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Agaie LGA · Niger State · Federal allocation

Agaie LGA FAAC Allocation 2024

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

Agaie LGA in Niger State received ₦1,524,070,659 (about ₦1.5B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦381.0M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.52B

₦1,524,070,659

Highest · December

₦433.6M

Lowest · September

₦324.3M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦574.1M 50.6%

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

Exchange rate gain₦380.6M 33.6%

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

Statutory allocation₦143.2M 12.6%

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

Electronic transfer levy₦17.8M 1.6%

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

Ecological fund₦15.8M 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
₦1,134,462,561
Ecology transfer
− ₦7,901,084
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,126,561,478

About ₦0.70 of every ₦100 was taken off before Agaie’s share was set. Covers 3 of the 4 months on record.

Among Niger’s councils

Agaie’s 2024 total is the 16th largest of Niger’s 25 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₦368.7MNo earlier month to compare

What came in

Value added tax (VAT)53.9%
₦199,874,936
Exchange rate gain34.8%
₦129,250,290
Statutory allocation7.4%
₦27,405,761
Electronic transfer levy1.8%
₦6,842,542
Ecological fund1.3%
₦4,787,518
Solid minerals revenue0.8%
₦2,927,882
Gross allocation
₦371,088,929

What came off first

Ecology transfer
− ₦2,393,759
Net allocation
₦368,695,170
Septemberfrom August revenue₦324.3M−12.1% on the month before

What came in

Value added tax (VAT)55.1%
₦179,759,094
Exchange rate gain31.7%
₦103,435,742
Statutory allocation10.3%
₦33,528,169
Electronic transfer levy1.7%
₦5,473,054
Ecological fund1.3%
₦4,108,917
Gross allocation
₦326,304,977

What came off first

Ecology transfer
− ₦2,054,459
Net allocation
₦324,250,518
Novemberfrom October revenue₦397.5MNo earlier month to compare

The imported figures for November do not add up to its total of ₦397,509,182, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦433.6M+9.1% on the month before

What came in

Value added tax (VAT)44.5%
₦194,503,993
Exchange rate gain33.9%
₦147,948,296
Statutory allocation18.8%
₦82,242,770
Ecological fund1.6%
₦6,905,732
Electronic transfer levy1.3%
₦5,467,865
Gross allocation
₦437,068,656

What came off first

Ecology transfer
− ₦3,452,866
Net allocation
₦433,615,790
Total4 months of 2024₦1,524,070,659

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 Agaie 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.