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EKITI STATE PUBLIC FINANCE STATISTICS 2017 - 2018

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This is the third in the series of Public Finance Statistics that is being published by Ekiti State Bureau of Statistics in recent time. The first edition covers year 2011-2014 while the second dwelled on financial activities for years 2015-2016. The focus of the current edition was years 2017-2018. This indicated that there has been unbroken record of the Public Finance Statistics for a period of eight years.
The current edition contains information on budget estimates, total revenue generated by category, internally generated revenue as well as recurrent and capital expenditure including sectoral analysis. The documents also focus particular attention on amount paid as gratuity and pension as well as debt profile (foreign and local loan) of the state for years 2016-2018.

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EKITI STATE PUBLIC FINANCE STATISTICS 2017 - 2018

  1. 1. EKITI STATE OF NIGERIA PUBLIC FINANCE STATISTICS 2017 - 2018
  2. 2. PUBLIC FINANCE STATISTICS, 2017-2018 2 FOREWORD This is the third in the series of Public Finance Statistics that is being published by Ekiti State Bureau of Statistics in recent time. The first edition covers year 2011-2014 while the second dwelled on financial activities for years 2015-2016. The focus of the current edition was years 2017-2018. This indicated that there has been unbroken record of the Public Finance Statistics for a period of eight years. The current edition contains information on budget estimates, total revenue generated by category, internally generated revenue as well as recurrent and capital expenditure including sectoral analysis. The documents also focus particular attention on amount paid as gratuity and pension as well as debt profile (foreign and local loan) of the state for years 2016-2018. It is the desire of our office to continue to expand the coast of this very important document which reveals resources available for implementing program and projects of government and how they are eventually allocated and utilised. We are indeed grateful to all MDAs that supplied the data required for this publication. They are: Ministry of Budget and Economic Planning, Ministry of Finance and Economic Development, Accountant General’s Office, State Auditor General’s Office, Internal Revenue Service and all MDAs. The encouragement of Hon Commissioner for Budget and Economic Planning, Mr. Femi Ajayi, the Secretary of the State Government, Mr. Biodun Oyebanji and Head of Service, Mr. Ayodeji Ajayi cannot go unacknowledged. I appreciate you all. More importantly, I wish to express our profound gratitude to His Excellency for his moral and financial support for the building of a virile statistical system which led to the completion of this document and many more System of Administrative Statistics and Survey- based publications. We welcome new ideas and constructive criticisms from our readers/data users to further improve on the quality of the document in our future editions. To God be all the glory. M.O. Oguntimehin Statistician General Ekiti State Bureau of Statistics Ado-Ekiti.
  3. 3. PUBLIC FINANCE STATISTICS, 2017-2018 3 TABLE OF CONTENTS STATE GOVERNMENT FINANCES S/N TITLE PAGE 1 SECTION ONE OVERALL ESTIMATED AND ACTUAL REVENUE TO THE STATE GOVERNMENT BY SOURCE, i Approved Revenue Estimate and Actual Receipts 2017-2018 6 ii Monthly Revenue Accrued to Ekiti State 2017 7 iii Monthly Revenue Accrued to Ekiti State 2018 9 2 SECTION TWO INTERNALLY GENERATED REVENUE BY STATE GOVERNMENT CLASSIFIED BY SOURCE i Estimated Monthly Internally Generated Revenue of Ekiti State by Items 2017 11-12 ii Actual Monthly Internally Generated Revenue of Ekiti State by Items 2017 13-14 iii Estimated Monthly Internally Generated Revenue of Ekiti State by Items 2018 15-16 iv Actual Monthly Internally Generated Revenue Of Ekiti State by Items 2018 17-18 vi Comparative analysis of Estimated and Actual Revenue Generated by BIR 2017- 2018 19-20 3 SECTION THREE SECTORAL ANALYSIS OF CAPITAL ESTIMATES. 2017- 2018 i Comparative analysis of Budgeted and Actual Capital Expenditure 21 ii Summary of Actual Capital Expenditure on Sectoral Basis 2017 – 2018 23 iii Details of Budgetary Allocation and Actual Expenditure to Administrative Sector 2017-2018 24 iv Details of Budgetary Allocation and Actual Expenditure to Economic Sector 2017-2018 26-27 v Details of Budgetary Allocation and Actual Expenditure to Law and Justice, Regional Sector 2017- 2018 28 vi Details of Budgetary Allocation and Actual Expenditure to Social Sector 2017-2018 29 4 SECTION FOUR OVERHEAD COSTS i Overhead Cost Classified By Sectors 2017-2018 30 5 SECTION FIVE GROSS SALARIES OF PUBLIC SERVANTS INCLUDING PENSION AND GRATUITIES i Gross Salaries of Public Servants in the Main Stream 2017 31 ii Gross Salaries of Public Servants inn the Main Stream 2018 33 iii Monthly Payment of Pensions. 2017-2018 35 6 SECTION SIX EKITI STATE DEBT PROFILE i Details of Foreign Loan by Ekiti State for the year end 2016 37 ii Status of Local Loan Outstanding as at December 2016 38 iii Details of Foreign Loan by Ekiti State for the year end 2017 39 iv Status of Local Loan Outstanding as at December 2017 40 v Details of Foreign Loan by Ekiti State for the Year End 2018 41 vi Status of Local Loan Outstanding as at December 2018 42
  4. 4. PUBLIC FINANCE STATISTICS, 2017-2018 4 OBSERVATION Table 1 covers the comparative analysis of approved estimates and actual revenue for the State in 2017 and 2018. From the record presented a total of N101.058 billion was budget out of which N82.873 billion was realised in 2017 indicating 82.87% performance. In 2018, a total sum of N98.998 billion was budgeted as revenue from all sources out of which N90.535 billion was realised representing 91.45% level of performance. In table 2 of this document, monthly earnings from some key sources of revenue were included. The areas of focus were Federal Allocation, other statutory receipt, VAT, excess crude oil and IGR. From the record, a total sum of N25.55 billion was allocated to the State on Federal Allocation while additional N9.095 billion was received under other statutory fund. VAT also accounted for N9.059 billion with N164.4 million collected under excess crude oil. Also in the year a sum of N11.902 billion was generated internally as revenue. It should also be observed that the higher revenue was generated in December, 2017 with a total sum of N7.93 billion realized. This was followed by the figure in July 2017 which was also as high as N7.69 billion. The least revenue was realised in the month of May which amounted to N3.23 billion only. Table 3 also presented the revenue as captured in table 2 but with the focus on year 2018. Out of a total of N66.37 recorded as revenue from the selected sources a total of N38.020 billion came from Federal Allocation, N6.009 billion and N10.215 billion from other statutory receipt and VAT respectively. An amount of N117.969 million was generated from excess crude oil while the internally generated revenue was N12.012 billion for the year. As it was the case in 2017, the largest amount was received in December, 2018 which amounted to N9.4 billion. This was followed by the amount available in the month of November for the year which stood at N6.28 billion. The least amount was realised in February, 2018 with a total amount of N4.62 billion, see the table and the graph that follow for details. Table 4 contains estimated, internal revenue of Ekiti State by sources specifically on taxes, fine and fees, licenses as well as earning sales in 2017. The estimated revenue from these sources were also disaggregated on monthly basis. The categorisation of the actual monthly internally generated revenue was also done like that of estimated internal revenue for taxes, fines and fees, licenses and earnings and sales on monthly basis. On the whole sum of N4.595 billion was budgeted to be realised from internally from the four categories highlights above in 2017 out of which about N4.331 billion was generated representing 94.25% performance. See tables 4 and 5 for more information.
  5. 5. PUBLIC FINANCE STATISTICS, 2017-2018 5 Similar records of estimates and actual internal revenue for 2017 were also captured for 2018 in tables 6 and 7. From the record, a total of N6.648 billion was estimated to be generated from the four categories listed earlier but a total N5.345 billion was eventually realised representing 80.40% performance. However, table 8 and 9 showed comparative analysis of the estimated and actual IGR for all sources of internal revenue including that of parastatals and other sources for years 2017 and 2018. While a total amount of N9.028 billion was budgeted as internal revenue in 2017, it was realised that as much as N11.902 billion was raised which indicated 131.83% performance level. However the target set for internally generated revenue was not met in 2018. Out of N12.597 billion estimated to be realised translating to 95.36% level of achievement. See the two tables for performance level of each of the internal revenue sources. Also in this document, comparative analysis of budgeted and Actual Capital Expenditure was done as contained in table 10. In 2017 the performance level was 45.47% on the average. The highest achievement was recorded on the economic sector with 53.13% level of performance. The performance was however abysonally low for all sectors captured in the capital budget. For instance, the economic sector that recorded the highest performance stood at only 30.1% while the total level of achievement of the capital expenditure in relation to the budgeted amount was 27.69% see the table for details. Specifically, out of N13.353 billion expended on capital project in 2017, as much as 80.54% was spent on economic sector. This was followed by that of social sector which accounted for only 8.81%. Also in 2018, a total amount of N11.966 billion was spent on capital budget. Economic sector singlehandedly accounted for 69.76% which was also followed by the social sector with 24.36% of the total expenses on capital projects, see tables 11 and 12 for detailed analysis. Further disaggregation of budgeted and actual expenses on capital projects categorised into Administrative, Economic, Law and Justice, Regional as well as social sector for each of the Ministries, Extra-Ministerial Departments and Agencies were done in tables 13 to 17. Reference to be made to the tables for detailed information. Just like it was done for capital projects, overhead costs were also categorised into five sectors viz Administrative services, Economic, Law and Justice, Regional and Social Sectors. Out of N2.995 billion estimated to be spent on overhead expenses, a total of about N2.230 billion was eventually spent in resulting into 74.46% level of performance. While 92.84% target was achieved on social sector, 76.64% level of achievement was recorded on administrative services sector and 62.82% on economic sector. The performance levels for Regional as well as Law and Justice were abysmally low being 39.69% and 16.79% respectively in 2017. In 2018, the percentage performance on overhead expenses was lower than that of 2017 being 69.85%, it should however be realised that the absolute figure of actual expenditure on overhead was higher in 2018 than 2017 being N2.52 billion and N2.23 billion respectively.
  6. 6. PUBLIC FINANCE STATISTICS, 2017-2018 6 The percentage of performance was also highest for Social sector where more than three hold of the amount budgeted was spent. The percentage performance for Administrative services and Economic sector where substantial amount was expended stood at 74.73% and 56.61% respectively. Those of Regional sector and Law and Justice were observed to be 48.51% and 4.20% respectively, see table 18. On the percentage distribution of expenses on overhead by sector in 2017as shown in table 19, it was observed that 74.35% of the total amount of about N2.23 billion went to Administrative sector, while 17.11% and 8.34% were expended on Economic and Social Sectors respectively. Regional, Law and Justice combined together accounted for just about 0.21% In 2018, 76.64 % of total overhead expenses of about N3.609 billion went into Administrative sector which was followed by Economic sector which accounted for 17.13%. Law and justice captured 5.41% of the expenses as regional and Social sector did not record up to 1% of the overall overhead expenditure, see table 19 for more information. Attention was also focused gross salaries of public servants, comprising of civil servants, political appointees and teachers in 2017 and 2018 as contained in tables 20 and 21. In 2017, civil servants salaries accounted for 50.36% of total emoluments of N17.67 billion while teachers gulped 45.37% and political appointees 4.27%. In like manner, civil servants personal emoluments covered 50.31% of the total gross salaries of N15.83 billion paid with teachers and political appointees accounting for 46.48% and 3.21% of the total sum respectively, see the tables for monthly breakdown. Also in the record the overall amount paid on pension increased from N4.52 billion in 2017 to N5.12 billion in 2018. In the two years, the highest amounts were paid in December being N738 million in 2017 and N1.21 billion in 2018 (Table 22). In table 23, the breakdown of foreign loans was done for year 2016. In summary, there was a total loan of $58.014 million out of which a total of $2.176 million was paid leaving a balance of $56.8767 million at the end of the year. On the part of the local loan, a sum of N7.341 billion was paid out of the total loan of N70.079 billion leaving a balance of N62.737 billion at the end of the year (Table 24) In 2017, the total foreign loan has risen to $78.053 million while that of local loan was N64.644 billion as at the end of the year (table 25 and 26). Also in 2018, the foreign loan has sky-rocketed to about $106.212 million as the local loan dropped from N64.644 billion in 2017 to N 58.067 billion in 2018, (Tables 27 and 28). The sources of the loans were clearly stated in tables 23 to 28 of this document.
  7. 7. PUBLIC FINANCE STATISTICS, 2017-2018 7 TABLE 1 APPROVED REVENUE ESTIMATES AND ACTUAL RECEIPTS IN EKITI STATE, 2017- 2018 S/N REVENUE ITEM 2017 2018 ESTIMATE ACTUAL % OF PERFORMANCE ESTIMATE ACTUAL % OF PERFORMANCE 1 STATUTORY ALLOCATION 31,000,000,000.00 25,352,826,448.06 81.78 36,566,274,422.32 38,019,908,660.69 103.98 2 OTHER STATUTORY RECEIPT (FAAC) 24,875,642,475.60 9,095,980,002.03 36.57 17,983,123,267.02 6,009,175,979.60 33.42 3 EXCESS CRUDE OIL PROCEEDS 1,500,000,000.00 164,439,699.58 10.96 2,000,000,000.00 117,968,648.01 5.90 4 VALUE ADDED TAX 10,000,000,000.00 9,059,086,275.64 90.59 11,000,000,000.00 10,214,624,926.44 92.86 5 TAX REVENUE 4,477,072,715.77 4,323,198,137.91 96.56 4,761,902,886.93 4,799,846,715.32 100.80 6 FINES & FEES 1,877,553,385.04 1,281,372,235.17 68.25 1,951,632,823.82 1,045,264,627.02 53.56 7 LICENCES 115,900,224.28 136,618,051.74 117.88 152,267,233.60 158,264,674.81 103.94 8 EARNINGS & SALES 173,013,804.73 97,454,535.29 56.33 170,266,612.78 65,996,569.75 38.76 9 RENT ON GOVERNMENT PROPERTY 32,688,963.12 39,610,757 121.17 23,483,809.67 113,825,905.04 484.70 10 DIVIDENDS 0.00 50,093,177.00 0.00 0.00 57,704,169.57 0.00 11 OTHERS (MISCELLANEOUS) 2,500,000.00 112,591,848.59 4503.67 2,588,501.30 1,297,547.98 50.13 12 POOL BETTING LOTTERIES 5,000,000.00 6,240,000 124.80 10,000,000.00 7,226,000.00 72.26 13 BANK INTEREST 0.00 0.00 0.00 0 0.00 0.00 14 LEGAL FEES 0 0.00 0.00 0 0.00 0.00 15 EXAMINATION FEES 0 0 0.00 0 0 0.00 16 PARASTATAL & TERTIARY INSTITUTION 4,432,961,710.30 5,854,675,302.06 132.07 5,949,128,966.25 5,706,954,648.18 95.93 17 ECOLOGICAL AND REFUND FROM FED.GOVT 0.00 0.00 0.00 0 0 0.00 18 OTHER SUNDRY RECEIPTS 1,000,000,000.00 841,325,223.37 84.13 4,283,694,816.87 246,722,381.81 5.76 19 AIDS & GRANTS 3,334,319,788.97 75,676,283.55 2.27 0 54,468,950.00 0.00 20 TRANSFER OF FUNDS 0.00 300,000,000.00 0.00 300,000,000.00 225,000,000.00 75.00 21 DOMESTIC LOAN 4,000,000,000.00 8,495,000,000.00 212.38 2,000,000,000.00 287,500,000.00 14.38 22 FOREIGN LOAN 8,231,168,206.94 4,008,926,117.57 48.70 4,844,179,121.66 9,709,551,141.08 200.44 23 OPENING BALANCE 6,000,000,000.00 13,578,026,761.94 226.30 7,000,000,000.00 13,693,453,227.50 195.62 TOTAL REVENUE 101,057,821,274.75 82,873,140,856.05 82.01 98,998,542,462.22 90,534,754,772.80 91.45 Source: Office of the Accountant General
  8. 8. PUBLIC FINANCE STATISTICS, 2017-2018 8 TABLE 2 REVENUE ACRUED TO EKITI STATE IN 2017 S/N MONTH FEDERAL ALLOCATION OTHER STATUTORY RECEIPT VAT EXCESS CRUDE IGR TOTAL 1 JANUARY 1,264,871,871.83 532,426,895.51 735,176,018.03 0.00 1,147,945,052.40 3,680,419,837.77 2 FEBRUARY 1,592,931,831.75 603,678,650.32 676,530,618.81 0.00 1,226,715,626.67 4,099,856,727.55 3 MARCH 1,406,239,239.23 557,754,725.74 659,226,431.11 0.00 1,233,046,877.79 3,856,267,273.87 4 APRIL 1,632,584,468.33 495,254,088.11 739,095,715.55 0.00 835,420,847.22 3,702,355,119.21 5 MAY 1,488,304,603.62 326,056,811.09 791,134,091.35 0.00 629,934,569.71 3,235,430,075.77 6 JUNE 1,766,236,256.99 462,155,641.50 745,893,552.08 0.00 613,765,546.21 3,588,050,996.78 7 JULY 3,287,636,167.23 2,911,430,356.67 774,962,894.23 0.00 720,412,009.30 7,694,441,427.43 8 AUGUST 2,170,106,735.91 0.00 757,897,032.25 0.00 915,116,323.93 3,843,120,092.09 9 SEPTEMBER 3,116,800,584.80 0.00 811,476,185.67 0.00 654,989,643.18 4,583,266,413.65 10 OCTOBER 2,368,663,936.58 289,846,260.78 767,824,981.74 0.00 853,143,420.48 4,279,478,599.58 11 NOVEMBER 2,289,729,208.57 5,946,215.64 840,006,740.55 164,439,699.58 1,776,913,992.53 5,077,035,856.87 12 DECEMBER 2,968,721,543.22 2,911,430,356.67 759,862,014.27 0.00 1,294,450,134.89 7,934,464,049.05 TOTAL 25,352,826,448.06 9,095,980,002.03 9,059,086,275.64 164,439,699.58 11,901,854,044.31 55,574,186,469.62 Source: Office of the Accountant General Note: The data excluded Ecological and refund fund from Federal Gov, Other sundry receipts, Aids and Grants, Transfer of Funds, Domestic/Foreign Loan and fund Transferred from the preceding year
  9. 9. PUBLIC FINANCE STATISTICS, 2017-2018 9 MONTHLY REVENUE IN #BILLION ACRUED TO EKITI STATE IN 2017 MONTH JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL (₦B) 3.68 4.09 3.85 3.7 3.23 3.58 7.69 3.84 4.58 4.27 5.07 7.93 3.68 4.09 3.85 3.7 3.23 3.58 7.69 3.84 4.58 4.27 5.07 7.93 0 0 1 2 3 4 5 6 7 8 9 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTALREVENUE(₦B) MONTH MONTHLY REVENUE ACRUED TO EKITI STATE IN 2017
  10. 10. PUBLIC FINANCE STATISTICS, 2017-2018 10 TABLE 3 REVENUE ACRUED TO EKITI STATE IN 2018 S/N MONTH FEDERAL ALLOCATION OTHER STATUTORY RECEIPT VAT EXCESS CRUDE IGR TOTAL 1 JANUARY 3,008,113,895.91 180,864,355.83 780,612,659.12 0 1,025,919,837.40 4,995,510,748.26 2 FEBRUARY 2,982,343,536.80 0 895,736,065.14 0 743,543,820.49 4,621,623,422.43 3 MARCH 3,080,601,671.59 4,123,583.57 836,737,857.64 0 946,354,701.93 4,867,817,814.73 4 APRIL 2,659,739,164.73 742,738,808.50 779,829,230.07 0 844,583,029.01 5,026,890,232.31 5 MAY 3,304,634,280.25 64,410,000.44 808,362,251.09 0 1,026,267,703.43 5,203,674,235.21 6 JUNE 3,214,407,061.54 0 895,997,734.04 0 1,505,078,953.03 5,615,483,748.61 7 JULY 3,344,933,721.11 181,459,733.47 818,538,881.08 0 558,038,023.44 4,902,970,359.10 8 AUGUST 3,227,016,613.58 202,959,047.21 744,109,070.31 0 817,942,086.71 4,992,026,817.81 9 SEPTEMBER 3,287,590,081.08 898,372.70 1,084,058,311.41 0 944,690,493.22 5,317,237,258.41 10 OCTOBER 3,149,611,388.07 303,328,780.86 751,795,229.83 117,968,648.01 734,714,598.11 5,057,418,644.88 11 NOVEMBER 3,401,289,232.55 4,444,980.74 974,942,623.58 0 1,905,864,865.41 6,286,541,702.28 12 DECEMBER 3,359,628,013.48 4,323,948,316.28 843,905,013.13 0 959,156,708.67 9,486,638,051.56 TOTAL 38,019,908,660.69 6,009,175,979.60 10,214,624,926.44 117,968,648.01 12,012,154,820.85 66,373,833,035.59 Source: Office of the Accountant General
  11. 11. PUBLIC FINANCE STATISTICS, 2017-2018 11 MONTHLY REVENUE ACRUED TO EKITI STATE IN 2018 MONTH JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL (₦B) 4.99 4.62 4.86 5.02 5.2 5.61 4.9 4.99 5.31 5.05 6.28 9.4 4.99 4.62 4.86 5.02 5.2 5.61 4.9 4.99 5.31 5.05 6.28 9.4 0 1 2 3 4 5 6 7 8 9 10 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTALREVENUE(₦B) MONTH MONTHLY REVENUE ACRUED TO EKITI STATE IN 2018
  12. 12. PUBLIC FINANCE STATISTICS, 2017-2018 12 TABLE 4 ESTIMATED MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2017 S/N ITEM MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE TAXES 1 PAY AS YOU EARN 307,947,398.11 307,947,398.11 307,947,398.11 307,947,398.11 307,947,398.11 307,947,398.11 2 DIRECT ASSESSMENT 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.66 3 DEVELOPMENT LEVY 9,184,751.00 9,184,751.00 9,184,751.00 9,184,751.00 9,184,751.00 9,184,751.01 4 TAX CEREMONY 5 CAPITAL GAINS TAX 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 26,778,077.19 26,778,077.19 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 8 OTHER TAXES FINE AND FEES 1 STAMP DUTIES 1,666,666.67 1,666,666.66 1,666,666.66 1,666,666.66 1,666,666.67 1,666,666.67 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 416,666.66 416,666.66 416,666.66 416,666.66 416,666.67 416,666.67 5 OTHER FINES & TAXES LICENSES 1 DRIVERS LICENSES FEES 416,666.66 416,666.66 416,666.66 416,666.66 416,666.67 416,666.67 2 MOTOR VEHICLE LICENSES FEES 3 NEW IDENTIFICATION MARK 6,250,000.00 6,250,000.00 6,250,000.00 6,250,000.00 6,250,000.00 6,250,000.00 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 666,666.66 666,666.66 666,666.66 666,666.66 666,666.66 666,666.66 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 416,666.66 416,666.66 416,666.66 416,666.66 416,666.67 416,666.67 5 OTHER EARNINGS AND SALES GRAND TOTAL 382,922,726.27 382,922,726.26 382,922,726.27 382,922,726.27 382,922,726.31 382,922,726.32
  13. 13. PUBLIC FINANCE STATISTICS, 2017-2018 13 TABLE 4 CONTD. ESTIMATED MONTHLY INTERNAL REVENUE OF EKITI STATE BY REVENUE ITEMS, 2017 S/N ITEM MONTH JULY AUG SEPT OCT NOV DEC TOTAL TAXES 1 PAY AS YOU EARN 307,947,398.11 307,947,398.11 307,947,398.11 307,947,398.11 307,947,398.11 307,947,398.12 3,695,368,778.33 2 DIRECT ASSESSMENT 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.67 350,000,001.93 3 DEVELOPMENT LEVY 9,184,751.01 9,184,751.01 9,184,751.01 9,184,751.01 9,184,751.01 9,184,751.01 110,217,015.07 4 TAX CEREMONY 5 CAPITAL GAINS TAX 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 150,005.00 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 321,336,933.38 8 OTHER TAXES FINE AND FEES 1 STAMP DUTIES 1,666,666.67 1,666,666.67 1,666,666.67 1,666,666.67 1,666,666.67 1,666,666.67 20,000,001.01 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 5,000,004.00 5 OTHER FINES & TAXES LICENSES 1 DRIVERS LICENSES FEES 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 5,000,001.00 2 MOTOR VEHICLE LICENSES FEES 3 NEW IDENTIFICATION MARK 6,250,000.00 6,250,000.00 6,250,000.00 6,250,000.00 6,250,000.00 6,250,000.00 75,000,003.00 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 666,666.66 666,666.66 666,666.66 666,666.66 666,666.66 666,666.66 8,000,001.92 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 5,000,004.00 5 OTHER EARNINGS AND SALES GRAND TOTAL 382,922,726.32 382,922,726.32 382,922,726.32 382,922,726.32 382,922,726.32 382,922,726.34 4,595,072,715.64 Source: Internal Revenue Service
  14. 14. PUBLIC FINANCE STATISTICS, 2017-2018 14 TABLE 5 ACTUAL MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2017 S/N ITEM MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE TAXES 1 PAY AS YOU EARN 284,613,230.58 135,948,174.91 359,089,674.49 232,853,433.37 235,162,619.72 183,683,463.03 2 DIRECT ASSESSMENT 13,766,140.00 17,023,595.01 17,226,723.78 9,436,827.78 17,487,250.00 11,073,078.93 3 DEVELOPMENT LEVY 2,729,735.21 1,469,107.00 5,595,673.53 1,000,768.40 1,705,125.00 880,219.10 4 TAX CEREMONY 5 CAPITAL GAINS TAX 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 23,794,767.51 30,305,167.29 159,894,660.69 163,990,736.84 15,383,706.73 41,030,538.11 8 OTHER TAXES 6,196,684.35 10,362,361.64 1,688,329.65 90,000.00 250,000.00 FINE AND FEES 1 STAMP DUTIES 625,516.20 2,294,105.43 3,404,530.60 10,471,857.93 2,285,174.11 686,251.54 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 60,000.00 210,000.00 60,100.00 5 OTHER FINES & TAXES 984,000.00 874,000.00 1,202,000.00 317,000.00 2,889,000.00 662,000.00 LICENSES 1 DRIVERS LICENSES FEES 2,641,346.00 1,950,850.00 1,670,750.00 3,618,725.74 2 MOTOR VEHICLE LICENSES FEES 3 NEW IDENTIFICATION MARK 7,387,250.00 7,247,050.00 6,944,250.00 5,529,650.00 5,675,900.00 4,726,400.00 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 1,000,000.00 1,300,000.00 500,000.00 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 1,516,000.00 856,000.00 406,000.00 292,000.00 730,000.00 660,000.00 5 OTHER EARNINGS AND SALES GRAND TOTAL 345,254,669.85 209,690,411.28 556,144,263.09 425,580,603.97 285,027,501.30 243,712,050.71
  15. 15. PUBLIC FINANCE STATISTICS, 2017-2018 15 TABLE 5 CONTD. ACTUAL MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2017 S/N ITEM MONTH JULY AUG SEPT OCT NOV DEC TOTAL TAXES 1 PAY AS YOU EARN 327,137,716.94 491,535,666.56 194,416,124.34 327,267,560.11 265,144,378.66 266,430,323.43 3,303,282,367.14 2 DIRECT ASSESSMENT 12,072,450.00 15,466,754.22 9,147,209.52 25,902,390.00 10,235,734.00 14,379,808.23 173,217,963.47 3 DEVELOPMENT LEVY 1,112,700.00 957,741.00 571,451.00 5,094,500.00 2,183,951.00 820,053.26 24,121,027.50 4 TAX CEREMONY 5 CAPITAL GAINS TAX 20,000.00 20,005.00 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 22,875,337.66 18,352,795.54 27,304,596.32 40,381,843.76 22,177,025.11 40,089,216.34 605,580,398.90 8 OTHER TAXES 39,100,000.00 2,470,386.23 560,559.68 1,035,106.69 5,624,889.43 67,378,325.67 FINES AND FEES 1 STAMP DUTIES 742,603.23 3,117,200.00 1,155,972.91 1,569,050.00 1,072,602.50 1,324,195.65 28,749,061.10 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 60,000.00 2,640,000.00 3,030,104.00 5 OTHER FINES & TAXES (SIGNAGE) 177,000.00 1,493,000.00 172,000.00 1,265,000.00 994,515.00 255,030.00 11,284,550.00 LICENCES 1 DRIVERS LICENSES FEES 3,746,250.00 2,522,650.00 4,616,850.00 20,767,422.74 2 MOTOR VEHICLE LICENSES FEES 3 NEW IDENTIFICATION MARK 5,624,100.00 8,799,100.00 8,611,650.00 5,902,300.00 9,290,500.00 6,412,700.00 82,150,853.00 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNINGS AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 2,050,000.00 4,850,002.00 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 802,000.00 116,000.00 132,000.00 284,000.00 322,000.00 124,000.00 6,240,004.00 OTHER EARNINGS AND SALES GRAND TOTAL 413,410,157.83 544,831,293.55 241,511,004.09 412,904,053.55 315,095,812.96 337,510,216.34 4,330,672,038.52
  16. 16. PUBLIC FINANCE STATISTICS, 2017-2018 16 TABLE 6 ESTIMATED MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2018 S/N ITEM MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE TAXES 1 PAY AS YOU EARN 315,016,579.04 315,016,579.04 315,016,579.04 315,016,579.04 315,016,579.04 315,016,579.04 2 DIRECT ASSESSMENT 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.66 29,166,666.67 29,166,666.67 3 DEVELOPMENT LEVY 9,184,751.00 9,184,751.00 9,184,751.00 9,184,751.00 9,184,751.00 9,184,751.01 4 TAX AUDIT 5,257,255.60 5,257,255.60 5,257,255.60 5,257,255.60 5,257,255.61 5,257,255.61 5 CAPITAL GAINS TAX 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 26,778,077.19 26,778,077.19 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 8 OTHER TAXES FINE AND FEES 1 STAMP DUTIES 1,666,666.66 1,666,666.66 1,666,666.66 1,666,666.66 1,666,666.67 1,666,666.67 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 416,666.66 416,666.66 416,666.66 416,666.66 416,666.67 416,666.67 5 OTHER FINES & TAXES 1,573,952.64 1,573,952.64 1,573,952.64 1,573,952.64 1,573,952.64 1,573,952.64 LICENSES 1 DRIVERS LICENSES FEES 416,666.66 416,666.66 416,666.66 416,666.66 416,666.67 416,666.67 2 MOTOR VEHICLE LICENSES FEES 10,416,666.66 10,416,666.66 10,416,666.66 10,416,666.66 10,416,666.67 10,416,666.67 3 NEW IDENTIFICATION MARK 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 666,666.66 666,666.66 666,666.66 666,666.66 666,666.67 666,666.67 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 833,333.33 833,333.33 833,333.33 833,333.33 833,333.33 833,333.33 5 OTHER EARNINGS AND SALES 152,594,521.58 152,594,521.58 152,594,521.58 152,594,521.58 152,594,521.59 152,594,521.59 GRAND TOTAL 554,000,970.34 554,000,970.34 554,000,970.35 554,000,970.35 554,000,970.43 554,000,970.44
  17. 17. PUBLIC FINANCE STATISTICS, 2017-2018 17 TABLE 6 CONTD. ESTIMATED MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2018 S/N ITEM MONTH JULY AUG SEPT OCT NOV DEC TOTAL TAXES 1 PAY AS YOU EARN 315,016,579.04 315,016,579.04 315,016,579.04 315,016,579.04 315,016,579.04 315,016,579.04 3,780,198,949.48 2 DIRECT ASSESSMENT 29,166,666.67 29,166,666.67 29,166,666.67 29,166,666.67 29,166,666.67 29,166,666.67 350,000,002.00 3 DEVELOPMENT LEVY 9,184,751.01 9,184,751.01 9,184,751.01 9,184,751.01 9,184,751.01 9,184,751.01 110,217,015.07 4 TAX AUDIT 5,257,255.61 5,257,255.61 5,257,255.61 5,257,255.61 5,257,255.61 5,257,255.61 63,087,071.28 5 CAPITAL GAINS TAX 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 12,500.00 150,005.00 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 26,778,077.20 321,336,933.38 OTHER TAXES FINES AND FEES 1 STAMP DUTIES 1,666,666.67 1,666,666.67 1,666,666.67 1,666,666.67 1,666,666.67 1,666,666.67 20,000,001.00 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 5,000,004.00 5 OTHER FINES & TAXES 1,573,952.64 1,573,952.64 1,573,952.64 1,573,952.64 1,573,952.65 1,573,952.65 18,887,436.70 LICENCES 1 DRIVERS LICENSES FEES 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 416,666.67 5,000,001.00 2 MOTOR VEHICLE LICENSES FEES 10,416,666.67 10,416,666.67 10,416,666.67 10,416,666.67 10,416,666.67 10,416,666.67 125,000,002.00 3 NEW IDENTIFICATION MARK 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNINGS AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 666,666.67 666,666.67 666,666.67 666,666.67 666,666.67 666,666.67 8,000,002.00 3 INTEREST DIVIDENDS 3.00 4 POOLS BETTING LOTTERIES 833,333.33 833,333.33 833,333.34 833,333.34 833,333.34 833,333.34 10,000,004.00 5 OTHER EARNINGS AND SALES 152,594,521.59 152,594,521.59 152,594,521.59 152,594,521.59 152,594,521.59 152,594,521.59 1,831,134,264.04 GRAND TOTAL 554,000,970.44 554,000,970.44 554,000,970.45 554,000,970.45 554,000,970.46 554,000,970.46 6,648,011,644.95
  18. 18. PUBLIC FINANCE STATISTICS, 2017-2018 18 TABLE 7 ACTUAL MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2018 S/N ITEM MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE TAXES 1 PAY AS YOU EARN 449,283,564.55 328,427,958.66 413,040,897.46 298,084,373.70 268,834,028.84 331,058,315.88 2 DIRECT ASSESSMENT 14,553,000.00 14,943,398.03 22,113,500.00 24,444,695.00 11,882,500.00 9,234,820.00 3 DEVELOPMENT LEVY 2,205,881.49 1,403,500.00 6,140,810.00 1,158,850.00 1,032,063.79 3,019,619.01 4 TAX AUDIT 100,000.00 4,503,105.89 11,437,108.17 53,250,796.32 8,659,110.00 5 CAPITAL GAINS TAX 166,803.80 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 24,402,020.33 10,891,217.04 16,891,077.71 25,818,383.73 27,934,552.23 21,612,095.16 8 OTHER TAXES FINE AND FEES 1 STAMP DUTIES 993,554.33 1,721,600.00 742,972.86 1,349,070.38 1,036,000.00 508,000.00 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 12,150.00 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 80,000.00 1,220,000.00 5 OTHER FINES & TAXES 12,120.00 203,640.00 191,240.00 LICENSES 1 DRIVERS LICENSES FEES 6,672,764.31 2,837,530.00 6,918,390.50 2,049,400.00 2 MOTOR VEHICLE LICENSES FEES 7,930,500.00 7,818,300.00 7,362,900.00 6,687,500.00 7,747,250.00 6,234,350.00 3 NEW IDENTIFICATION MARK 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 2,000,000.00 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 2,830,000.00 928,000.00 144,000.00 1,226,000.00 160,000.00 120,000.00 5 OTHER EARNINGS AND SALES 48,731,918.36 44,380,210.54 45,669,849.17 43,031,469.20 52,682,656.06 26,182,115.37 GRAND TOTAL 557,715,323.37 418,070,610.16 525,814,355.37 409,938,732.51 424,726,651.04 408,677,825.42
  19. 19. PUBLIC FINANCE STATISTICS, 2017-2018 19 TABLE 7 CONTD. ACTUAL MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2018 S/N ITEM MONTH JULY AUG SEPT OCT NOV DEC TOTAL TAXES 1 PAY AS YOU EARN 139,566,042.02 342,721,474.32 453,532,765.28 279,259,092.31 493,429,699.75 351,957,212.92 4,149,195,426.69 2 DIRECT ASSESSMENT 4,786,480.00 10,037,227.00 13,333,580.94 13,234,773.00 18,978,972.00 6,040,080.00 163,583,027.97 3 DEVELOPMENT LEVY 338,350.00 1,727,882.47 1,302,279.24 568,631.58 2,443,706.62 600,348.54 21,941,925.74 4 TAX AUDIT 1,632,794.48 79,582,918.86 5 CAPITAL GAINS TAX 166,808.80 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 32,237,365.90 13,286,215.86 25,703,585.82 33,401,771.10 11,668,443.63 17,981,082.27 261,827,817.78 OTHER TAXES FINE AND FEES 1 STAMP DUTIES 738,950.00 2,203,761.85 2,156,604.30 2,713,931.90 1,242,170.00 1,507,050.00 16,913,666.62 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 12,152.00 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 450,000.00 1,750,004.00 5 OTHER FINES & TAXES 284,000.00 210,000.00 901,005.00 LICENSES 1 DRIVERS LICENSES FEES 5,992,800.00 5,390,400.00 2,698,250.00 5,302,050.00 37,861,585.81 2 MOTOR VEHICLE LICENSES FEES 1,946,300.00 8,502,850.00 6,907,650.00 9,615,900.00 7,451,950.00 7,909,450.00 86,114,902.00 3 NEW IDENTIFICATION MARK 4 PROOF OF OWNERSHIP 5 OTHER LICENSES EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 500,000.00 2,500,002.00 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 1,206,000.00 112,000.00 52,000.00 84,000.00 64,000.00 340,000.00 7,266,004.00 5 OTHER EARNINGS AND SALES 29,481,567.59 37,824,576.13 85,620,697.03 39,671,424.84 30,794,235.10 31,500,827.13 515,571,551.52 GRAND TOTAL 216,293,855.51 416,415,988.09 593,999,562.61 382,880,569.21 566,807,177.10 423,848,100.86 5,345,188,751.25
  20. 20. PUBLIC FINANCE STATISTICS, 2017-2018 20 TABLE 8 COMPARATIVE ANALYSIS OF ESTIMATED AND ACTUAL REVENUE GENERATED BY BOARD OF INTERNAL REVENUE, 2017 S/N ITEM ESTIMATED IGR ACTUAL IGR % OF REVENUE PERFORMANCE A TAXES 1 PAY AS YOU EARN 3,695,368,778.33 3,303,282,367.14 89.39 2 DIRECT ASSESSMENT 350,000,000.93 173,217,963.47 49.49 3 DEVELOPMENT LEVY 110,217,015.07 24,121,027.50 21.89 4 TAX AUDIT 5 CAPITAL GAINS TAX 150,005.00 20,000.00 13.33 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 321,336,933.38 605,580,398.90 188.46 8 OTHER TAXES 67,378,325.67 B FINE AND FEES 1 STAMP DUTIES 20,000,001.01 28,749,061.00 143.75 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 5,000,004 3,030,104.00 60.60 5 OTHER FINES & TAXES 11,284,550.00 C LICENSES 1 DRIVERS LICENSES FEES 5,000,001.00 20,767,422.70 415.35 2 MOTOR VEHICLE LICENSES FEES 3 NEW IDENTIFICATION MARK 75,000,003.00 82,150,853.00 109.53 4 PROOF OF OWNERSHIP 5 OTHER LICENSES D EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 8,000,001.92 4,850,002.00 60.63 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 5,000,000 6,240,004.00 124.80 5 OTHER EARNINGS AND SALES E REVENUE FROM PARASTATALS 4,432,961,710.30 5,854,675,302.06 132.07 F OTHERS 1,716,506,662.87 TOTAL 9,028,034,453.94 11,901,854,044.31 131.83
  21. 21. PUBLIC FINANCE STATISTICS, 2017-2018 21 TABLE 9 COMPARATIVE ANALYSIS OF ESTIMATED AND ACTUAL REVENUE GENERATED BY BOARD OF INTERNAL REVENUE, 2018 S/N ITEM ESTIMATED IGR ACTUAL IGR % OF REVENUE PERFORMANCE A TAXES 1 PAY AS YOU EARN 3,780,198,949.48 4,149,195,426.69 109.76 2 DIRECT ASSESSMENT 350,000,002.00 163,583,027.97 46.74 3 DEVELOPMENT LEVY 110,217,015.07 21,941,925.74 19.91 4 TAX AUDIT 63,087,071.28 79,582,918.86 126.15 5 CAPITAL GAINS TAX 150,005.00 166,808.80 111.20 6 ENTERTAINMENT TAX 7 WITHHOLDING TAX 321,336,933.38 261,827,817.78 81.48 8 OTHER TAXES B FINE AND FEES 1 STAMP DUTIES 20,000,000.00 16,913,666.62 84.57 2 LEVIES ON TIPPERS, TANKERS AND LORRIES 12,150.00 3 ROADS TRAFFIC EXAMINATION FEES 4 CONTACT DEC./TENDER FEES 5,000,000.00 1,750,000.00 35.00 5 OTHER FINES & TAXES 18,887,436.70 901,000.00 4.77 C LICENSES 1 DRIVERS LICENSES FEES 5,000,000.00 37,861,585.81 757.23 2 MOTOR VEHICLE LICENSES FEES 125,000,000.00 86,114,900.00 68.89 3 NEW IDENTIFICATION MARK 4 PROOF OF OWNERSHIP 5 OTHER LICENSES D EARNING AND SALES 1 VEHICLE REG. BOOKLET(LOG BOOK, SALES OF DRIVERS BADGE 2 SALES OF M/G/VS STICKERS/OTHER 8,000,000 2,500,000.00 31.25 3 INTEREST DIVIDENDS 4 POOLS BETTING LOTTERIES 10,000,000.00 7,266,000.00 72.66 5 OTHER EARNINGS AND SALES 1,831,134,264.04 515,571,551.50 28.16 E REVENUE FROM PARASTATALS 5,949,128,966.25 5,706,954,648.18 95.93 F OTHERS 960,011,392.90 TOTAL 12,597,140,643.20 12,012,154,820.85 95.36
  22. 22. PUBLIC FINANCE STATISTICS, 2017-2018 22 TABLE 10 COMPARATIVE ANALYSIS OF BUDGETTED AND ACTUAL CAPITAL EXPENDITURE BY SECTOR IN EKITI STATE S/N SECTOR 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 1 ADMINISTRATIVE 3,588,482,098.81 1,069,777,137.29 29.81 3,704,418,345.01 702,532,362.81 18.96 2 ECONOMIC 20,242,956,558.55 10,754,936,666.68 53.13 27,736,957,430.09 8,348,137,947.10 30.10 3 LAW AND JUSTICE 217,949,393.46 0 461,865,229.22 0 4 REGIONAL 351,624,183.71 369,500,000.00 0 5 SOCIAL 5,315,632,818.35 1,176,968,743.77 22.14 10,937,821,150.11 2,915,468,066.70 26.65 TOTAL 29,365,020,869.17 13,353,306,731.45 45.47 43,210,562,154.43 11,966,138,376.61 27.69
  23. 23. PUBLIC FINANCE STATISTICS, 2017-2018 23 TABLE 11 SUMMARY OF ACTUAL CAPITAL EXPENDITURE ON SECTORAL BASIS IN EKITI STATE, 2017 - 2018 S/N SECTOR 2017 2018 ACTUAL % DISTRIBUTION ACTUAL % DISTRIBUTION 1 ADMINISTRATIVE 1,069,777,137.29 8.01 702,532,362.81 5.87 2 ECONOMIC 10,754,936,666.68 80.54 8,348,137,947.10 69.76 3 LAW AND JUSTICE 0.00 0.00 4 REGIONAL 351,624,183.71 2.63 0.00 5 SOCIAL 1,176,968,743.77 8.81 2,915,468,066.70 24.36 TOTAL 13,353,306,731.45 100.00 11,966,138,376.61 100.00 Source: Office of the Accountant General
  24. 24. PUBLIC FINANCE STATISTICS, 2017-2018 24 TABLE 12 SUMMARY OF ACTUAL CAPITAL EXPENDITURE ON SECTORAL BASIS IN EKITI STATE, 2017 - 2018 ADMINISTRATIVE ECONOMIC REGIONAL SOCIAL TOTAL ACTUAL 2017 1,069,777,137.29 10,754,936,666.68 351,624,183.71 1,176,968,743.77 13,353,306,731.45 ACTUAL 2018 702,532,362.81 8,348,137,947.10 0 2,915,468,066.70 11,966,138,376.61 0.00 2,000,000,000.00 4,000,000,000.00 6,000,000,000.00 8,000,000,000.00 10,000,000,000.00 12,000,000,000.00 14,000,000,000.00 ADMINISTRATIVE ECONOMIC REGIONAL SOCIAL TOTAL ACTUAL CAPITAL EXPENDITURE ON SECTORAL BASIS IN EKITI STATE, 2017 - 2018 ACTUAL 2017 ACTUAL 2018
  25. 25. PUBLIC FINANCE STATISTICS, 2017-2018 25 TABLE 13 DETAILS OF BUDGETARY ALLOCATION AND ACTUAL EXPENDITURE TO ADMINISTRATIVE SECTOR IN EKITI STATE, 2017 – 2018 S/N ADMINISTRATIVE (GOVERNANCE) SECTOR COMPONENTS 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 1 GOVERNOR OFFICE (GAD) 1,732,157,098.81 640,547,829.29 36.98 1,254,500,000.00 166,172,940.36 13.25 2 OFFICE OF THE DEPUTY GOVERNOR 15,000,000.00 0.00 30,000,000.00 0.00 3 EKITI STATE BOUNDARY COMMISSION 26,000,000.00 0.00 5,000,000.00 0.00 4 STATE EMERGENCY MANAGEMENT AGENCY (SEMA) 12,500,000.00 0.00 15,000,000.00 0.00 5 BUREAU OF PUBLIC PROCUREMENT 11,000,000.00 0.00 11,000,000.00 2,000,000.00 18.18 6 OFFICE OF THE SECRETARY TO THE STATE GOVERNMENT 3,000,000.00 0.00 5,000,000.00 0.00 7 POLITICAL AND INTER-PARTY RELATION DEPARTMENT 2,500,000.00 0.00 10,000,000.00 0.00 8 POLITICAL AND ECONOMIC AFFAIRS DEPARTMENT (P&E) 0.00 300,000,000.00 168,965,517.96 56.32 9 EKITI STATE STOMACH INFRASTRUCTURE AGENCY 100,000,000.00 0.00 0 10 LIAISON OFFICE, ABUJA 25,000,000.00 50,000,000.00 0.00 11 BUREAU OF PUBLIC SERVICE REFORM 8,725,000.00 0.00 12 BUREAU OF TRANSFORMATION AND STRATEGY 3,000,000.00 0.00 3,000,000.00 0.00 13 EKITI STATE PENSION COMMISSION/BOARD 50,000,000.00 0.00 100,000,000.00 0.00 `14 PENSION TRANSITION ARRANGEMENT DEPARTMENT 0.00 43,000,000.00 0.00 15 MUSLIM PILGRIMS WELFARE BOARD 500,000.00 0.00 2,500,000.00 0.00 16 CHRISTIAN PILGRIMS WELFARE BOARD 2,500,000.00 0.00 5,000,000.00 0.00 17 GOVERNMENT HOUSE AND PROTOCOL 236,000,000.00 132,635,608.00 56.20 472,000,000.00 319,393,904.49 67.67 18 CABINET AND SPECIAL SERVICE DEPARTMENT 252,500,000.00 0.00 315,000,000.00 0.00 19 INTEGRATION & INTER-GOVERNMENTAL AFFAIRS 3,500,000.00 0.00 10,000,000.00 0.00 20 HOUSE OF ASSEMBLY 280,000,000.00 2,600,000.00 0.93 70,000,000.00 0.00 21 HOUSE OF ASSEMBLY SERVICE COMMISSION 23,500,000.00 0.00 55,000,000.00 0.00 22 MINISTRY OF INFORMATION, YOUTH AND SPORT S DEVELOPMENT 295,500,000.00 60,400,000.00 20.44 252,099,595.01 0.00 23 BROADCASTING SERVICE OF EKITI STATE 35,750,000.00 0.00 143,318,750.00 0.00 24 GOVERNMENT PRINTING PRESS 5,250,000.00 0.00 25 OFFICE OF THE HEAD OF SERVICE 5,000,000.00 0.00 5,000,000.00 0.00 26 OFFICE OF THE ESTABLISHMENT AND TRAINING 56,500,000.00 0.00 300,000,000.00 0.00 27 STATE AUDITOR GENERAL OFFICE 10,000,000.00 3,541,700.00 35.42 18,000,000.00 0.00 28 OFFICE OF AUDITOR-GENERAL FOR LOCAL GOVERNMENT 15,000,000.00 0.00 15,000,000.00 0.00 29 CIVIL SERVICE COMMISSION 7,500,000.00 0.00 15,000,000.00 0.00 30 STATE INDEPENDENT ELECTORAL COMMISSION 394,000,000.00 230,052,000.00 58.39 200,000,000.00 46,000,000.00 23.00 TOTAL 3,611,882,098.81 1,069,777,137.29 29.62 3,704,418,345.01 702,532,362.81 18.96
  26. 26. PUBLIC FINANCE STATISTICS, 2017-2018 26 TABLE 14 DETAILS OF BUDGETARY ALLOCATION AND ACTUAL EXPENDITURE TO ECONOMIC SECTOR IN EKITI STATE, 2017 -2018 S/N ECONOMIC SECTOR 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 1 MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT 189,000,000.00 8,713,600.00 4.61 453,837,816.87 0.00 2 MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT (EXTERNAL FINANCE) 0.00 3,000,000.00 0.00 3 DIRECTORATE OF FARM SETTLEMENT AND PEASANT FARMER DEVELOPMENT 43,966,207.80 0.00 109,327,877.45 0.00 4 SCHOOL OF AGRICULTURE AND ENTERPRISE 10,000,000.00 0.00 21,000,000.00 0.00 5 AGRICULTURAL DEVELOPMENT PROJECT 41,150,000.00 0.00 102,471,605.50 0.00 6 FADAMA PROJECT 16,000,000.00 227,850,000.00 1,424.06 40,680,140.00 0.00 7 FADAMA PROJECT (EXTERNAL FINANCE) 450,000,000.00 0.00 8 FORESTRY DEPARTMENT 15,000,000.00 0.00 5,000,000.00 0.00 9 FOUNTAIN AGRIC MARKETING AGENCY 5,600,000.00 0.00 13,983,798.27 0.00 10 MINISTRY OF FINANCE AND ECONOMIC DEVELOPMENT 100,000,000.00 0.00 200,000,000.00 0.00 11 CENTRAL INTERNAL AUDIT OFFICE 3,000,000.00 0.00 6,000,000.00 0.00 12 OFFICE OF THE ACCOUNTANT GENERAL 200,000,000.00 36,314,276.05 18.16 350,000,000.00 97,058,805.19 27.73 13 INTERNAL REVENUE SERVICE 27,500,000.00 0.00 55,000,000.00 0.00 14 MINISTRY OF COMMERCE ,INDUSTRY AND COOPERATIVES 125,850,000.00 0.00 319,084,851.63 0.00 15 EKITI STATE ENTERPRISE DEVELOPMENT AGENCY 6,600,000.00 0.00 16,526,307.05 0.00 16 MULTI PURPOSE CREDIT AGENCY 4,633,745.88 0.00 16,526,307.99 0.00 17 BUREAU OF PRODUCTIVITY AND EMPOWERMENT 750,000,000.00 723,763,450.00 96.50 873,125,000.00 682,315,710.00 78.15 18 JOB CREATION & EMPLOYMENT AGENCY 2,500,000.00 0.00 2,643,309.98 0.00 19 PROJECT FINANCED UNDER STWSS (EU) PROJECTS 0.00 1,089,454,198.74 0.00 20 STATE GOVERNANCE AND CAPACITY BUILDING (PSGRDP) 0 120,580,226.46 0 21 BUREAU OF INFORMATION, COMMUNICATION AND TECHNOLOGY 42,100,000.00 591,400.00 1.40 140,000,000.00 0.00 22 EKITI STATE TRAFFIC MANAGEMENT AGENCY 5,000,000.00 0.00 5,000,000.00 0.00
  27. 27. PUBLIC FINANCE STATISTICS, 2017-2018 27 TABLE 14 CONTD. DETAILS OF BUDGETARY ALLOCATION AND ACTUAL EXPENDITURE TO ECONOMIC SECTOR IN EKITI STATE, 2017 -2018 S/N ECONOMIC SECTOR 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 23 EKITI STATE ELECTRICITY BOARD 350,000,000.00 124,672,326.09 35.62 200,000,000.00 219,719,510.87 109.86 24 EKITI STATE MINERAL RESOURCES DEVELOPMENT AGENCY 42,050,000.00 0.00 109,327,877.45 0.00 25 MINISTRY OF WORKS AND TRANSPORT 13,450,000,000.00 8,655,257,166.19 64.35 13,450,381,042.16 6,368,878,724.40 47.35 26 OFFICE OF SURVEYOR-GENERAL OF THE STATE 45,000,000.00 2,854,500.00 6.34 50,000,000.00 1,500,000.00 3.00 27 BUREAU OF TOURISM, ART AND CULTURE 25,000,000.00 0.00 76,262,719.49 0.00 28 BUDGET AND ECONOMIC PLANNING ( MIN OF BUDGET) 2,435,151,532.75 428,800,000.00 17.61 2,602,875,087.73 105,984,818.80 4.07 29 YOUTH EMPOWERMENT AND SOCIAL SUPPORT OPERATION(YESSO) DRAW DOWN 0.00 52,882,592.30 150,000,000.00 223,650.00 0.15 30 GRANTS FROM UNICEF ASSISTED PROGRAMMES 0.00 150,000,000.00 0.00 31 BUREAU OF STATISTICS 36,855,072.12 0.00 50,000,000.00 0.00 32 SUSTAINABLE DEVELOPMENT GOALS (SDGs) OFFICE 0 1,200,000,000.00 0.00 33 SDGs (DRAW DOWN) 1,200,000,000.00 0.00 2,400,000,000.00 0.00 34 FISCAL RESPONSIBILITY COMMISSION 2,000,000.00 0.00 2,000,000.00 0.00 35 EKITI STATE WATER CORPORATION 500,000,000.00 0.00 500,000,000.00 2,000,000.00 0.40 36 RURAL WATER SUPPLY AND SANITATION AGENCY 25,000,000.00 0.00 25,000,000.00 0.00 37 RURAL WATER SUPPLY AND SANITATION AGENCY (EXTERNAL FINANCE) 0.00 1,550,000,000.00 0.00 38 3RD NATIONAL URBARN WATER SECTOR REFORM PROJECT (NUWSRP-3) 0.00 240,814,796.80 50,000,000.00 771,168,465.00 1,542.34 39 EU ASSISTED WATER SUPPLY/SANITATION SECTOR REFORM PROGRAMM III 0.00 362,449,489.78 0.00 40 MINISTRY OF LAND, HOUSING AND URBAN DEVELOPMENT 325,000,000.00 128,705,332.79 39.60 200,000,000.00 92,617,837.84 46.31 41 STATE HOUSING CORPORATION 80,000,000.00 867,000.00 1.08 159,000,000.00 0.00 42 URBAN RENEWAL AGENCY ( CAPITAL DEVELOPMENT AUTHORITY) 10,000,000.00 0.00 25,000,000.00 0.00 43 MINISTRY OF PUBLIC UTILITIES 101,000,000.00 2,270,000.00 2.25 100,000,000.00 0.00 44 UTILITY SERVICE DEPARTMENT 28,000,000.00 0.00 52,000,000.00 6,670,425.00 12.83 TOTAL 20,242,956,558.55 10,754,936,666.68 53.13 27,736,957,430.09 8,348,137,947.10 30.10 Source: Office of the Accountant General
  28. 28. PUBLIC FINANCE STATISTICS, 2017-2018 28 TABLE 15 DETAILS OF BUDGETARY ALLOCATION AND ACTUAL EXPENDITURE TO LAW AND JUSTICE SECTOR IN EKITI STATE, 2017 -2018 B LAW AND JUSTICE SECTOR 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 45 THE JUDICIARY 60,000,000.00 0.00 169,000,000.00 0.00 46 JUDICIAL SERVICE COMMISSION 109,500,000.00 0.00 200,000,000.00 0.00 47 MINISTRY OF JUSTICE 37,449,393.46 0.00 65,865,229.22 0.00 48 OFFICE OF PUBLIC DEFENDER 11,000,000.00 0.00 27,000,000.00 0.00 TOTAL 217,949,393.46 0.00 461,865,229.22 0.00 TABLE 16 DETAILS OF BUDGETARY ALLOCATION TO REGIONAL SECTOR IN EKITI STATE, 2017 -2018 C REGIONAL SECTOR 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 49 EKITI STATE COMMUNITY DEVELOPMENT AGENCY (DRAW DOWN) 351,624,183.71 0.00 369,500,000.00 0.00 50 SERVE-EKS STEERING COMMITTEE 0 TOTAL 0 351,624,183.71 0.00 369,500,000.00 0 Source: Office of the Accountant General
  29. 29. PUBLIC FINANCE STATISTICS, 2017-2018 29 TABLE 17 DETAILS OF BUDGETARY ALLOCATION AND ACTUAL EXPENDITURE TO SOCIAL SECTOR IN EKITI STATE, 2017 -2018 S/N SOCIAL SERVICE SECTOR COMPONENTS 2017 2018 BUDGET ACTUAL % OF PERFORMANCE BUDGET ACTUAL % OF PERFORMANCE 1 MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY 1,552,000,000.00 354,612,041.27 22.85 1,515,000,000.00 725,887,799.11 47.91 2 FOREIGN LOAN DRAW DOWN 0 357,740,118.30 2,822,039,595.50 122,791,042.00 4.35 3 STATE UNIVERSAL BASIC EDUCATION (SUBEB) 1,380,000,000.00 0.00 1,880,600,000.00 68,035,667.12 3.62 4 EKITI STATE LIBRARY BOARD 9,000,000.00 0.00 17,350,000.00 0.00 5 COLLEGE OF EDUCATION, IKERE EKITI 30,000,000.00 0.00 60,000,000.00 0.00 6 EKITI STATE UNIVERSITY, ADO-EKITI 130,000,000.00 0.00 260,000,000.00 0.00 7 TEACHING SERVICE COMMISSION 7,500,000.00 0.00 24,000,000.00 0.00 8 BOARD FOR TECHNICAL AND VOCATIONAL EDUCATION 545,250,000.00 89,383,564.53 16.39 1,945,830,120.37 1,519,871,879.42 78.11 9 AGENCY FOR ADULT AND NON-FORMAL EDUCATION 12,500,000.00 0.00 41,000,000.00 0.00 10 STATE SCHOLARSHIP BOARD 2,000,000.00 0.00 3,200,000.00 0.00 11 EDUCATION TRUST FUND 2,000,000.00 0.00 22,000,000.00 133,722,343.87 607.83 12 MINISTRY OF HEALTH 350,000,000.00 16,048,400.00 4.59 513,000,000.00 1,000,000.00 0.19 13 EKITI STATE AIDS CONTROL AGENCY (EXTERNAL FINANCE) 0.00 80,000,000.00 0.00 14 PRIMARY HEALTH CARE DEV. AGENCY 55,000,000.00 3,300,000.00 6.00 170,000,000.00 12,196,570.00 7.17 15 EKITI STATE UNIVERSITY TEACHING HOSPITAL 75,000,000.00 0.00 160,853,934.24 14,605,857.50 9.08 16 HOSPITAL MANAGEMENT BOARD 71,000,000.00 0.00 208,000,000.00 0.00 17 COLLEGE OF HEALTH TECHNOLOGY 25,000,000.00 0.00 85,000,000.00 0.00 18 CENTRAL MEDICAL STORE 18,000,000.00 0.00 70,000,000.00 0.00 19 MINISTRY OF ENVIRONMENT 45,000,000.00 0.00 5,000,000.00 0.00 20 STATE ENVIRONMENTAL PROTECTION AGENCY 300,000,000.00 132,410,119.67 44.14 500,000,000.00 59,403,907.68 11.88 21 EKITI STATE WASTE MANAGEMENT BOARD 105,000,000.00 0.00 50,000,000.00 0.00 22 EKITI STATE SPORT COUNCIL 5,500,000.00 0.00 6,572,500.00 0.00 23 MINISTRY FOR LOCAL GOVERNMENT, COMMUNITY DEVELOPMENT AND CHIEFTAINCY AFFAIRS 69,382,818.35 0.00 50,000,000.00 12,103,000.00 24.21 24 CHIEFTANCY AFFAIRS 10,000,000.00 0.00 10,000,000.00 0.00 25 MINISTRY OF WOMEN AFFAIRS, GENDER EMPOWERMENT & SOCIAL WELFARE 516,500,000.00 223,474,500.00 43.27 438,375,000.00 245,850,000.00 56.08 TOTAL 5,315,632,818.35 1,176,968,743.77 22.85 10,937,821,150.11 2,915,468,066.70 22.85
  30. 30. PUBLIC FINANCE STATISTICS, 2017-2018 30 TABLE 18 PERFORMANCE OF OVERHEAD COSTS CLASSIFIED BY SECTOR IN EKITI STATE, 2017 - 2018 S/N SECTOR 2017 2018 ESTIMATE ACTUAL PERFORMANCE (%) ESTIMATE ACTUAL PERFORMANCE (%) 1 ADMINISTRATIVE SERVICES SECTOR 2,163,274,980.84 1,657,924,046.62 76.64 2,765,574,135.75 2,066,692,164.86 74.73 2 ECONOMIC SECTOR 607,354,376 381,520,030.26 62.82 618,068,788.94 349,871,866.13 56.61 3 LAW AND JUSTICE 21,982,404.09 3,690,000.00 16.79 195,340,106.86 8,200,500.00 4.20 4 REGIONAL SECTOR 2,041,014.11 810,000.00 39.69 2,041,014.11 990,000.00 48.51 5 SOCIAL SECTOR 200,240,106.86 185,911,726.35 92.84 27,718,836.24 94,851,249.41 342.19 GRAND TOTAL 2,994,892,881.73 2,229,855,803.23 74.46 3,608,742,881.90 2,520,605,780.40 69.85 Source: Office of the Accountant General TABLE 19 PERCENTAGE DISTRIBUTION OF OVERHEAD ACTUAL EXPENDITURE BY SECTOR, 2017-2018 S/N SECTOR 2017 % DISTRIBUTION 2018 % DISTRIBUTION 1 ADMINISTRATIVE SERVICES SECTOR 1,657,924,046.62 74.35 2,765,574,135.75 76.64 2 ECONOMIC SECTOR 381,520,030.26 17.11 618,068,788.94 17.13 3 LAW AND JUSTICE 3,690,000.00 0.17 195,340,106.86 5.41 4 REGIONAL SECTOR 810,000.00 0.04 2,041,014.11 0.06 5 SOCIAL SECTOR 185,911,726.35 8.34 27,718,836.24 0.77 TOTAL 2,229,855,803.23 100.00 3,608,742,881.90 100.00
  31. 31. PUBLIC FINANCE STATISTICS, 2017-2018 31 TABLE 20 GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM (CIVIL SERVICE, POLITICAL APPOINTEES AND TEACHERS) IN EKITI STATE, 2017 S/N MONTH CIVIL SERVANTS POLITICAL OFFICE HOLDERS TEACHERS TOTAL 1 JANUARY 3,173,082.07 3,173,082.07 2 FEBRUARY (SEPT. 2016) 671,459,412.49 61,310,625.77 657,081,800.21 1,389,851,838.47 3 MARCH (OCT. 2016) 672,808,436.77 61,414,127.64 655,605,841.18 1,389,828,405.59 4 APRIL (NOV. 2016) 673,896,854.22 61,594,027.46 654,677,725.50 1,390,168,607.18 5 MAY (DEC. 2016) 665,445,759.88 61,915,485.97 652,880,987.33 1,380,242,233.18 6 JUNE (JAN. 2017) 671,675,870.12 61,689,562.48 661,511,361.74 1,394,876,794.34 7 JULY (FEB. 2017) 669,528,166.35 61,169,484.74 661,416,759.59 1,392,114,410.68 8 AUGUST (MAR. 2017) 1,387,827,521.28 60,199,746.15 660,639,705.23 2,108,666,972.66 9 SEPTEMBER (APR.2017) 679,749,134.44 65,387,747.94 659,363,292.62 1,404,500,175.00 10 OCTOBER (MAY. 2017) 678,717,064.70 65,176,444.86 674,718,458.32 1,418,611,967.88 11 NOVEMBER (JUN. 2017) 677,464,427.62 64,873,627.24 669,207,688.52 1,411,545,743.38 12 DECEMBER (JUL. 2017) 688,305,239.32 65,251,808.71 717,375,386.96 1,470,932,434.99 13 DECEMBER (AUG. 2017) 759,008,990.42 64,240,717.51 692,481,703.28 1,515,731,411.21 TOTAL 8,899,059,959.68 754,223,406.47 8,016,960,710.48 17,670,244,076.63 % Distribution 50.36 4.27 45.37 100.00 Source: Office of the Accountant General
  32. 32. PUBLIC FINANCE STATISTICS, 2017-2018 32 GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM , 2017 MONTH JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC DEC TOTAL (₦B) 0.3 1.38 1.38 1.39 1.38 1.39 1.39 2.1 1.4 1.41 1.41 1.47 1.51 0.3 1.38 1.38 1.39 1.38 1.39 1.39 2.1 1.4 1.41 1.41 1.47 1.51 0 0.5 1 1.5 2 2.5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC DEC TOTALSALARY(₦B) MONTHS GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM, 2017
  33. 33. PUBLIC FINANCE STATISTICS, 2017-2018 33 TABLE 21 GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM (CIVIL SERVICE, POLITICAL APPOINTEES AND TEACHERS) IN EKITI STATE, 2018 S/N MONTH CIVIL SERVANTS POLITICAL OFFICE HOLDERS TEACHERS TOTAL 1 JANUARY 678,850,963.67 64,561,248.37 682,623,711.31 1,426,035,923.35 2 FEBRUARY 681,618,233.30 64,307,118.15 679,889,310.45 1,425,814,661.90 3 MARCH 694,053,733.55 51,224,381.74 676,535,139.15 1,421,813,254.44 4 APRIL 686,315,181.49 51,194,348.25 672,660,377.82 1,410,169,907.56 5 MAY 672,098,576.54 62,229,780.36 670,654,500.39 1,404,982,857.29 6 JUNE 647,460,554.99 29,771,166.47 665,941,651.00 1,343,173,372.46 7 JULY 653,898,648.88 28,983,700.07 670,629,484.23 1,353,511,833.18 8 AUGUST 645,378,889.78 28,983,700.07 667,080,995.51 1,341,443,585.36 9 SEPTEMBER 642,857,714.27 28,983,700.07 660,546,367.08 1,332,387,781.42 10 OCTOBER 640,980,221.81 28,926,005.58 656,751,139.28 1,326,657,366.67 11 NOVEMBER 673,839,250.94 28,621,741.72 654,932,137,09 702,460,992.66 12 DECEMBER 645,318,953.57 40,575,972.88 654,368,597.75 1,340,263,524.20 TOTAL 7,962,670,922.79 508,362,863.73 7,357,681,273.97 15,828,715,060.49 % Distribution 50.31 3.21 46.48 100.00 Source: Office of the Accountant General
  34. 34. PUBLIC FINANCE STATISTICS, 2017-2018 34 GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM , 2018 MONTH JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL (₦B) 1.426 1.425 1.421 1.41 1.404 1.343 1.353 1.341 1.332 1.326 0.702 1.34 1.426 1.425 1.421 1.41 1.404 1.343 1.353 1.341 1.332 1.326 0.702 1.34 0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTALSALARY(₦B) MONTHS GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM, 2017
  35. 35. PUBLIC FINANCE STATISTICS, 2017-2018 35 TABLE 22 MONTHLY PAYMENT OF PENSION FOR THE YEAR 2017-2018 S/N MONTH 2017 2018 1 JANUARY 322,353,903.79 374,130,444.11 2 FEBRUARY 0 0 3 MARCH 676,286,035.49 376,285,882.66 4 APRIL 0.00 386,599,245.74 5 MAY 351,791,404.90 396,101,507.09 6 JUNE 343,147,432.38 378,362,432.07 7 JULY 341,353,513.84 396,490,554.94 8 AUGUST 690,808,337.38 383,869,786.64 9 SEPTEMBER 356,573,222.96 412,652,799.07 10 OCTOBER 353,017,243.01 412,355,024.70 11 NOVEMBER 348,677,757.55 394,604,782.56 12 DECEMBER 738,396,171.01 1,210,294,567.89 TOTAL 4,522,405,022.31 5,121,747,027.47
  36. 36. PUBLIC FINANCE STATISTICS, 2017-2018 36 MONTHLY PAYMENT OF PENSION FOR THE YEAR 2017 - 2018 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YEAR 2017 (₦M) 322 0.00 676 0.00 351 343 341 690 356 353 348 738 YEAR 2018 (₦M) 374 0.00 376 386 396 378 396 383 412 412 394 1210 0 200 400 600 800 1000 1200 1400 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 322 0.00 676 0.00 351 343 341 690 356 353 348 738 374 0 376 386 396 378 396 383 412 412 394 1210 YEAR Axis Title MONTHLY PAYMENT OF PENSION FOR THE YEAR 2017 -2018 YEAR 2017 (₦M) YEAR 2018 (₦M)
  37. 37. PUBLIC FINANCE STATISTICS, 2017-2018 37 TABLE 23 DETAILS OF FOREIGN LOANS BY EKITI STATE FOR THE YEAR ENDED 2016 S/N LOAN TITLE BALANCE AS AT JAN 2016 (USD) DISBURSEMENT IN 2016 [USD] TOTAL LOAN (USD) PRICE PAID IN 2016 (USD) INTEREST PAID IN (USD) TOTAL PAID IN 2016(USD) TOTAL PAID IN NAIRA CLOSING BALANCE AS AT DEC 2016 (USD) 1 3rd Multistate Agric Dev Project (40%) 4,827,607.26 4,827,607.26 567,953.79 34,824.16 602,777.95 183,847,274.75 4,259,653.47 2 Comm. Based Poverty Reduction 8,832,960.62 8,832,960.62 255,514.52 65,768.14 321,282.66 97,991,211.30 8,577,446.10 3 U B E 3,024,322.65 3,024,322.65 136,976.14 22,448.04 147,448.04 44,971,652.20 2,899,322.65 4 HSDP ADD 2,357,468,.28 2,357,468.28 51,448.00 17,424.15 154,400.29 47,092,088.40 2,220,492.14 5 HIV / AIDS 1,623,007.03 1,623,007.03 12,076.08 63,524.08 19,374,844.40 1,571,559.03 6 Third Nat .Fadama III 3,830,474.42 3,830,474.42 28,590.41 28,590.41 8,720,075.05 3,830,474.42 7 HSDP ADD 3,014,898.09 3,014,898.09 22,673.74 22,673.74 6,915,490.70 3,014,898.09 8 HIV / AIDS II 4,217,463.59 64,849.43 4,282,313.02 31,617.70 31,617.70 9,643,398.50 4,282,313.02 9 State Edu Prog Investment Project 22,251,862.64 306,231.29 22,558,093.93 293,845.51 293,845.51 89,622,880.55 22,558,093.93 10 NUWSRP3 2,857,833.45 805,144.52 3,662,977.97 420,183.47 420,183.47 128,155,958.35 3,662,977.97 11 Nat Prog for Food Security 14,681,908.33 12 State Youth Empowerment & Social Support 90,246.58 90,246.58 27,525,206.90 TOTAL 54,480,429.75 1,176,225.24 58,014,123.27 1,011,892.45 1,039,697.98 2,176,590.43 678,541,989.43 56,877,230.82 Source: Ministry of Finance
  38. 38. PUBLIC FINANCE STATISTICS, 2017-2018 38 TABLE 24 STATUS OF THE STATE LOCAL LOAN OUTSTANDING AS AT DECEMBER, 2016 S/N SOURCE: FGN/BANKS BALANCE AS AT 1/1/2016 LOAN OBTAINED DURING THE YEAR 2016 TOTAL LOAN REPAYMENT JAN-DEC 2016 CLOSING BAL AS AT DEC 2016 TOTAL INTEREST PAID 1 FGN Bond 18,782,026,472.60 18,782,026,472.60 169,611,236.41 18,612,415,236.19 2,311,952,281.37 2 Bail Out 9,560,392,936.94 9,560,392,936.94 168,947,767.53 9,391,445,169.41 781,513,470.41 3 Skye Bank 110,000,000.00 110,000,000.00 110,000,000.00 0.00 4 First Bank (CAC) 269,780,951.84 269,780,951.84 269,780,951.84 7,659,065.44 5 Bond 19,254,972,548.93 19,254,972,548.93 5,995,857,696.12 13,259,114,852.81 0.00 6 Access (ECA) 10,000,000,000.00 10,000,000,000.00 137,478,160.10 9,862,521,839.90 672,275,200.21 7 Access (MDGs) 600,000,000.00 600,000,000.00 600,000,000.00 63,015,879.20 8 Budget Fiscal Support 8,614,000,000.00 8,614,000,000.00 8,614,000,000.00 0.00 9 Wema Bank (SUBEB) 2,887,788,065.28 2,887,788,065.28 2,887,788,065.28 79,414,171.80 TOTAL 47,977,172,910.31 22,101,788,065.28 70,078,960,975.59 7,341,675,812.00 62,737,285,163.59 3,915,830,068.43 Source: Ministry of Finance
  39. 39. PUBLIC FINANCE STATISTICS, 2017-2018 39 TABLE 25 DETAILS OF FOREIGN LOANS BY EKITI STATE FOR THE YEAR ENDED 2017 S/N LOAN TITLE OPENING BALANCE ( 2016 RATE) BALANCE AS AT JAN 2017 (USD) DISBURSEMENT IN 2017 [USD] TOTAL LOAN (USD) PRICE PAID IN 2017 (USD) INTEREST PAID IN 2017 (USD) TOTAL PAID IN 2017(USD) TOTAL PAID IN NAIRA CLOSING BAL AS AT DEC 2017 (USD) 1 3rd Multistate Agric Dev Project (40%) 4,259,653.47 4,516,186.38 4,516,186.38 602,158.19 32,742.35 634,900.54 194,279,565 3,914,028.19 2 Comm. Based Poverty Reduction 8,577,446.10 9,094,013.30 9,094,013.30 270,902.60 67,697.15 338,599.75 103,611,523.50 8,823,110.70 3 U B E 2,899,322.65 2,899,322.65 2,899,322.65 125,000.00 21,510.54 146,510.54 44,832,225.24 2,774,322.65 4 Health System Dev. Proj 2,220,492.14 2,354,218.82 2,354,218.82 145,225.38 17,384.33 162,609.71 49,758,571.26 2,208,993.44 5 HIV / AIDs 1,571,559.03 1,666,204.40 1,666,204.40 54,546.44 12,394.26 66,940.00 20,483,854.20 1,611,657.96 6 Third Nat.Fadama III 3,830,474.42 4,061,160.50 4,061,160.50 30,458.70 30,458.70 9,320,362.20 4,061,160.50 7 Third Nat.Fadama III 3,014,898.09 3,196,466.99 3,196,466.99 23,973.50 23,973.50 7,335,891.00 3,196,466.99 8 HIV / AIDS II 4,282,313.02 4,540,210.59 4,540,210.59 34,051.62 34,051.62 10,419,795.72 4,540,210.59 9 State Edu Prog Investment Project 22,558,093.93 22,558,093.93 10,375,226.20 32,933,320.13 217,269.97 217,269.97 66,484,610.82 32,933,320.13 10 NUWSRP3 3,662,977.97 3,883,576.77 261,261.73 4,144,838.50 30,468.99 30,468.99 9,323,510.94 4,144,838.50 11 Nat Prog for Food Security 99,449.00 99,449.00 30,431,394.00 9,845,451.00 12 State Youth Empowerment & Social Support TOTAL 56,877,230.82 58,769,454.33 10,637,487.93 69,405,942.26 1,297,281.61 487,951.41 1,785,232.32 546,281,304 78,053,560.65
  40. 40. PUBLIC FINANCE STATISTICS, 2017-2018 40 TABLE 26 STATUS OF THE STATE LOCAL LOAN OUTSTANDING AS AT DECEMBER, 2017 S/N SOURCE: FGN/BANKS BAL AS AT 1/1/2017 LOAN OBTAINED DURING THE YEAR 2017 TOTAL LOAN REPAYMENT JAN-DEC 2017 CLOSING BALANCE AS AT Dec 2017 TOTAL INTEREST PAID 1 FGN Bond 18,612,415,236.20 18,612,415,236.20 233,041,265.67 18,379,373,970.53 2,744,802,555.69 2 Bail Out 9,391,445,169.41 9,391,445,149.41 199,797,708.59 9,191,647,460.82 836,954,330.17 3 SKYE Bank (SCOA) 110,000,000.00 110,000,000.00 110,000,000.00 0.00 4 State Bond 13,259,114,852.81 13,259,114,852.81 3,572,924,695.31 7,263,257,160.69 2,422,932,996.81 5 Access (ECA) 9,862,521,839.90 9,862,521,839.90 205,243,867.18 9,657,277,972.72 874,427,279.90 6 Budget Fiscal Support 8,614,000,000.00 8,255,000,000.00 16,869,000,000.00 16,869,000,000.00 0.00 7 Wema Bank (SUBEB) 2,887,788,065.28 2,887,788,065.28 200,000,000.00 2,687,788,065.28 0.00 8 NUWSRP 3 410,125,000.00 410,125,000.00 164,450,000.00 245,675,000.00 9 Fertilizer Subsidize 108,991,353.78 10 JAAC 240,000,000.00 240,000,000.00 240,000,000.00 TOTAL 63,147,410,163.60 8,495,000,000.00 71,642,410,143.60 4,684,448,890.53 64,644,019,630.04 6,879,117,162.57 Source: Ministry of Finance
  41. 41. PUBLIC FINANCE STATISTICS, 2017-2018 41 TABLE 27 DETAILS OF FOREIGN LOANS BY EKITI STATE FOR THE YEAR ENDED 2018 S/N PROJECT OPENING BALANCE (2018 RATE) ADDITIONAL LOAN TOTAL LOAN PRICIPAL PAYMENT INTEREST PAYMENT TOTAL PAYMENT TOTAL PAID IN NAIRA CLOSSING BAL AS AT DEC 2018 (USD) 1 Nat. Prog. for Food Security 9,538,840.27 9,538,840.27 96,351.93 0.00 96,351.93 15,512,805.00 9,442,488.34 2 3rd Multi State Agric. Dev . Project 3,831,653.65 3,831,653.65 589,485.19 27,632.12 617,117.31 193,854,921.01 3,242,168.46 3 Community Based Poverty Reduction 8,637,419.80 8,637,419.80 265,201.20 64,283.40 329,484.60 101,514,979.82 8,372,218.60 4 Universal Basic Education 2,774,322.65 2,774,322.65 125,000.00 20,573.04 145,573.04 44,548,948.03 2,649,322.65 5 Health Systems Dev. -IDA 2,165,503.02 2,165,503.02 142,168.96 15,952.21 158,121.17 48,662,100.94 2,023,334.06 6 HIV / AIDS Programme 1,577,739.06 1,577,739.06 53,398.46 11,732.91 65,131.37 20,067,112.32 1,524,340.60 7 Third Nat.Fadama Deve. Project 3,975,689.42 3,975,689.42 39,756.89 29,817.66 69,574.55 21,637,643.37 3,935,932.53 8 Health System Dev. Project. (Addition Financing) 3,129,194.23 3,129,194.23 32,178.91 23,468.95 55,647.86 17,491,961.24 3,097,015.32 9 2nd HIV / AIDS Programme 4,444,657.43 4,444,657.43 33,334.93 33,334.93 10,485,938.90 4,444,657.43 10 State Edu Prog Investment Project 32,933,320.13 11,366,673.82 44,299,993.95 292,588.39 292,588.39 87,788,892.66 44,299,993.95 11 3rd National Urban Water Sect Reform Project 4,057,606.32 19,122,519.97 23,180,126.29 121,591.45 121,591.45 31,426,405.89 23,180,126.29 TOTAL 77,065,945.98 30,489,193.79 107,555,139.77 1,343,541.54 640,975.06 1,984,516.60 592,991,709.18 106,211,598.23 Source: Ministry of Finance
  42. 42. PUBLIC FINANCE STATISTICS, 2017-2018 42 TABLE 28 STATUS OF THE STATE LOCAL LOAN OUTSTANDING AS AT DECEMBER, 2018 S/N HEADS OPENING BALANCE AS AT JAN 2018 LOAN OBTAINED DURING THE YEAR TOTAL LOAN PRINCIPAL PAYMENT INTEREST PAYMENT TOTAL PAYMENT CLOSING BALANCE AS AT DEC 2018 1 FGN BONDS 18,379,373,970.53 - 18,379,373,970.53 270,049,872.21 2,707,793,949.15 2,977,843,821.36 18,109,324,098.32 2 BAIL OUT 9,191,647,460.82 - 9,191,647,460.82 272,012,693.81 764,740,617.28 1,036,753,311.09 8,919,634,767.01 3 BOND PROCEEDS 7,263,257,160.69 - 7,263,257,160.69 4,804,267,272.12 4,804,267,272.12 2,458,989,888.57 4 SKYE (SCOA) 110,000,000.00 - 110,000,000.00 110,000,000.00 5 ACCESS (ECA) 9,657,277,972.72 - 9,657,277,972.72 306,846,315.34 1,132,918,539.60 1,439,764,854.94 9,350,431,657.38 6 BUDGET SUPPORT FUND 16,869,000,000.00 - 16,869,000,000.00 16,869,000,000.00 7 UBEC2012/2015 2,687,788,065.28 - 2,687,788,065.28 700,000,000.00 700,000,000.00 1,987,788,065.28 8 NUWSRP- 3 246,675,000.00 - 246,675,000.00 164,450,000.00 164,450,000.00 82,225,000.00 9 FOSTERFIELD 287,500,000.00 287,500,000.00 287,500,000.00 33,846,462.20 321,346,462.20 10 JAAC 240,000,000,00 - 240,000,000.00 60,000,000.00 60,000,000.00 180,000,000.00 TOTAL 64,405,019,630.04 287,500,000.00 64,932,519,630.04 6,865,126,153.48 4,639,299,568.23 11,504,425,721.71 58,067,393,476.56 Source: Ministry of Finance

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