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Nganzai LGA · Borno State · Federal allocation

Nganzai LGA FAAC Allocation 2024

What was shared to the council each month, where it came from, and what came off first.

Nganzai LGA in Borno State received ₦1,429,138,677 (about ₦1.4B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦357.3M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.43B

₦1,429,138,677

Highest · December

₦419.7M

Lowest · September

₦309.8M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦541.2M 50.3%

The council’s share of the 7.5% tax paid on goods and services.

Exchange rate gain₦363.7M 33.8%

Extra naira earned when dollar revenue is converted at a higher rate than planned.

Statutory allocation₦136.8M 12.7%

The council’s share of the Federation Account: oil and gas income, company taxes and customs duties.

Electronic transfer levy₦16.1M 1.5%

The ₦50 charged on bank transfers of ₦10,000 or more.

Ecological fund₦15.1M 1.4%

Money set aside for erosion, flooding and other environmental problems.

Solid minerals revenue₦2.8M 0.3%

Income from mining, shared in the months it is distributed.

Before deductions. Percentages may not sum to 100% due to rounding. Covers 3 of the 4 months on record. November is left out: the imported figures for that month do not add up to its total.

What came off first

Gross allocation
₦1,075,756,251
Deductions at source
None recorded
Net allocation
₦1,075,756,251

Covers 3 of the 4 months on record.

Among Borno’s councils

Nganzai’s 2024 total is the 19th largest of Borno’s 27 local governments.

Councils are not shared equal amounts. Population, land area and other factors in the formula decide each one’s share.

Month by month

4 months on record

Open a month to see what came in and what was deducted. The percentage is the change on the month before.

Augustfrom July revenue₦346.3MNo earlier month to compare

What came in

Value added tax (VAT)52.8%
₦182,988,103
Exchange rate gain35.7%
₦123,503,362
Statutory allocation7.6%
₦26,187,203
Electronic transfer levy1.8%
₦6,208,434
Ecological fund1.3%
₦4,574,648
Solid minerals revenue0.8%
₦2,797,698
Gross allocation
₦346,259,448

What came off first

Deductions at source
None recorded
Net allocation
₦346,259,448
Septemberfrom August revenue₦309.8M−10.5% on the month before

What came in

Value added tax (VAT)54.9%
₦170,033,446
Exchange rate gain31.9%
₦98,836,620
Statutory allocation10.3%
₦32,037,387
Electronic transfer levy1.6%
₦4,929,614
Ecological fund1.3%
₦3,926,220
Gross allocation
₦309,763,288

What came off first

Deductions at source
None recorded
Net allocation
₦309,763,288
Novemberfrom October revenue₦353.4MNo earlier month to compare

The imported figures for November do not add up to its total of ₦353,382,426, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦419.7M+18.8% on the month before

What came in

Value added tax (VAT)44.8%
₦188,174,935
Exchange rate gain33.7%
₦141,369,988
Statutory allocation18.7%
₦78,585,963
Ecological fund1.6%
₦6,598,679
Electronic transfer levy1.2%
₦5,003,951
Gross allocation
₦419,733,516

What came off first

Deductions at source
None recorded
Net allocation
₦419,733,516
Total4 months of 2024₦1,429,138,677

Check the source

Monthly FAAC reportsOffice of the Accountant-General of the Federation
Open reports
About these figures

Source: monthly FAAC disbursement reports (net allocations to Nganzai LGA), as published in the National Bureau of Statistics’ disbursement tables. Net means what is left after deductions at source.

Each month is named for when the money was shared, which is the month after the revenue was earned. Only months in our records are listed. A missing month does not mean nothing was paid.

This is what FAAC shared to the council. The constitution routes it through a joint account with the state, so it does not show what reached the council’s own account. An allocation is income: it does not show how the money was spent.