CROSS RIVER STATE OF NIGERIA 2020 ANNUAL REPORT AND ACCOUNTS REPORT OF THE AUDITOR-GENERAL ON THE ACCOUNTS OF THE GOVERNMENT OF CROSS RIVER STATE OF NIGERIA FOR THE YEAR ENDED 31ST DECEMBER, 2020 TOGETHER WITH THE CERTIFICATE OF THE AUDITOR-GENERAL THERE ON OFFICE OF THE AUDITOR-GENERAL CROSS RIVER STATE JULY, 2021 2020 ANNUAL REPORT AND ACCOUNTS REPORT OF THE AUDITOR-GENERAL ON THE ACCOUNTS OF THE GOVERNMENT OF CROSS RIVER STATE OF NIGERIA JULY, 2021 CONTENT PAGES PART 1 INTRODUCTION 1 “ II ANNUAL ABSTRACT ACCOUNTS 4 “ III STATEMENT OF ASSETS AND LIABILITIES 13 ,, IV OTHER INFORMATION 17 ,, V GENERAL 28 ,, V1 AUTHORITIES FOR EXPENDITURE 31 AUDIT CERTIFICATE 32 ACCOUNTING POLICIES 34 RESPONSIBILITY FOR FINANCIAL STATEMENTS BY ACCOUNTANT-GENERAL 46 STATEMENT NO. 1 - CASH FLOW 47 “ NO. 2 - STATEMENT OF ASSETS AND LIABILITIES 48 “ NO. 3 - STATEMEMENT OF CONSOLIDATED REVENUE FUND 49 “ NO. 4 - STATEMENT OF CAPITAL DEVELOPMENT FUND 50 NOTES TO THE ACOUNTS 51 SUPPLIMENTARY NOTES 65 REPORT OF THE AUDITOR-GENERAL ON THE ACCOUNTS OF THE GOVERNMENT OF CROSS RIVER STATE OF NIGERIA FOR THE YEAR ENDED 31ST DECEMBER, 2020 PART I - INTRODUCTION The Accounts of the Government of Cross River State of Nigeria for the year ended 31st December, 2020 have been examined under my direction as required by Section 125(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and in accordance with Section 4 (3) of the Audit Law (CAP A 20) of the Laws of Cross River State 2004. 1.2 PREVIOUS AUDIT REPORT The Audit Report on the Accounts of the Cross River State Government of Nigeria for the year ended 31st December 2019 was submitted to the Cross River State House of Assembly on the 15TH July, 2020. That Report was passed to the Public Accounts Committee of the House for consideration in accordance with the provisions of the 1999 Constitution of the Federal Republic of Nigeria. The Public Accounts Committee has concluded deliberations on the report of the 2019 accounts. 1.3 ANNUAL FINANCIAL STATEMENT The Abstracts of Receipts and Payments of the Recurrent and Capital Accounts and the Statements of Assets and Liabilities as at 31st December, 2020 were submitted by the Accountant-General on 22nd June, 2021. 1 1.3.1 IMPLEMENTATION OF IPSAS: Cross River State Government has implemented the International Public Sector Accounting Standard (IPSAS); as such the 2020 Financial Statements were IPSAS Cash Basis compliant. 1.4 PROGRAMME OF WORK The Accounting Books and Records of Ministries and Extra-Ministerial Departments, including their out-stations, Boards, Post Primary Institutions, Hospitals and Courts of the State were satisfactorily audited in accordance with our Audit Programme. 1.5 AUDIT OF PARASTATALS In accordance with Section 125(3) of the 1999 Constitution of the Federal Republic of Nigeria, some of the under-listed Statutory Bodies submitted their annual accounts for comments while others were yet to do so during the year under review as shown below: S/N PARASTATALS PERIOD OF PERIOD OF REMARKS ACCOUNTS ACCOUNTS SUBMITTED OUTSTANDING 1 CRUTECH 2017 2018 – 2020 Accounts yet to be submitted 2 CRS Water Board 2017 2018 - 2020 =do= 3 CRS Forestry Commission 2018 2019 - 2020 =do= 4 CRS Universal Basic Edu. Board 2017 2018 – 2020 Accounts yet to be submitted 5 World Bank projects under Up to 2016 NIL Comments PFMU already issued 6 CRS Community & Social Dev. Up to 2019 2020 Accounts yet to Agency be submitted 7 CRS Privatization Council - 2009-2020 Accounts yet to be submitted 8 CRS Property Investment Ltd 2018 2019 – 2020 Do 9 Obudu Ranch Resort Up to 2013 2014-2020 Accounts yet to 2 be Submitted 10 Tourism Bureau Up TO 2018 2019 – 2020 Up- to- date 11 Cross River Sports Commission Up TO 2018 2019 - 2020 -do 12 Rural Development Agency Up TO 2019 2020 -do 13 Carnival Commission Up TO 2018 2019 – 2020 -do 14 Bureau of Public Private Up TO 2017 2018 – 2020 -do Partnership 15 Scholarship Board Up TO 2018 2019 – 2020 -do 16 Library Board Up TO 2018 2019 – 2020 -do 17 State Technical Education Up TO 2018 2019 – 2020 -do Board 18 State Secondary Education Up TO 2018 2019 – 2020 -do Board 19 CRS Newspaper Corporation Up TO 2018 2019 – 2020 -do 20 CR Broadcasting Corporation Up TO 2018 2019 – 2020 -do 21 Management Development Up TO 2015 NIL -do Institute 22 College of Education, Akamkpa Up TO 2018 2019 -2020 -do 23 CRS Signage and Up TO 2019 2020 -do Advertisement Agency 24 Tinapa Business Resort Nil From Inception N/A 25 Cross River Institute of Up TO 2018 2019 – 2020 Accounts yet to Technology, Ugep. be submitted 26 INFRACROSS/ Min. of 2017 2018 – 2020 Accounts yet to Infrastructure be submitted 3 2.0 PART II – ANNUAL ABSTRACT ACCOUNT 2.1 RECURRENT REVENUE The recurrent revenue received by the State Government for the period ended 31st December 2020 amounted to N81,762,469,496.35 as against the projected revenue of N78,560,936,872.85 showing an Increase of N3,201,532,623.50 representing 4.08%. The revenue realized during the year under review showed a decrease as against the revenue achieved in the previous year which was N89,700,051,083.56. Details are shown below: HEAD DETAILS OF APPROVED ACTUAL EXCESS SHORTFALL REVENUE ESTIMATES COLLECTION (N) (N) (N) (N) (N) 401000 Taxes (Direct & 11,737,178,364.00 9,628,824,408.56 - 2,108,353,955.44 Indirect) 402000 Fees 7,724,217,534.00 6,932,741,867.48 - 791,475,666.52 403000 Licenses 167,712,820.00 1,134,302,244.45 966,589,424.45 - 404000 Earnings 1,022,759,369.00 9,098,919.00 - 1,013,660,450.00 405000 Sales 73,162,340.00 40,601,046.17 - 32,561,293.83 408000 Statutory 45,360,732,420.85 49,285,194,134.18 3,924,461,713.33 - Allocation(FAAC) Value Added Tax 12,475,174,025.00 14,731,706,876.51 2,256,532,842.51 - 78,560,936,872.85 81,762,469,496.35 7,147,583,980.29 3,946,051,365.79 2.2 STATE SHARE OF FEDERATION ACCOUNTS The actual statutory allocation from the Federation Account excluding VAT for the year under review was N43,785,194,134.18 out of the Budget provision of N26,565,994,812.00 resulting in an increase of N17,219,199,322.82 which represents 64.82%. Details of the statutory allocation are as shown below: 4 MONTH AMOUNT(N) January 4,213,988,204.57 February 3,746,759,779.04 March 3,359,751,29.90 April 3,887,543,747.09 May 4,51,875,173.63 June 3,500,334,458.84 July 3,569,932,058.62 August 4,111,530,142.79 September 3,852,966,830.65 October 4,018,478,110.67 November 2,866,509,158.43 December 2,605,705,172.95 TOTAL 43,785,194,134.18 2.2.1 STATE SHARE OF VALUE ADDED TAX MONTH AMOUNT(N) January 1,089,720,811.95 February 1,762,62,840.56 March 947,778,267.48 April 1,136,539,048.75 May 891,9413,817.43 June 891,945,724.64 July 1,218,507,822.21 August 1,249,863,485.26 September 1,422,153,121.3 October 1,341,754,780.01 November 1,297,983,781.78 5 December 1,490,916,375.08 TOTAL 14,731,706,876.51 2.2.2 OTHER STATUTORY ALLOCATION (ECA, ETC) MONTH OTHER EXCESS CRUDE TOTAL(N) AGENCIES(N) OIL ACCOUNT(N) January - - - February - - - March - - - April - - - May 2,000,000,000.00 - 2,000,000,000.00 June - - - July - - - August - - - September - - - October 500,000,000.00 - 500,000,000.00 November - - - December 3,000,000,000.00 - 3,000,000,000.00 TOTAL 5,500,000,000.00 - 5,500,000,000.00 2.3 INTERNALLY GENERATED REVENUE The sum of N17,745,568,485.66 was realized as Internally Generated Revenue for the year ended 31st December, 2020. This amount represents 85.62% of the Budgeted revenue of N20,725,030,427.00. Details are shown below: CODE DETAILS 2020 BUDGET 2020 ACTUAL VARIANCE 2019 ACTUAL (N) (N) (N) (N) 401000 Taxes 11,737,178,364.00 9,628,824,408.56 (2,108,353,955.44) 19,818,344,123.20 402000 Fees 7,724,217,534.00 6,932,741,867.48 (791,475,666.52) 4,095,402,633.18 6 403000 Licenses 167,712,820.00 1,134,302,244.45 966,589,424.45 113,667,735.21 404000 Earnings 1,022,759,369.00 9,09,919.00 (1,013,660,450.00) 64,428,015.41 407000 Sales 73,162,340.00 40,601,046.17 (32,561,293.83) 2,000,000.00 TOTAL 20,725,030,427.00 17,745,568,485.66 (2,979,461,941.34) 24,093,842,507.00 2.4 CAPITAL RECEIPTS The actual Capital Receipts for 2020 financial year amounted to N40,222,696,191.16 and was short of the total estimate of N70,793,770,668.85 by 43.18% (N30,571,074,477.69). Substantial shortfalls were recorded in two (2) Capital Receipt Heads. The details are contained in the Accountant-General Statement No.4 annexed to this report. This is a significant shortfall in Capital Receipts. 2.5 INTERNAL LOANS. Records made available to Audit by the Debt Management Department of the Governor’s Office showed that the outstanding Internal debt stock of the State as at 31st December, 2020 stood at N161,112,132,529.29 and consists of the following: i. State Bond - N1,220,383,502.33 ii. Internal Loans - N105,599,973,475.04 iii. Contingent Liabilities - N54,291,775,551.86 N161,112,132,529.23 The sum of N16,217,249,348.81 was spent on Domestic Debt Servicing consisting of: i. State Bond Servicing - N2,027,363,452.32 ii. Internal Loans - N14,189,885,896.49 N16,217,249,348.81 7 2.6 EXTERNAL LOAN The Accountant-General’s published Statement indicated that Cross River State Government obtained the sum of N1,382,129,252.00 as External Loan for the period under review whereas there was no budgetary provision for it. The sum of N1,382,129,252.00 plus an outstanding balance of N92,707,525,894.66 amounted to N94,089,655,146.66 representing the External Debt Stock of the State as at 31st December, 2020. The sum of N 13,306,994,931.45 was spent on external debt servicing leaving an outstanding balance of N80,782,660,215.21. The outstanding balance of N80,782,660,215.21 did not agree with N73,141,149,270.69 provided by the Debt Management Office. 2.7 AIDS AND GRANT The Statement of Accounts submitted by the Accountant-General showed that out of N24,099,000,000.00 budgeted for Aids and Grant only N12,776,611,292.41 was received leaving an outstanding balance of N11,322,388,707.59. The grant was for the following activities. I. State and Local Government reform projects (SLOGOR) II. Community and Social Development Programme (CSDP). III. Nigeria Erosion & Watershed Management Project (NEWMAP). IV. FGN Grant and Appeal V. Grant/Donations: COVID-19 VI. World Bank SFTAS Grant VII. Youth Employment & Social Support Operations (YESSO). This is reflected in the Supplementary Notes attached. 8 2.8 AUTHORITY FOR EXPENDITURE The Authorities for Expenditure incurred during 2020 financial year are listed in “PART VI” of this Report. 2.9 RECURRENT EXPENDITURE The Statement of Accounts submitted by the Accountant-General showed that the actual recurrent expenditure for the year ended 31st December, 2020 amounted to N66,022,863,950.04 and reflected a total net savings of N10,270,614,257.96 (13.46%). The details are contained in the Accountant-General’s Notes 4 to 8, 19, 20 and 24 annexed to this Report. 2.10 CAPITAL EXPENDITURE. The actual capital expenditure for 2020 financial year was N49,860,350,473.01 as against the estimated Capital Expenditure of N70,793,770,665.91. The details are shown in the Accountant-General’s Note 10 and 11 annexed to this Report. 2.11 STATEMENT OF INCOME AND EXPENDITURE The total receipt for 2020 financial year was N119,854,791,716.24 which included the opening cash balance of N15,869,626,028.73 brought forward from 2019 financial year while the sum of N115,883,214,423.05 was expended on recurrent and capital costs leaving a balance of N3,971,577,293.19. The details are shown below: 9 INCOME N N 15,869,626,028.73 Cash/Cash Equivalent as at 1st Jan, 2020 Statutory Allocation 43,785,194,134.18 Internally Generated Revenue 17,745,568,485.66 Value Added Tax 14,731,706,876.51 Other Statutory Allocation (ECA, ETC) 5,500,000,000.00 Aids and Grants 12,776,611,292.41 Internal Loans 8,063,955,646.75 External Loans 1,382,129,252.00 TOTAL INCOME 119,854,791,716.24 EXPENDITURE RECURRENT: Personnel Costs 22,104,605,257.73 Overhead Costs 6,620,218,609.46 Consolidated Revenue Fund Charges 7,657,837,302.59 Other Recurrent Expenditure 29,524,244,280.26 Subvention to Parastatals 115,958,500.00 SUB-TOTAL 66,022,863,950.04 CAPITAL: Administrative Sector 14,896,397,428.26 Economic Sector 20,851,462,471.04 Law & Justice Sector 15,500,000.00 Regional Development Sector 2,539,521,285.71 Social Sector 3,708,658,012.10 Other Capital Expenditure: Funded from 7,848,811,275.90 Aids and Grant SUB – TOTAL 49,860,350,473.01 LESS: Total Expenditure 115,883,214,423.05 Cash/Cash Equivalent as at 31st 3,971,577,293.19 Dec, 2019 The details of Cash/Cash Equivalent of N3,971,577,293.19 maintained at the Treasury Headquarters as at 31st December, 2020 were as shown below: 10 N Cash at Banks 3,506,669,506.18 Below the line Accounts: Cash held by MDAs 2,253,355,869.26 Future Generation Fund 2,467,496,185.82 Deposits (7,558,776,379.78) Advances 13,969,300,512.79 External Loans 1,382,129,252.00 Internal Loans 8,063,955,646.75 State Bonds 1,220,383,502.33 3,971,577,293.19 11 PART III STATEMENT OF ASSETS AND LIABILITIES 3.0 ASSETS. 3.1 CASH AT BANK- N3,506,669,506.18 The bank balances of N3,506,669,506.18 represent various Cash Book balances maintained at the Treasury Headquarters. This amount is the difference between 13 (Thirteen) overdrawn (Dr) accounts amounting to N16,448,017,521.73 and the total credit balances of N19,954,687,027.91 held in the remaining 158 (One hundred and fifty- Eight) accounts. 3.2 INVESTMENTS FUTURE GENERATION FUND: N2,467,496,185.82 The Accountant-General’s published balance on the Investment Account is as shown below: N Balance B/f (Investment/Deductions of N50m from Statutory 3,687,912,157.60 Allocations to 31st December, 2020) Add: State contribution (January-December, 2020) 80,000,000.00 Add: Actual Returns: 1st Quarter, 2020 – N9,150,358.42 2nd Quarter 2020 – N36,737,402.53 3rd Quarter 2020 – N80,302,089.55 4th Quarter 2020 – N178,734,838.76 304,924,689.26 Less: Withdrawals: Management fee - 105,340,661.04 Amount withdrawn (as approved by the House of Assembly) - 1,500,000,000.00 1,605,340,661.04 TOTAL: 2,467,496,185.82 The Reserve Fund accrued N2,467,496,185.82 as at 31st December,2020. This is a decrease in the Reserve Fund Net Asset 12 Value (NAV) of 33.09% from N3,687,912,157.60 as at the beginning of January, 2020 to N2,467,496,185.82. The report presented by Ministry of Finance Incorporated showed that the Reserved Fund had a Net Asset Value of N2,467,496,185.82 only as at 31st December 2020. The report equally showed that for the period under review N1,500,000,000.00 was withdrawn from the Reserved Fund. There was a contravention of the provisions of the Reserved Fund Law by the State and Local Governments. While State Government contributed N80,000,000.00 instead of N600,000,000.00, the Local Governments did no not contribute to Reserved Fund. The State and Local Governments were required by law to contribute N600,000,000 and N216,000,000 respectively to the Reserved Fund annually. 3.3 ADVANCES- N13,969,300,512.79 This published figure represents cumulative advances granted to sundry staff of Cross River State Government under Welfare Scheme and Special Advances. The figure was not reconciled with the details on the subsidiary records since they were not made available to Audit. The details are shown in Note 17 annexed to this report. LIABILITIES PUBLIC FUNDS: 3.4 CONSOLIDATED REVENUE FUND- N3,168,917,549.57. The published figure of N3,168,917,549.57 represents the total credit balance in the Consolidated Revenue Fund Account as at 31st December, 2020. The details are as follows: 13 N N Opening Balance as at January, 2020 5,429,312,003.26 Add: Statutory Revenue Allocation 43,785,194,134.18 Other Statutory Allocation 5,500,000,000.00 Value Added Tax 14,731,706,876.51 Internally Generated Revenue 17,745,568,485.66 Total Recurrent Revenue 87,191781,499.61 Less: Personnel Costs 22,104,605,257.73 Overhead Costs 6,620,218,609.49 Consolidated Revenue Fund Charge 7,657,837,302.59 Subvention to Parastatals 115,958,500.00 Other Recurrent Revenue 29,524,244,280.26 Total Recurrent Expenditure 66,022,863,950.04 Excess Revenue over Expenditure: 21,168,917,549.57 Transfer to Capital Development Fund 18,000,000,000.00 Closing balance as at 31st December 2019 3,168,917,549.57 3.5 CAPITAL DEVELOPMENT FUND N802,659,743.82 The credit balance of N802,659,743.82 represents a net surplus of Capital Expenditure over Capital Receipts for the year ended 31st December, 2020. The details are as shown below: N N Opening Balance as at January, 2020 10,440,314,025.67 Add: Capital Receipts Transfer from Consolidated Revenue Fund 18,000,000,000.00 Internal Loans 8,063,955,646.75 External Loans 1,382,129,252.00 Aids and Grants 12,776,611,292.41 Total Capital Receipts 50,663,010,216.83 Less: Capital Expenditure Administrative Sector 14,896,397,428.26 14 Economic Sector 20,851,462,471.04 Law & Justice Sector 15,500,000.00 Regional Sector 2,539,521,285.71 Social Service Sector 3,708,658,012.10 Other Capital Expenditure: Funded from Aids and 7,848,811,275.90 Grants 49,860,350,473.01 Closing Balance as at 31st December, 2020 802,659,743.82 15 PART IV (A) – OTHER INFORMATION 4.0 OTHER INFORMATION: 4.1 INDEBTEDNESS RECOVERABLE FROM TERMINAL BENEFITS IN 2020: N24,702,237.34 The sum of N24,702,237.34 was recovered from the terminal benefits of retirees in the course of verifying their retirement documents. The recoveries are in respect of various infractions including overdrawn salaries, unpaid advances and loans such as housing and computer advances as well as bank loans. The Accountant-General has been requested to effect the deductions accordingly. 4.2 2020 BUDGET PERFORMANCE DETAILS BUDGET 2020 ACTUAL 2020 VARIANCE 2020 PERFOR N N N MANCE (%) Recurrent 78,560,936,872.85 81,762,469,496.35 3,201,532,623.50 Revenue 104.08 Capital 70,793,770,668.85 40,222,696,191.16 (30,571,074,477.69 ) Receipts 43.18 Sub-total 149,354,707,541.70 121,985,165,687.51 (27,369,541,854.19 ) 81.67 Recurrent 76,293,478,208.00 66,022,863,950.04 10,270,614,257.96 86.53 Expenditure Capital 70,793,770,665.91 49,860,350,473.01 20,933,420,192.90 70.43 Expenditure Sub-total 147,087,248,873.91 115,883,214,423.05 31,204,034,450.86 78.79 4.3 CONTRACTUAL LIABILITIES. The contractual Liabilities of N 93,196,710,418.00 do not form part of the Financial Statements for 2020. It is a memorandum record maintained by the State Accountant–General showing the outstanding 16 contractual liabilities of Cross River State as at 31st December 2020. The contracts awarded and executed are listed below: S/N NATURE OF CONTRACT BALANCE AGE RANGE 1 Bridges 33,458,457,434.22 1999-2016 2 Consultancy services 6,829,518,758.04 2008-2016 3 Drainage, Flood & Erosion 1,949,175,339.88 2001-2014 4 Electrification/Street 2,194,733,413.11 2003-2013 Lighting 5 Production of Master Plans 325,417,719.79 2001-2013 6 Ranch/Tourism 1,032,026,174.17 2001-2012 7. Tinapa Project 2,554,460,000.00 2005-2007 8. MDGs, Construction & 20,311,742,165.11 2000-2019 Renovation of MDAs 9. Supply & Installation of 679,681,629.83 2008-2012 Equipment in CRBC 10. Drilling of Boreholes 263,274,513.04 2000-2010 11. Poverty Alleviation (MOA) 175,513,402.81 2000-2002 12. Instructional Materials 232,779,671.72 2005-2018 13. Purchase of Government 86,560,800.00 2007-2009 Vehicles 14 Judgment Debt 1,159,550.00 2005 15. sundry 23,102,209,846.28 2000-2018 TOTAL 93,196,710,418.00 4.4 RATIOS OF CURRENT TOPICAL ISSUES 1. Internally Generated Revenue to Recurrent Expenses: IGR_________ = 17,745,568,485.66 = 0.27: 1 Recurrent Expenses 66,022,863,950.04 2. Remittance Compliance: Actual IGR = 17,745,568,485.66x 100 = 85.62% Budgeted IGR 20,725,030,427 1 3. Emolument: Personnel cost = 22,104,605,257.73 x 100 = 18.00% Total Actual Exp. 115,883,214,423.05 1 17 4. Running Cost: Overhead Cost = 6,620,218,609.46 x 100 = 5.71% Total Actual Exp. 115,883,214,423.05 1 5. Development: Capital Cost = 49,860,350,473.01 x 100 = 43.03% Total Actual Exp. 115,883,214,423.05 1 6. Expenditure Budget Performance: Total Actual Exp. Cost = 115,883,214,423.05 x 100 = 78.79% Total Budgeted Exp. 147,087,248,873.91 1 7. Revenue Budget Performance: Total IGR = 17,745,568,485.66 x 100 = 11.88% Total Bud. Revenue 149,354,707,541.70 1 4.5 SECTORIAL PERFORMANCE S/N SECTOR ACTUAL(N) PERFORMANCE % 1. ECONOMIC 20,851,462,471.04 20,851,462,471.04 X 100 49.63 42,011,539,197.11 1 2. SOCIAL 3,708,658,012.10 3,708,658,012.10 X 100 8.83 42,011,539,197.11 1 3. REGIONAL 2,539,521,285.71 2,539,521,285.71 X 100 6.04 42,011,539,197.11 1 DEVELOPMENT 4. ADMINISTARTIVE 14,896,397,428.26 14,896,376,428.26 X 100 35.46 42,011,539,197.11 1 5. LAW & JUSTICE 15,500,000.00 15,500,000 X 100 0.04 42,011,539,197.11 1 TOTAL 42,011,539,197.11 100 18 PART IV (B) – OTHER INFORMATION 4.0 BUREAU OF PUBLIC PRIVATE PARTNERSHIP (BPPP) 4.1 REVENUE NOT PAID INTO BANK N100,000:00 The Cashier, Mr. Edem Offiong issued receipt amounting to the sum of N100,000:00 (One hundred thousand naira) being registration fee but the money could not be traced to any government revenue account and no cogent explanation was given for the abnormally. 4.2 ILLEGAL COLLECTION OF FEE The sum of N1,100,000:00 ( One Million, one hundred thousand naira) was illegally collected from partners as registration fee was not paid to any government Revenue Account. The Director – General Mr. Udiba Udiba spent the said sum without any authorization. 5.0 AUDIT OF SECONDARY SCHOOLS 5.1 REVENUE NOT LODGED N307,300:00 Two Principals collected revenue amounting to N307,300:00 but did not lodge same into designated government revenue account as detailed below; S/N NAMES OF PRINCIPAL NAME OF SCHOOL AMOUNT (N) Government Secondary 1. Dr. Samuel Ekpata (rtd) School, Barracks road 13,000:00 Government Secondary 2. Rev. (Dr.) Atim Ita (rtd) School, Greek Town 294,300:00 TOTAL 307,300:00 19 6.0 MANAGEMENT DEVELOPMENT INSTITUTE 6.1 REVENUE NOT LODGED N184,500:00 The sum of N184,500:00 ( One hundred and eighty-four thousand, five hundred naira) being revenue in respect of the issuance of certificates between the years 2015 – 2016 was not lodged into the bank by the then Accountant Mr. Innocent Adie in contravention of Part II, section 15 of the Edit No. 7 of 1989 establishing the institute. 6.2 WITHDRAWALS UNACCOUNTED FOR N914,000:00 The sum of N914,000:00 (Nine hundred and fourteen thousand) purportedly withdrawn for the payment of non-payroll workers could not be accounted for by the then Accountant Mr. Innocent Adie. This transaction was not entered into the Institute’s Cashbook neither were payment vouchers raised to document it. 7.0 INSTITUTE OF TECHNOLOGY AND MANAGEMENT, UGEP 7.1 NON-REMITTANCE OF NATIONAL HOUSING FUND DEDUCTIONS BY THE BURSAR: N1,597,535.40 The 2016 – 2018 National Housing Fund (NHF) deductions from Staff emoluments amounting to N1,597,535.40 (One Million, five hundred and ninety-seven thousand, five hundred and thirty-five naira forty kobo) was not remitted to the Federal Mortgage Bank. 8.0 MINISTRY OF JUSTICE 8.1 MISUSE OF ESTATE ACCOUNT N5,278,000:00 The sum of N5,278,000:00 (Five Million, two hundred seventy-eight thousand naira) being unauthorized I.O.U obtained by the Attorney – General is yet to be refunded. The sum of N23,378,000:00 ( Twenty- three thousand , three hundred seventy-eight naira) was initially 20 withdrawn from the Estate Account from which N18,100,000:00 had been refunded remaining the outstanding sum of N5,278,000:00 8.2 UNRETIRED ADVANCES N131,415,013:00 The sum of N131,415,013:00 (One hundred thirty-one Million, four hundred and fifteen thousand, and thirteen naira) stands as unretired advances given to sundry staff for the procurement of various services as detailed below; S/N YEAR AMOUNT (N) 1. 2018 120,706,013:00 2. 2019 10,709,000:00 TOTAL 131,415,013:00 9.0 MINISTRY OF LANDS AND URBAN DEVELOPMENT 9.1 UNRETIRED EXPENDITURE N24,050,000:00 The sum of N24,050,000:00 (Twenty-four Million and fifty thousand naira) incurred as expenditure for various transactions was not retired by the ministry. The Accountant, Dr. Peter Ukalala could not explain why the expenditures’ retirement is still outstanding. Details are shown below; MINISTRY OF LANDS AND URBAN DEVELOPMENT UNRETIRED EXPENDITURE 2018 S/N MONTH PAYMENT PAYEE PARTICULARS AMOUNT VOUCHERS N NUM Gersh Part of rent 7 plot Henshaw & costing at 9, State 5,200,000:00 March, MLD/INT/7/2018 1. 2018 Co. Estate Housing Estate & Service Co. Gersh Payment for Henshaw & miscellaneous 4,350,000:00 June, 2018 MLD/INT/17/2018 21 2. Co. Estate expenses and other Service logistics Payment of Perm. traditional rites 5,000,000:00 May, 2018 MLD/INT/15/2018 3. Sect. performing to Land (Ekaba at Idundun Obase) Payment of rent on Emmanuel property on Asitu 2,000,000:00 Nov. 2018 MLD/INT/53/2018 4. Nta Avenue Calabar. Henshaw Compensation for the demolition of 8 5. Feb. 2018 MLD/INT/02/2018 Mnono bedroom 5,000,000:00 Ogar uncompleted Agbor building behind the (Mrs) power plant Resident accommodation fee 6. May. 2018 MLD/INT/13/2018 Bar. for rent at Ministry 2,500,000:00 George of Agro city Abang development Ekpangu TOTAL 24,050,000:00 10.0 MINISTRY OF INTERNATIONAL DEVELOPMENT CORPORATION 10.1 UNAUTHORIZED WITHDRAWAL BY MR. INNOCENT ADIE N999,000:00 The sum of N999,000:00 (Nine hundred and ninety-nine thousand naira) was withdrawn from the MDA without approvals by the 22 Accountant Mr. Innocent Adie who till date is unable to provide such relevant authorization to support the withdrawals. 10.2 UNRETIRED EXPENDITURE N107,295,000:00 Expenditure amounting to N107,295,000:00 (One hundred and seven Million, two hundred and ninety-five thousand naira) was not retired by Mr. Innocent Adie. 10.3 PAYMENT VOUCHERS NOT PRE-AUDITED N108,259,000:00 Payment Vouchers amounting to N108,259,000:00 (One hundred and eight Million, two hundred and fifty-nine thousand naira) were not presented to the internal Auditor for prepayment Audit. 11.0 UNIVERSITY OF CROSS RIVER (FORMERLY CRUTECH) 11.1 NON-REMITTANCE OF STATUTORY DEDUCTIONS: N530,257,072.20 The sum N530,257,072.20 (Five hundred and thirty Million, two hundred and fifty-seven thousand and seventy-two naira, twenty kobo) being deduction from monthly emolument were not remitted to the relevant designated recipients as at 31/12/2019 as summarized below; ITEMS AMOUNT (N) Deductions brought forward from 240,205,991.97 2018 Add: 2019 deduction. 520,958,070.73 Total due in 2019 761,164,062.70 23 Less Remittance in 2019 (230,906,990.50) Outstanding as at 31/12/2019 530,257,072.20 11.2 UNAUTHORIZED SPENDING N5,250,000:00 The sum of N5,250,000:00 (Five Million, two hundred thousand naira) was incurred in respect of the Vice Chancellor security vote without the ratification of the approval by the visitor of the university. Details as summarized below; S/N YEAR AMOUNT(N) 1. 2018 3,600,000:00 2. 2019 1,650,000:00 TOTAL 5,250,000:00 11.3 WITHDRAWALS WITHOUT DEBIT MANDATES: N290,195,290.96 The sum of N290,195,290.96 (Two hundred and ninety Million, one hundred and ninety-five thousand, two hundred and ninety naira ninety-six kobo) was withdrawn from various banks without relevant mandates. The details are shown below; S/N BANK YEAR AMOUNT 1. EcoBank Plc 2018 14,334,504.48 2. EcoBank Plc 2019 211,319,571.48 3. Crutech Micro Finance Bank 2018 49,833,715:00 Ltd. 4. Crutech Micro Finance Bank 2019 14,707,500:00 Ltd. TOTAL 290,195,290.96 24 11.4 UNRECOVERED ASSETS N390,000:00 Six (6) Note book Omatec Laptop Computers worth N390,000:00 (Three hundred and ninety thousand naira) were issued to Federal Auditors in December 2018 by the Bursary department and not recovered. 11.5 DEFECT IN THE OWNERSHIP STRUCTURE OF CRUTECH CONSULT The ownership structure of the Crutech Consult, ltd a subsidiary of the University reveals that the former Vice Chancellor, Professor Effiom EneObong owns 45% of the shares in his personal capacity. The University authority had been adamant in spite of the Auditor-General’s advice to regularize this abnormally in favour of the university since 2016. 12.0 CROSS RIVER BROADCASTING CORPORATION (CRBC) 12.1 OUTSTANDING INDEBTEDNESS FROM CREDIT SALES N228,278,714.48 The sum of N228,278,714.48 (Two hundred and twenty-eight Million, two hundred and seventy-eight thousand, seven hundred and fourteen naira forty-eight kobo) was outstanding from CRBC debtors for contracts and services executed by the corporation overtime. The details are shown below: 25 CROSS RIVER BROADCASTING CORPORATION, CALABAR STATEMENTS OF TRADE RECEIVABLE (DEBTORS) AS AT THE YEAR 31ST DECEMBER, 2019 S/N COMPANY BAL. AS AT SALES CUMMULATIV PAYMENT CLOSING BAL. 2018 (A) (B) E 2019 (C) (A+B)-C) (A+B) 1. PHD NIG. LTD 3,751,058.22 6,174,335.51 9,925,393.73 2,339,555.73 7,585,838.00 UNIVERSAL 2. MCCAAN 7,563,430.57 431,082.50 7,994,513.07 - 7,994,513.07 ALL SEASONS 3. MEDIA 52,170,939.57 8,380,793.98 60,551,733.55 5,341,245.29 55,210,488.26 4. MEDIA REACH 52,022,016.34 14,661,404.22 66,683,420.56 3,968,692.40 62,714,728.16 5. CAPITAL MEDIA 3,653,574.03 - 3,653,574.03 - 3,653,574.03 MEDIA 6. PERSPECTIVE 13,428,629.21 3,527,606.20 16,956,235.45 4,437,886.77 12,518,348.68 7. GLOBAL COMM 3,278,760.03 4,886,437.50 8,165,197.53 3,839,062.50 4,326,135.03 SHAREMOND/M 8. AINSHIL 6,991,714.22 - 6,991,714.22 - 6,991,714.22 9. MEDIA SHARE 3,250,842:00 - 3,250,842.00 - 3,250,842.00 10. MAXI MEDIA 6,118,495.74 4,069,4562 10,187,947.74 1,149,205.30 9,038,742.44 11 FUSE MEDIA 14,756,395.35 759,096.73 15,515,492.08 3,690,671.15 11,824,820.93 12 BRAND FIRST RES. 6,520,227.02 360,230.15 6,880,457.87 - 6,880,457.87 13 NOAH’S ARK - MEDIA 1,161,034.31 1,161,034.31 - 1,161,034.31 14 SMIDE COMM. 7,833,9423.48 465,528 8,299,470.48 - 8,299,470.48 15 MEDIA STAMP 1,165,352.56 121,826.25 1,287,178.81 299,880.00 987,298.81 16 AD VALUE 893,712.13 - 893,712.13 - 893,712.13 17 ALGORITHM MEDIA 3,673,064.59 1,178,614.33 4,851,678.92 - 4,851,678.92 18 82 IDEAS COMM 178,142.00 - 178,142.00 - 178,142.00 19 ZEE MEDIA 123,643.18 - 123,643.18 49,000.00 74,643.18 FEBOR AND - 20 FIRST MEDIA 2,212,039.02 2,212,039.02 - 2,212,039.02 21 ADLOGIC MEDIA 381,089.15 - 381,089.15 - 381,089.15 TECHNOXPERTS 22 SURED 436,216.25 102,000.00 538,216.25 - 538,216.25 TANGENT - 23 MEDIAS LTD 374,278.00 374,278.00 - 374,278.00 24 PLUS SYSTEM - RES. 261,055.81 40,608.75 301,664.56 301,664.56 REUR HOUSE 25 MEDIA 83,538.08 44,982.00 128,520.08 - 128,520.08 FULL PAGE - 26 INTL. COM 2,610,562.37 2,610,562.37 644,750.00 1,965,812.37 27 SCOUT MEDIA - 1,229,579.40 1,229,579.40 - 1,229,579.40 28 ATIKU - - CAMPAIGN 85,345.31 85,345.31 85,345.31 PRIME - - 29 CONCEPT LTD 236,250.00 236,250.00 236,250.00 30 COLITY - NETWORK 1,143,956.57 1,143,956.57 700,00.00 443,956.57 31 RED STAR - 2,956,537.50 2,956,537.50 - 2,956,537.50 32 INTENCITY - 26 MEDIA 1,354,460.00 1,354,460.00 1,132,200.00 222,260.00 33 MEDIA CARAT - 2,694,719.50 2,694,719.50 - 2,694,719.50 34 ALDREICH - 554,880.00 554,880.00 - 554,880.00 COMM 35 IRS - 1,233,000.00 1,233,000.00 - 1,233,000.00 BREAKTHROUG - 36 H ACTIONS 5,914,500.00 5,914,500.00 4,021,500.00 1,893,000.00 37 VIZEUNM NIG. - - LTD 605,608.00 605,608.00 605,608.00 38 WONDER - 122,800.86 122,800.86 - 122,800.86 SHARE 39 MONDELES - 455,794.17 455,794.17 - 455,794.17 INTL. 40 DSL - 263,969.37 263,969.37 - 263,969.37 41 SBI MEDIA - 217,770.00 217,770.00 - 217,770.00 42 PEACOCK - 447,678.00 447,678.00 - 447,678.00 MEDIA 43 FC BOP - 277,763.85 277,763.85 - 277,763.85 PARTNER 44 - 9,538,884.25 9,538,884.25 4,021,500.00 5,517,384.25 192,283,189.86 67,609,173.76 259,892,363.62 31,613,649.14 228,278,714.48 TRADE PAYABLES (CREDITOR) S/N A B C D E A+D A+D-B 1. 141 WORLDWIDE 326,977.50 - 533,527.50 206,550.00 533,527.50 MEDIA 2. STARCOM. MEDIA 1,463,267.79 - 1,463,267.79 - 1,463,267.79 3. FUEL - 473,382.00 681,670.00 681,670.00 208,288.00 COMMUNICATION 1,790,245.29 473,382.00 2,678,465.29 888,220.00 2,205,083.29 27 PART V-GENERAL 5.1 RENOVATION OF ZONAL OFFICES The procurement process for the renovation of our dilapidated Offices in Ugep, Ikom and Ogoja was concluded. We had hoped to implement the activity before the expiration of the 2020 financial year but funds were not released. The condition of these Offices is most deplorable. 5.2 TRAINING As a professional Office, we cannot over-emphasize the importance of training and retraining of our personnel. Due to lack of funding we were unable to undertake capacity building training during the year under review. However, the SLOGOR (State and Local Governance Reform Project) European Union-funded and World Bank-managed intervened and some staff were trained. 5.3 LACK OF MOTOR VEHICLES There is dire need to increase the number of motor vehicles because the three available are grossly inadequate to meet up with critical audit assignments. 5.4 ACKNOWLEDGEMENT I wish to appreciate all Government functionaries for their support in the course of carrying out my constitutional duties. I wish to express 28 29 PART VI - AUTHORITIES FOR EXPENDITURE 1.0 LEGAL APPROPRIATION 1.1 The Cross River State of Nigeria Appropriation Law 2019 was enacted by the House of Assembly, assented to by His Excellency, the Governor of Cross River State and made effective from 1st January, 2020. 1.2 The Cross River State Revised Appropriation Law 2020 was enacted by the Cross River State House of Assembly. 2.0 ESTIMATES 2.1 The Estimates for 2020 financial year were approved in accordance with Section 121 of the Constitution of the Federal Republic of Nigeria 1999. 3.0 WARRANTS 3.1 The following 2020 expenditure warrants were signed by His Excellency the Governor of Cross River State on 21st January, 2020: (i) Annual General Warrant 2020. of 21st January, 2020. (ii) Development Fund General Warrant 2020 of 21st January, 2020. (iii) Statutory Expenditure Warrant 2020 of 21st January, 2020. 30 31 32 STATEMENT OF ACCOUNTING POLICIES (IPSAS CASH) ISSUED BY OFFICE OF THE ACCOUNTANT-GENERAL OF CROSS RIVER STATE 2020 33 List of Abbreviations/Acronyms Abbreviation/Term Description CBN Central Bank of Nigeria COA Chart of Account FAAC Federation Accounts Allocation Committee FGN Federal Government of Nigeria FRC Financial Reporting Council GAAP Generally Accepted Accounting Principles GPFS General Purpose Financial Statement IPSAS International Public Sector Accounting Standards LFN Law of the Federal Republic of Nigeria MDA Ministries, Departments and Agencies NCOA National Chart of Account GBE Government Business Enterprises FRCON Financial Reporting Council of Nigeria OAG Office of the Accountant General PPE Properties, Plants and Equipment S/N Supplementary Notes 34 Introduction In line with the adoption of the International Public Sector Accounting Standards (IPSAS) in Nigeria, a Standardised Chart of Account (COA) alongside a set of General Purpose Financial Statements (GPFS) have been designed and introduced by FAAC for adoption by all tiers of Government in Nigeria. The standardised COA and the GPFS is hereby adopted by Cross River State Government to comply with FAAC directive to harmonise public sector accounts reporting in Nigeria. In order to ensure an effective and efficient utilization of the COA and GPFS, the Accounting Policies have been developed as a set of guidelines to direct the Processes and Procedures relating to financial reporting in Cross River State. These policies shall form part of the universally agreed framework for financial reporting in Cross River State. IPSAS Cash Basis of Accounting The IPSAS Cash Basis of Accounting recognizes transactions and events only when Cash (including Cash Equivalents) is received or paid by the MDAs. GPFS prepared under the IPSAS Cash Basis provide readers with information about the sources of Cash raised during the period, the purposes for which Cash was used and the Cash balances at the reporting date. The measurement focus in the GPFS balances are Cash and changes during the period. Therefore, Bank Reconciliation Statement shall form integral part of periodic Reports in Cross River State. 35 Notes to the GPFS provide additional information about liabilities, including payables and borrowings, and non-cash assets that include receivables, investments and property, plant and equipment. This Accounting Policy addresses the following fundamental accounting issues: 1. Definition of Accounting Terminologies 2. Recognition of Accounting Items 3. Measurement of Accounting Items 4. Treatment of Accounting items The Accounting Policy is subject to periodic reviews and updates as shall be deemed necessary by the Accountant-General of Cross River State. S/N Accounting Policies: 1 Accounting Terminologies / Definitions I. Accounting policies are the specific principles, bases, conventions, rules and practices adopted by the Cross River State Government in preparing and presenting Financial Statements. II. Cash: Cash comprises cash in hand, demand deposits in financial institutions and cash equivalents. III. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. IV. Cash basis means a basis of accounting that recognizes transactions and other events only when cash is received or paid. 36 S/N Accounting Policies: V. Cash flows are inflows and outflows of cash. Cash flows exclude movements between items that constitute cash as these components are part of the cash management of the government rather than increases or decreases in the cash position controlled by government. VI. Cash receipts are cash inflows. VII. Cash payments are cash outflows. VIII. Cash Controlled by Cross River State Government: Cash is deemed to be controlled by Cross River State Government when the government can freely use the available cash for the achievement of its objectives or enjoy benefit from the cash, and can also exclude or regulate the access of others to that benefit. Cash collected by, or appropriated or granted to the government which the government can freely use to fund its operating objectives, such as acquiring of capital assets or repaying its debt is controlled by the government. IX. Government Business Enterprise means a department or agency that has all the following characteristics: ➢ Is an entity with the power to contract in its own name; ➢ Has been assigned the financial and operational authority to carry on a Business; ➢ Sells goods and services, in the normal course of its business, to other MDAs and the general public at a profit or full cost recovery; ➢ Is not reliant on continuing government funding or subvention to remain a going concern (other than purchases of outputs at arm’s length); and 37 S/N Accounting Policies: ➢ Is controlled by a public sector management or the government. X. Notes to the GPFS shall include narrative descriptions or more detailed schedules or analyses of amounts shown on the face of the GPFS, as well as additional information 2 General Purpose Financial Statements (GPFS) The GPFS comprise of Statement of Cash Receipts and Payments and other statements that disclose additional information about the Cash Receipts, Payments and Balances controlled by Cross River State Government, and Accounting Policies and Notes to the Financial Statements. In Cross River State, the GPFS Accounting Policy include the following: I. Statement 1- Cash Flow Statements: Statement of Cash Receipts and Payments which: ▪ recognizes all Cash Receipts, Cash Payments and Cash Balances controlled by the State government; and ▪ separately identifies payments made by third parties on behalf of the State government. II. Statement 2- Statement of Assets and Liabilities: Statement of Financial Position (also known as Balance Sheet); III. Statement 3- Statement of Consolidated Revenue Fund: Statement Recurrent Financial Performance (also known as Profit & Loss Account); IV. Statement 4- Statement of Capital Development Fund: Statement of Capital Financial Performance (also known as 38 S/N Accounting Policies: Capital Expenditure); V. Notes to the Accounts: Additional disclosures to explain the GPFS; and VI. Accounting Policies and Explanatory Notes. 3 Basis of Preparation and Legal Provisions The GPFS are prepared under the historical cost convention and in accordance with International Public Sector Accounting Standards (IPSAS) and other applicable standards as defined by the Fiscal Responsibility Law (FRL) and the Financial Reporting Council of Nigeria. In addition, GPFS are in compliance with the provisions of other financial regulations of the State. 4 Fundamental Accounting Concepts The following fundamental accounting concepts are taken as the basis of preparation of all accounts and reporting in ……. State: • Cash Basis of Accounting; • Understability; • Materiality, • Relevance; • Going Concern Concept; • Consistency Concept • Prudence • Completeness, etc. 5 Accounting Period 39 S/N Accounting Policies: The accounting year (fiscal year) is from 1st January to 31st December. Each accounting year is divided into 12 calendar months (periods) and shall be set up as such in the accounting system. 6 Reporting Currency The General Purpose GPFS are prepared in Nigerian Naira. 7 MDA for Consolidation  The Consolidation of the GPFS are based on the Cash transactions of all Ministries, Department and Agencies (MDAs) of Cross State Government except Government Business Enterprises (GBEs). 8 Comparative Information  The General Purpose GPFS shall disclose all numerical information relating to previous period (at least one year). 9 Budget Figures  These are figures from the approved annual budget and supplementary budget as approved in accordance with the Appropriation Law of Cross River State. 10 Receipts • These are Cash inflows within the Financial Year. They comprise of receipts from Statutory Allocations (FAAC monthly disbursement), Taxes, External Assistance (from Bilateral and Multilateral Agencies), Other Aid and Grants, Other Borrowings, Capital Receipts (Sale of Government Assets, etc.), Receipts from Trading activities and Other Cash Receipts. 40 S/N Accounting Policies: • These items shall be disclosed at the face of the Statement of Cash Receipts and Payment for the year in accordance with the standardised GPFS. Notes shall be provided as per standardised Notes to GPFS. 11 External Assistance • Receipts from Loans are Funds received from external sources to be paid back at an agreed period of time. They are categorised either as Bilateral or Multilateral. • External Loans receipts shall be disclosed separately under Statement of Cash Receipts and Payment for the year. 12 Other Borrowings / Grants & Aid Received  These shall be categorised as either Short or Long term Loans. Short-Term Loans are those repayable within one calendar year (12 months), while Long-Term Loans and Debts shall fall due beyond one calendar year (above 12 months). Loans shall be disclosed separately and Grants shall also be separately disclosed under Statement of Cash Receipts and Payment for the year. 13 Interest Received • Interest actually received during the financial year shall be treated as a receipt under item ‘Other Receipts’. 14 Government Business Activities Cash Receipts from Trading Activities shall be received net (after deducting direct expenses) unless otherwise provided for by law or policy in force. Total receipts from all trading activities shall be 41 S/N Accounting Policies: disclosed in the Statement of Cash Receipts and Payments under ‘Trading Activities’ item. Where gross revenue is received, corresponding payments shall be charged under a corresponding payment item head ‘Government Business Activities’ in the Statement of Receipts and Payments. 15 Payments  These are Recurrent and Capital Cash Outflows made during the financial year and shall be categorised either by Function and/or by Sector in the Statement of Cash Receipts and Payment.  Payments for purchase of items of capital nature (e.g. PPE) shall be expensed in the year in which the item has been purchased. It shall be disclosed under capital payments. Investments in PPE shall also be treated in the same way as Capital Purchases. At the end of the financial year, a schedule of assets shall be provided as part of the Notes to GPFS. 16 Loans Granted:  Payments to other Government and Agencies in form of Loans during the year shall be shown seperately in the Statement of Receipts and Payments. Amount disclosed shall be actual amount paid during the year. 17 Loan Repayments Cash receipts from loans granted to other agencies and government shall be classified under loan repayments in the Statement of Receipts and Payments. Amount disclosed shall be actual amount received during the year. 42 S/N Accounting Policies: 18 Interest on Loans:  Actual Interest on loans and other bank commissions charged on Bank Accounts during the year shall be treated as payments and disclosed under interest payment in the Statement of Cash Receipts and Payments 19 Foreign Currency Transactions:  Foreign Currency Transactions throughout the year shall be converted into Nigerian Naira at the ruling (Central Bank of Nigeria –CBN) rate of exchange at the dates of the transactions. Foreign currency balances, as at the year end, shall be translated at the exchange rates prevailing on that date.  At the end of the financial year, additional amounts (in cash or at bank) arising out of Foreign Exchange Gains/Losses shall be recognised in the Statement of Cash Receipts and Payments either as Receipts / Payments respectively. 20 Prepayments  Prepaid expenses are amounts paid in advance of receipt of goods or services and are charged directly to the respective expenditure item. 21 Investments:  Cash Payments made for investment purposes such as purchase of Government Stock, Treasury Bills and Certificates of Deposit, are Capital Costs and are disclosed as purchase of Financial Instruments or may be given an appropriate name as the case may be. They are separately disclosed in the GPFS (Statement of 43 S/N Accounting Policies: Receipts and Payments) under capital payments. 22 Leases • Cash Payment for Finance Leases, which effectively transfer to the Government substantially all the risks and benefits incidental to ownership of the leased item, are treated as capital payments and disclosed in the Statement of Cash Receipts and payments • Operating lease cash payments, where the lessors effectively retain substantially all the risks and benefits of ownership of the leased items, are treated as operating expenses. 23 Cash Balances This includes Cash in Hand, at Bank and Cash Equivalents at the end of the Financial year. 24 Advances All Cash Advances shall be retired before the end of the financial year. However should circumstances occur (including an Emergency) where either an advance is given out close to the financial year end or an advance already given could not be accounted for, such an advance (or balance outstanding) shall be treated as cash equivalent since there shall be no proof that such funds have been utilised. 44 45 46 1 STATEMENT NO. 1 CROSS RIVER STATE GOVERNMENT OF NIGERIA CASHFLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER, 2020 ANNUAL BUDGET 2020 NOTESACTUAL YEAR 2020 PREVIOUS YEAR 2019 N N N CashFlows from Operating Activities: Receipts: 26,565,994,812.00 Statutory Allocations:FAAC 1 43,785,194,134.18 41,406,205,692.24 12,475,174,025.00 Value Added Tax Allocation 1 14,731,706,876.51 11,565,185,317.55 18,794,737,608.85 Other Statutory Allocations (ECA, etc.) 1 5,500,000,000.00 12,634,817,566.77 57,835,906,445.85 Sub-total - Statutory Allocation 64,016,901,010.69 65,606,208,576.56 Internally Generated Revenue (IGR): 11,737,178,364.00 Direct Taxes 2 9,628,824,408.56 19,818,344,123.20 167,712,820.00 Licences 2 1,134,302,244.45 113,667,735.21 7,724,217,534.00 Fees 2 6,932,741,867.48 4,095,402,633.18 0.00 Fines 2 - - 73,162,340.00 Sales 2 40,601,046.17 2,000,000.00 1,022,759,369.00 Earnings 2 9,098,919.00 64,428,015.41 0.00 Sales/Rent of Government Buildings 2 - - 0.00 Sales/Rent on Lands and others 2 - - 0.00 Interest Earned 2 - - 20,725,030,427.00 Sub-total - Internally Generated Revenue 17,745,568,485.66 24,093,842,507.00 0.00 Other Revenue 0.00 Other Revenue 3 - - 78,560,936,872.85 Total Receipts 81,762,469,496.35 89,700,051,083.56 Payments: 42,614,259,156.00 Personnel Costs ( Including Salaries on CRF Charges): 4 22,104,605,257.73 19,469,910,426.21 - Government Contribution to Pension 5 - - 32,036,930,406.08 Overhead Charges 6 6,620,218,609.46 25,770,995,543.46 - 7 Consolidated Revenue Fund Charges ( Incl. Service Wide Votes) 7,657,837,302.59 5,393,112,477.57 1,642,288,645.92 Subvention to Parastatals 8 115,958,500.00 1,886,807,350.00 76,293,478,208.00 Total Payments 36,498,619,669.78 52,520,825,797.24 2,267,458,664.85 Net Cash Flow from Operating Activities 45,263,849,826.57 37,179,225,286.32 CashFlows from Investment Activities: (10,411,329,136.00) Capital Expenditure:Administrative Sector: 11 (14,896,397,428.26) 2,563,279,324.33 (14,496,130,871.00) Capital Expenditure: Economic Sector: 11 (20,851,462,471.04) 13,921,851,983.50 (390,288,831.00) Capital Expenditure: Law and Justice: 11 (15,500,000.00) - (7,062,000,698.00) Capital Expenditure:Regional Development 11 (2,539,521,285.71) 9,198,756,585.05 (28,631,340,529.91) capital expenditure: Social Service Sector: 11 (3,708,658,012.10) 709,175,053.81 (9,802,680,600.00) Capital Expenditure: Funded from Aid and Grants: SUP.3 (7,848,811,275.90) 2,618,985,624.25 (70,793,770,665.91) Net Cash Flow from Investment Activities: (49,860,350,473.01) 29,012,048,570.94 CashFlows from Financing Activities: (24,099,000,000.00) Proceeds from Aid and Grants 10 12,776,611,292.41 2,618,985,624.25 - Proceeds from ExernaL Loan : 19 1,382,129,252.00 - Proceeds from Internal Loans: FGN/Treasury Bonds : 20 - - - Proceeds from InternaL Loan: NTBs etc 21 . - - Proceeds from Development of Nat Resources 23 - - (39,000,000,000.00) Proceeds of Loans from Other Funds 24 8,063,955,646.75 15,649,645,374.69 - Repayment of External Loans ( Including Servicing) 19 13,306,994,931.45 1,324,680,731.34 - Repayment of FGN/Treasury Bonds : 20 2,027,363,452.32 12,937,487,942.52 - Repayment of Internal Loan-NTBs 21 - - Repayment of Loans from Development of Nat Resources 23 - - Repayment of Loans from Other Funds 24 14,189,885,896.49 4,286,166,879.20 (63,099,000,000.00) Net Cash Flow from Financing Activities: (7,301,548,089.10) (279,704,554.12) Movement in Other Cash Equivalent Accounts - (Increase)/ Decrease in Investments - - - Net (Increase)/Decrease in Other Cash Equivalents: - - - Total Cashflow from other Cash equivalent Accounts - - (131,625,312,001.06) Net Cash for the year (11,898,048,735.54) 7,887,472,161.26 - Cash & Its Equivalent as at 1st January, 2020 15,869,626,028.73 7,982,153,867.47 - Cash & Its Equivalent as at 31st December, 2020**** 3,971,577,293.19 15,869,626,028.73 The Accompanying Notes form part of these Statements Name and Signature of --------------------------------------------------- Accountant-General of Cross River State Note: ***Cash and cash Equivalent should agree with Cash and Cash Equivalent in Statement 2 2 STATEMENT NO. 2 CROSS RIVER STATE GOVERNMENT OF NIGERIA STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER, 2020 NOTES CURRENT YEAR 2020 PREVIOUS YEAR 2019 N N ASSETS:- Liquid Assets:- Cash Held by STATE ACCOUNTANT GENERAL: 0.00 0.00 -CRF Bank Balance(CBN/ CRF Bank): 0.00 0.00 -Pension Account (CBN/ Bank): 0.00 0.00 -Other Bank of the Treasury 27 3,506,669,506.18 3,638,362,044.16 -Cash Balances of Trust & Other Funds of the FGN/ States/LGC: 12 0.00 -Cash Balances with Federal Pay Offices/ Sub-Treasury: 13 0.00 Cash Held by Ministries, Department & Agencies:- 14 2,253,355,869.26 2,132,827,693.96 Remmitances 13A 0.00 0.00 Cash -in - Transit:- 13 B 0.00 0.00 TOTAL LIQUID ASSETS 5,760,025,375.44 5,771,189,738.12 Investments and Other Cash Assets: Federal/ State/ Local Government Investments 15 2,467,496,185.82 3,687,912,157.60 Imprests:- 16 0.00 0.00 Advances:- 17 13,969,300,512.79 13,969,300,512.79 Revolving Loans Granted:- 18 0.00 Intangible Assets 0.00 0.00 TOTAL INVESTMENTS AND OTHER CASH ASSETS 16,436,796,698.61 17,657,212,670.39 TOTAL ASSETS 22,196,822,074.05 23,428,402,408.51 LIABILITIES:- PUBLIC FUNDS Consolidated Revenue Fund: 3,168,917,549.37 5,429,312,003.06 Capital Development Fund: 802,659,743.82 10,440,314,025.67 Trust & Other Public Funds: 0.00 0.00 Police Reward Fund 0.00 0.00 TOTAL PUBLIC FUNDS (CASH&CASH EQUIVALENT|) 3,971,577,293.19 15,869,626,028.73 EXTERNAL AND INTERNAL LOANS External Loans:FGN/States/ LGC 19 1,382,129,252.00 0.00 FGN/ States/LGC Bonds & Treasury Bonds. 20 1,220,383,502.33 0.00 Nigerian Treasury Bills (NTB) 21 0.00 0.00 Development Loan Stock 22 0.00 0.00 Other Internal Loans( Promissory Notes) 23 0.00 0.00 Internal Loans from Other Funds 24 8,063,955,646.75 0.00 TOTAL EXTERNAL AND INTERNAL LOANS 10,666,468,401.08 0.00 OTHER LIABILITIES Deposits:- 25 7,558,776,379.78 7,558,776,379.78 TOTAL LIABILITIES 22,196,822,074.05 23,428,402,408.51 The Accompanying Notes form part of these Statements Name and Signature of --------------------------------------------------- Accountant-General of Cross River State 4 STATEMENT NO. 3 CROSS RIVER STATE GOVERNMENT OF NIGERIA STATEMENT OF CONSOLIDATED REVENUE FUND FOR THE YEAR ENDED 31ST DECEMBER, 2020 VARIANCE ACTUAL PREVIOUS INITIAL/ORIGINAL REVISED BUDGET ON FINAL YEAR(2019) NOTES ACTUAL YEAR 2O20 FINAL BUDGET 2020 BUDGET 2020 2020 BUDGET N N N N % 6,798,422,270.00 Opening Balance: 5,429,312,003.06 7,694,770,668.85 7,694,770,668.85 ADD: REVENUE 41,406,205,692.24 Statutory Allocations:FAAC 1 43,785,194,134.18 26,565,994,812.00 48,507,295,685.01 26,565,994,812.00 164.82 11,565,185,317.55 Value Added Tax Allocation 1 14,731,706,876.51 12,475,174,025.00 12,000,000,000.00 12,475,174,025.00 118.09 12,634,817,566.77 Other Statutory Allocation (ECA, etc.) 1 5,500,000,000.00 18,794,737,608.85 1,313,803,536.00 18,794,737,608.85 0 65,606,208,576.56 Sub-Total - Statutory Allocation 64,016,901,010.69 57,835,906,445.85 61,821,099,221.01 57,835,906,445.85 110.69 Internally Generated Revenue (IGR) 19,818,344,123.20 Direct Taxes 2 9,628,824,408.56 11,737,178,364.00 14,671,472,554.00 11,737,178,364.00 82.04 113,667,735.21 Licences 2 1,134,302,244.45 167,712,820.00 509,681,096.00 167,712,820.00 82.04 4,095,402,633.18 Fees 2 6,932,741,867.48 7,724,217,534.00 31,278,171,294.37 7,724,217,534.00 89.75 0.00 Fines 2 - 0.00 472,871,295.04 0.00 #DIV/0! 2,000,000.00 Sales 2 40,601,046.17 73,162,340.00 21,983,426,585.02 73,162,340.00 55.49 64,428,015.21 Earnings 2 9,098,919.00 1,022,759,369.00 2,090,026,745.14 1,022,759,369.00 0.89 0.00 Sales/Rent of Government Buildings 2 0.00 0.00 5,300,000.00 0.00 #DIV/0! 0.00 Sale/Rent on Lands and Others 2 0.00 0.00 365,431,958.25 0.00 #DIV/0! 0.00 Repayment:General 2 0.00 0.00 0.00 0.00 0.00 0.00 Investment Income 2 0.00 0.00 - 0.00 0.00 0.00 Interest Earned 2 0.00 0.00 8,265,048.00 0.00 #DIV/0! 0.00 Re-Imbursements[Miscellaneous] 2 0.00 0.00 - 0.00 0.00 24,093,842,506.80 Sub-Total - Internally Generated Revenue (IGR) 17,745,568,485.66 20,725,030,427.00 71,384,646,575.82 20,725,030,427.00 85.62 3 0.00 Other Revenue Sources of Cross River State Government 0.00 0.00 0.00 96,498,473,353.36 TOTAL REVENUE: 87,191,781,499.41 78,560,936,872.85 133,205,745,796.83 78,560,936,872.85 110.99 LESS:EXPENDITURE ADMINISTRATION COSTS: 19,469,910,426.21 4 Personnel Costs ( Including Salaries on CRF Charges): 22,104,605,257.73 42,614,259,156.00 33,102,604,140.09 42,614,259,156.00 51.87 0.00 Government Contribution to Pension 5 - 0.00 0.00 0.00 0.00 25,770,995,543.46 Overhead Charges 6 6,620,218,609.46 32,036,930,406.08 115,995,185,428.04 32,036,930,406.08 20.66 5,393,112,477.57 7 Consolidated Revenue Fund Charges ( Incl. Service Wide Votes) 7,657,837,302.59 0.00 38,999,645,719.13 0.00 #DIV/0! 1,886,807,350.00 Subvention to Parastatals 8 115,958,500.00 1,642,288,645.92 0.00 1,642,288,645.92 7.06 52,520,825,797.24 Sub Total - Administration Costs 36,498,619,669.78 76,293,478,208.00 188,097,435,287.26 76,293,478,208.00 47.84 OTHER RECURRENT PAYMENTS/EXPENDITURE/FINANCE: 1,324,680,731.34 Repayments:External Loans 19 13,306,994,931.45 0.00 0.00 0.00 0.00 12,937,487,942.52 Repayments:Bonds & Treasury Bonds. 20 2,027,363,452.32 0.00 0.00 0.00 - 0.00 Repayments :Nigerian Treasury Bills (NTB) 21 - 0.00 0.00 0.00 0.00 0.00 Repayments:Development Loan Stock 22 - 0.00 0.00 0.00 0.00 0.00 Repayments:Other Internal Loans( Promissory Notes)23 - 0.00 0.00 0.00 0.00 4,286,166,879.20 Repayments:Internal Loans from Other Funds 24 14,189,885,896.49 0.00 0.00 0.00 0.00 18,548,335,553.06 Sub Total - Other Recurrent Payments/Finance Costs 29,524,244,280.26 0.00 0.00 0.00 0.00 71,069,161,350.30 TOTAL EXPENDITURE: 66,022,863,950.04 76,293,478,208.00 188,097,435,287.26 76,293,478,208.00 86.54 25,429,312,003.06 OPERATING BALANCE: 21,168,917,549.37 2,267,458,664.85 (54,891,689,490.43) 2,267,458,664.85 933.60 APPROPRIATIONS/TRANSFERS: 20,000,000,000.00 Transfer to Capital Development Fund: 9 18,000,000,000.00 7,694,770,668.85 (68,205,493,026.43) 7,694,770,668.85 233.93 5,429,312,003.06 Closing Balance: 3,168,917,549.37 (5,427,312,004.00) 13,313,803,536 (5,427,312,004.00) -58.39 The Accompanying Notes form part of these Statements Name and Signature of --------------------------------------------------- Accountant-General of Cross River State 5 STATEMENT NO. 4 CROSS RIVER STATE GOVERNMENT OF NIGERIA STATEMENT OF CAPITAL DEVELOPMENT FUND FOR THE YEAR ENDED 31ST DECEMBER, 2020 ACTUAL PREVIOUS NOTES TOTAL CAPITAL FINAL INITIAL/ORIGINAL REVISED VARIANCE ON FINAL YEAR (2019) EXPENDITURE 2020 BUDGET 2020 BUDGET 2020 BUDGET 2020 BUDGET N N N N N 1,183,731,597.67 Opening Balance: 10,440,314,025.67 ADD: REVENUE 20,000,000,000.00 Transfer from Consolidated Revenue Fund: 9 18,000,000,000.00 7,694,770,668.85 -68,205,493,026.43 7,694,770,668.85 10,305,229,331.15 2,618,985,624.25 Aid and Grants 10 12,776,611,292.41 24,099,000,000.00 749,214,172,060.55 24,099,000,000.00 (11,322,388,707.59) 0 External Loans:FGN, etc. 19 1,382,129,252.00 23,626,681,050.00 1,382,129,252.00 0 FGN Bonds & Treasury Bonds 20 - - 0 Nigerian Treasury Bills (NTB) 21 0 Development Loan Stock 22 - - 0 Other Internal Loans( Promissory Notes) 23 - Other Revenue 0 - 93,081,908,779.70 - - 15,649,645,374.69 Internal Loans from Other Funds 24 8,063,955,646.75 39,000,000,000.00 100,000,000,000.00 39,000,000,000.00 (30,936,044,353.25) 39,452,362,596.61 TOTAL REVENUE AVALIABLE: 50,663,010,216.83 70,793,770,668.85 897,717,268,863.82 70,793,770,668.85 (30,571,074,477.69) LESS: CAPITAL EXPENDITURE 2,563,279,324.33 Capital Expenditure:Administrative Sector: 11 14,896,397,428.26 10,411,329,136.00 110,173,636,386.25 10,411,329,136.00 (4,485,068,292.26) 13,921,851,983.50 Capital Expenditure: Economic Sector: 11 20,851,462,471.04 14,496,130,871.00 491,375,373,006.48 14,496,130,871.00 (6,355,331,600.04) - Capital Expenditure: Law and Justice: 11 15,500,000.00 390,288,831.00 2,176,033,873.42 390,288,831.00 374,788,831.00 9,198,756,585.05 Capital Expenditure:Regional Development 11 2,539,521,285.71 7,062,000,698.00 136,327,737,403.66 7,062,000,698.00 4,522,479,412.29 709,175,053.81 Capital Expenditure: Social Service Sector: 11 3,708,658,012.10 28,631,340,529.91 172,018,291,730.02 28,631,340,529.91 24,922,682,517.81 2,618,985,624.25 Capital Expenditure: Funded from Aid and Grants: 7,848,811,275.90 9,802,680,600.00 9,802,680,600.00 1,953,869,324.10 29,012,048,570.94 TOTAL CAPITAL EXPENDITURE: 49,860,350,473.01 70,793,770,665.91 912,071,072,399.83 70,793,770,665.91 20,933,420,192.90 0 Intangible Assets 10,440,314,025.67 CLOSING BALANCE: 802,659,743.82 2.94 -14,353,803,536.01 2.94 The Accompanying Notes form part of these Statements Name and Signature of --------------------------------------------------- Accountant-General of Cross River State 15 CROSS STATE GOVERNMENT OF NIGERIA NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31ST DECEMBER, 2020 NOTE Details Ref. Note Amount Amount 1 A- Share of Statutory Allocation from FAAC N N Net Share of Statutory Allocation from FAAC A 24,229,952,308.46 Add :Deduction at source for Loan Repayment B 19,555,241,825.72 43,785,194,134.18 Share of Statutory Allocation - Other Agencies C Share of Other Statutory Allocation (ECA, etc.) D - 5,500,000,000.00 Total(GROSS) FAAC Allocation to Cross River State 49,285,194,134.18 B. Value Added Tax Share of Value Added Tax (VAT) E 14,731,706,876.51 2 Internally Generated Revenue (Independent Revenue) Actual Budget Variance Direct Taxes INTERNAL REVENUE SERVICE 9,628,824,408.56 11,737,178,364.00 (2,108,353,955.44) Total - Direct Taxes 9,628,824,408.56 11,737,178,364.00 (2,108,353,955.44) Licences INTERNAL REVENUE SERVICE 1,134,302,244.45 167,712,820.00 966,589,424.45 Total Licences 1,134,302,244.45 167,712,820.00 966,589,424.45 Fees INTERNAL REVENUE SERVICE 3,496,901,946.29 2,401,528,960.00 (1,095,372,986.29) DEPT OF COCOA AND DEVELOPMENT 215,590,880.00 280,732,000.00 (65,141,120.00) MINISTRY OF AGRICULTURE & NATURAL RESOURCES 6,689,850.00 8,000,000.00 (1,310,150.00) CRS FORESTRY COMMISSION 33,743,640.00 50,050,000.00 (16,306,360.00) MINISTRY OF CLIMATE CHANGE 45,636,200.00 2,000,000.00 43,636,200.00 CRS TOURISM DEVELOPMENT 64,895.00 15,000,000.00 (14,935,105.00) MEDA 4,914,700.00 4,914,700.00 Ministry of Industry 74,976,500.00 3,000,000.00 71,976,500.00 MINISTRY OF SOLID MINERALS 665,000.00 50,000,000.00 (49,335,000.00) ACCOUNTANT GENERAL 14,793,073.64 345,378,202.95 (330,585,129.31) Hawkers Right Agency 10,000.00 - 10,000.00 CTRA 8,740,400.00 67,800,000.00 (59,059,600.00) CRISSA 21,661,367.00 120,000,000.00 (98,338,633.00) DOPT 23,771,164.00 57,360,842.00 (33,589,678.00) MINISTRY OF WORKS 130,000.00 5,500,000.04 (5,370,000.04) Department of Motor Vehicle Administration(VIO) 9,535,500.00 - 9,535,500.00 Hualage City Management Board 3,385,200.00 - 3,385,200.00 ADULT AND NON FORMAL EDUCATION 122,000.00 1,056,506.00 (934,506.00) CRUTECH 1,760,629,474.41 1,590,086,687.00 170,542,787.41 COLLEGE OF EDUCATION 15,721,490.00 143,936,110.00 (128,214,620.00) ITM UGEP 622,600.00 29,940,400.00 (29,317,800.00) CRS MANAGEMENT DEVELOPMENT INSTITUTE 1,015,200.00 3,915,200.00 (2,900,000.00) MINISTRY OF EDUCATION 128,818,712.00 156,050,000.00 (27,231,288.00) SECONDARY EDUCATION BOARD 210,710,450.00 528,000,000.00 (317,289,550.00) TECHNICAL EDUCATION BOARD 11,621,678.00 40,500,000.00 (28,878,322.00) Ministry of Health Headquarters 8,445,380.00 51,301,000.00 (42,855,620.00) COLLEGE OF HEALTH TECHNOLOGY 10,984,000.00 117,748,753.00 (106,764,753.00) CENTRAL SCHOOL OF NURSING OGOJA 3,043,000.00 7,295,000.00 (4,252,000.00) COTTAGE HOSPITAL OBAN 353,005.00 2,438,398.00 (2,085,393.00) 15 COTTAGE HOSPITAL AKPET CENTRAL 4,964,750.00 8,477,291.00 (3,512,541.00) CRS EYECARE PROGRAMME CALABAR 7,342,610.09 13,614,682.00 (6,272,071.91) CRS EYECARE CLINIC OBANLIKU 2,133,330.00 5,851,556.00 (3,718,226.00) CRS EYECARE PROGRAMME OGOJA 4,584,799.06 7,342,399.00 (2,757,599.94) LAWERENCE HENSHAW MEMORIAL HOSPITAL CAL 3,052,630.00 6,000,001.00 (2,947,371.00) EJA MEMORIAL ITIGIDI 5,079,893.00 7,922,855.00 (2,842,962.00) GENERAL HOSPITAL AKAMKPA 6,796,307.73 9,299,730.00 (2,503,422.27) GENERAL HOSPITAL CALABAR 104,692,114.40 134,863,241.00 (30,171,126.60) GENERAL HOSPITAL OBANLIKU 20,540,982.00 10,360,800.00 10,180,182.00 GENERAL HOSPITAL OBUBRA 11,099,975.37 7,470,000.00 3,629,975.37 GENERAL HOSPITAL OGOJA 51,327,022.86 27,550,000.00 23,777,022.86 GENERAL HOSPITAL OKPOMA 5,204,998.00 4,850,000.00 354,998.00 GENERAL HOSPITAL UGEP 25,966,759.08 32,042,000.00 (6,075,240.92) GOVERNMENT DENTAL CENTER 1,692,566.00 3,147,500.00 (1,454,934.00) LUTHERAN HOSPITAL YAHE 165,860.00 61,451,215.00 (61,285,355.00) RANCH MEDICAL CENTER OBUDU 837,515.00 1,878,309.00 (1,040,794.00) SCHOOL OF MIDWIFERY CALABAR 1,208,000.00 8,000,000.00 (6,792,000.00) SCHOOL OF MIDWIFERY OGOJA 833,000.00 2,000,000.00 (1,167,000.00) SCHOOL OF MIDWIFERY OBUDU 4,476,000.00 11,120,210.00 (6,644,210.00) SCHOOL OF NURSING CALABAR 1,238,000.00 10,000,000.00 (8,762,000.00) SCHOOL OF NURSING ITIGIDI 1,982,000.00 19,802,000.00 (17,820,000.00) ST JOSEPH HOSPITAL AKPABUYO 2,549,350.00 2,365,000.00 184,350.00 CRBC CALABAR 24,441,281.03 100,000,000.00 (75,558,718.97) CRBC IKOM 3,818,300.00 7,214,580.00 (3,396,280.00) CRS INSFRASTRUCTURE AND REGULATORY AGENCY 36,175,000.00 100,000,000.01 (63,825,000.01) MINISTRY OF INFORMATION 103,500.00 3,000,000.00 (2,896,500.00) SPORTS COMMISSION 440,000.00 14,330,000.00 (13,890,000.00) MINISTRY OF SUSTAINABLE DEVELOPMENT GOALS 4,698,224.40 MIISTRY OF YOUTH DEV. ORIENTATION & SPORT 360,000.00 360,000.00 CRS WATER BOARD 10,677,045.41 10,677,045.41 RURAL WATER SUPPLY & SANITATION AGENCY 25,000.00 8,500,000.00 MINISTRY OF WATER RESOURCES 210,000.00 2,500,000.00 (2,290,000.00) BORDER COMMUNITY DEVELOMENT COMMISSION 92,600.00 2,000,000.00 (1,907,400.00) CALABAR URBAN DEV. AGENCY (CUDA) 150,000.00 2,000,000.00 (1,850,000.00) CRSGIA 90,075,443.66 500,000,000.00 (409,924,556.34) CRS DEVELOPMENT CONTROL AGENCY 80,023,500.00 20,000,000.00 60,023,500.00 MINISTRY OF ENVIRONMENT 4,693,700.00 40,866,000.00 (36,172,300.00) OBUDU URBAN DEV. AGENCY 18,000.00 2,905,642.00 (2,887,642.00) MINISTRY OF LANDS & HOUSING 130,451,638.24 50,000,000.00 80,451,638.24 BUDGET MONITORING & EVALUATION DEPT. 5,000.00 OFFICE OF SURVEYOR GENERAL 12,156,448.41 16,160,000.00 (4,003,551.59) OGOJA URBAN DEV. 70,000.00 2,000,000.00 (1,930,000.00) UGEP URBAN DEV. 79,000.00 2,301,294.00 (2,222,294.00) WASTE MANAGEMENT AGENCY 7,241,000.00 16,346,000.00 (9,105,000.00) CIVIL SERVICE COMMISSION 5,000.00 950,000.00 (945,000.00) CRS JUDICIARY MULTIDOOR COURT HOUSE 137,860.00 1,500,000.00 (1,362,140.00) CRS JUDICIARY CUSTOMARY COURT APPEAL 728,160.00 2,500,000.00 (1,771,840.00) CRS FIRE SERVICE 2,651,000.00 5,380,000.00 (2,729,000.00) CRS HOUSE OF ASSEMBLY 92,045.08 CRS JUDICIARY 46,970,071.59 60,000,000.00 (13,029,928.41) CRS INDEPENDENT ELECTORAL COMMISSION 5,000,000.00 15,000,000.00 (10,000,000.00) DEPT OF CIVIL SOCIETY 270,000.00 270,000.00 DEPT OF CULTURE & HERITAGE 500,000.00 9,232,000.00 (8,732,000.00) DUE PROCESS 52,609,800.00 90,000,000.00 (37,390,200.00) LOCAL GOVT. SERVICE COMMISSION 1,500,000.00 2,350,000.00 (850,000.00) MINISTRY OF JUSTICE 34,767,481.73 15,000,000.00 19,767,481.73 OFFICE OF THE AUDITOR GENERAL LG 102,000.00 13,500,000.00 (13,398,000.00) MINISTRY OF RURAL TRANSFORMATION, ESTABLISHMENT & TRAINING 110,000.00 110,000.00 OFFICE OF THE HEAD OF SERVICE 210,000.00 300,000.00 (90,000.00) OFFICE OF THE SECRETARY TO THE GOVERNMENT 18,000.00 18,000.00 15 JSC JUDICIAL SERVICE COMMISSION 3,000,000.00 (3,000,000.00) CRSCC CARNIVAL COMMISSION 6,000,000.00 (6,000,000.00) CAD CHIEFTANCY AFFAIRS DEPARTMENT 3,080,000.00 (3,080,000.00) MOCT MINISTRY OF COMMUNICATION TECHNOLOGY 6,000,000.00 (6,000,000.00) MOWA MINISTRY OF WOMEN AFFAIRS 11,895.00 (11,895.00) EDP ESSENTIA;L DRUGS PROGRAMME 10,000,000.00 (10,000,000.00) MSWCD MINISTRY OF SOCIAL WELFARE & COMM. DEV. 18,500,000.00 (18,500,000.00) GENDER & DEVELOPMENT UNIT 7,014,000.00 (7,014,000.00) IUDA IKOM URBAN DEVELOPMENT AUTHORITY 1,249,275.00 (1,249,275.00) CRADP AGRICULTURAL DEVELOPMENT PROGRAMME 3,500,000.00 (3,500,000.00) CRPC CRS PRIVATIZATION COUNCIL 5,000,000.00 (5,000,000.00) CRSTB CRS TOURISM BUREAU 10,000,000.00 (10,000,000.00) MFED MORTGAGE FINANCE AND ESTATE DEPARTMENT 5,000,000.00 (5,000,000.00) SAGO SPECIAL ADVISER, GOVERNOR's OFFICE/EVENT MGT 22,000,000.00 (22,000,000.00) MOC MINISTRY OF COMMERCE 44,000,000.00 (44,000,000.00) Total Fees 6,932,741,867.48 7,724,217,534.00 791,475,666.52 Earnings INTERNAL REVENUE SERVICE S/N 4 9,098,919.00 1,022,759,369.00 1,013,660,450.00 Total Earnings 9,098,919.00 1,022,759,369.00 1,013,660,450.00 Sales INTERNAL REVENUE SERVICE 38,601,046.17 71,162,340.00 32,561,293.83 MINISTRY OF AGRICULTURE & NATURAL RESOURCES 2,000,000.00 2,000,000.00 - Total Sales 40,601,046.17 73,162,340.00 32,561,293.83 3 Other Revenue Sources of ... State Government: - - - Total Other Revenue Sources - - - 4 A - Total Personnel Costs ( Including Salaries directly charged to CRF in Note 4B below): Actual Total Budget Variance List of MDA: Administrative Sector 3,094,604,736.09 5,628,001,411.00 2,533,396,674.91 List of MDA: Economic Sector 6,189,266,472.17 10,092,410,047.00 3,903,143,574.83 List of MDA: Law and Justice Sector 1,342,276,315.45 2,796,997,133.00 1,454,720,817.55 Lis of MDA: Regional Sector 85,009,050.60 2,094,281,906.00 2,009,272,855.40 List of MDA: Social Sector 11,393,448,683.42 22,002,568,659.00 10,609,119,975.58 Total Personnel Cost 22,104,605,257.73 42,614,259,156.00 20,509,653,898.27 B- Salaries directly charged to CRF( included in Note 4A above) List of Parastatals and Agencies: Judges of High Court of ... State - - - Judges of Customary Court of Appeal - - - Auditor -General for ... State 4,990,824.12 4,999,999.99 9,175.87 Auditor -General for Local Government 4,990,824.12 4,999,999.99 9,175.87 DSIEC Chairman and Commissioners 2,014,379,974.74 3,899,000,000.02 1,884,620,025.28 - Total 2,024,361,622.98 3,909,000,000.00 1,884,638,377.02 15 5 Employers Contribution to Pension according to Sector Actual Total Budget Variance List of MDA: Administrative Sector 0 0 0 List of MDA: Economic Sector 0 0 0 List of MDA: Law and Justice Sector 0 0 0 Lis of MDA: Regional Sector 0 0 0 List of MDA: Social Sector 0 0 0 Total Employers Contribution to Pension 0 0 0 6 Overhead Costs S/N 5 Actual Total Budget Variance List of MDA: Administrative Sector 4,089,883,475.90 21,726,927,915.00 17,637,044,439.10 List of MDA: Economic Sector 1,480,240,238.51 4,238,043,207.00 2,757,802,968.49 List of MDA: Law and Justice Sector 282,857,238.34 471,789,281.00 188,932,042.66 Lis of MDA: Regional Sector 19,552,088.73 1,784,690,511.00 1,765,138,422.27 List of MDA: Social Sector 747,685,567.98 3,815,479,492.08 3,067,793,924.10 Total Overhead Cost 6,620,218,609.46 32,036,930,406.08 25,416,711,796.62 7 Consolidated Revenue Fund Charges ( Incl. Service Wide Votes) Actual Total Budget Variance Pension and Gratuity-Civil Servants 7,657,837,302.59 - (7,657,837,302.59) Total Consolidated Revenue Fund Charges 7,657,837,302.59 - (7,657,837,302.59) 8 Subventions to Parastatals (According to Sectors-List) Actual Total Budget Variance List of MDA: Administrative Sector - - - List of MDA: Economic Sector - - - List of MDA: Law and Justice Sector - - - Lis of MDA: Regional Sector - - List of MDA: Social Sector 115,958,500.00 1,642,288,645.92 1,526,330,145.92 Total Subventions to Parastatals 115,958,500.00 1,642,288,645.92 1,526,330,145.92 9 Transfer to Capital Development Fund ( According to Sectors) Actual Total Budget Variance List of MDA: Administrative Sector - - - List of MDA: Economic Sector 18,000,000,000.00 7,694,770,668.85 10,305,229,331.15 List of MDA: Law and Justice Sector - - - Lis of MDA: Regional Sector - - - List of MDA: Social Sector - - - Total Transfer to Capital Development Fund 18,000,000,000.00 7,694,770,668.85 10,305,229,331.15 10 Details of Aid & Grants Received Actual Total Budget Variance Bilateral S/N 3 12,776,611,292.41 24,099,000,000.00 11,322,388,707.59 Multi Lateral - - - ETC - - - Total Details of Aid & Grants Received 12,776,611,292.41 24,099,000,000.00 11,322,388,707.59 11 A - Details of Total Capital Expenditures (According to Sectors) Actual Total Budget Variance List of MDA: Administrative Sector 14,896,397,428.26 10,411,329,136.00 (4,485,068,292.26) List of MDA: Economic Sector 20,851,462,471.04 24,298,811,471.00 3,447,348,999.96 List of MDA: Law and Justice Sector 15,500,000.00 390,288,831.00 374,788,831.00 15 Lis of MDA: Regional Sector 2,539,521,285.71 7,062,000,698.00 4,522,479,412.29 List of MDA: Social Sector 3,708,658,012.10 28,631,340,531.00 24,922,682,518.90 Total Details of Capital Expenditures 42,011,539,197.11 70,793,770,667.00 28,782,231,469.89 B - Details of Capital Expenditures of Parastatals (Included in 11A`above) Actual Total Budget Variance List of MDA: Administrative Sector 0 0 0 List of MDA: Economic Sector 0 0 0 List of MDA: Law and Justice Sector 0 0 0 Lis of MDA: Regional Sector 0 0 0 List of MDA: Social Sector 0 0 0 Total Details of Capital Expenditures of Parastatals 0 0 0 12 CLOSING BOOK BALANCES OF OTHER FUNDS OF THE GOVERNMENT Amount 2020 Amount 2019 List all the Other Funds Cash Book Balances 0 0 CLOSING CASH BOOK BALANCE OF TREASURY PAY 13 OFFICES/SUB-TREASURY OFFICES Amount 2020 Amount 2019 List all the SPO/Sub-Treasuries Cash Book Balances CLOSING CASH BOOK BALANCE OF MINISTRIES, DEPARTMENTS ( 14 By Sectors) Amount 2020 Amount 2019 List of MDA: Administrative Sector - 164,653,400.00 List of MDA: Economic Sector 2,253,355,869.26 364,146,979.56 List of MDA: Law and Justice Sector - 36,610,000.00 Lis of MDA: Regional Sector - 469,268,781.90 List of MDA: Social Sector - 1,098,148,532.50 Total Details of Cash Book Balances 2,253,355,869.26 2,132,827,693.96 15 INVESTMENTS Amount 2020 Amount 2019 Investments in Quoted Companies Investments in unQuoted Companies FGF- Future Generation Fund 2,467,496,185.82 3,687,912,157.60 Loans to Government Companies 0 0 Loans to Other Government 0 0 Total Investments 2,467,496,185.82 3,687,912,157.60 16 LIST OF OUTSTANDING IMPRESTS Amount 2020 Amount 2019 List of MDA: Administrative Sector 0 0 List of MDA: Economic Sector 0 0 List of MDA: Law and Justice Sector 0 0 Lis of MDA: Regional Sector 0 0 List of MDA: Social Sector 0 0 Total Outstanding Imprests 0 0 17 LIST OF OUTSTANDING ADVANCES Amount 2020 Amount 2019 List of MDA: Administrative Sector - - List of MDA: Economic Sector 13,969,300,512.79 13,969,300,512.79 List of MDA: Law and Justice Sector - - Lis of MDA: Regional Sector - - List of MDA:Social Sector - - 15 Total Outstanding Advances 13,969,300,512.79 13,969,300,512.79 18 Revolving Loan Account List the Loans Balance as at 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 Loan 1 0 0 0 0 Loan 2 0 0 0 0 Loan 3 0 0 0 0 Loan 4 0 0 0 0 Total 0 0 0 0 19 External Loans:FGN/States/ LGC List the Loans Balance as at 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 AFD1 CRS-NAT. Urban Water Sector Reform 3,507,692,307.40 0 332,373,088.74 3,175,319,218.66 AFD1 CRS-NAT. Urban Water Sector Reform 3,653,846,155.60 0 846,153,844.40 4,500,000,000.00 AFD1 CRS-NAT. Urban Water Sector Reform 3,507,692,307.40 0 992,307,692.60 4,500,000,000.00 AFD1 CRS-NAT. Urban Water Sector Reform 3,507,692,307.40 0 992,307,692.60 4,500,000,000.00 AFD1 CRS-NAT. Urban Water Sector Reform 1,368,000,000.00 0 387,000,000.00 1,755,000,000.00 AFDB CRS-First Multi State Water Supply Project - 0 109,019,587.50 109,019,587.50 AFDB CRS-First Multi State Water Supply Project - 0 42,311,461.50 42,311,461.50 AFDF CRS-First Muti State Water Supply ADF (27.72%) DE 212,120,228.26 0 38,875,353.74 250,995,582.00 AFDF CRS-First Muti State Water Supply ADF (27.75%) DE 19,798,780.10 0 3,628,165.90 23,426,946.00 AFDF CRS-First Muti State Water Supply ADF (27.75%) DE 303,207,418.80 0 71,133,194.70 374,340,613.50 AFDF CRS-First Muti State Water Supply ADF (27.75%) DE 268,427,490.08 0 49,194,718.42 317,622,208.50 AFDF CRS-Rural Access and Mobility Proj. 40,773,148.80 0 8,852,063.70 49,625,212.50 IDA CRS-Community Based Poverty Reduction 3,188,801,820.62 0 566,054,469.88 3,754,856,290.50 IDA CRS-HIV/AIDS Programme 1,443,206,545.28 0 246,688,165.72 1,689,894,711.00 IDA- Health Systems Development 278,391,312.92 0 58,331,100.58 336,722,413.50 IDA CRS-2nd Nat. Urban Water Sector Reform 15,080,814,263.66 0 2,639,539,234.84 17,720,353,498.50 IDA CRS-State Governance and Capacity Programme 1,852,393,296.96 0 357,750,212.04 2,210,143,509.00 IDA CRS-3rd Nat. Fadama Development 2,467,179,016.34 0 441,115,318.66 2,908,294,335.00 IDA CRS-Commercial Agricultural Development 8,305,744,719.40 0 1,546,510,087.10 9,852,254,806.50 IDA CRS-Erosion and Watershed Mgt. Proj. 19,980,772,633.06 0 3,483,176,781.44 23,463,949,414.50 AFD CRS-Nat. Prog.for Food Security (SNPFD) 3,719,797,550.00 1,382,129,252.00 - 2,337,668,298.00 IFAD CRS-Community Based Natural Resource 434,797,968.61 0 94,672,697.39 529,470,666.00 EXIM BANK CRS-Exim Bank of India Line of Credit - 0 - 8,306,257,122.00 Total 73,141,149,270.69 1,382,129,252.00 13,306,994,931.45 92,707,525,894.66 20 FGN/Bonds & Treasury Bonds List the Loans Balance as at 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 State Bond 1,220,383,502.33 - 2,027,363,452.32 3,247,746,954.65 Total 1,220,383,502.33 - 2,027,363,452.32 3,247,746,954.65 21 Nigerian Treasury Bills (NTB) Amount 2020 Amount 2019 Opening balance as at 1st January 0 0 Add: Additional NTB Issued 0 0 15 Less: NTB Repaid 0 0 Loans as at 31st December, 2019 0 0 22 Development Loan Stock List the Loans Balance as at 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 Loan 1 0 0 0 0 Loan 2 0 0 0 0 Loan 3 0 0 0 0 Loan 4 0 0 0 0 Total 0 0 0 0 23 Other Internal Loans( Promissory Notes) Balance as at 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 List the Loans: Loan 1 0 0 0 0 Loan 2 0 0 0 0 Loan 3 0 0 0 0 Loan 4 0 0 0 0 Total 0 0 0 0 24 Internal Loans from Other Funds List the Loans Balance as at 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 SkyBank Bail Out Fund 6,837,238,329.38 - 53,226,515.76 6,890,464,845.14 UBA Commercial Agricultural Credit 981,821,275.29 1,501,106,724.76 2,482,928,000.05 CBN Budget Support 17,492,185,161.39 700,000,000.00 100,665,787.54 16,892,850,948.93 Zenith Bank - TATA Africa Services 1,711,147,521.29 2,256,166,223.44 1,095,059,411.92 550,040,709.77 UBA - HYUNDI 332,212,152.37 513,292,895.33 296,673,884.32 115,593,141.36 Zenith Bank - Contract Financing - 51,138,470.45 51,138,470.45 Zenith Bank - Subraty Ltd 154,000,000.00 287,005,922.20 204,000,000.00 70,994,077.80 Zenith Bank - Sydney Construction 3,613,401,714.54 4,307,490,605.78 1,386,598,285.46 692,509,394.22 Govt to Govt 22,341,666,666.67 - 22,341,666,666.67 Other Debts 9,606,800,104.71 - 9,501,416,816.28 19,108,216,920.99 Restructured Comm. Bank 31,791,197,461.47 - - 31,791,197,461.47 Excess Crude Account (ECA) 9,117,323,801.64 - - 9,117,323,801.64 Comm. Bank Loan 1,620,979,286.29 - - 1,620,979,286.29 Total 105,599,973,475.04 8,063,955,646.75 14,189,885,896.49 111,725,903,724.78 25 Schedule of Deposit Amount 2020 Amount 2019 List of MDA: Administrative Sector - - List of MDA: Economic Sector 7,558,776,379.79 7,558,776,379.79 List of MDA: Law and Justice Sector - - Lis of MDA: Regional Sector - - List of MDA: Social Sector - - Total Outstanding Deposits 7,558,776,379.79 7,558,776,379.79 15 26 CONTINGENT LIABILITES AS AT YEAR END Amount 2020 Amount 2019 E.G. … Pension and Gratuity Due 15,135,971,492.05 13,671,462,665.66 ….Outstanding Contractors Liabilities ( According to MDA) 39,123,760,294.05 38,276,427,808.43 …..Pending Litigations ( According to MDA) 32,043,765.76 32,043,765.76 …..Guarantees ( According to MDA) - - ….. Others - - Total Contigent Liabilities 54,291,775,551.86 51,979,934,239.85 27 LIST OF BANK BALANCES Amount 2020 Amount 2019 31020441 FBN Revenue (Obubra) - 001020 0.00 (357,093.83) 31020871 ECOBANK Recurrent Expenditure 0.00 (119,577,596.60) 31020252 DIAMOND CRSG GIA Revenue Control Account-0029582678 105,415,838.38 7,582,502.61 31020356 Fidelity Tourism Dev Levy 500.07 500.07 31020201 ACCESS CRSG Account (Disb. IFO NGF)-0038767267 28,298,668.98 395,438,195.07 31020202 IB Main Revenue - 00371963530 6,767,232.60 6,767,232.60 31020203 IB Current Account - 204000282 80,894.61 80,894.61 31020204 IB Sundry Revenue - 003720611 3,040,304.41 3,040,304.41 31020205 IB Revenue (ST Calabar) - 204 0.00 (650,000.00) 31020206 IB UDT - 0165B75962-001 0.00 (947,913.66) 31020207 IB Pension 0037050000000587 0.00 (37,657,602.32) 31020208 IB Border Com Dev -01650010003 605,858,362.48 605,858,362.48 31020209 IB Rev Transit 37101000000329 12,978,951.78 12,978,951.78 31020210 IB Rev Transit 165101000000129 48,552.79 48,552.79 31020211 IB CRSG Project A/C - 37001000 417,730.40 417,730.40 31020212 IB CRSG Computer Importation Account 8,897,740.45 8,897,740.45 31020251 DIAMOND CRSG GIA Operational Account0029583628 101,415,838.38 10,038,395.68 31020253 DB Project - 0322130000267 9,733,351.26 9,733,351.26 31020254 DB Electrification - 0322130000279 705.32 230,251,837.84 31020255 DB Pension - 0322050000775 98,890.70 98,890.70 31020256 DB CRSG Project 2 Account 44,867,121.39 44,867,121.39 31020257 DB FESTIVAL ACCT. 2009479757 242,354.74 242,354.74 31020325 OIB Ranch Services Account - 11,548,721.14 11,548,721.14 31020326 OIB Recurrent Expenditure - 02 0.00 235,056,049.01 31020327 OIB Motor Cycle Loan - 021130 677,443.85 677,443.85 31020328 OIB Russian Students - 021130 198,555.52 198,555.52 31020329 OIB Social Welfare - 02113010 633,228.33 633,228.33 31020330 OIB Secondary Education Board 41,936.62 1,325,693.90 31020331 OIB Sub Treasury Calabar - 021 177,845.37 177,845.37 31020332 OIB Sport Development Sinking 2,154,617.99 2,154,617.99 31020333 OIB Imprest Account - 02117012 50,111,634.95 50,111,634.95 31020334 OIB Pension - 211701200032 40,456,895.74 40,456,895.74 31020336 OIB Special Project - 02113010 29,249,696.17 29,249,696.17 31020337 OIB Exco Loan Account - 02113 1,062,568.42 1,062,568.42 31020338 OIB WAEC - 02311 20,649,303.75 20,649,303.75 310203398 OIB Monetization -02130 0.00 (5,632,624.71) 31020340 OIB Exam Fees - 02113 1,678,531.81 1,678,531.81 31020341 OIB Urban Development Tax - 02 214.51 214.51 31020342 OIB Building A/C - 02113010097 19,146,547.64 19,146,547.64 31020343 OIB PTF Motor Cycle Loan 02113 985,213.76 985,213.76 31020344 OIB Legal Fees - 0211301008338 20,423,185.40 20,423,185.40 31020345 OIB Staff Housing Scheme - 021 99,617.46 1,859,710.57 31020347 OIB MOE Sport - 1061301006612 0.00 511,790.70 31020348 OIB MDG Grant - 0211301011195 2,433,980.30 2,433,930.30 31020349 OIB CRSG REC EXP - 02113010113 72,820.18 72,820.18 31020354 Fidelity Pension - 08950301000 12,680,614.90 12,680,614.90 31020355 Fidelity Rural Dev. - 08950301 276,802,449.85 276,802,449.85 15 31020357 CRSG Project A/C 5,666,417.26 7,596,572.92 31020358 Fidelity Revenue Transit 89503010000134 1,947,430.15 1,947,430.15 31020360 FIDELITY BANK CRSG 2011 MDGS-CONDITIONAL GRANT SCHEME 5030029451 71,740,509.22 (130,517,987.76) 31020361 FIDELITY BANK QUARY 5030037595 135,940,277.51 135,940,277.51 31020362 FIDELITY BANK CRS FARM CREDIT SCHEME LOAN REPAYMENT/INTEREST 78,223,476.82 78,223,476.82 31020363 Fidelity bank CRSG Special Project A/C 5030053182 130,233,679.37 130,233,679.37 31020402 FBN CRSG Rec. A/c Exp. FAAC 378,484,130.88 600,557.36 31020403 FBN CRSG VAT A/c - 2017445586 950,130,581.84 357,837,377.14 31020405 FBN CRSG Pension & Gratuity A/c - 2015626457 772,840,020.91 33,304,436.87 31020407 FBN CRSG Salary Account - 2028369369 16,096,044.05 133,207,813.26 31020408 FBN CRSG Consolidated Account - 2030459287 (1,707,728,627.43) 440,494,153.33 31020409 FBN CRSG Revenue Collection - 2010629738 74,029,303.62 593,167,853.40 31020418 FBN Text Books - 2040000295 0.00 685,659.86 31020420 FBN EXCESS CRUDE 2017873987 280,139,522.99 280,139,522.99 31020423 FBN SINKING FUND ( WATER ) 2017641058 220,258,380.87 220,258,380.87 31020426 FBN SURE-P 2020720199 222,756,101.86 222,756,101.86 31020427 FBN CRSG STAB ACCT- 2023301517 37,500,000.00 37,500,000.00 31020429 FBN CRS COUNCIL ON PRIVATIZATION A/C 2021755518 0.00 (98,716,550.24) 31020430 FBN CRS CHRISTMAS FESTIVAL ACCOUNT B 0.00 (58,657,863.05) 31020431 FBN QUARY 2022111580 13,241,715.41 (373,573,663.57) 31020432 FBN (CCECC NIG. LTD ) 2023670501 0.00 458,559,605.97 31020433 FBN (SEMATECH NIGERIA LTD ) 2019272137 0.00 331,919,085.81 31020434 FBN (LILLERKER BROTHERS NIG. LTD ) 2016689361 0.00 113,673,238.07 31020436 FBN (ZENITH CONST. NIG. LTD)-Note10 0.00 980,955,744.83 31020437 FBN (PONET NIG. LTD)-Note10 0.00 23,088,789.50 31020438 FBN(HALLY BROWN INT'L LTD)-Note10 0.00 20,595,912.51 31020439 FBN (EMAMED NIG LTD)-Note10 0.00 71,434,599.17 31020440 FBN CRSG SFTAS ACCOUNT 5,581,997,312.50 0.00 31020441 FBN CRGS PASSENGER/CARGO ACCOUNT 1,924,570,720.53 0.00 31020481 IBTC Revenue Account - 7200003 169,165,193.16 169,165,193.16 31020482 IBTC Env Mgt/Protection- -7200 0.00 543,695,899.74 31020483 IBTC (STANBIC) Domiciliary A/C 2,343,782.49 2,343,782.49 31020503 SPRING (CIB) Staff Welfare 2,555,197.73 1,262,451.04 31020504 HERITAGE BANK CRSG INFRASTRUTURE 2,879,386,439.05 0.00 31020451 GTB SALES OF PROPERTY 6,987,025.78 0.00 31020553 Skye Bank Bailout A ccount 1751100996 250,265,409.66 575,934,321.37 31020556 Skye Bank Infrastructure Company LTD A/C 1771711253 300,000,000.00 300,000,000.00 31020582 WEMA CRS Revenue - 11910986589 0.00 69,529,351.84 31020605 UBN Revenue (Akampa) - 541103 1,917,538.37 1,917,538.37 31020606 UBN Pension - 1581040000438 1,635,248.03 1,635,248.03 31020607 UBN Sports Dev - 1581040000472 0.00 245,772,995.97 31020609 UBN QUARY 0038102454 47,402,563.42 47,402,563.42 31020657 UBA CRS Paris & London Clubs Debt Refund - 1019891719 814,823.24 5,765,175.44 31020662 Produce A/C 156,539.48 156,539.48 31020663 MOFI A/C 597,846.86 597,846.86 31020664 CRS Excess Crude 83,136.29 83,136.29 31020665 CRSG Imprest A/C 680,407.87 680,407.87 31020666 UBA Revenue (Ikom) - 01790040 620,515.72 620,515.72 31020667 UBA Revenue - 02480040000624 10,615,840.22 0.00 31020668 UBA Salary (ST Calabar) - 0018 3,103,665.10 3,103,665.10 31020669 UBA Urban Develoment Tax 00818 2,585,170.00 2,585,170.00 31020670 UBA Expenditure II - 001800700 144,482,623.29 144,482,623.29 31020672 UBA Urban Renewal Sinking Fund 138,218.76 138,218.76 31020673 UBA Revenue (CTB) - 0340293400 691,827.50 691,827.50 31020674 UBA Tinapa - 00180050000387 15,251,732.07 15,251,732.07 31020676 UBA Sinking Fund I (STB) - 203 3,706,567.37 3,706,567.37 31020677 UBA Sinking Fund - 0248004000 920,272.01 920,272.01 31020678 UBA Disbursement (Audit) - 02 368,998.95 368,998.95 31020679 UBA UDT Calabar - 00180040000 9,078,313.88 9,078,313.88 31020680 UBA Expenditure - 024800500000 (45,522.46) (45,522.46) 15 31020681 UBA Formula One - 001801310010 1,407,789.00 1,407,789.00 31020682 UBA UP - Country Rev 180040000 393,132.14 393,132.14 31020683 UBA Disbursment 1 024800400006 466,132.60 466,132.60 31020684 UBA CRSG Expenditure Account - 1019301797 4,730,811.57 (10,060,170.89) 31020685 UBA CRSG Salary Account - 00180050000394 984,041.85 984,041.85 31020686 UBA Forestry 00180050000042 4,394,485.65 4,394,485.65 31020687 UBA CRSG Special Account 1000121283 (53,050,655.00) (53,050,655.00) 31020688 UBA CRSG Project I nspection Fees 1015594373 (15,413,475.23) (15,413,475.23) 31020689 UBA Supervision Fee Account 1015594373 2,244,132.93 2,244,132.93 31020690 UBA FAAC A/C - 1019117790 (2,227,071,777.92) (64,698,686.80) 31020691 UBA CRSG Expenditure 83,983,863.77 83,983,863.77 31020692 UBA CAC Scheme A/C 326,554,504.92 1,079,046,042.44 31020693 UBA Pension A/C 1019294176 952,319.50 218,652,724.06 31020694 UBA Pension and Gratuity - 0 23,320,724.47 (14,776,503.04) 31020695 UBA CRSG Salary A/c - 1019293928 43,301,925.27 632,003,202.45 31020696 UBA CRSG STABULIZATION ACCOUNT 28,952,584.91 0.00 31020703 ZENITH CRSG Teachers Reg. Council 273,133.59 13,983,863.77 31020709 ZENITH CRS Budget Support Facility A/c 52,778.75 507,382,200.00 31020711 ZENITH New Nat Driver's License - (23,123,485.00) (23,123,485.00) 31020712 ZENITH CRS Counterpart Remmitance - 1012462897 148,081.65 336,011,122.33 31020716 ZENITH CRSG Infrastructure Fund Account 5,000.00 5,000.00 31020722 STEB CAP. - 2505000536 330,974.93 330,974.93 31020723 STEB FEES - 2505000143 805,109.71 805,109.71 31020724 MAIN A/C - 250500022 715,070.46 715,070.46 31020725 PTF - 2505000901(715) 1,448,674.95 1,448,674.95 31020726 CASTOR - 25050001029 2,390,947.14 2,390,947.14 31020727 LEASE RENT - 250500554(418) 6,462,993.29 6,462,993.29 31020728 ZB Future Generation Fund - 60 2,467,496,185.82 3,687,912,157.60 31020729 ZB IRS - New National Plate 14,977,938.36 0.00 31020730 ZB IRS New Plate No. - Ogoja 6 3,641,515.00 3,641,515.00 31020731 ZB QUARY 1013547946 837,235.99 (337,297,257.59) 31020732 ZB CRSWB LTD Loan repayment 5,232,930.81 5,232,930.81 31020733 ZB TATA (1,711,147,521.29) (2,451,074,118.08) 31020734 ZB HYUNDI (332,212,152.37) (818,696,177.72) 31020735 CONTRACT FINANCING (4,759,354,887.74) (5,000,000,000.00) 31020733 ZB SUBRATY LTD (154,000,000.00) (360,000,000.00) 31020733 ZB SYDNEY CONSTRUCTION (3,613,401,714.54) (5,000,000,000.00) 31020733 ZB SUBEB (1,519,884,078.86) 1,519,884,078.86 31020733 ZB CRS NEWMAP (331,583,623.89) 500,000,000.00 31020808 FCMB PROJECT 0594141016 1,442,502.33 1,442,502.33 31020851 OIB CRSG VAT A/C - 02113010113 39,290.75 39,290.75 31020852 OIB Call Deposit 1,100,711.90 1,100,711.90 31020853 OIB Ogoja Health 1301009268 24,131.19 24,131.19 31020856 OIB Primary Sch. Exam A/C 93,401,843.60 93,401,843.60 31020857 OIB Investment Interest 563,233.95 563,233.95 31020858 OIB Remittance - 0211301011571 30,599.62 23,186,071.73 31020859 OIB Revenue, Ogoja 1061301007534 91,226.90 91,226.90 31020860 OIB Domiciliary A/C - 2113003 @$1= N480 61,022,769.60 4,613,584.50 31020862 OIB Authomated Rev - 21130101 3,216,038.51 3,216,038.51 31020863 OIB Primary School Exam Fees, ikom 2061301007545 1,608,846.46 1,608,846.46 31020865 OIB Community Social Development Agency 270,911,167.27 270,911,167.27 31020866 Unclaimed Items 17,635,139.90 17,635,139.90 31020867 Pri Sch.Exams Fees 108,773.32 108,773.32 31020868 CRS Rural Dev Agency 4,495,194.73 4,495,194.73 31020870 ECOBANK Urban Development Tax 1,430,459.66 1,430,459.66 31020872 ECOBANK ST Salary 0.00 770,397,542.89 31020873 ECOBANK Health 0153930002 192,027.16 192,027.16 31020874 ECOBANK Tourism Development 27,110.82 27,110.82 31020875 ECOBANK Produce A/C 1570090164 326,818.45 326,818.45 31020876 ECOBANK UBE MATCHING GRANT FUND 0390010228922501 721,953.78 90,527,526.05 15 31020877 ECOBANK UBE Matching Grant 11 - 03900702228922501 8,002.61 8,002.61 31020879 ECOBANK Teachers laptop scheme A/C 3352060013 213,339,469.98 213,339,469.98 31020881 ECOBANK GIA REV 0935019541 68,521.90 (183,830,716.92) 31020883 ECOBANK Debt Reserve Account 5863000887 85,576,990.00 (199,000,000.00) TOTAL 3,506,669,506.18 3,638,364,044.16 Some of the balances are from existing accounts not operated by the state which the state is currently verifying that all such funds have been moved to the single treasury accounts , where balances were 0 shows that these accounts have been suscessfully reconciled. The State hopes to complete this exercise by the ens of 2020 financial year. a 22 SUPPLEMENTARY NOTES GOVERNMENT SHARE OF FAAC (STATUTORY REVENUE) 2020 2019 A B 1 DEDUCTED AT DEDUCTED AT MONTH NET RECEIPT SOURCE TOTAL NET RECEIPT SOURCE TOTAL JANUARY 2,563,145,425.96 1,650,842,778.61 4,213,988,204.57 1,919,645,342.06 1,512,912,601.19 3,432,557,943.25 FEBRUARY 2,095,917,000.43 1,650,842,778.61 3,746,759,779.04 1,554,132,078.07 1,576,886,287.05 3,131,018,365.12 MARCH 1,600,880,199.23 1,758,691,097.67 3,359,571,296.90 1,452,224,166.44 1,520,854,421.19 2,973,078,587.63 APRIL 2,128,852,649.42 1,758,691,097.67 3,887,543,747.09 1,350,636,363.06 1,452,327,307.77 2,802,963,670.83 MAY 2,293,184,075.96 1,758,691,097.67 4,051,875,173.63 1,771,110,236.82 1,452,327,307.77 3,223,437,544.59 JUNE 2,016,317,940.07 1,484,016,518.77 3,500,334,458.84 2,155,583,296.03 1,452,327,307.77 3,607,910,603.80 JULY 1,853,821,541.07 1,716,110,517.55 3,569,932,058.62 2,492,718,642.78 1,452,327,307.77 3,945,045,950.55 AUGUST 2,627,513,624.02 1,484,016,518.77 4,111,530,142.79 2,391,333,950.65 1,452,327,307.77 3,843,661,258.42 SEPTEMBER 2,279,631,975.55 1,573,334,855.10 3,852,966,830.65 2,146,330,160.27 1,723,517,368.95 3,869,847,529.22 OCTOBER 2,445,143,255.57 1,573,334,855.10 4,018,478,110.67 2,115,049,122.32 1,650,842,778.61 3,765,891,900.93 NOVEMBER 1,293,174,303.33 1,573,334,855.10 2,866,509,158.43 2,063,103,117.76 1,650,842,778.61 3,713,945,896.37 DECEMBER 1,032,370,317.85 1,573,334,855.10 2,605,705,172.95 1,446,003,662.92 1,650,842,778.61 3,096,846,441.53 TOTAL 24,229,952,308.46 19,555,241,825.72 43,785,194,134.18 22,857,870,139.18 18,548,335,553.06 41,406,205,692.24 2 SHARE OF STATUTORY ALLOCATION C D E MONTH Statutory Alloc - Share of Excess Value Added Tax Total 2020 2019 Other Agencies Crude oil A/c Allocation JANUARY - - 1,089,720,811.95 1,089,720,811.95 1,453,236,500.64 FEBRUARY - - 1,762,629,840.56 1,762,629,840.56 1,855,062,273.14 MARCH - - 947,778,267.48 947,778,267.48 1,497,391,141.23 APRIL - 1,136,539,048.75 1,136,539,048.75 2,080,534,917.74 MAY 2,000,000,000.00 - 891,913,817.43 2,891,913,817.43 7,011,231,187.25 JUNE - - 981,945,724.64 981,945,724.64 1,468,306,016.09 JULY - - 1,218,507,822.21 1,218,507,822.21 1,481,476,565.36 AUGUST - - 1,249,863,485.26 1,249,863,485.26 1,353,285,258.17 SEPTEMBER - - 1,422,153,121.36 1,422,153,121.36 1,420,983,996.76 OCTOBER 500,000,000.00 - 1,341,754,780.01 1,841,754,780.01 1,334,790,508.27 NOVEMBER - - 1,197,983,781.78 1,197,983,781.78 1,572,567,572.04 DECEMBER 3,000,000,000.00 - 1,490,916,375.08 4,490,916,375.08 1,671,136,947.63 TOTAL 5,500,000,000.00 - 14,731,706,876.51 20,231,706,876.51 24,200,002,884.32 S/N3 AIDS AND GRANTS(FOREIGN) PROJECT AMOUNT RECEIVED AMOUNT SPENT 1 STATE AND LOCAL GOVERNMENT 104,707,160.53 104,707,160.53 REFORM PROJECT(SLOGOR) COMMUNITY AND SOCIAL DEV. 2 PROGRAMME (CSDP) 422,565,276.00 422,565,276.00 22 NIGERIA EROSION AND WATERSHED MGT 3 PROJECT(NEWMAP) 2,202,960,923.50 2,202,960,923.50 4 FGN GRANT APPEALS 915,608,191.27 915,608,191.27 5 GRANT/DONATIONS COVID 19 2,010,050,000.00 1,984,249,983.49 6 WORLD BANK SFTAS GRANT 6,802,000,000.00 1,900,000,000.00 YOUTH EMPLOYMENT AND SOCIAL 7 SUPPORT OPERATION(YESSO) 318,719,741.11 318,719,741.11 12,776,611,292.41 7,848,811,275.90 S/N4 Overhead Costs Actual ADMINISTRATIVE SECTOR 011100100201 HPSDG Head of Personal Staff to the Deputy Governor...201 219,931,500.00 011100100203 HPSDG Department of Administration...203 5,506,500.00 011100100299 HPSDG Head of Personal Staff to the Deputy Governor (HQ)...299 480,000.00 12,000,000.00 011100100901 CSPAC Cross River State Strategic Policy Advisory Council - Head...901 182,000.00 011101000101 DPPID Office of the Director-General, Due Process and Price Intelligence...101 011101000199 DPPID Due Process and Price Intelligence Bureau (HQ)...199 318,000.00 011101300101 SSG Office of the SSG...101 34,915,000.00 011101300102 SSG Department of Finance and Supplies...102 5,435,000.00 011101300103 SSG Department of Administration...103 11,700,000.00 011101300199 SSG Office of the Secretary to the State Govt (HQ)...199 (400,000.00) 011101300201 DCSNGO Office of the Special Adviser...201 750,000.00 011101300902 DPU Department of Administration...902 1,000,000.00 011101400101 PAD Office of the Special Adviser, Political Affairs...101 300,000.00 011101700101 EXCO Office of the Head, Executive Council Secretariat...101 8,728,000.00 011101700103 EXCO Department of Administration...103 2,222,000.00 4,000,000.00 011102100101 IGADL Office of the Special Adviser, Inter-governmental Affairs, Lagos...101 011110500101 COS Office of the Chief of Staff...101 2,607,455,588.00 011110500199 COS CHIEF OF STAFF (HQ)...199 34,500,000.00 Abuja...101 011113200101 IGADA Office of the Special Adviser, Inter-governmental Affairs, 11,086,350.00 011113200103 IGADA Department of Administration...103 13,993,650.00 011200300101 CRSHOA Office of the Speaker...101 33,024,000.00 011200300102 CRSHOA Office of the Clerk...102 321,628,500.00 011200300103 CRSHOA Department of Finance and Supplies...103 2,367,000.00 320,000,000.00 011200300105 CRSHOA Department of Budget, Planning, Research and Statistics...105 011200300106 CRSHOA Department of Information/Publications...106 4,900,000.00 011200300120 CRSHOA Honourable Members...120 20,380,500.00 011200300199 CRSHOA CRS House of Assembly (HQ)...199 6,600,000.00 012400700101 CRSFS Office of the Head of Fire Service...101 600,000.00 012500100101 HOS Office of the Head of Service_01...101 2,950,000.00 012500100102 HOS Department of Public Service, Monitoring and Evaluation...102550,000.00 012500100103 HOS Manpower Development and Training Department...103 300,000.00 012500100108 HOS Finance and Supply Department...108 200,000.00 014000100101 OAGS Auditor General - State's Office...101 18,438,000.00 014700100101 CRCSC Chairman's Office...101 1,000,000.00 014700200101 LGSC Executive Chairman's Office...101 600,000.00 22 014800200201 MOFA Office of the Commissioner...201 4,500,000.00 370,441,887.90 014800200501 BMED Office of the Special Adviser, Budget Monitoring and Evaluation...501 014800200601 DLP Office of the Special adviser, Labour and Productivity...601 1,842,900.00 014800200603 DLP Department of Administration...603 157,100.00 014800200901 MLGA Office of the Commissioner...901 1,000,000.00 014800200904 MLGA Department of Administration...904 1,225,000.00 014800200905 MLGA Department of Planning, Research and Statistics...905 175,000.00 014800200908 MLGA Local Government Budget M&E Department...908 100,000.00 014800300101 CAD Office of the Special Adviser, Chieftancy Affairs...101 300,000.00 014800300501 MOEP Office of the Commissioner...501 1,000,000.00 014800300601 MOTD Office of the Commissioner...601 500,000.00 014800300701 NCSDC Office of the Chairman...701 950,000.00 014800300799 NCSDC North, Central & South Development Commission (HQ)...799 50,000.00 TOTAL ADMINISTRATIVE SECTOR 4,089,883,475.90 ECONOMIC SECTOR 021100100103 MCCFR Department of Administration...103 951,000.00 021100100104 MCCFR Department of Finance and Supplies...104 20,000.00 021100100105 MCCFR Department of Planning, Research and Statistics...105 29,000.00 021300100101 MOINF Office of the Commissioner...101 950,000.00 021300100106 MOINF Office of Permanent Secretary...106 50,000.00 021400100101 MSMD Office of the Commissioner...101 809,750.00 021400100103 MSMD Department of Administration...103 330,000.00 021400100104 MSMD Department of Finance and Supplies...104 (1,209,750.00) 021400100106 MSMD Department of Planning, Research and Statistics...106 965,250.00 021400100108 MSMD Department of Procurement...108 54,750.00 021400100109 MSMD Operation Unit...109 50,000.00 021500100103 MOA-HQ Department of Finance and Supplies...103 27,543.50 021500100104 MOA-HQ Department of Administration...104 135,000.00 021500100111 MOA-HQ Department of Livestock...111 337,456.50 1,200,000.00 021510900204 CRSFBC Department of Plant Pathology and Botanical Gardens...204 022000100101 MOF Office of the Commissioner...101 5,345,000.00 022000100103 MOF Department of Finance and Supplies...103 30,000.00 022000100104 MOF Department of Administration...104 125,000.00 022000100199 MOF Ministry of Finance (HQ)...199 20,000,000.00 022000200101 DMD Office of the Special Adviser Debt Management...101 826,400.00 022000200103 DMD Department of Administration...103 73,600.00 022000200199 DMD Debt Management Department (HQ)...199 1,000,000.00 022000700101 OAG Office of the Accountant General_01...101 36,342,200.00 022000700102 OAG Department of Main/Consolidated Accounts...102 46,285,300.00 022000700103 OAG Department of Treasuries and Cash Control...103 3,787,550.00 022000700104 OAG Department of Administration...104 7,820,200.00 022000700105 OAG Department of Computer Payroll...105 2,939,350.00 022000700107 OAG Department of Main / Consolidated Accounts...107 1,563,300.00 022000800101 IRS Office of the Executive Chairman...101 340,551,120.92 022000800102 IRS Department of Finance and Supplies...102 63,371,441.67 022000800103 IRS Department of Administration...103 27,667,325.92 022000800109 IRS Department of Planning, Research and Statistics...109 244,600.00 022000800110 IRS Legal Department...110 220,500.00 22 022000800111 IRS Tax Audit Department...111 157,350.00 022200100101 MOIN Office of the Commissioner...101 1,200,000.00 022200100102 MOIN Office of the Permanent Secretary...102 85,000.00 022200100103 MOIN Department of Finance and Supplies...103 150,000.00 022200100199 MOIN Ministry of Industry(HQ)...199 900,765,000.00 022205100101 MEDA Director General's Office...101 1,800,000.00 022205600102 CRSSAA Director-General Office...102 215,000.00 022205600104 CRSSAA Finance and Supply...104 285,000.00 022205600105 CRSSAA Administration...105 100,000.00 022900100101 MTMS Office of the Commissioner...101 500,000.00 022900100499 IPD INVESTMENT PROMOTION DEPARTMENT (HQ)...499 640,000.00 022905300101 DOPT Office of the Chief Executive Officer...101 550,000.00 023100100101 MOP Office of the Commissioner...101 435,000.00 023100100102 MOP Office of the Permanent Secretary...102 65,000.00 023100300101 SEA Office of the Chief Executive Officer...101 1,400,000.00 023100300107 SEA Procurement Department...107 100,000.00 023200100101 MPR Office of the Commissioner...101 450,000.00 023200100102 MPR Office of the Permanent Secretary...102 50,000.00 023200200101 MGD Office of the Commissioner...101 1,495,000.00 023200200103 MGD Department of Finance and Supplies...103 5,000.00 023200200199 MGD Ministry of Gas Development (HQ)...199 500,000.00 400,000.00 023305100101 DMR Office of the Special Adviser Department of Mineral Resources...101 023400100102 MOW Office of the Permanent Secretary...102 500,000.00 023400400102 CRRMA Finance and Supply Department...102 80,000.00 023400400105 CRRMA Maintenance Department...105 420,000.00 023400500101 RUDA Office of the Director General...101 300,000.00 023405600101 MORT Office of the Commissioner...101 (453,000.00) 023405600102 MORT Department of Finance and Supplies...102 102,000.00 023405600103 MORT Department of Administration...103 195,000.00 023405600104 MORT Department of Planning, Research and Statistics...104 56,000.00 023405600106 MORT Director, Education...106 100,000.00 023800400101 CRSBOS Office Of the Statistician-General...101 200,000.00 023800400103 CRSBOS Department of Research and Planning...103 100,000.00 023800400104 CRSBOS Department of Administration...104 300,000.00 025000100201 MOAV Office of the Commissioner...201 500,000.00 025305300199 MFED Mortgage Finance Department (HQ)...199 600,000.00 027000200701 MGEE Office of the Commissioner...701 500,000.00 027000200801 MOC Office of the Commissioner...801 2,500,000.00 TOTAL ECONOMIC SECTOR 1,480,240,238.51 LAW & JUSTICE SECTOR 031800100101 CRSJ Office of the Head of Judiciary...101 85,669,256.87 031800100102 CRSJ Department of Finance and Supplies...102 10,126,891.34 031800100103 CRSJ Department of Administration...103 1,654,903.50 031800100104 CRSJ Department of Planning, Research and Statistics...104 1,183,600.00 031800100106 CRSJ Chief Registrar's Office...106 6,217,990.00 031800100107 CRSJ Works and Transport Department...107 11,997,575.00 031800100109 CRSJ Family Court...109 31,715,892.84 031800100110 CRSJ Special Court Department...110 2,463,050.00 031800100111 CRSJ Calabar Judicial Division...111 21,915,700.00 031800100112 CRSJ Akpabuyo Judicial Division...112 6,818,518.89 031800100113 CRSJ Akamkpa Judicial Division...113 6,690,000.00 031800100114 CRSJ Ugep Judicial Division...114 6,954,000.00 22 031800100115 CRSJ Obubra Judicial Division...115 5,939,700.00 031800100116 CRSJ Ikom Judicial Division...116 10,949,247.40 031800100117 CRSJ Ogoja Judicial Division...117 12,670,912.50 031800100118 CRSJ Obudu Judicial Division...118 2,445,000.00 031801100101 JSC Chairman's Office...101 382,500.00 031801100103 JSC Department of Planning, Research and Statistics...103 87,500.00 031801100104 JSC Policy and Administration Department...104 425,000.00 032600100101 MOJ Office of the Commissioner...101 37,700,000.00 032600100102 MOJ Office of the Permanent Secretary...102 550,000.00 032600100103 MOJ Department of Finance and Supplies...103 250,000.00 032600100108 MOJ Public Trustee Department...108 2,300,000.00 032600100110 MOJ Citizen Rights Department...110 500,000.00 032600100199 MOJ Ministry of Justice (HQ)...199 15,250,000.00 TOTAL LAW & JUSTICE SECTOR 282,857,238.34 REGIONAL SECTOR 040100100101 MNCD Office of the Commissioner...101 (262,000.00) 040200100102 MOSH Office of the Permanent Secretary...102 300,000.00 040200100103 MOSH Administrative Department...103 200,000.00 041300100103 MLH Department of Finance and Supplies...103 140,000.00 041300100104 MLH Department of Administration...104 298,000.00 041300100105 MLH Department of Planning, Research and Statistics...105 62,000.00 045100100199 CAL-UDA Calabar Urban Dev. Authority (HQ)...199 600,000.00 045100600103 BCDC Department of Finance and Supplies...103 600,000.00 045100600104 BCDC Department of Administration...104 300,000.00 045100600901 MOWR Office of the Commissioner...901 345,000.00 045100600904 MOWR Department of Administration...904 155,000.00 045100700201 RUWATSSA Office of the Director General...201 411,000.00 045100700202 RUWATSSA Department of Finance and Supply...202 116,000.00 045100700203 RUWATSSA Administrative Department...203 273,000.00 045100700205 RUWATSSA Engineering and Sanitation Department...205 100,000.00 045100700301 CGIA Office Director-General Office...301 5,204,452.73 045100700302 CGIA Admin & Finance Department...302 2,233,500.00 045100700303 CGIA Department of Operations...303 1,545,600.00 045100700304 CGIA System Engineering Dept....304 5,815,536.00 045100700305 CGIA Marketing and Public Relations Dept....305 10,000.00 045100700306 CGIA Legal Department...306 5,000.00 045100700402 MOENV Office of the Permanent Secretary...402 500,000.00 045100700501 WMA Office of the Chief Executive Officer...501 600,000.00 TOTAL REGIONAL SECTOR 19,552,088.73 SOCIAL SECTOR 050500100101 MOCT Office of the Commissioner...101 329,000.00 050500100105 MOCT Special Assistant - Information Systems...105 171,000.00 051300100102 MOYSA Office of the Permanent secretary...102 250,000.00 051300100106 MOYSA Department of Youth Affairs...106 150,000.00 051400100101 MOWA Office of the Commissioner...101 165,000.00 051400100102 MOWA Office of the Permanent Secretary...102 75,000.00 051400100103 MOWA Department of Finance and Supplies...103 345,000.00 051400100104 MOWA Department of Administration...104 210,000.00 051400100106 MOWA Department of Women Affairs...106 480,000.00 051400100107 MOWA Department of Child Development...107 725,000.00 22 051700100103 MOE Department of Finance and Supplies...103 400,000.00 051700100104 MOE Department of Administration...104 100,000.00 051700100105 MOE Department of Planning, Research and Statistics...105 200,000.00 051700100106 MOE Department of Inspectorate...106 200,000.00 051700100108 MOE Department of Schools...108 100,000.00 051701000101 AANE Office of the Executive Secretary...101 750,000.00 051701900101 COE The Provost, College of Education...101 11,631,740.16 051701900102 COE Registrar's Office...102 3,868,813.62 051701900103 COE Bursary Department...103 4,217,361.07 051701900104 COE Library Department...104 2,530,449.77 051701900105 COE Medical Centre...105 1,872,870.92 051701900106 COE School Department...106 9,004,073.54 051702100101 CRUTECH Vice Chancellor's Office...101 230,064,800.00 051702100102 CRUTECH ADVC (ACADEMICS)...102 5,100,000.00 051702100103 CRUTECH ADVC (ADMIN)...103 17,200,000.00 051702100104 CRUTECH Registrar Office...104 44,980,000.00 051702100105 CRUTECH Bursary Department...105 22,600,000.00 051702100106 CRUTECH Library Department...106 1,700,000.00 051702100107 CRUTECH Work's Department...107 141,500,000.00 051702100113 CRUTECH CRS University of Technology (HQ)...199 3,800,000.00 051702100114 CRUTECH CRS University of Technology (HQ)...199 9,300,000.00 051705100101 SEB Office of the Chairman...101 600,000.00 051705500101 STEB Office of the Executive Secretary...101 597,000.00 051705500103 STEB Department of Administration...103 3,000.00 052100100102 MOH Office of the Permanent Secretary...102 2,000,000.00 052100300101 PHCDA Office of the Director General...101 400,000.00 052100300103 PHCDA Department of Finance & Supply...103 200,000.00 052102700101 GHC The Chief Medical Director, General Hospital Calabar...10173,273,750.00 052102700501 GHGGJ The Chief MS General Hospital Ogoja...501 (19,457,490.00) 052102700502 GHGGJ Administration Department...502 2,089,600.00 052102700503 GHGGJ Nursing Department...503 106,290.00 052102700504 GHGGJ Health Records Department...504 1,599,000.00 052102700507 GHGGJ Finance and Supply Department...507 310,800.00 052102700508 GHGGJ Laboratory Department...508 4,694,500.00 052102700603 GHCKK Laboratory Department...603 249,600.00 052102700604 GHCKK Records Department...604 241,600.00 052102700606 GHCKK Administration Department...606 3,012,236.90 052102700701 GHBNS The Chief MS, General Hospital Obanliku...701 1,000,000.00 052102700703 GHBNS Administration Department...703 2,351,628.00 052102701102 EMJHI Administration Department...102 2,129,050.00 052102701103 EMJHI Finance and Supply Department...103 225,000.00 052102701104 EMJHI Nursing Department...104 20,000.00 052102701105 EMJHI X-Ray Department...105 17,500.00 052102701106 EMJHI Planning, Research and Statistics Department...106 40,000.00 052102701107 EMJHI Laboratory Department...107 100,000.00 052102701199 EMJHI Eja - Mem. Joint Hospital Itigidi (HQ)...199 2,548,343.00 052110600101 CHT Provost, College of Health Technology...101 22,180,873.00 052110600102 CHT Community Health Department...102 5,016,637.00 052110600103 CHT Environmental Health Department...103 8,364,940.00 052110600104 CHT Medical Laboratory Department...104 8,358,950.00 052110600105 CHT Department of Administration...105 24,766,761.00 052110600106 CHT Department of Health Information...106 2,262,150.00 052110600107 CHT Department of Public Health...107 7,960,190.00 22 052110600108 CHT Department of General Studies...108 1,723,500.00 052110600109 CHT Department of Pharmacy...109 2,146,400.00 052110600110 CHT Department of Radiography...110 1,118,150.00 052110600111 CHT Dispensing Opticinary Department...111 4,420,700.00 052110600112 CHT Department of Computer...112 2,008,800.00 052111500701 SHIS Office of the Chairman...701 1,000,000.00 053505300801 IRA Office of the Chief Executive Officer...801 800,000.00 056500100101 MHSW Office of the Commissioner...101 500,000.00 056500100301 MORAI Office of the Commissioner...301 500,000.00 056500100502 SEMA Department of Finance and Supplies...502 120,000.00 056500100599 SEMA State Emergency Management Agency (HQ)...599 180,000.00 056500100801 MOI Office of the Commissioner...801 100,000.00 056500100803 MOI Department of Finance and Supplies...803 40,000.00 056500100804 MOI Department of Administration...804 120,000.00 056500100806 MOI Department of Information...806 190,000.00 056500100810 MOI Government Printer - Printing Press...810 50,000.00 056500100999 CRSBCC CRSBC Calabar (HQ)...999 53,930,000.00 056500200101 CRSBCI Office of the General Manager...101 1,026,000.00 056500200106 CRSBCI Department of Engineering...106 3,000,000.00 056500200299 CRNC CRS Newspaper Corp. Calabar (HQ)...299 1,500,000.00 056500200301 MDI Office of the Chief Executive Officer...301 (930,000.00) 056500200302 MDI Department of Finance and Supplies...302 130,000.00 056500200303 MDI Department of Administration...303 445,000.00 056500200304 MDI Department of Research/Consultancy...304 115,000.00 056500200307 MDI ICT... 170,000.00 056500200401 MCT Office of the Commissioner...401 1,000,000.00 056500200404 MCT Department of Administration...404 500,000.00 056500200601 MSC Office of the Commissioner...601 500,000.00 TOTAL SOCIAL SECTOR 747,685,567.98 TOTAL OVERHEAD COST 6,620,218,609.46 S/N 5 COVID 19 BUDGET RECIEPT EXPENDITURE VARIANCE REVENUE 12020105 17 LGAs EXCLUDING YAKURR 100,000,000.00 850,000,000.00 750,000,000.00 12020105 FEDERAL GOVERNMENT 100,000,000.00 1,000,000,000.00 900,000,000.00 12020105 DONATIONS CORPORATE BODIES 100,000,000.00 130,050,000.00 30,050,000.00 12020105 CROSS RIVER STATE GOVERNMENT 100,000,000.00 30,000,000.00 - 70,000,000.00 TOTAL CONTRIBUTIONS 400,000,000.00 2,010,050,000.00 1,610,050,000.00 EXPENDITURE 23010122 PROCUREMENT EQUIPMENT 4,800,000,000.00 729,139,983.49 4,070,860,016.51 23030120 RENOVATION 2,000,000,000.00 80,000,000.00 1,920,000,000.00 23050114 TRAINING 2,000,000,000.00 - 2,000,000,000.00 23050105 TREATMENT 6,063,840,531.00 - 6,063,840,531.00 23050109 PROTECTION & HONORARUM 4,000,000,000.00 496,300,000.00 3,503,700,000.00 23050110 COVID 19 PROGRAMME 3,000,000,000.00 428,500,000.00 2,571,500,000.00 23050127 PALATIVE 3,000,000,000.00 250,310,000.00 2,749,690,000.00 22 TOTAL EXPENDITURE 24,863,840,531.00 1,984,249,983.49 22,879,590,547.51 S/N 6 External Loans:FGN/States/ LGC ORIGINAL LOAN AMOUNT IN DIFFERENT Balance as at List the Loans CURRENCY CURRENCY 31/12/2020 Additional Loan Loan Paid Back Balance as at 31/12/2019 AFD1 CRS-NAT. Urban Water Sector Reform USD 10,000,000.00 3,507,692,307.40 0 332,373,088.74 3,175,319,218.66 AFD1 CRS-NAT. Urban Water Sector Reform USD 10,000,000.00 3,653,846,155.60 0 846,153,844.40 4,500,000,000.00 AFD1 CRS-NAT. Urban Water Sector Reform USD 10,000,000.00 3,507,692,307.40 0 992,307,692.60 4,500,000,000.00 AFD1 CRS-NAT. Urban Water Sector Reform EUR 10,000,000.00 3,507,692,307.40 0 992,307,692.60 4,500,000,000.00 AFD1 CRS-NAT. Urban Water Sector Reform EUR 3,900,000.00 1,368,000,000.00 0 387,000,000.00 1,755,000,000.00 AFDB CRS-First Multi State Water Supply Project JPK 539,695.20 - 0 109,019,587.50 109,019,587.50 AFDB CRS-First Multi State Water Supply Project EUR 692,839.43 - 0 42,311,461.50 42,311,461.50 USD AFDF CRS-First Muti State Water Supply ADF (27.72%) DE 64,662.64 212,120,228.26 0 38,875,353.74 250,995,582.00 EUR AFDF CRS-First Muti State Water Supply ADF (27.75%) DE 1,125,155.00 19,798,780.10 0 3,628,165.90 23,426,946.00 FUA AFDF CRS-First Muti State Water Supply ADF (27.75%) DE 876,753.25 303,207,418.80 0 71,133,194.70 374,340,613.50 USD AFDF CRS-First Muti State Water Supply ADF (27.75%) DE 119,219.70 268,427,490.08 0 49,194,718.42 317,622,208.50 AFDF CRS-Rural Access and Mobility Proj. XDR 8,317,987.53 40,773,148.80 0 8,852,063.70 49,625,212.50 IDA CRS-Community Based Poverty Reduction XDR 3,385,943.80 3,188,801,820.62 0 566,054,469.88 3,754,856,290.50 IDA CRS-HIV/AIDS Programme XDR 1,085,000.00 1,443,206,545.28 0 246,688,165.72 1,689,894,711.00 IDA- Health Systems Development XDR 31,660,000.00 278,391,312.92 0 58,331,100.58 336,722,413.50 IDA CRS-2nd Nat. Urban Water Sector Reform XDR 3,999,325.70 15,080,814,263.66 0 2,639,539,234.84 17,720,353,498.50 IDA CRS-State Governance and Capacity Programme XDR 4,818,310.00 1,852,393,296.96 0 357,750,212.04 2,210,143,509.00 IDA CRS-3rd Nat. Fadama Development XDR 17,670,000.00 2,467,179,016.34 0 441,115,318.66 2,908,294,335.00 IDA CRS-Commercial Agricultural Development XDR 37,707,629.30 8,305,744,719.40 0 1,546,510,087.10 9,852,254,806.50 IDA CRS-Erosion and Watershed Mgt. Proj. XDR 7,000,000.00 19,980,772,633.06 0 3,483,176,781.44 23,463,949,414.50 AFD CRS-Nat. Prog.for Food Security (SNPFD) FUA 1,135,000.00 3,719,797,550.00 1,382,129,252.00 - 2,337,668,298.00 IFAD CRS-Community Based Natural Resource XDR 18,000,000.00 434,797,968.61 0 94,672,697.39 529,470,666.00 EXIM BANK CRS-Exim Bank of India Line of Credit USD 0 - 0 - 8,306,257,122.00 NOTE REPAYMENT IS SUBJECT TO PREVAILING FOREIGN EXCHANGE FLUCTATION XDR= SPECIAL DRAWING RIGHT USD= US DOLLAR JPK = JAPANESE YEN EUR= EURO DOLLAR