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Warri South West LGA · Delta State · Federal allocation

Warri South West LGA FAAC Allocation 2024

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

Warri South West LGA in Delta State received ₦1,492,570,709 (about ₦1.5B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦373.1M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.49B

₦1,492,570,709

Highest · December

₦414.9M

Lowest · September

₦346.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦602.3M 53.5%

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

Exchange rate gain₦351.5M 31.2%

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

Statutory allocation₦132.2M 11.8%

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

Electronic transfer levy₦21.6M 1.9%

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

Ecological fund₦14.6M 1.3%

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

Solid minerals revenue₦2.7M 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
₦1,124,940,359
Ecology transfer
− ₦7,297,031
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,117,643,328

About ₦0.65 of every ₦100 was taken off before Warri South West’s share was set. Covers 3 of the 4 months on record.

Among Delta’s councils

Warri South West’s 2024 total is the 18th 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₦356.2MNo earlier month to compare

What came in

Value added tax (VAT)55.3%
₦198,219,054
Exchange rate gain33.3%
₦119,368,863
Statutory allocation7.1%
₦25,310,539
Electronic transfer levy2.3%
₦8,403,023
Ecological fund1.2%
₦4,421,503
Solid minerals revenue0.8%
₦2,704,040
Gross allocation
₦358,427,023

What came off first

Ecology transfer
− ₦2,210,752
Net allocation
₦356,216,271
Septemberfrom August revenue₦346.6M−2.7% on the month before

What came in

Value added tax (VAT)60.7%
₦211,500,042
Exchange rate gain27.4%
₦95,527,885
Statutory allocation8.9%
₦30,964,878
Electronic transfer levy1.9%
₦6,672,091
Ecological fund1.1%
₦3,794,783
Gross allocation
₦348,459,679

What came off first

Ecology transfer
− ₦1,897,391
Net allocation
₦346,562,287
Novemberfrom October revenue₦374.9MNo earlier month to compare

The imported figures for November do not add up to its total of ₦374,927,381, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦414.9M+10.7% on the month before

What came in

Value added tax (VAT)46.1%
₦192,607,033
Exchange rate gain32.7%
₦136,637,372
Statutory allocation18.2%
₦75,955,156
Electronic transfer levy1.5%
₦6,476,321
Ecological fund1.5%
₦6,377,776
Gross allocation
₦418,053,657

What came off first

Ecology transfer
− ₦3,188,888
Net allocation
₦414,864,769
Total4 months of 2024₦1,492,570,709

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 Warri South West 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.