Ibeno LGA · Akwa Ibom State · Federal allocation
Ibeno LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Ibeno LGA in Akwa Ibom State received ₦4,922,430,257 (about ₦4.9B) in FAAC federal allocations in 2025. That is about ₦410.2M a month.
Net allocation · Jan–Dec 2025
Full year₦4,922,430,257
+38.1% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦484.6MLowest · January
₦331.1MWhere the money came from
Share of gross allocation
The council’s share of the 7.5% tax paid on goods and services.
The council’s share of the Federation Account: oil and gas income, company taxes and customs duties.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
The ₦50 charged on bank transfers of ₦10,000 or more.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
Income from mining, shared in the months it is distributed.
Before deductions. Percentages may not sum to 100% due to rounding.
What came off first
- Gross allocation
- ₦5,008,201,245
- Ecology transfer
- − ₦43,875,389
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Other deductions
- − ₦41,895,599
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦4,922,430,257
About ₦1.71 of every ₦100 was taken off before Ibeno’s share was set.
Among Akwa Ibom’s councils
Ibeno’s 2025 total is the 26th 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
12 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 2024 revenue₦331.1M−9.8% on the month before
What came in
- Value added tax (VAT)55.4%
- ₦184,575,963
- Exchange rate gain21.4%
- ₦71,359,888
- Statutory allocation19.1%
- ₦63,620,088
- Electronic transfer levy2.9%
- ₦9,539,295
- Ecological fund1.2%
- ₦4,049,399
- Gross allocation
- ₦333,144,634
What came off first
- Ecology transfer
- − ₦2,024,700
- Net allocation
- ₦331,119,934
Februaryfrom January revenue₦395.7M+19.5% on the month before
What came in
- Value added tax (VAT)55.1%
- ₦219,327,499
- Statutory allocation32.7%
- ₦130,363,434
- Augmentation9.3%
- ₦37,210,570
- Electronic transfer levy1.6%
- ₦6,249,732
- Ecological fund1.3%
- ₦5,027,220
- Gross allocation
- ₦398,178,454
What came off first
- Ecology transfer
- − ₦2,513,610
- Net allocation
- ₦395,664,844
Marchfrom February revenue₦378.3M−4.4% on the month before
What came in
- Value added tax (VAT)48.7%
- ₦185,703,999
- Statutory allocation36.5%
- ₦138,956,993
- Augmentation9.3%
- ₦35,575,687
- Electronic transfer levy2.7%
- ₦10,423,577
- Ecological fund1.4%
- ₦5,383,182
- Solid minerals revenue1.3%
- ₦4,906,721
- Gross allocation
- ₦380,950,160
What came off first
- Ecology transfer
- − ₦2,691,591
- Net allocation
- ₦378,258,569
Aprilfrom March revenue₦358.3M−5.3% on the month before
What came in
- Value added tax (VAT)50.7%
- ₦182,980,471
- Statutory allocation44.4%
- ₦160,287,178
- Electronic transfer levy2.1%
- ₦7,503,426
- Exchange rate gain1.4%
- ₦5,084,654
- Ecological fund1.4%
- ₦4,961,155
- Gross allocation
- ₦360,816,884
What came off first
- Ecology transfer
- − ₦2,480,577
- Net allocation
- ₦358,336,307
Mayfrom April revenue₦389.8M+8.8% on the month before
What came in
- Value added tax (VAT)50.2%
- ₦197,168,075
- Statutory allocation41.7%
- ₦163,634,413
- Exchange rate gain3.7%
- ₦14,591,155
- Electronic transfer levy3.0%
- ₦11,706,796
- Ecological fund1.4%
- ₦5,346,767
- Gross allocation
- ₦392,447,206
What came off first
- Ecology transfer
- − ₦2,673,384
- Net allocation
- ₦389,773,822
Junefrom May revenue₦389.0M−0.2% on the month before
What came in
- Value added tax (VAT)54.9%
- ₦215,090,311
- Statutory allocation38.1%
- ₦149,297,344
- Exchange rate gain3.5%
- ₦13,877,618
- Electronic transfer levy2.1%
- ₦8,317,149
- Ecological fund1.3%
- ₦4,895,249
- Gross allocation
- ₦391,477,670
What came off first
- Ecology transfer
- − ₦2,447,624
- Net allocation
- ₦389,030,046
Julyfrom June revenue₦418.9M+7.7% on the month before
What came in
- Value added tax (VAT)47.3%
- ₦199,743,041
- Statutory allocation42.7%
- ₦180,004,231
- Augmentation4.7%
- ₦19,986,341
- Electronic transfer levy2.1%
- ₦8,786,187
- Exchange rate gain1.7%
- ₦7,264,278
- Ecological fund1.5%
- ₦6,217,646
- Gross allocation
- ₦422,001,723
What came off first
- Ecology transfer
- − ₦3,108,823
- Net allocation
- ₦418,892,900
Augustfrom July revenue₦463.8M+10.7% on the month before
What came in
- Statutory allocation49.8%
- ₦232,872,378
- Value added tax (VAT)44.6%
- ₦208,573,925
- Electronic transfer levy2.4%
- ₦11,294,106
- Exchange rate gain1.6%
- ₦7,414,958
- Ecological fund1.5%
- ₦7,208,620
- Gross allocation
- ₦467,363,987
What came off first
- Ecology transfer
- − ₦3,604,310
- Net allocation
- ₦463,759,677
Septemberfrom August revenue₦453.6M−2.2% on the month before
What came in
- Statutory allocation52.0%
- ₦259,678,773
- Value added tax (VAT)43.0%
- ₦214,699,895
- Electronic transfer levy1.9%
- ₦9,620,290
- Ecological fund1.6%
- ₦8,015,710
- Exchange rate gain1.5%
- ₦7,511,551
- Gross allocation
- ₦499,526,218
What came off first
- Other deductions
- − ₦41,895,599
- Ecology transfer
- − ₦4,007,855
- Net allocation
- ₦453,622,764
Octoberfrom September revenue₦484.6M+6.8% on the month before
What came in
- Value added tax (VAT)50.3%
- ₦245,544,894
- Statutory allocation45.2%
- ₦220,681,393
- Electronic transfer levy3.1%
- ₦15,050,127
- Ecological fund1.4%
- ₦6,620,442
- Gross allocation
- ₦487,896,856
What came off first
- Ecology transfer
- − ₦3,310,221
- Net allocation
- ₦484,586,635
Novemberfrom October revenue₦454.5M−6.2% on the month before
What came in
- Statutory allocation53.4%
- ₦246,862,351
- Value added tax (VAT)41.9%
- ₦193,470,540
- Electronic transfer levy3.1%
- ₦14,124,700
- Ecological fund1.6%
- ₦7,405,871
- Gross allocation
- ₦461,863,461
What came off first
- Ecology transfer
- − ₦7,405,871
- Net allocation
- ₦454,457,591
Decemberfrom November revenue₦404.9M−10.9% on the month before
What came in
- Statutory allocation61.5%
- ₦253,560,784
- Value added tax (VAT)33.8%
- ₦139,621,267
- Electronic transfer levy2.8%
- ₦11,745,119
- Ecological fund1.8%
- ₦7,606,824
- Gross allocation
- ₦412,533,993
What came off first
- Ecology transfer
- − ₦7,606,824
- Net allocation
- ₦404,927,170
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Ibeno 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.