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Emohua LGA · Rivers State · Federal allocation

Emohua LGA FAAC Allocation 2024

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

Emohua LGA in Rivers State received ₦2,733,781,892 (about ₦2.7B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦683.4M a month.

Net allocation · 4 months of 2024

4 months on record
₦2.73B

₦2,733,781,892

Highest · December

₦762.9M

Lowest · September

₦606.2M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦1.46B 72.1%

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

Exchange rate gain₦380.1M 18.7%

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

Statutory allocation₦143.0M 7.0%

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

Electronic transfer levy₦25.3M 1.2%

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

Ecological fund₦15.8M 0.8%

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

Solid minerals revenue₦2.9M 0.1%

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
₦2,031,150,211
Ecology transfer
− ₦7,889,236
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦2,023,260,975

About ₦0.39 of every ₦100 was taken off before Emohua’s share was set. Covers 3 of the 4 months on record.

Among Rivers’s councils

Emohua’s 2024 total is the 15th largest of Rivers’s 23 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₦654.1MNo earlier month to compare

What came in

Value added tax (VAT)73.5%
₦482,675,351
Exchange rate gain19.7%
₦129,056,483
Statutory allocation4.2%
₦27,364,667
Electronic transfer levy1.5%
₦9,739,693
Ecological fund0.7%
₦4,780,339
Solid minerals revenue0.4%
₦2,923,492
Gross allocation
₦656,540,025

What came off first

Ecology transfer
− ₦2,390,170
Net allocation
₦654,149,855
Septemberfrom August revenue₦606.2M−7.3% on the month before

What came in

Value added tax (VAT)75.6%
₦459,612,595
Exchange rate gain17.0%
₦103,280,643
Statutory allocation5.5%
₦33,477,895
Electronic transfer levy1.3%
₦7,756,025
Ecological fund0.7%
₦4,102,756
Gross allocation
₦608,229,913

What came off first

Ecology transfer
− ₦2,051,378
Net allocation
₦606,178,535
Novemberfrom October revenue₦710.5MNo earlier month to compare

The imported figures for November do not add up to its total of ₦710,520,917, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦762.9M+7.4% on the month before

What came in

Value added tax (VAT)68.1%
₦521,857,229
Exchange rate gain19.3%
₦147,726,452
Statutory allocation10.7%
₦82,119,449
Electronic transfer levy1.0%
₦7,781,765
Ecological fund0.9%
₦6,895,377
Gross allocation
₦766,380,273

What came off first

Ecology transfer
− ₦3,447,689
Net allocation
₦762,932,584
Total4 months of 2024₦2,733,781,892

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 Emohua 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.