FCT State · Federal allocation
FCT State FAAC Allocation 2024
What landed each month, where it came from, and what came off first.
FCT State received ₦23,036,935,609 (about ₦23.0B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦5.76B a month.
Net allocation received · 4 months of 2024
4 months on record₦23,036,935,609
Highest · December
₦7.10BLowest · September
₦3.95BWhere the money came from
Share of gross allocation
The state’s share of the 7.5% tax paid on goods and services.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
The state’s share of the Federation Account: oil and gas income, company taxes and customs duties.
The ₦50 charged on bank transfers of ₦10,000 or more.
Money set aside for erosion, flooding and other environmental problems.
Before deductions. Percentages may not sum to 100% due to rounding. Covers 2 of the 4 months on record. August and November are left out: the imported figures for those months do not add up to their total.
Before the money arrived
- Gross allocation
- ₦23,036,935,609
- Deductions at source
- − ₦0
- Net received
- ₦23,036,935,609
Local governments got their own
FCT’s 6 local governments were allocated ₦23.04B in 2024, across 4 months on record.
That money is separate. It is not part of the state’s figure on this page.
See each local government’s shareMonth by month
4 months on recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Augustfrom July revenue₦4.89BNo earlier month to compare
The imported figures for August do not add up to its total of ₦4,888,097,689, so only the total is shown. It needs checking against the official report.
What came off first
- Gross allocation
- ₦4,888,097,689
- Deductions at source
- None recorded
- Net received
- ₦4,888,097,689
Septemberfrom August revenue₦3.95B−19.2% on the month before
What came in
- Value added tax (VAT)71.3%
- ₦2,815,490,787
- Exchange rate gain19.3%
- ₦762,225,689
- Statutory allocation6.3%
- ₦247,071,576
- Electronic transfer levy2.4%
- ₦95,672,089
- Ecological fund0.8%
- ₦30,278,918
- Gross allocation
- ₦3,950,739,059
What came off first
- Deductions at source
- None recorded
- Net received
- ₦3,950,739,059
Novemberfrom October revenue₦7.10BNo earlier month to compare
The imported figures for November do not add up to its total of ₦7,097,157,271, so only the total is shown. It needs checking against the official report.
What came off first
- Gross allocation
- ₦7,097,157,271
- Deductions at source
- − ₦0
- Net received
- ₦7,097,157,271
Decemberfrom November revenue₦7.10B+0.1% on the month before
What came in
- Value added tax (VAT)74.0%
- ₦5,255,731,634
- Exchange rate gain15.4%
- ₦1,090,242,021
- Statutory allocation8.5%
- ₦606,053,099
- Electronic transfer levy1.4%
- ₦98,025,982
- Ecological fund0.7%
- ₦50,888,854
- Gross allocation
- ₦7,100,941,590
What came off first
- Deductions at source
- None recorded
- Net received
- ₦7,100,941,590
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to FCT State), 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.
Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.