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Bunza LGA · Kebbi State · Federal allocation

Bunza LGA FAAC Allocation 2024

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

Bunza LGA in Kebbi State received ₦1,475,121,189 (about ₦1.5B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦368.8M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.48B

₦1,475,121,189

Highest · December

₦427.1M

Lowest · September

₦316.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦551.1M 49.6%

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

Exchange rate gain₦382.0M 34.4%

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

Statutory allocation₦143.7M 12.9%

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

Electronic transfer levy₦16.5M 1.5%

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

Ecological fund₦15.9M 1.4%

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

Solid minerals revenue₦2.9M 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.

What came off first

Gross allocation
₦1,112,093,077
Ecology transfer
− ₦7,929,720
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,104,163,357

About ₦0.71 of every ₦100 was taken off before Bunza’s share was set. Covers 3 of the 4 months on record.

Among Kebbi’s councils

Bunza’s 2024 total is the 13th largest of Kebbi’s 21 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₦360.4MNo earlier month to compare

What came in

Value added tax (VAT)52.8%
₦191,525,800
Exchange rate gain35.8%
₦129,718,739
Statutory allocation7.6%
₦27,505,089
Electronic transfer levy1.8%
₦6,355,036
Ecological fund1.3%
₦4,804,870
Solid minerals revenue0.8%
₦2,938,494
Gross allocation
₦362,848,027

What came off first

Ecology transfer
− ₦2,402,435
Net allocation
₦360,445,593
Septemberfrom August revenue₦316.6M−12.2% on the month before

What came in

Value added tax (VAT)54.0%
₦172,022,476
Exchange rate gain32.6%
₦103,810,629
Statutory allocation10.6%
₦33,649,687
Electronic transfer levy1.6%
₦5,061,763
Ecological fund1.3%
₦4,123,809
Gross allocation
₦318,668,365

What came off first

Ecology transfer
− ₦2,061,905
Net allocation
₦316,606,461
Novemberfrom October revenue₦371.0MNo earlier month to compare

The imported figures for November do not add up to its total of ₦370,957,832, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦427.1M+15.1% on the month before

What came in

Value added tax (VAT)43.6%
₦187,524,136
Exchange rate gain34.5%
₦148,484,513
Statutory allocation19.2%
₦82,540,847
Ecological fund1.6%
₦6,930,761
Electronic transfer levy1.2%
₦5,096,429
Gross allocation
₦430,576,684

What came off first

Ecology transfer
− ₦3,465,380
Net allocation
₦427,111,304
Total4 months of 2024₦1,475,121,189

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 Bunza 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.