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Awe LGA · Nasarawa State · Federal allocation

Awe LGA FAAC Allocation 2024

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

Awe LGA in Nasarawa State received ₦1,530,823,253 (about ₦1.5B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦382.7M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.53B

₦1,530,823,253

Highest · December

₦446.9M

Lowest · September

₦329.3M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦560.3M 48.0%

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

Exchange rate gain₦412.4M 35.4%

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

Statutory allocation₦155.1M 13.3%

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

Electronic transfer levy₦18.1M 1.6%

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

Ecological fund₦17.1M 1.5%

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

Solid minerals revenue₦3.2M 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
₦1,166,274,943
Ecology transfer
− ₦17,121,936
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,149,153,007

About ₦1.47 of every ₦100 was taken off before Awe’s share was set. Covers 3 of the 4 months on record.

Among Nasarawa’s councils

Awe’s 2024 total is the 8th largest of Nasarawa’s 13 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₦372.9MNo earlier month to compare

What came in

Value added tax (VAT)51.1%
₦193,048,421
Exchange rate gain37.0%
₦140,045,043
Statutory allocation7.9%
₦29,694,641
Electronic transfer levy1.8%
₦6,959,265
Ecological fund1.4%
₦5,187,363
Solid minerals revenue0.8%
₦3,172,413
Gross allocation
₦378,107,147

What came off first

Ecology transfer
− ₦5,187,363
Net allocation
₦372,919,784
Septemberfrom August revenue₦329.3M−11.7% on the month before

What came in

Value added tax (VAT)52.5%
₦175,307,930
Exchange rate gain33.6%
₦112,074,510
Statutory allocation10.9%
₦36,328,382
Electronic transfer levy1.7%
₦5,580,938
Ecological fund1.3%
₦4,452,087
Gross allocation
₦333,743,847

What came off first

Ecology transfer
− ₦4,452,087
Net allocation
₦329,291,760
Novemberfrom October revenue₦381.7MNo earlier month to compare

The imported figures for November do not add up to its total of ₦381,670,245, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦446.9M+17.1% on the month before

What came in

Value added tax (VAT)42.2%
₦191,950,990
Exchange rate gain35.3%
₦160,304,674
Statutory allocation19.6%
₦89,111,539
Ecological fund1.6%
₦7,482,486
Electronic transfer levy1.2%
₦5,574,261
Gross allocation
₦454,423,950

What came off first

Ecology transfer
− ₦7,482,486
Net allocation
₦446,941,463
Total4 months of 2024₦1,530,823,253

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 Awe 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.