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Ethiope East LGA · Delta State · Federal allocation

Ethiope East LGA FAAC Allocation 2024

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

Ethiope East LGA in Delta State received ₦1,684,721,389 (about ₦1.7B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦421.2M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.68B

₦1,684,721,389

Highest · December

₦466.7M

Lowest · September

₦389.5M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦709.7M 56.0%

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

Exchange rate gain₦374.2M 29.5%

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

Statutory allocation₦140.7M 11.1%

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

Electronic transfer levy₦24.6M 1.9%

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

Ecological fund₦15.5M 1.2%

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

Solid minerals revenue₦2.9M 0.2%

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
₦1,267,686,688
Ecology transfer
− ₦7,767,134
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,259,919,554

About ₦0.61 of every ₦100 was taken off before Ethiope East’s share was set. Covers 3 of the 4 months on record.

Among Delta’s councils

Ethiope East’s 2024 total is the 8th largest of Delta’s 25 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₦403.8MNo earlier month to compare

What came in

Value added tax (VAT)57.9%
₦234,959,785
Exchange rate gain31.3%
₦127,059,069
Statutory allocation6.6%
₦26,941,143
Electronic transfer levy2.4%
₦9,590,348
Ecological fund1.2%
₦4,706,354
Solid minerals revenue0.7%
₦2,878,245
Gross allocation
₦406,134,942

What came off first

Ecology transfer
− ₦2,353,177
Net allocation
₦403,781,765
Septemberfrom August revenue₦389.5M−3.5% on the month before

What came in

Value added tax (VAT)62.6%
₦245,186,245
Exchange rate gain26.0%
₦101,682,163
Statutory allocation8.4%
₦32,959,755
Electronic transfer levy1.9%
₦7,619,608
Ecological fund1.0%
₦4,039,258
Gross allocation
₦391,487,028

What came off first

Ecology transfer
− ₦2,019,629
Net allocation
₦389,467,400
Novemberfrom October revenue₦424.8MNo earlier month to compare

The imported figures for November do not add up to its total of ₦424,801,836, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦466.7M+9.9% on the month before

What came in

Value added tax (VAT)48.8%
₦229,561,829
Exchange rate gain30.9%
₦145,440,082
Statutory allocation17.2%
₦80,848,482
Electronic transfer levy1.6%
₦7,425,668
Ecological fund1.4%
₦6,788,657
Gross allocation
₦470,064,717

What came off first

Ecology transfer
− ₦3,394,328
Net allocation
₦466,670,389
Total4 months of 2024₦1,684,721,389

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 Ethiope East 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.