,279,354,037.85 14,621,416.37 10,761,739.29 596,480,600.96 1,925,971,413.83 1,901,217,794.46 34
35 YOBE 17 1,344,367,586.96 - 1,344,367,586.96 26,577,009.13 0.00 - 1,317,790,577.83 15,072,803.33 11,093,971.73 615,106,614.83 1,985,640,976.84 1,959,063,967.71 35
36 ZAMFARA 14 1,347,230,697.37 - 1,347,230,697.37 18,276,405.13 488,822,936.86 - 840,131,355.38 15,104,904.00 11,117,598.65 663,543,216.56 2,036,996,416.58 1,529,897,074.59 36
Total (States) 51,338,042,727.08 15,745,566,694.36 67,083,609,421.44 1,687,226,870.81 10,991,528,898.65 3,663,151,856.56 50,741,701,795.42 845,788,639.34 423,651,090.72 31,324,433,480.10 99,677,482,631.60 83,335,575,005.58
Note :
* Other Deductions cover; National Water Rehabilitation Projects, National Agricultural Technology Support Programme,
Payment for Fertilizer, State Water Supply Project, State Agricultural Project and National Fadama Project 2
Source: Office of the Accountant-General of the Federation 3
facts & figures