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Gudu LGA · Sokoto State · Federal allocation

Gudu LGA FAAC Allocation 2024

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

Gudu LGA in Sokoto State received ₦1,494,062,030 (about ₦1.5B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦373.5M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.49B

₦1,494,062,030

Highest · December

₦439.5M

Lowest · September

₦316.5M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦539.1M 48.3%

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

Exchange rate gain₦393.8M 35.3%

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

Statutory allocation₦148.1M 13.3%

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

Ecological fund₦16.3M 1.5%

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

Electronic transfer levy₦15.9M 1.4%

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

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
₦1,116,391,312
Deductions at source
None recorded
Net allocation
₦1,116,391,312

Covers 3 of the 4 months on record.

Among Sokoto’s councils

Gudu’s 2024 total is the 19th largest of Sokoto’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₦360.4MNo earlier month to compare

What came in

Value added tax (VAT)51.1%
₦184,148,647
Exchange rate gain37.1%
₦133,730,109
Statutory allocation7.9%
₦28,355,646
Electronic transfer levy1.7%
₦6,137,384
Ecological fund1.4%
₦4,953,454
Solid minerals revenue0.8%
₦3,029,362
Gross allocation
₦360,354,600

What came off first

Deductions at source
None recorded
Net allocation
₦360,354,600
Septemberfrom August revenue₦316.5M−12.2% on the month before

What came in

Value added tax (VAT)52.3%
₦165,695,148
Exchange rate gain33.8%
₦107,020,827
Statutory allocation11.0%
₦34,690,256
Electronic transfer levy1.5%
₦4,890,104
Ecological fund1.3%
₦4,251,333
Gross allocation
₦316,547,669

What came off first

Deductions at source
None recorded
Net allocation
₦316,547,669
Novemberfrom October revenue₦377.7MNo earlier month to compare

The imported figures for November do not add up to its total of ₦377,670,718, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦439.5M+16.4% on the month before

What came in

Value added tax (VAT)43.1%
₦189,267,028
Exchange rate gain34.8%
₦153,076,188
Statutory allocation19.4%
₦85,093,306
Ecological fund1.6%
₦7,145,085
Electronic transfer levy1.1%
₦4,907,436
Gross allocation
₦439,489,043

What came off first

Deductions at source
None recorded
Net allocation
₦439,489,043
Total4 months of 2024₦1,494,062,030

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 Gudu 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.