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Kontagora LGA · Niger State · Federal allocation

Kontagora LGA FAAC Allocation 2024

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

Kontagora LGA in Niger State received ₦1,570,519,338 (about ₦1.6B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦392.6M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.57B

₦1,570,519,338

Highest · December

₦446.3M

Lowest · September

₦334.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦598.4M 51.2%

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

Exchange rate gain₦387.4M 33.1%

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

Statutory allocation₦145.7M 12.5%

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

Electronic transfer levy₦18.5M 1.6%

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

Ecological fund₦16.1M 1.4%

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

Solid minerals revenue₦3.0M 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
₦1,169,081,019
Ecology transfer
− ₦8,041,130
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,161,039,889

About ₦0.69 of every ₦100 was taken off before Kontagora’s share was set. Covers 3 of the 4 months on record.

Among Niger’s councils

Kontagora’s 2024 total is the 15th 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₦380.2MNo earlier month to compare

What came in

Value added tax (VAT)54.4%
₦208,190,534
Exchange rate gain34.4%
₦131,541,242
Statutory allocation7.3%
₦27,891,526
Electronic transfer levy1.9%
₦7,111,271
Ecological fund1.3%
₦4,872,376
Solid minerals revenue0.8%
₦2,979,778
Gross allocation
₦382,586,728

What came off first

Ecology transfer
− ₦2,436,188
Net allocation
₦380,150,540
Septemberfrom August revenue₦334.6M−12.0% on the month before

What came in

Value added tax (VAT)55.7%
₦187,383,355
Exchange rate gain31.3%
₦105,269,133
Statutory allocation10.1%
₦34,122,453
Electronic transfer levy1.7%
₦5,687,507
Ecological fund1.2%
₦4,181,748
Gross allocation
₦336,644,197

What came off first

Ecology transfer
− ₦2,090,874
Net allocation
₦334,553,323
Novemberfrom October revenue₦409.5MNo earlier month to compare

The imported figures for November do not add up to its total of ₦409,479,448, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦446.3M+9.0% on the month before

What came in

Value added tax (VAT)45.1%
₦202,868,041
Exchange rate gain33.5%
₦150,570,669
Statutory allocation18.6%
₦83,700,517
Ecological fund1.6%
₦7,028,136
Electronic transfer levy1.3%
₦5,682,733
Gross allocation
₦449,850,094

What came off first

Ecology transfer
− ₦3,514,068
Net allocation
₦446,336,027
Total4 months of 2024₦1,570,519,338

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 Kontagora 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.