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Sokoto South LGA · Sokoto State · Federal allocation

Sokoto South LGA FAAC Allocation 2024

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

Sokoto South LGA in Sokoto State received ₦1,691,278,128 (about ₦1.7B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦422.8M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.69B

₦1,691,278,128

Highest · December

₦490.7M

Lowest · September

₦361.3M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦666.0M 52.8%

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

Exchange rate gain₦404.1M 32.0%

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

Statutory allocation₦152.0M 12.0%

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

Electronic transfer levy₦19.6M 1.6%

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

Ecological fund₦16.8M 1.3%

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

Solid minerals revenue₦3.1M 0.2%

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
₦1,261,553,129
Deductions at source
None recorded
Net allocation
₦1,261,553,129

Covers 3 of the 4 months on record.

Among Sokoto’s councils

Sokoto South’s 2024 total is the 8th 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₦409.6MNo earlier month to compare

What came in

Value added tax (VAT)55.6%
₦227,554,698
Exchange rate gain33.5%
₦137,221,561
Statutory allocation7.1%
₦29,095,960
Electronic transfer levy1.8%
₦7,540,107
Ecological fund1.2%
₦5,082,779
Solid minerals revenue0.8%
₦3,108,454
Gross allocation
₦409,603,559

What came off first

Deductions at source
None recorded
Net allocation
₦409,603,559
Septemberfrom August revenue₦361.3M−11.8% on the month before

What came in

Value added tax (VAT)56.9%
₦205,492,535
Exchange rate gain30.4%
₦109,814,948
Statutory allocation9.9%
₦35,595,956
Electronic transfer levy1.7%
₦6,009,515
Ecological fund1.2%
₦4,362,327
Gross allocation
₦361,275,281

What came off first

Deductions at source
None recorded
Net allocation
₦361,275,281
Novemberfrom October revenue₦429.7MNo earlier month to compare

The imported figures for November do not add up to its total of ₦429,724,999, so only the total is shown. It needs checking against the official report.

Decemberfrom November revenue₦490.7M+14.2% on the month before

What came in

Value added tax (VAT)47.5%
₦232,925,979
Exchange rate gain32.0%
₦157,072,732
Statutory allocation17.8%
₦87,314,939
Ecological fund1.5%
₦7,331,630
Electronic transfer levy1.2%
₦6,029,008
Gross allocation
₦490,674,289

What came off first

Deductions at source
None recorded
Net allocation
₦490,674,289
Total4 months of 2024₦1,691,278,128

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 Sokoto South 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.