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Bida LGA · Niger State · Federal allocation

Bida LGA FAAC Allocation 2024

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

Bida LGA in Niger State received ₦1,611,530,708 (about ₦1.6B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦402.9M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.61B

₦1,611,530,708

Highest · December

₦454.6M

Lowest · September

₦344.7M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦644.7M 53.8%

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

Exchange rate gain₦374.3M 31.2%

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

Statutory allocation₦140.8M 11.8%

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

Electronic transfer levy₦19.8M 1.7%

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

Ecological fund₦15.5M 1.3%

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

Solid minerals revenue₦2.9M 0.2%

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
₦1,197,962,205
Ecology transfer
− ₦7,768,652
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,190,193,553

About ₦0.65 of every ₦100 was taken off before Bida’s share was set. Covers 3 of the 4 months on record.

Among Niger’s councils

Bida’s 2024 total is the 12th 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₦390.9MNo earlier month to compare

What came in

Value added tax (VAT)57.0%
₦224,019,306
Exchange rate gain32.3%
₦127,083,902
Statutory allocation6.9%
₦26,946,408
Electronic transfer levy1.9%
₦7,622,798
Ecological fund1.2%
₦4,707,274
Solid minerals revenue0.7%
₦2,878,807
Gross allocation
₦393,258,495

What came off first

Ecology transfer
− ₦2,353,637
Net allocation
₦390,904,858
Septemberfrom August revenue₦344.7M−11.8% on the month before

What came in

Value added tax (VAT)58.2%
₦201,896,165
Exchange rate gain29.3%
₦101,702,036
Statutory allocation9.5%
₦32,966,197
Electronic transfer levy1.8%
₦6,095,720
Ecological fund1.2%
₦4,040,047
Gross allocation
₦346,700,165

What came off first

Ecology transfer
− ₦2,020,024
Net allocation
₦344,680,142
Novemberfrom October revenue₦421.3MNo earlier month to compare

The imported figures for November do not add up to its total of ₦421,337,155, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦454.6M+7.9% on the month before

What came in

Value added tax (VAT)47.8%
₦218,789,037
Exchange rate gain31.8%
₦145,468,507
Statutory allocation17.7%
₦80,864,283
Ecological fund1.5%
₦6,789,984
Electronic transfer levy1.3%
₦6,091,734
Gross allocation
₦458,003,545

What came off first

Ecology transfer
− ₦3,394,992
Net allocation
₦454,608,553
Total4 months of 2024₦1,611,530,708

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 Bida 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.