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Barkin Ladi LGA · Plateau State · Federal allocation

Barkin Ladi LGA FAAC Allocation 2024

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

Barkin Ladi LGA in Plateau State received ₦1,699,030,657 (about ₦1.7B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦424.8M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.70B

₦1,699,030,657

Highest · December

₦490.1M

Lowest · September

₦369.0M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦642.0M 50.0%

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

Exchange rate gain₦435.7M 33.9%

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

Statutory allocation₦163.9M 12.8%

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

Electronic transfer levy₦20.5M 1.6%

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

Ecological fund₦18.1M 1.4%

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

Solid minerals revenue₦3.4M 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
₦1,283,515,825
Ecology transfer
− ₦9,043,364
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,274,472,461

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

Among Plateau’s councils

Barkin Ladi’s 2024 total is the 10th largest of Plateau’s 17 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₦415.3MNo earlier month to compare

What came in

Value added tax (VAT)53.1%
₦222,035,956
Exchange rate gain35.4%
₦147,936,339
Statutory allocation7.5%
₦31,367,883
Electronic transfer levy1.9%
₦7,880,498
Ecological fund1.3%
₦5,479,662
Solid minerals revenue0.8%
₦3,351,173
Gross allocation
₦418,051,510

What came off first

Ecology transfer
− ₦2,739,831
Net allocation
₦415,311,679
Septemberfrom August revenue₦369.0M−11.1% on the month before

What came in

Value added tax (VAT)54.8%
₦203,652,750
Exchange rate gain31.9%
₦118,389,714
Statutory allocation10.3%
₦38,375,423
Electronic transfer levy1.7%
₦6,242,936
Ecological fund1.3%
₦4,702,954
Gross allocation
₦371,363,778

What came off first

Ecology transfer
− ₦2,351,477
Net allocation
₦369,012,301
Novemberfrom October revenue₦424.6MNo earlier month to compare

The imported figures for November do not add up to its total of ₦424,558,196, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦490.1M+15.4% on the month before

What came in

Value added tax (VAT)43.8%
₦216,329,322
Exchange rate gain34.3%
₦169,337,564
Statutory allocation19.1%
₦94,132,819
Ecological fund1.6%
₦7,904,111
Electronic transfer levy1.3%
₦6,396,720
Gross allocation
₦494,100,537

What came off first

Ecology transfer
− ₦3,952,056
Net allocation
₦490,148,481
Total4 months of 2024₦1,699,030,657

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 Barkin Ladi 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.