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Borgu LGA · Niger State · Federal allocation

Borgu LGA FAAC Allocation 2024

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

Borgu LGA in Niger State received ₦2,011,382,722 (about ₦2.0B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦502.8M a month.

Net allocation · 4 months of 2024

4 months on record
₦2.01B

₦2,011,382,722

Highest · December

₦591.5M

Lowest · September

₦423.8M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦624.0M 41.3%

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

Exchange rate gain₦609.2M 40.3%

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

Statutory allocation₦229.2M 15.2%

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

Ecological fund₦25.3M 1.7%

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

Electronic transfer levy₦19.2M 1.3%

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

Solid minerals revenue₦4.7M 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
₦1,511,591,800
Ecology transfer
− ₦12,646,224
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,498,945,575

About ₦0.84 of every ₦100 was taken off before Borgu’s share was set. Covers 3 of the 4 months on record.

Among Niger’s councils

Borgu’s 2024 total is the 2nd 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₦483.6MNo earlier month to compare

What came in

Value added tax (VAT)44.5%
₦216,935,956
Exchange rate gain42.4%
₦206,873,924
Statutory allocation9.0%
₦43,864,794
Ecological fund1.6%
₦7,662,750
Electronic transfer levy1.5%
₦7,393,891
Solid minerals revenue1.0%
₦4,686,275
Gross allocation
₦487,417,589

What came off first

Ecology transfer
− ₦3,831,375
Net allocation
₦483,586,215
Septemberfrom August revenue₦423.8M−12.4% on the month before

What came in

Value added tax (VAT)45.7%
₦195,401,706
Exchange rate gain38.8%
₦165,555,975
Statutory allocation12.6%
₦53,664,126
Ecological fund1.5%
₦6,576,603
Electronic transfer levy1.4%
₦5,913,046
Gross allocation
₦427,111,456

What came off first

Ecology transfer
− ₦3,288,302
Net allocation
₦423,823,154
Novemberfrom October revenue₦512.4MNo earlier month to compare

The imported figures for November do not add up to its total of ₦512,437,147, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦591.5M+15.4% on the month before

What came in

Exchange rate gain39.7%
₦236,801,361
Value added tax (VAT)35.5%
₦211,664,416
Statutory allocation22.0%
₦131,635,175
Ecological fund1.9%
₦11,053,096
Electronic transfer levy1.0%
₦5,908,706
Gross allocation
₦597,062,754

What came off first

Ecology transfer
− ₦5,526,548
Net allocation
₦591,536,206
Total4 months of 2024₦2,011,382,722

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 Borgu 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.