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Suru LGA · Kebbi State · Federal allocation

Suru LGA FAAC Allocation 2024

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

Suru LGA in Kebbi State received ₦1,647,264,602 (about ₦1.6B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦411.8M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.65B

₦1,647,264,602

Highest · December

₦480.6M

Lowest · September

₦352.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦587.8M 47.3%

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

Exchange rate gain₦448.1M 36.0%

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

Statutory allocation₦168.5M 13.5%

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

Ecological fund₦18.6M 1.5%

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

Electronic transfer levy₦17.6M 1.4%

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

Solid minerals revenue₦3.4M 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
₦1,244,015,980
Ecology transfer
− ₦9,300,685
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,234,715,295

About ₦0.75 of every ₦100 was taken off before Suru’s share was set. Covers 3 of the 4 months on record.

Among Kebbi’s councils

Suru’s 2024 total is the 8th 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₦401.5MNo earlier month to compare

What came in

Value added tax (VAT)50.5%
₦204,092,457
Exchange rate gain37.6%
₦152,145,735
Statutory allocation8.0%
₦32,260,428
Electronic transfer levy1.7%
₦6,761,144
Ecological fund1.4%
₦5,635,581
Solid minerals revenue0.9%
₦3,446,528
Gross allocation
₦404,341,872

What came off first

Ecology transfer
− ₦2,817,790
Net allocation
₦401,524,082
Septemberfrom August revenue₦352.6M−12.2% on the month before

What came in

Value added tax (VAT)51.7%
₦183,544,375
Exchange rate gain34.3%
₦121,758,388
Statutory allocation11.1%
₦39,467,361
Electronic transfer levy1.5%
₦5,385,848
Ecological fund1.4%
₦4,836,772
Gross allocation
₦354,992,744

What came off first

Ecology transfer
− ₦2,418,386
Net allocation
₦352,574,358
Novemberfrom October revenue₦412.5MNo earlier month to compare

The imported figures for November do not add up to its total of ₦412,549,307, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦480.6M+16.5% on the month before

What came in

Value added tax (VAT)41.3%
₦200,164,011
Exchange rate gain35.9%
₦174,155,913
Statutory allocation20.0%
₦96,811,285
Ecological fund1.7%
₦8,129,016
Electronic transfer levy1.1%
₦5,421,139
Gross allocation
₦484,681,363

What came off first

Ecology transfer
− ₦4,064,508
Net allocation
₦480,616,855
Total4 months of 2024₦1,647,264,602

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 Suru 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.