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Maiyama LGA · Kebbi State · Federal allocation

Maiyama LGA FAAC Allocation 2024

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

Maiyama LGA in Kebbi State received ₦1,700,075,334 (about ₦1.7B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦425.0M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.70B

₦1,700,075,334

Highest · December

₦494.5M

Lowest · September

₦364.5M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦620.3M 48.3%

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

Exchange rate gain₦452.0M 35.2%

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

Statutory allocation₦170.0M 13.3%

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

Ecological fund₦18.8M 1.5%

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

Electronic transfer levy₦18.5M 1.4%

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

Solid minerals revenue₦3.5M 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
₦1,283,045,581
Ecology transfer
− ₦9,382,199
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,273,663,382

About ₦0.73 of every ₦100 was taken off before Maiyama’s share was set. Covers 3 of the 4 months on record.

Among Kebbi’s councils

Maiyama’s 2024 total is the 5th 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₦414.7MNo earlier month to compare

What came in

Value added tax (VAT)51.5%
₦215,211,955
Exchange rate gain36.8%
₦153,479,198
Statutory allocation7.8%
₦32,543,171
Electronic transfer levy1.7%
₦7,120,485
Ecological fund1.4%
₦5,684,973
Solid minerals revenue0.8%
₦3,476,735
Gross allocation
₦417,516,516

What came off first

Ecology transfer
− ₦2,842,487
Net allocation
₦414,674,029
Septemberfrom August revenue₦364.5M−12.1% on the month before

What came in

Value added tax (VAT)52.8%
₦193,739,426
Exchange rate gain33.5%
₦122,825,525
Statutory allocation10.9%
₦39,813,268
Electronic transfer levy1.5%
₦5,672,612
Ecological fund1.3%
₦4,879,164
Gross allocation
₦366,929,995

What came off first

Ecology transfer
− ₦2,439,582
Net allocation
₦364,490,413
Novemberfrom October revenue₦426.4MNo earlier month to compare

The imported figures for November do not add up to its total of ₦426,411,952, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦494.5M+16.0% on the month before

What came in

Value added tax (VAT)42.4%
₦211,348,294
Exchange rate gain35.2%
₦175,682,282
Statutory allocation19.6%
₦97,659,776
Ecological fund1.6%
₦8,200,262
Electronic transfer levy1.1%
₦5,708,457
Gross allocation
₦498,599,070

What came off first

Ecology transfer
− ₦4,100,131
Net allocation
₦494,498,940
Total4 months of 2024₦1,700,075,334

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 Maiyama 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.