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Nafada LGA · Gombe State · Federal allocation

Nafada LGA FAAC Allocation 2024

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

Nafada LGA in Gombe State received ₦1,567,071,398 (about ₦1.6B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦391.8M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.57B

₦1,567,071,398

Highest · December

₦432.9M

Lowest · September

₦334.8M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦608.5M 52.6%

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

Exchange rate gain₦371.9M 32.2%

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

Statutory allocation₦139.9M 12.1%

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

Electronic transfer levy₦17.9M 1.5%

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

Ecological fund₦15.4M 1.3%

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
₦1,156,409,534
Ecology transfer
− ₦15,438,854
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,140,970,680

About ₦1.34 of every ₦100 was taken off before Nafada’s share was set. Covers 3 of the 4 months on record.

Among Gombe’s councils

Nafada’s 2024 total is the 10th largest of Gombe’s 11 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₦373.3MNo earlier month to compare

What came in

Value added tax (VAT)55.7%
₦210,567,112
Exchange rate gain33.4%
₦126,278,651
Statutory allocation7.1%
₦26,775,666
Electronic transfer levy1.8%
₦6,823,577
Ecological fund1.2%
₦4,677,446
Solid minerals revenue0.8%
₦2,860,566
Gross allocation
₦377,983,018

What came off first

Ecology transfer
− ₦4,677,446
Net allocation
₦373,305,572
Septemberfrom August revenue₦334.8M−10.3% on the month before

What came in

Value added tax (VAT)57.7%
₦195,534,033
Exchange rate gain29.8%
₦101,057,614
Statutory allocation9.7%
₦32,757,311
Electronic transfer levy1.6%
₦5,437,103
Ecological fund1.2%
₦4,014,448
Gross allocation
₦338,800,508

What came off first

Ecology transfer
− ₦4,014,448
Net allocation
₦334,786,061
Novemberfrom October revenue₦426.1MNo earlier month to compare

The imported figures for November do not add up to its total of ₦426,100,718, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦432.9M+1.6% on the month before

What came in

Value added tax (VAT)46.0%
₦202,390,009
Exchange rate gain32.9%
₦144,546,765
Statutory allocation18.3%
₦80,351,897
Ecological fund1.5%
₦6,746,960
Electronic transfer levy1.3%
₦5,590,377
Gross allocation
₦439,626,008

What came off first

Ecology transfer
− ₦6,746,960
Net allocation
₦432,879,048
Total4 months of 2024₦1,567,071,398

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 Nafada 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.