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Kano State · Federal allocation

Kano State FAAC Allocation 2024

What landed each month, where it came from, and what came off first.

Kano State received ₦68,804,077,755 (about ₦68.8B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦17.20B a month.

Net allocation received · 4 months of 2024

4 months on record
₦68.80B

₦68,804,077,755

Highest · December

₦20.36B

Lowest · September

₦14.47B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦31.74B 56.0%

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

Exchange rate gain₦16.79B 29.6%

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

Statutory allocation₦6.31B 11.1%

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

Electronic transfer levy₦1.02B 1.8%

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

Ecological fund₦643.3M 1.1%

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

Solid minerals revenue₦157.3M 0.3%

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.

Before the money arrived

Gross allocation
₦75,852,565,957
External debt repayment
− ₦4,388,555,900
Repayments on the state’s foreign loans, taken before the money is paid out.
Other deductions
− ₦1,489,471,542
Amounts the report shows as taken off, without saying what for.
Standing payment orders (ISPO)
− ₦1,170,460,760
Payments the state committed to in advance, such as contractor or bond repayments.
Net received
₦68,804,077,755

About ₦9.29 of every ₦100 was taken off before Kano was paid.

Local governments got their own

Kano’s 44 local governments were allocated ₦75.82B 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 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₦16.55BNo earlier month to compare

What came in

Value added tax (VAT)58.2%
₦10,655,506,713
Exchange rate gain31.1%
₦5,700,157,846
Statutory allocation6.6%
₦1,208,640,725
Electronic transfer levy2.1%
₦393,082,932
Ecological fund1.1%
₦194,896,333
Solid minerals revenue0.9%
₦157,282,216
Gross allocation
₦18,309,566,765

What came off first

External debt repayment
− ₦1,097,138,975
Other deductions
− ₦368,811,639
Standing payment orders (ISPO)
− ₦292,615,190
Net received
₦16,551,000,961
Septemberfrom August revenue₦14.47B−12.6% on the month before

What came in

Value added tax (VAT)59.8%
₦9,713,343,400
Exchange rate gain28.1%
₦4,561,692,310
Statutory allocation9.1%
₦1,478,649,338
Electronic transfer levy1.9%
₦308,909,814
Ecological fund1.0%
₦167,271,000
Gross allocation
₦16,229,865,862

What came off first

External debt repayment
− ₦1,097,138,975
Other deductions
− ₦368,811,639
Standing payment orders (ISPO)
− ₦292,615,190
Net received
₦14,471,300,058
Novemberfrom October revenue₦17.42BNo earlier month to compare

The imported figures for November do not add up to its total of ₦17,417,716,724, so only the total is shown. It needs checking against the official report.

What came off first

Gross allocation
₦19,190,507,513
External debt repayment
− ₦1,097,138,975
Other deductions
− ₦383,036,624
Standing payment orders (ISPO)
− ₦292,615,190
Net received
₦17,417,716,724
Decemberfrom November revenue₦20.36B+16.9% on the month before

What came in

Value added tax (VAT)51.4%
₦11,373,133,406
Exchange rate gain29.5%
₦6,524,771,750
Statutory allocation16.4%
₦3,627,046,166
Electronic transfer levy1.4%
₦316,547,230
Ecological fund1.3%
₦281,127,265
Gross allocation
₦22,122,625,818

What came off first

External debt repayment
− ₦1,097,138,975
Other deductions
− ₦368,811,639
Standing payment orders (ISPO)
− ₦292,615,190
Net received
₦20,364,060,013
Total4 months of 2024₦68,804,077,755

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 Kano 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.