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Oji-River LGA · Enugu State · Federal allocation

Oji-River LGA FAAC Allocation 2024

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

Oji-River LGA in Enugu State received ₦1,441,914,952 (about ₦1.4B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦360.5M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.44B

₦1,441,914,952

Highest · December

₦416.5M

Lowest · September

₦311.4M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦564.6M 52.3%

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

Exchange rate gain₦346.2M 32.1%

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

Statutory allocation₦130.2M 12.1%

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

Electronic transfer levy₦20.8M 1.9%

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

Ecological fund₦14.4M 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
₦1,078,922,325
Deductions at source
None recorded
Net allocation
₦1,078,922,325

Covers 3 of the 4 months on record.

Among Enugu’s councils

Oji-River’s 2024 total is the smallest of Enugu’s 17 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₦351.0MNo earlier month to compare

What came in

Value added tax (VAT)55.1%
₦193,515,192
Exchange rate gain33.5%
₦117,567,585
Statutory allocation7.1%
₦24,928,603
Electronic transfer levy2.3%
₦7,963,605
Ecological fund1.2%
₦4,354,783
Solid minerals revenue0.8%
₦2,663,236
Gross allocation
₦350,993,004

What came off first

Deductions at source
None recorded
Net allocation
₦350,993,004
Septemberfrom August revenue₦311.4M−11.3% on the month before

What came in

Value added tax (VAT)56.8%
₦176,759,607
Exchange rate gain30.2%
₦94,086,368
Statutory allocation9.8%
₦30,497,617
Electronic transfer levy2.0%
₦6,333,383
Ecological fund1.2%
₦3,737,520
Gross allocation
₦311,414,495

What came off first

Deductions at source
None recorded
Net allocation
₦311,414,495
Novemberfrom October revenue₦363.0MNo earlier month to compare

The imported figures for November do not add up to its total of ₦362,992,627, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦416.5M+14.7% on the month before

What came in

Value added tax (VAT)46.7%
₦194,308,591
Exchange rate gain32.3%
₦134,575,512
Statutory allocation18.0%
₦74,808,991
Electronic transfer levy1.6%
₦6,540,197
Ecological fund1.5%
₦6,281,535
Gross allocation
₦416,514,826

What came off first

Deductions at source
None recorded
Net allocation
₦416,514,826
Total4 months of 2024₦1,441,914,952

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 Oji-River 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.