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STAR INFORMATION — Revenue and Expenditure Profiles of the Ekiti State & Local Governments from January

No Comments » November 14th, 2007 posted by Nigerian Muse // Categories: Ekiti State Development Project



 

 

 

STAR INFORMATION:  Revenue and Expenditure profile of the Ekiti State & Local Governments from January – October 2007

                                  EKITI STATE OF NIGERIA                       

                      OFFICE OF THE  ACCOUNTANT GENERAL                       

           SUMMARY OF REVENUE TO LOCAL GOVT. COUNCILS                       

                               JUNE TO SEPTEMBER,    2007

Source:  Attachment of  PRESS STATEMENT ON  THE ALLEGATION OF ILLEGAL DEDUCTIONS OF LOCAL GOVERNMENT FUNDS  IN EKITI STATE  by Mr. Abiodun Bamiteko [November 13, 2007]

A

REVENUE

JUNE

JULY

AUGUST

SEPTEMBER

TOTAL

 

 

N

N

N

N

N

 

Statutory  Allocation

  758,419,388.99

     894,157,250.47

  1,077,737,522.22

  1,062,226,958.07

  3,792,541,119.75

 

Value Added Tax (V. A. T)

  147,779,067.28

     102,673,073.22

     179,632,896.07

     127,248,218.52

     557,333,255.09

 

10% State I. G. R

    10,755,000.00

       11,005,000.00

       11,900,000.00

       13,332,395.60

       46,992,395.60

 

TOTAL   ( A )

  916,953,456.27

  1,007,835,323.69

  1,269,270,418.29

  1,202,807,572.19

  4,396,866,770.44

 

 

 

 

 

 

 

B

Less First Line Charges:

 

 

 

 

 

 

(I)     Pry. Schl Teachers’ Salary

  299,146,644.06

     299,146,644.06

     358,446,796.06

     353,223,359.05

  1,309,963,443.23

 

(ii)    L. G. Employees’ Sal.& L. Bonus

  278,548,412.81

     289,064,909.29

     289,064,907.29

     399,247,180.51

  1,255,925,409.90

 

(iii)   Pension Fund

    54,424,712.71

       73,132,345.62

       73,132,345.62

       82,739,862.67

     283,429,266.62

 

(iv)   Training Fund

      7,584,193.89

         8,941,572.50

       10,777,375.22

       10,622,269.58

       37,925,411.19

 

(v)    Traditional Rulers

    37,920,969.45

       44,707,862.52

       53,886,876.11

       53,111,347.90

     189,627,055.98

 

(vi)    L. G. Loans Board

      9,480,242.36

       11,176,965.63

       13,471,719.04

       13,277,836.97

       47,406,764.00

 

(vii)   L. G. Service Commission

    11,376,290.84

       13,412,358.76

       16,166,062.83

       15,933,404.38

       56,888,116.81

 

(viii)  L. G. Pension Board

      7,584,193.89

         8,941,572.50

       10,777,375.22

       10,622,269.58

       37,925,411.19

 

(ix)   L. G. Training School

      5,688,145.42

         6,706,179.38

         8,083,031.41

         7,966,702.18

       28,444,058.39

 

(x)    Admin Charges (MLC&C)

      3,792,096.94

         4,470,786.25

         5,388,687.61

         5,311,134.79

       18,962,705.59

 

TOTAL (B)

  715,545,902.37

     759,701,196.51

     839,195,176.41

     952,055,367.61

  3,266,497,642.90

C

Net Distributable Fund (NDF) (A – B)

  201,407,553.90

     248,134,127.18

     430,075,241.88

     250,752,204.58

  1,130,369,127.54

D

Excess Crude Proceeds (D)

  234,337,607.19

     438,736,032.49

     168,604,270.39

       10,331,230.62

     852,009,140.69

E

Total Disbursement ( C + D )

  435,745,161.09

     686,870,159.67

     598,679,512.27

     261,083,435.20

  1,982,378,268.23

                                                                                       EKITI STATE OF NIGERIA                           

                                                                      OFFICE OF THE ACCOUNTANT GENERAL                            

                                         SUMMARY OF FUNDS RELEASED TO LOCAL GOVERNMENT COUNCILS                           
                                                                                       JUNE – SEPTEMBER, 2007

S

LOCAL GOVT.

NET DISTRIBUTABLE

AMOUNT AVAILABLE

AMOUNT AVAILABLE

EXCESS CRUDE

TOTAL AVAILABLE

TOTAL FUNDS

NO

COUNCILS

FUND (NDF)

FOR RECURRENT

FOR CAPITAL

PROCEEDS (ECP)

FOR CAPITAL

RELEASED

 

 

 

EXPENDITURE

EXPENDITURE

 

EXPENDITURE

 

 

 

 

(40% OF NDF)

(60% OF NDF)

 

(F + E)

 

A

B

C

D

E

F

G = E+F

H = C+F

 

 

N

N

N

N

N

N

1

ADO

            89,592,656.24

            35,837,062.50

            53,755,593.74

       67,523,480.42

     121,279,074.16

   157,116,136.66

2

AIYEKIRE

            66,578,060.72

            26,631,224.29

            39,946,836.43

       50,183,276.69

       90,130,113.12

   116,761,337.41

3

EFON

            68,231,403.12

            27,292,561.25

            40,938,841.87

       51,422,398.18

       92,361,240.05

   119,653,801.30

4

EKITI EAST

            66,020,365.27

            26,408,146.11

            39,612,219.16

       49,763,286.51

       89,375,505.67

   115,783,651.78

5

EKITI S. WEST

            79,192,559.95

            31,677,023.98

            47,515,535.97

       59,701,101.43

     107,216,637.40

   138,893,661.38

6

EKITI WEST

            79,249,769.02

            31,699,907.61

            47,549,861.41

       59,735,504.80

     107,285,366.21

   138,985,273.82

7

EMURE

            60,719,205.43

            24,287,682.17

            36,431,523.26

       45,769,506.41

       82,201,029.67

   106,488,711.84

8

IDO-OSI

            68,622,937.57

            27,449,175.03

            41,173,762.54

       51,725,585.47

       92,899,348.01

   120,348,523.04

9

IJERO

            71,286,123.07

            28,514,449.23

            42,771,673.84

       53,725,615.18

       96,497,289.02

   125,011,738.25

10

IKERE

            68,550,089.02

            27,420,035.61

            41,130,053.41

       51,659,250.47

       92,789,303.88

   120,209,339.49

11

IKOLE

            78,883,425.18

            31,553,370.07

            47,330,055.11

       59,455,734.04

     106,785,789.15

   138,339,159.22

12

ILEJEMEJE

            49,170,376.20

            19,668,150.48

            29,502,225.72

       37,061,575.46

       66,563,801.18

     86,231,951.66

13

IREP./IFELODUN

            71,483,582.59

            28,593,433.04

            42,890,149.55

       53,887,117.39

       96,777,266.94

   125,370,699.98

14

ISE-ORUN

            63,529,468.22

            25,411,787.29

            38,117,680.93

       47,885,157.01

       86,002,837.94

   111,414,625.23

15

MOBA

            74,068,453.37

            29,627,381.35

            44,441,072.02

       55,832,961.23

     100,274,033.25

   129,901,414.60

16

OYE

            75,190,652.57

            30,076,261.03

            45,114,391.54

       56,677,590.00

     101,791,981.54

   131,868,242.57

 

TOTAL

       1,130,369,127.54

          452,147,651.02

          678,221,476.52

     852,009,140.69

  1,530,230,617.21

1,982,378,268.23

Distribution Details of Revenue Allocation to the 16 Ekiti State Local Government Councils by Federation Account Allocation Committee

Source:  Federal Ministry of Finance

 

Months

Of Distribution

Gross Statutory

Allocation

(Naira)

Deduction

To

Equip

Hospitals

(or Correction of

Error)

Excess

Crude

Proceeds

(Naira)

Value

Added

Tax

(Naira)

Total

Allocation

(Naira)

January 2007

 760,583,990.16

0

0

114,949,054.40

875,533,044.56

February  2007

850,928,784.77

    3,280,311.17

0

122,315,688.77

976,524,784.72

March  2007

903,160,319.85

-74,164,892.62

692,070,971.24

119,177,792.75

1,640,244,191.21

April  2007

859,016,682.73

-76,897,318.56

208,781,097.84

114,859,901.37

May 2007

737,537,759.97

-76,897,318.56

330,574,786.87

143,773,466.35

Total January – May 

2007

 

 

 

 

 

 

 

 

 

 

 

 

June  2007

835,316,707.54

-76,897,318.56

234,337,607.18

147,779,067.27

1,140,536,063.43

July  2007

971,054,569.02

-76,897,318.56

438,736,032.50

102,673,073.23

1,435,566,356.19

August  2007

1,077,737,522.21

0

168,604,270.40

179,632,896.00

1,425,974,688.69

September  2007

1,062,226,958.07

0

10,331,230.64

127,248,218.50

October  2007

857,606,483.87

0

217,940,047.14

175,595,594.92

Total June-October

2007

4,803,942,240.71

-153,794,637.12

1,069,949,187.86

732,928,849.92

 

 

 

 

 

Distribution of Revenue Allocation to Ekiti State & Local  Governments by Federation Account Allocation Committee


Months

of Distribution

State Govt

(Naira)

Local Govt

(Naira)

Total

(Naira)

 

 

 

 

January 2007

1,402,637,224.13

875,533,044.56

2,278,170,268.69

February  2007

1,554,815,094.13

976,524,784.72

2,531,339,878.85

March  2007

2,732,501,072.42

1,640,244,191.21

4,372,745,263.63

April  2007

1,872,124,908.39

1,105,760,363.38

2,977,885,271.77

May 2007

1,923,306,103.50

1,134,988,694.63

3,058,294,798.13

Total January-May

2007

9,485,384,402.57

5,733,051,078.5

15,218,435,481.07

 

 

 

 

June  2007

1,932,777,733.37

1,140,536,063.43

3,073,313,796.80

July  2007

2,394,737,190.18

1,435,566,356.19

3,830,303,546.37

August  2007

2,275,639,607.40

1,425,974,688.69

3,701,614,296.09

September  2007

1,921,782,504.86

1,199,806,407.21

3,121,588,912.07

October  2007

2,002,013,840.77

1,251,142,125.93

3,253,155,966.70

Total June-October

2007

10,526,950,876.58

6,453,025,641.45

16,979,976,518.03

 

 

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