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Bokkos LGA · Plateau State · Federal allocation

Bokkos LGA FAAC Allocation 2024

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

Bokkos LGA in Plateau State received ₦1,709,072,066 (about ₦1.7B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦427.3M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.71B

₦1,709,072,066

Highest · December

₦492.8M

Lowest · September

₦371.0M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦646.1M 50.1%

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

Exchange rate gain₦437.6M 33.9%

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

Statutory allocation₦164.6M 12.8%

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

Electronic transfer levy₦20.6M 1.6%

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

Ecological fund₦18.2M 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
₦1,290,407,666
Ecology transfer
− ₦9,082,775
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦1,281,324,891

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

Among Plateau’s councils

Bokkos’s 2024 total is the 9th 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₦417.6MNo earlier month to compare

What came in

Value added tax (VAT)53.2%
₦223,428,077
Exchange rate gain35.4%
₦148,581,050
Statutory allocation7.5%
₦31,504,585
Electronic transfer levy1.9%
₦7,925,486
Ecological fund1.3%
₦5,503,542
Solid minerals revenue0.8%
₦3,365,778
Gross allocation
₦420,308,519

What came off first

Ecology transfer
− ₦2,751,771
Net allocation
₦417,556,748
Septemberfrom August revenue₦371.0M−11.1% on the month before

What came in

Value added tax (VAT)54.9%
₦204,929,134
Exchange rate gain31.8%
₦118,905,661
Statutory allocation10.3%
₦38,542,665
Electronic transfer levy1.7%
₦6,278,838
Ecological fund1.3%
₦4,723,450
Gross allocation
₦373,379,747

What came off first

Ecology transfer
− ₦2,361,725
Net allocation
₦371,018,022
Novemberfrom October revenue₦427.7MNo earlier month to compare

The imported figures for November do not add up to its total of ₦427,747,175, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦492.8M+15.2% on the month before

What came in

Value added tax (VAT)43.8%
₦217,729,554
Exchange rate gain34.2%
₦170,075,543
Statutory allocation19.0%
₦94,543,054
Ecological fund1.6%
₦7,938,558
Electronic transfer levy1.3%
₦6,432,691
Gross allocation
₦496,719,400

What came off first

Ecology transfer
− ₦3,969,279
Net allocation
₦492,750,121
Total4 months of 2024₦1,709,072,066

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 Bokkos 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.