Chapter Three
A COMPARATIVE ANALYSIS OF ACTUAL VS BUDGETED PERFORMANCE 1999-2004
REVENUE / EXPENDITURE
1999
2000
2001
2002
2003
2004
TOTAL[4]
N' BILLION
BUDGET
ACTUAL
REVENUE
INTERNALLY GENERATED REVENUE
2.66
2.42
4.62
2.99
5.39
5.34
6.26
5.82
6.73
7.92
8.02
9.22
33.68
33.71
STATUTORY ALLOCATION
4.2
3.87
31.11
6.64
36.64
6.6
35.33
12.18
45.42
10.97
49.18
16.5
201.88
56.76
13% DERIVATION
18.71
26.9
29.31
38.87
56.23
170.02
SPECIAL ALLOCATION &
2.57
0.5
0.15
1.84
2.59
7.65
EXCESS CRUDE
SUB - TOTAL
27.92
34
41.64
51.68
75.32
234.43
VAT
0.9
0.72
1.19
0.96
1.32
1.61
1.46
1.85
1.87
2.31
2.3
2.47
9.04
9.92
FEDERATION ACCOUNT
5.1
4.59
32.3
28.88
37.96
35.61
36.79
43.49
47.29
53.99
51.48
77.79
210.92
244.35
CAPITAL RECEIPTS (LOANS ETC)
0.82
1.15
5.83
2.86
15.24
14.19
10.94
2.77
7.79
9.33
14.54
6.8
55.16
37.1
TOTAL REVENUE