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Gwaram LGA · Jigawa State · Federal allocation

Gwaram LGA FAAC Allocation 2024

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

Gwaram LGA in Jigawa State received ₦1,941,029,744 (about ₦1.9B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦485.3M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.94B

₦1,941,029,744

Highest · December

₦563.9M

Lowest · September

₦415.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦758.1M 52.3%

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

Exchange rate gain₦469.7M 32.4%

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

Statutory allocation₦176.7M 12.2%

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

Electronic transfer levy₦21.7M 1.5%

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

Ecological fund₦19.5M 1.3%

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

Solid minerals revenue₦3.6M 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
₦1,449,298,996
Deductions at source
None recorded
Net allocation
₦1,449,298,996

Covers 3 of the 4 months on record.

Among Jigawa’s councils

Gwaram’s 2024 total is the 2nd largest of Jigawa’s 27 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₦469.8MNo earlier month to compare

What came in

Value added tax (VAT)55.0%
₦258,604,929
Exchange rate gain34.0%
₦159,497,501
Statutory allocation7.2%
₦33,819,270
Electronic transfer levy1.8%
₦8,338,323
Ecological fund1.3%
₦5,907,895
Solid minerals revenue0.8%
₦3,613,066
Gross allocation
₦469,780,983

What came off first

Deductions at source
None recorded
Net allocation
₦469,780,983
Septemberfrom August revenue₦415.6M−11.5% on the month before

What came in

Value added tax (VAT)56.5%
₦234,835,544
Exchange rate gain30.7%
₦127,641,820
Statutory allocation10.0%
₦41,374,446
Electronic transfer levy1.6%
₦6,649,733
Ecological fund1.2%
₦5,070,488
Gross allocation
₦415,572,031

What came off first

Deductions at source
None recorded
Net allocation
₦415,572,031
Novemberfrom October revenue₦491.7MNo earlier month to compare

The imported figures for November do not add up to its total of ₦491,730,747, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦563.9M+14.7% on the month before

What came in

Value added tax (VAT)46.9%
₦264,667,358
Exchange rate gain32.4%
₦182,571,223
Statutory allocation18.0%
₦101,489,259
Ecological fund1.5%
₦8,521,814
Electronic transfer levy1.2%
₦6,696,327
Gross allocation
₦563,945,981

What came off first

Deductions at source
None recorded
Net allocation
₦563,945,981
Total4 months of 2024₦1,941,029,744

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 Gwaram 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.