|
|
Revenue and Expenditure Profiles of the Ekiti State & Local Governments from January – October 2007
November 14, 2007 | posted by Nigerian Muse (Archives)
|
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
|
1,105,760,363.38
|
|
May 2007
|
737,537,759.97
|
-76,897,318.56
|
330,574,786.87
|
143,773,466.35
|
1,134,988,694.63
|
|
Total January – May
2007
|
4,111,227,537.48
|
-224,679,218.57
|
1,231,426,855.95
|
615,075,903.64
|
5,733,051,078.5
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
1,199,806,407.21
|
|
October 2007
|
857,606,483.87
|
0
|
217,940,047.14
|
175,595,594.92
|
1,251,142,125.93
|
|
Total June-October
2007
|
4,803,942,240.71
|
-153,794,637.12
|
1,069,949,187.86
|
732,928,849.92
|
6,453,025,641.45
|
Distribution of Revenue Allocation to Ekiti State & Local Governments by Federation Account Allocation Committee
Source: Federal Ministry of Finance, Abuja, Nigeria
|
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
|
Receive Email Updates
(1,685 Subscribers)
If you've enjoyed this here on NigerianMuse, you are welcome to join our community.
Stay Tuned via RSS ...
Bookmark this Page ...
Twitter Comments About this Article ...
|
Save This Article
