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Emure LGA · Ekiti State · Federal allocation

Emure LGA FAAC Allocation 2024

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

Emure LGA in Ekiti State received ₦1,324,950,811 (about ₦1.3B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦331.2M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.32B

₦1,324,950,811

Highest · December

₦373.1M

Lowest · September

₦292.2M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦545.7M 55.5%

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

Exchange rate gain₦295.8M 30.1%

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

Statutory allocation₦111.3M 11.3%

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

Electronic transfer levy₦16.5M 1.7%

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

Ecological fund₦12.3M 1.2%

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

Solid minerals revenue₦2.3M 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
₦983,811,575
Deductions at source
None recorded
Net allocation
₦983,811,575

Covers 3 of the 4 months on record.

Among Ekiti’s councils

Emure’s 2024 total is the 15th largest of Ekiti’s 16 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₦318.5MNo earlier month to compare

What came in

Value added tax (VAT)57.9%
₦184,382,984
Exchange rate gain31.5%
₦100,438,198
Statutory allocation6.7%
₦21,296,550
Electronic transfer levy2.0%
₦6,354,296
Ecological fund1.2%
₦3,720,299
Solid minerals revenue0.7%
₦2,275,207
Gross allocation
₦318,467,534

What came off first

Deductions at source
None recorded
Net allocation
₦318,467,534
Septemberfrom August revenue₦292.2M−8.2% on the month before

What came in

Value added tax (VAT)60.8%
₦177,534,158
Exchange rate gain27.5%
₦80,378,153
Statutory allocation8.9%
₦26,054,169
Electronic transfer levy1.7%
₦5,059,263
Ecological fund1.1%
₦3,192,970
Gross allocation
₦292,218,712

What came off first

Deductions at source
None recorded
Net allocation
₦292,218,712
Novemberfrom October revenue₦341.1MNo earlier month to compare

The imported figures for November do not add up to its total of ₦341,139,235, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦373.1M+9.4% on the month before

What came in

Value added tax (VAT)49.3%
₦183,816,516
Exchange rate gain30.8%
₦114,968,100
Statutory allocation17.1%
₦63,909,455
Ecological fund1.4%
₦5,366,327
Electronic transfer levy1.4%
₦5,064,931
Gross allocation
₦373,125,329

What came off first

Deductions at source
None recorded
Net allocation
₦373,125,329
Total4 months of 2024₦1,324,950,811

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 Emure 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.