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Plateau State · Federal allocation

Plateau State FAAC Allocation 2024

What landed each month, where it came from, and what came off first.

Plateau State received ₦38,225,810,467 (about ₦38.2B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦9.56B a month.

Net allocation received · 4 months of 2024

4 months on record
₦38.23B

₦38,225,810,467

Highest · December

₦11.20B

Lowest · September

₦8.06B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦18.54B 53.1%

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

Exchange rate gain₦11.05B 31.7%

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

Statutory allocation₦4.16B 11.9%

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

Electronic transfer levy₦586.1M 1.7%

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

Ecological fund₦423.5M 1.2%

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

Solid minerals revenue₦153.9M 0.4%

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.

Before the money arrived

Gross allocation
₦46,595,560,077
Standing payment orders (ISPO)
− ₦4,125,597,692
Payments the state committed to in advance, such as contractor or bond repayments.
Other deductions
− ₦2,567,391,948
Amounts the report shows as taken off, without saying what for.
External debt repayment
− ₦1,401,567,136
Repayments on the state’s foreign loans, taken before the money is paid out.
Ecology transfer
− ₦275,192,835
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net received
₦38,225,810,467

About ₦17.96 of every ₦100 was taken off before Plateau was paid.

Local governments got their own

Plateau’s 17 local governments were allocated ₦29.36B in 2024, across 4 months on record.

That money is separate. It is not part of the state’s figure on this page.

See each local government’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₦9.37BNo earlier month to compare

What came in

Value added tax (VAT)55.9%
₦6,401,750,773
Exchange rate gain32.8%
₦3,752,658,288
Statutory allocation6.9%
₦795,700,006
Electronic transfer levy2.0%
₦225,198,138
Solid minerals revenue1.3%
₦153,888,563
Ecological fund1.1%
₦128,308,612
Gross allocation
₦11,457,504,380

What came off first

Standing payment orders (ISPO)
− ₦1,031,399,423
Other deductions
− ₦639,506,758
External debt repayment
− ₦350,391,784
Ecology transfer
− ₦64,154,306
Net received
₦9,372,052,110
Septemberfrom August revenue₦8.06B−14.0% on the month before

What came in

Value added tax (VAT)57.9%
₦5,867,459,640
Exchange rate gain29.6%
₦3,003,157,617
Statutory allocation9.6%
₦973,458,252
Electronic transfer levy1.8%
₦178,437,213
Ecological fund1.1%
₦110,121,670
Gross allocation
₦10,132,634,393

What came off first

Standing payment orders (ISPO)
− ₦1,031,399,423
Other deductions
− ₦639,506,758
External debt repayment
− ₦350,391,784
Ecology transfer
− ₦55,060,835
Net received
₦8,056,275,593
Novemberfrom October revenue₦9.59BNo earlier month to compare

The imported figures for November do not add up to its total of ₦9,592,781,220, so only the total is shown. It needs checking against the official report.

What came off first

Gross allocation
₦11,686,882,730
Standing payment orders (ISPO)
− ₦1,031,399,423
Other deductions
− ₦648,871,675
External debt repayment
− ₦350,391,784
Ecology transfer
− ₦63,438,628
Net received
₦9,592,781,220
Decemberfrom November revenue₦11.20B+16.8% on the month before

What came in

Value added tax (VAT)47.1%
₦6,267,596,053
Exchange rate gain32.3%
₦4,295,536,974
Statutory allocation17.9%
₦2,387,839,991
Ecological fund1.4%
₦185,078,131
Electronic transfer levy1.4%
₦182,487,425
Gross allocation
₦13,318,538,574

What came off first

Standing payment orders (ISPO)
− ₦1,031,399,423
Other deductions
− ₦639,506,758
External debt repayment
− ₦350,391,784
Ecology transfer
− ₦92,539,066
Net received
₦11,204,701,544
Total4 months of 2024₦38,225,810,467

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 Plateau State), 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.

Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.