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Yobe State · Federal allocation

Yobe State FAAC Allocation 2024

What landed each month, where it came from, and what came off first.

Yobe State received ₦39,378,013,877 (about ₦39.4B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦9.84B a month.

Net allocation received · 4 months of 2024

4 months on record
₦39.38B

₦39,378,013,877

Highest · December

₦11.46B

Lowest · September

₦8.37B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦16.72B 52.0%

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

Exchange rate gain₦10.51B 32.7%

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

Statutory allocation₦3.95B 12.3%

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

Electronic transfer levy₦492.8M 1.5%

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

Ecological fund₦402.7M 1.3%

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

Solid minerals revenue₦85.1M 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.

Before the money arrived

Gross allocation
₦43,123,034,666
Other deductions
− ₦2,656,564,907
Amounts the report shows as taken off, without saying what for.
External debt repayment
− ₦1,088,455,882
Repayments on the state’s foreign loans, taken before the money is paid out.
Net received
₦39,378,013,877

About ₦8.68 of every ₦100 was taken off before Yobe was paid.

Local governments got their own

Yobe’s 17 local governments were allocated ₦27.08B in 2024, across 4 months on record.

That money is separate. It is not part of the state’s figure on this page.

See each local government’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₦9.53BNo earlier month to compare

What came in

Value added tax (VAT)54.9%
₦5,746,404,322
Exchange rate gain34.1%
₦3,568,526,666
Statutory allocation7.2%
₦756,657,407
Electronic transfer levy1.8%
₦189,449,270
Ecological fund1.2%
₦122,012,895
Solid minerals revenue0.8%
₦85,102,328
Gross allocation
₦10,468,152,889

What came off first

Other deductions
− ₦662,084,874
External debt repayment
− ₦272,113,971
Net received
₦9,533,954,044
Septemberfrom August revenue₦8.37B−12.2% on the month before

What came in

Value added tax (VAT)56.6%
₦5,263,251,840
Exchange rate gain30.7%
₦2,855,801,732
Statutory allocation10.0%
₦925,693,592
Electronic transfer levy1.6%
₦150,712,306
Ecological fund1.1%
₦104,718,332
Gross allocation
₦9,300,177,803

What came off first

Other deductions
− ₦661,984,874
External debt repayment
− ₦272,113,971
Net received
₦8,366,078,958
Novemberfrom October revenue₦10.02BNo earlier month to compare

The imported figures for November do not add up to its total of ₦10,015,072,715, so only the total is shown. It needs checking against the official report.

What came off first

Gross allocation
₦10,957,886,969
Other deductions
− ₦670,700,283
External debt repayment
− ₦272,113,971
Net received
₦10,015,072,715
Decemberfrom November revenue₦11.46B+14.5% on the month before

What came in

Value added tax (VAT)46.1%
₦5,712,758,100
Exchange rate gain33.0%
₦4,084,767,932
Statutory allocation18.3%
₦2,270,675,885
Ecological fund1.4%
₦175,996,906
Electronic transfer levy1.2%
₦152,618,181
Gross allocation
₦12,396,817,005

What came off first

Other deductions
− ₦661,794,874
External debt repayment
− ₦272,113,971
Net received
₦11,462,908,160
Total4 months of 2024₦39,378,013,877

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 Yobe State), 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.

Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.