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Katsina State · Federal allocation

Katsina State FAAC Allocation 2024

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

Katsina State received ₦50,065,624,403 (about ₦50.1B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦12.52B a month.

Net allocation received · 4 months of 2024

4 months on record
₦50.07B

₦50,065,624,403

Highest · December

₦14.77B

Lowest · September

₦10.59B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦23.33B 54.8%

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

Exchange rate gain₦13.01B 30.6%

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

Statutory allocation₦4.89B 11.5%

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

Electronic transfer levy₦707.8M 1.7%

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

Ecological fund₦498.5M 1.2%

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

Solid minerals revenue₦109.0M 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
₦56,885,541,389
External debt repayment
− ₦3,408,893,028
Repayments on the state’s foreign loans, taken before the money is paid out.
Standing payment orders (ISPO)
− ₦3,400,000,000
Payments the state committed to in advance, such as contractor or bond repayments.
Other deductions
− ₦11,023,958
Amounts the report shows as taken off, without saying what for.
Net received
₦50,065,624,403

About ₦11.99 of every ₦100 was taken off before Katsina was paid.

Local governments got their own

Katsina’s 34 local governments were allocated ₦54.45B 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₦12.08BNo earlier month to compare

What came in

Value added tax (VAT)57.3%
₦7,891,668,010
Exchange rate gain32.1%
₦4,417,460,104
Statutory allocation6.8%
₦936,662,164
Electronic transfer levy2.0%
₦272,764,593
Ecological fund1.1%
₦151,039,112
Solid minerals revenue0.8%
₦109,025,934
Gross allocation
₦13,778,619,916

What came off first

External debt repayment
− ₦852,223,257
Standing payment orders (ISPO)
− ₦850,000,000
Net received
₦12,076,396,659
Septemberfrom August revenue₦10.59B−12.3% on the month before

What came in

Value added tax (VAT)59.1%
₦7,266,129,027
Exchange rate gain28.8%
₦3,535,181,715
Statutory allocation9.3%
₦1,145,911,154
Electronic transfer levy1.8%
₦216,675,198
Ecological fund1.1%
₦129,630,264
Gross allocation
₦12,293,527,359

What came off first

External debt repayment
− ₦852,223,257
Standing payment orders (ISPO)
− ₦850,000,000
Net received
₦10,591,304,102
Novemberfrom October revenue₦12.63BNo earlier month to compare

The imported figures for November do not add up to its total of ₦12,626,800,159, so only the total is shown. It needs checking against the official report.

What came off first

Gross allocation
₦14,340,047,374
External debt repayment
− ₦852,223,257
Standing payment orders (ISPO)
− ₦850,000,000
Other deductions
− ₦11,023,958
Net received
₦12,626,800,159
Decemberfrom November revenue₦14.77B+17.0% on the month before

What came in

Value added tax (VAT)49.6%
₦8,169,712,370
Exchange rate gain30.7%
₦5,056,512,411
Statutory allocation17.1%
₦2,810,857,553
Electronic transfer levy1.3%
₦218,398,776
Ecological fund1.3%
₦217,865,630
Gross allocation
₦16,473,346,740

What came off first

External debt repayment
− ₦852,223,257
Standing payment orders (ISPO)
− ₦850,000,000
Net received
₦14,771,123,483
Total4 months of 2024₦50,065,624,403

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 Katsina 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.