FAAC Disburses N762.6bn in July 2019 - NBS

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Thursday, August 29, 2019  06:30 PM / NBS  

 

The Federation Account Allocation Committee (FAAC) disbursed the sum of N762.6bn to the three tiers of government in July 2019 from the revenue generated in June 2019. 

The amount disbursed comprised of N652.95bn from the Statutory Account, N108.63bn from Valued Added Tax (VAT) and N1.02bn exchange gain differences. 

Federal Government received a total of N309.43bn from the N762.60bn. States received a total of N201.16bn and Local Governments received N151.38bn. The sum of N38.70bn was shared among the oil producing states as 13% derivation fund. 

Revenue generating agencies such as Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Department of Petroleum Resources (DPR) received N4.90bn, N13.92bn and N4.10bn respectively as cost of revenue collections. 

Further breakdown of revenue allocation distribution to the Federal Government of Nigeria (FGN) revealed that the sum of N250.71bn was disbursed to the FGN consolidated revenue account; N5.58bn shared as share of derivation and ecology; N2.79bn as stabilization fund; N9.37bn for the development of natural resources; and N6.58  bn to the Federal Capital Territory (FCT) Abuja.

 

Click Here to Download July 2019 FAAC PDF Report

 

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Latest 2019 NBS Reports

 

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Q3 2019

1.       FAAC Disburses N679.7bn in June 2019 - NBS

2.      N311.94bn Generated As VAT in Q2 2019 - NBS

3.      Average Fare Paid By Commuters For Intercity Journey Increased By 0.76% MoM in July 2019

4.      Average Prices of 1kg of Tomato Decreased YoY By -39.74% to N203.55 in July 2019 - NBS

5.      Average Prices of PMS, AGO, HHK and Cooking Gas – July 2019

6.      Headline Inflation Increases By 11.08% YoY in July 2019; 0.14% Lower Than June 2019 Rate

7.      5.61bn Litres of PMS Imported into Nigeria in Q2 2019 - NBS

8.     Average Fare Paid For Bus Journey Inter City Increased By 0.17% MoM to N1,606.92 in June 2019 - NBS

9.      Average Price of 1kg of Tomatoes Decreased By -9.40% MoM to N226.07 in June 2019 - NBS

10.  Nigeria’s Total Public Debt Stood At N24.97trn in Q1 2019 - NBS

11.   Average Prices of PMS, AGO, HHK and Cooking Gas – June 2019

12.  Headline Inflation Increases By 11.22% YoY in June 2019; 0.18% Lower Than May 2019 Rate

13.  1.01m Passport Applications Received in 2018 - NBS

14.  FAAC Disburses N616.20bn in May 2019 - NBS

15.  Total Value of Capital Importation into Nigeria Stood at $8,485.49m in Q1 2019

 

Q2 2019

16.  All Commodity Group Export Price Index Rose By 1.85% In Q1 2019

17.   Average Price of 1kg of Rice Increased By 1.07% MoM to N361.39 in May 2019 - NBS

18.  Average Prices of PMS, AGO, HHK and Cooking Gas – May 2019

19.  Headline Inflation Increases By 11.40% YoY in May 2019; 0.03% Higher Than April 2019 Rate

20. 8.57m Workers Are Registered Under The Pension Scheme As At Q1 2019 - NBS

21.  Nigeria’s Merchandise Trade Grew Marginally By 2.50% QoQ in Q1 2019

22. Banking Sector Records 557.08m Volume of Transactions in Q1 2019 - NBS

23. 723,995 Passengers Travelled Via Rail in Q1 2019 - NBS

24. NBS Publishes Additional 11 States Nominal GDP From 2013 to 2017

25. N289.04bn Generated as VAT in Q1 2019 - NBS

26. 4.87bn Litres of PMS Imported in Q1 2019 - NBS

27.  FAAC Disburses N617.57bn in April 2019 - NBS

28. Average Price of 1kg of Tomato Increased by 7.05% MoM to N257.25 in April 2019 - NBS

29. Average Fare For Bus Journey Intercity Increased By 0.77% MoM to N1604.36 in April 2019 - NBS

30. Nigeria’s GDP Grew By 2.01% YoY In Real Terms In Q1 2019

31.  Headline Inflation Increases By 11.37% YoY in April 2019; 0.12% Higher Than March 2019 Rate

32. Average Prices of PMS, AGO, HHK and Cooking Gas – April 2019

33. N3.42m Students Enrolled in Public Senior Secondary School in 2017 - NBS

34. N324.59bn Generated as IGR in Q4 2018 - NBS

35. Akwa Ibom State Reports Highest Unemployment Rate of 37.7% in Q3 2018 - NBS

36. 316,365kg of Drug Seized in 2018 - NBS

37.  Average Price of 1kg of Tomato Decreased By 6.32% MoM to N240.29 in March 2019 - NBS

38. Average Fare Paid By Commuters Intercity Increased By 2.85% MoM to N1,592.07 in March 2019 - NBS

39. Headline Inflation Increases By 11.25% YoY in March 2019; 0.06% Lower Than February 2019 Rate

40. Average Prices of PMS, AGO, HHK and Cooking Gas – March 2019

41.  FAAC Disburses N619.86bn in March 2019

42. Domestic Passenger Traffic Grew By 23.19% YoY in 2018 - NBS

43. Lagos State Has The Highest Debt Profile in 2018 - NBS

44. 1.65m Applications Received By JAMB in 2018 - NBS

45. FAAC Disburses N660.37bn in February 2019

46. Nigeria Produced 55.81m Tonnes of Solid Minerals in 2018 - NBS

 

Q1 2019

47.  8.41m Workers Are Registered Under The Pension Scheme As At Q42018 - NBS

48. Average Price of 1kg of Yam Tuber Decreased By -2.24% MoM to N206.48 in February 2019 - NBS

49. All Region Terms of Trade Fell -2.78% Due to a Fall in the Prices of Goods Traded in Africa - NBS

50. Average Fare Paid By Commuters Within City Increased By 1.43% MoM to N177.57 in February 2019 - NBS

51.  Headline Inflation Increases By 11.31% YoY in February 2019; 0.06% Lower Than January 2019 Rate

52. Average Prices of PMS, AGO, HHK and Cooking Gas – February 2019

53. Active Voice Subscribers Grew By 6.66% in Q4 2018 - NBS

54. 2,532 Road Traffic Crashes Occurred in Q4 2018 - NBS

55.  Total Trade Declined By 5.1% QoQ in Q4 2018; Rose By 42.9% YoY

56. GDP By Income and Expenditure Approach Q1 and Q2 2018 - Household Final Consumption Grew by 0.78%

57.  1.67m Customers Metered As At Q4 2018 - NBS

58. N298.01bn Generated as VAT in Q4 2018 - NBS

59. Total Value of Credit Allocated By Banks Stood At N15.13trn As At Q4 2018 - NBS

60. Average Price of 1kg of Tomato Decreased By 2.39% YoY To N265.49 in January 2019 - NBS

61.  FAAC Disburses N649.19bn in January 2019

62. Average Intercity Bus Fare Decreased By -13.90% MoM To N1,541.38 in January 2019

63. Headline Inflation Increases By 11.37% YoY in January 2019; 0.07% Lower Than December 2018 Rate

64. Average Prices of PMS, AGO, HHK and Cooking Gas – January 2019

65. Total Value of Capital Importation into Nigeria Stood at $16,812.47m in 2018 – NBS

66. Nigeria’s GDP Grew By 2.38% YoY in Real Terms in Q4 2018 and 1.93% in Full Year

67.  828,502 Employees Employed By 1,110 Registered Private Guard Companies in 2018 - NBS

68. States Generate N264.38bn as IGR in Q3 2018 - NBS

69. NBS Publishes Drug Use in Nigeria 2018 Survey Report

70. FAAC Disburses N3.19trn To FG in 2018 - NBS

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

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

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

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

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

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

 

 

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