Akwa Ibom State · Federal allocation
Akwa Ibom State FAAC Allocation 2026
What landed each month, where it came from, and what came off first.
Akwa Ibom State received ₦336,616,306,095 (about ₦336.6B) in FAAC federal allocations between January and July 2026. That is about ₦48.09B a month.
Net allocation received · Jan–Jul 2026
7 months on record₦336,616,306,095
+24.7% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · July
₦66.35BLowest · February
₦35.22BWhere the money came from
Share of gross allocation
The state’s share of the Federation Account: oil and gas income, company taxes and customs duties.
The state’s share of the 7.5% tax paid on goods and services.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
The ₦50 charged on bank transfers of ₦10,000 or more.
Before deductions. Percentages may not sum to 100% due to rounding. The statutory allocation includes ₦188.43B in 13% derivation, paid to states that produce oil. Covers 6 of the 7 months on record. April is left out: the imported figures for that month do not add up to its total.
Before the money arrived
- Gross allocation
- ₦346,305,628,393
- Other deductions
- − ₦6,913,795,751
- Amounts the report shows as taken off, without saying what for.
- External debt repayment
- − ₦1,901,501,053
- Repayments on the state’s foreign loans, taken before the money is paid out.
- Ecology transfer
- − ₦874,025,495
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Net received
- ₦336,616,306,095
About ₦2.80 of every ₦100 was taken off before Akwa Ibom was paid.
Local governments got their own
Akwa Ibom’s 31 local governments were allocated ₦118.36B in 2026, across 7 months on record.
That money is separate. It is not part of the state’s figure on this page.
See each local government’s shareMonth by month
7 months on recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Januaryfrom December 2025 revenue₦35.89B−16.3% on the month before
What came in
- Statutory allocation69.2%
- ₦25,750,203,869
- Value added tax (VAT)29.1%
- ₦10,821,738,215
- Electronic transfer levy1.2%
- ₦451,409,255
- Ecological fund0.5%
- ₦188,725,944
- Gross allocation
- ₦37,212,077,283
The statutory allocation includes ₦18,935,100,329 in 13% derivation.
What came off first
- Other deductions
- − ₦934,092,005
- External debt repayment
- − ₦294,513,931
- Ecology transfer
- − ₦94,362,972
- Net received
- ₦35,889,108,375
Februaryfrom January revenue₦35.22B−1.9% on the month before
What came in
- Statutory allocation65.2%
- ₦23,970,945,178
- Value added tax (VAT)32.5%
- ₦11,950,457,286
- Augmentation1.9%
- ₦689,353,141
- Ecological fund0.5%
- ₦173,064,974
- Gross allocation
- ₦36,783,820,579
The statutory allocation includes ₦18,410,729,822 in 13% derivation.
What came off first
- Other deductions
- − ₦1,088,021,404
- External debt repayment
- − ₦387,784,202
- Ecology transfer
- − ₦86,532,487
- Net received
- ₦35,221,482,486
Marchfrom February revenue₦38.65B+9.7% on the month before
What came in
- Statutory allocation80.4%
- ₦32,277,601,940
- Value added tax (VAT)19.1%
- ₦7,661,827,916
- Ecological fund0.6%
- ₦222,197,172
- Gross allocation
- ₦40,161,627,027
The statutory allocation includes ₦24,253,815,185 in 13% derivation.
What came off first
- Other deductions
- − ₦1,156,197,242
- External debt repayment
- − ₦243,840,584
- Ecology transfer
- − ₦111,098,586
- Net received
- ₦38,650,490,615
Aprilfrom March revenue₦44.84B+16.0% on the month before
The imported figures for April do not add up to its total of ₦44,837,062,490, so only the total is shown. It needs checking against the official report.
What came off first
- Gross allocation
- ₦46,154,111,063
- Other deductions
- − ₦933,906,752
- External debt repayment
- − ₦243,840,584
- Ecology transfer
- − ₦139,301,236
- Net received
- ₦44,837,062,490
Mayfrom April revenue₦53.58B+19.5% on the month before
What came in
- Statutory allocation77.6%
- ₦42,584,785,112
- Value added tax (VAT)18.8%
- ₦10,325,046,371
- Augmentation3.1%
- ₦1,723,382,852
- Ecological fund0.5%
- ₦258,241,847
- Gross allocation
- ₦54,891,456,182
The statutory allocation includes ₦34,982,767,930 in 13% derivation.
What came off first
- Other deductions
- − ₦933,906,752
- External debt repayment
- − ₦243,840,584
- Ecology transfer
- − ₦129,120,924
- Net received
- ₦53,584,587,922
Junefrom May revenue₦62.09B+15.9% on the month before
What came in
- Statutory allocation88.0%
- ₦55,792,657,260
- Value added tax (VAT)11.6%
- ₦7,334,392,506
- Ecological fund0.4%
- ₦271,707,418
- Gross allocation
- ₦63,398,757,184
The statutory allocation includes ₦45,981,000,488 in 13% derivation.
What came off first
- Other deductions
- − ₦933,859,567
- External debt repayment
- − ₦243,840,584
- Ecology transfer
- − ₦135,853,709
- Net received
- ₦62,085,203,324
Julyfrom June revenue₦66.35B+6.9% on the month before
What came in
- Statutory allocation84.2%
- ₦56,979,088,042
- Value added tax (VAT)12.8%
- ₦8,645,797,019
- Augmentation2.5%
- ₦1,723,382,852
- Ecological fund0.5%
- ₦355,511,162
- Gross allocation
- ₦67,703,779,075
The statutory allocation includes ₦45,864,567,833 in 13% derivation.
What came off first
- Other deductions
- − ₦933,812,028
- External debt repayment
- − ₦243,840,584
- Ecology transfer
- − ₦177,755,581
- Net received
- ₦66,348,370,882
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Akwa Ibom State), as published in the National Bureau of Statistics’ disbursement tables. Net means what is left after deductions at source.
Each month is named for when the money was shared, which is the month after the revenue was earned. Only months in our records are listed. A missing month does not mean nothing was paid.
Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.