FAAC Disburses N2.38trn To FG in 2017 - NBS

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 Tuesday, January 22, 2019 05:30 PM / NBS   

 

The Federation Account Allocation Committee (FAAC) disbursed the sum of N2.38trn to the Federal Government of Nigeria in 2017 while states received a total of N1.79trn within the period under review. 

The amount disbursed to the FGN comprised of N2.12trn as Gross Statutory Allocation, N139.39bn as Valued Added Tax (VAT), N32.74bn as NNPC refund to FG and the distribution of N24.24bn from the FOREX equalisation fund. 

Akwa Ibom and Rivers States received the highest allocation of N143.61bn and N119.63bn respectively in 2017 while Osun and Cross River States received the least allocation of N10.44bn and N23.45bn in that order.

 

Click Here to Download 2017 FAAC Disbursement Series PDF Report


Latest 2019 NBS Reports

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Q1 2019 

1.       FAAC Disburses N812.76bn in December 2018 - NBS

2.      Average Price of 1kg of Tomato Decreased By -7.76% MoM To N294.36

3.      Average Within City Bus Journey Fare Decreased By -5.64% MoM To N181.61

4.      Headline Inflation Increases By 11.44% YoY in December 2018; 0.16% Higher Than November 2018 Rate

5.      Average Prices of PMS, AGO, HHK and Cooking Gas – December 2018

 

Latest 2018 NBS Reports

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Q4 2018 

1.       Average Prices of PMS, AGO, HHK and Cooking Gas – December 2018

2.      N273.50bn Generated as VAT in Q3 2018 - NBS

3.      FAAC Disburses N698.71bn in October 2018 - NBS

4.      NBS Publishes 2017 Social Statistics Report

5.      All Region Terms of Trade Index Rose Marginally By 0.10% - NBS

6.      FAAC Disburses N788.14bn in November 2018 - NBS

7.      Average Price of 1kg of Tomato Increased By 2.79% YoY to N294.36 in November 2018 - NBS

8.     Average Intercity Fare Decreased By -1.54% MoM to N1790.14 in November 2018 - NBS

9.      Average Prices of PMS, AGO, HHK and Cooking Gas – November 2018

10.  Unemployment Rate Rises to 23.1% in Q3 2018 from 18.8% in Q3 2017

11.   Headline Inflation Increases By 11.28% YoY in November 2018; 0.02% Higher Than October 2018 Rate

12.  Total Value of Capital Imported Into Nigeria Stood At $2,855.21m in Q3 2018

13.  Nigeria’s Merchandise Trade Rose Significantly in Q3, 2018

14.  Nigeria’s GDP Grew By 1.81% YoY in Real Terms in Q3 2018 From 1.50% in Q2 2018

15.   An Average of 78,917MWh of Power Generated in Q3 2018 - NBS

16.  Banking Sector Records 5.29bn Volume of Transactions in Q3 2018 - NBS

17.   4.37bn Litres of PMS Imported into Nigeria in Q3 2018 - NBS

18.  States Generate N579.49bn as IGR in H1 2018 - NBS

19.  FAAC Disburses N741.84bn in September 2018 - NBS

20. Average Intercity Bus Fare Increased By 0.24% MoM - NBS

21.  Average Prices of PMS, AGO, HHK and Cooking Gas – October 2018

22. Headline Inflation Moderates To 11.26% (YoY) in October 2018; 2bps Lower Than September 2018

23. NBS Publishes 11 States Nominal GDP from 2013 to 2017

24. Average Price of 1kg of Yam Tuber Decreased by 4.3% MoM to N280.28 in September 2018 - NBS

25.  Average Airfare Paid by Passengers Increased by 0.15% MoM to N32,378.92 - NBS

26. Headline Inflation Increased by 11.28% in September 2018; 0.05 Higher Than August 2018 Rate

27.  Average Prices of PMS, AGO, HHK and Cooking Gas – September 2018

28. NBS Publishes 2016 Human Development Indices for UNDP Nigeria Human Development Report

 

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