EKITI STATE PUBLIC FINANCE STATISTICS 2017 - 2018

EKITI STATE OF NIGERIA
PUBLIC FINANCE STATISTICS
2017 - 2018

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.

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

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.

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.

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.

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

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
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

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

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

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
TOTALREVENUE(₦B)
MONTH

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

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
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
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
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
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
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

TABLE 5
ACTUAL MONTHLY INTERNALLY GENERATED REVENUE OF EKITI STATE BY REVENUE ITEMS, 2017
S/N ITEM MONTH
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
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
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
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
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
4 POOLS BETTING LOTTERIES 1,516,000.00 856,000.00 406,000.00 292,000.00 730,000.00 660,000.00
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

TABLE 5 CONTD.
S/N ITEM MONTH
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
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
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
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
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
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

TABLE 6
S/N ITEM MONTH
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
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
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
5 OTHER LICENSES
EARNING AND SALES
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
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

TABLE 6 CONTD.
S/N ITEM MONTH
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
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
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
5 OTHER LICENSES
EARNINGS AND SALES
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
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

TABLE 7
S/N ITEM MONTH
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
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
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
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
5 OTHER LICENSES
EARNING AND SALES
DRIVERS BADGE
2 SALES OF M/G/VS STICKERS/OTHER 2,000,000.00
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

TABLE 7 CONTD.
S/N ITEM MONTH
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
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
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
5 OTHER LICENSES
EARNING AND SALES
DRIVERS BADGE
2 SALES OF M/G/VS STICKERS/OTHER 500,000.00 2,500,002.00
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

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
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
3 NEW IDENTIFICATION MARK 75,000,003.00 82,150,853.00 109.53
5 OTHER LICENSES
D EARNING AND SALES
BADGE
2 SALES OF M/G/VS STICKERS/OTHER 8,000,001.92 4,850,002.00 60.63
4 POOLS BETTING LOTTERIES 5,000,000 6,240,004.00 124.80
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

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
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
5 OTHER LICENSES
D EARNING AND SALES
BADGE
2 SALES OF M/G/VS STICKERS/OTHER 8,000,000 2,500,000.00 31.25
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

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

TABLE 11
SUMMARY OF ACTUAL CAPITAL EXPENDITURE ON SECTORAL BASIS IN EKITI STATE, 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

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

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

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

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

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

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

TABLE 18
PERFORMANCE OF OVERHEAD COSTS CLASSIFIED BY SECTOR IN EKITI STATE, 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
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

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

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

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

GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM , 2018
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
TOTALSALARY(₦B)
MONTHS
GROSS SALARIES OF PUBLIC SERVANTS IN THE MAINSTREAM, 2017

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

MONTHLY PAYMENT OF PENSION FOR THE YEAR 2017 - 2018
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
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)

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

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

TABLE 25
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

TABLE 26
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

TABLE 27
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

TABLE 28
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

EKITI STATE PUBLIC FINANCE STATISTICS 2017 - 2018

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