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Eket LGA · Akwa Ibom State · Federal allocation

Eket LGA FAAC Allocation 2026

What was shared to the council each month, where it came from, and what came off first.

Eket LGA in Akwa Ibom State received ₦4,130,742,274 (about ₦4.1B) in FAAC federal allocations between January and July 2026. That is about ₦590.1M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦4.13B

₦4,130,742,274

+26.2% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦705.2M

Lowest · March

₦502.2M

Where the money came from

Share of gross allocation

Statutory allocation₦2.03B 48.4%

The council’s share of the Federation Account: oil and gas income, company taxes and customs duties.

Value added tax (VAT)₦1.87B 44.6%

The council’s share of the 7.5% tax paid on goods and services.

Augmentation₦195.9M 4.7%

A top-up added to the month’s pool from other federal revenue.

Ecological fund₦67.3M 1.6%

Money set aside for erosion, flooding and other environmental problems.

Solid minerals revenue₦14.5M 0.3%

Income from mining, shared in the months it is distributed.

Electronic transfer levy₦14.1M 0.3%

The ₦50 charged on bank transfers of ₦10,000 or more.

Before deductions. Percentages may not sum to 100% due to rounding.

What came off first

Gross allocation
₦4,198,026,648
Ecology transfer
− ₦67,284,375
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦4,130,742,274

About ₦1.60 of every ₦100 was taken off before Eket’s share was set.

Among Akwa Ibom’s councils

Eket’s 2026 total is the 7th largest of Akwa Ibom’s 31 local governments.

Councils are not shared equal amounts. Population, land area and other factors in the formula decide each one’s share.

Month by month

7 months on record

Open a month to see what came in and what was deducted. The percentage is the change on the month before.

Januaryfrom December 2025 revenue₦585.3M+17.0% on the month before

What came in

Value added tax (VAT)55.5%
₦329,067,111
Statutory allocation40.9%
₦242,142,196
Electronic transfer levy2.4%
₦14,100,384
Ecological fund1.2%
₦7,264,266
Gross allocation
₦592,573,956

What came off first

Ecology transfer
− ₦7,264,266
Net allocation
₦585,309,691
Februaryfrom January revenue₦564.3M−3.6% on the month before

What came in

Value added tax (VAT)59.9%
₦342,208,574
Statutory allocation34.6%
₦197,555,730
Augmentation4.3%
₦24,492,876
Ecological fund1.2%
₦6,661,458
Gross allocation
₦570,918,638

What came off first

Ecology transfer
− ₦6,661,458
Net allocation
₦564,257,180
Marchfrom February revenue₦502.2M−11.0% on the month before

What came in

Statutory allocation55.8%
₦285,086,988
Value added tax (VAT)42.5%
₦217,075,383
Ecological fund1.7%
₦8,552,610
Gross allocation
₦510,714,980

What came off first

Ecology transfer
− ₦8,552,610
Net allocation
₦502,162,371
Aprilfrom March revenue₦592.7M+18.0% on the month before

What came in

Statutory allocation48.7%
₦293,960,757
Value added tax (VAT)39.0%
₦235,272,384
Augmentation8.1%
₦48,985,751
Solid minerals revenue2.4%
₦14,510,516
Ecological fund1.8%
₦10,723,711
Gross allocation
₦603,453,118

What came off first

Ecology transfer
− ₦10,723,711
Net allocation
₦592,729,408
Mayfrom April revenue₦615.4M+3.8% on the month before

What came in

Value added tax (VAT)45.4%
₦284,104,892
Statutory allocation43.2%
₦270,101,418
Augmentation9.8%
₦61,232,189
Ecological fund1.6%
₦9,940,008
Gross allocation
₦625,378,507

What came off first

Ecology transfer
− ₦9,940,008
Net allocation
₦615,438,499
Junefrom May revenue₦565.7M−8.1% on the month before

What came in

Statutory allocation60.5%
₦348,610,421
Value added tax (VAT)37.7%
₦217,082,203
Ecological fund1.8%
₦10,458,313
Gross allocation
₦576,150,937

What came off first

Ecology transfer
− ₦10,458,313
Net allocation
₦565,692,624
Julyfrom June revenue₦705.2M+24.7% on the month before

What came in

Statutory allocation54.9%
₦394,901,458
Value added tax (VAT)34.6%
₦249,018,854
Augmentation8.5%
₦61,232,189
Ecological fund1.9%
₦13,684,009
Gross allocation
₦718,836,511

What came off first

Ecology transfer
− ₦13,684,009
Net allocation
₦705,152,501
TotalJan–Jul 2026₦4,130,742,274

Check the source

Monthly FAAC reportsOffice of the Accountant-General of the Federation
Open reports
About these figures

Source: monthly FAAC disbursement reports (net allocations to Eket LGA), 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.

This is what FAAC shared to the council. The constitution routes it through a joint account with the state, so it does not show what reached the council’s own account. An allocation is income: it does not show how the money was spent.