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Ibesikpo Asutan LGA · Akwa Ibom State · Federal allocation

Ibesikpo Asutan LGA FAAC Allocation 2025

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

Ibesikpo Asutan LGA in Akwa Ibom State received ₦5,712,797,096 (about ₦5.7B) in FAAC federal allocations in 2025. That is about ₦476.1M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.71B

₦5,712,797,096

+39.9% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦560.6M

Lowest · January

₦382.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.74B 47.4%

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

Statutory allocation₦2.55B 44.1%

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

Exchange rate gain₦147.5M 2.5%

Extra naira earned when dollar revenue is converted at a higher rate than planned.

Electronic transfer levy₦143.7M 2.5%

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

Augmentation₦107.7M 1.9%

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

Ecological fund₦84.4M 1.5%

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

Solid minerals revenue₦5.7M 0.1%

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
₦5,786,317,896
Ecology transfer
− ₦50,918,907
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦22,601,894
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,712,797,096

About ₦1.27 of every ₦100 was taken off before Ibesikpo Asutan’s share was set.

Among Akwa Ibom’s councils

Ibesikpo Asutan’s 2025 total is the 12th 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 record

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

Januaryfrom December 2024 revenue₦382.6M−10.0% on the month before

What came in

Value added tax (VAT)55.2%
₦212,581,194
Exchange rate gain21.5%
₦82,815,619
Statutory allocation19.2%
₦73,833,314
Electronic transfer levy2.9%
₦10,984,325
Ecological fund1.2%
₦4,699,468
Gross allocation
₦384,913,920

What came off first

Ecology transfer
− ₦2,349,734
Net allocation
₦382,564,186
Februaryfrom January revenue₦457.2M+19.5% on the month before

What came in

Value added tax (VAT)54.9%
₦252,606,678
Statutory allocation32.9%
₦151,291,276
Augmentation9.4%
₦43,184,154
Electronic transfer levy1.6%
₦7,201,073
Ecological fund1.3%
₦5,834,263
Gross allocation
₦460,117,443

What came off first

Ecology transfer
− ₦2,917,131
Net allocation
₦457,200,312
Marchfrom February revenue₦437.3M−4.3% on the month before

What came in

Value added tax (VAT)48.6%
₦213,920,270
Statutory allocation36.6%
₦161,264,399
Augmentation9.4%
₦41,286,816
Electronic transfer levy2.7%
₦12,051,971
Ecological fund1.4%
₦6,247,369
Solid minerals revenue1.3%
₦5,694,420
Gross allocation
₦440,465,245

What came off first

Ecology transfer
− ₦3,123,685
Net allocation
₦437,341,560
Aprilfrom March revenue₦413.9M−5.4% on the month before

What came in

Value added tax (VAT)50.5%
₦210,470,778
Statutory allocation44.6%
₦186,018,816
Electronic transfer levy2.1%
₦8,659,548
Exchange rate gain1.4%
₦5,900,917
Ecological fund1.4%
₦5,757,592
Gross allocation
₦416,807,651

What came off first

Ecology transfer
− ₦2,878,796
Net allocation
₦413,928,855
Mayfrom April revenue₦448.3M+8.3% on the month before

What came in

Value added tax (VAT)49.8%
₦224,858,731
Statutory allocation42.1%
₦189,903,398
Exchange rate gain3.8%
₦16,933,540
Electronic transfer levy3.0%
₦13,506,073
Ecological fund1.4%
₦6,205,108
Gross allocation
₦451,406,850

What came off first

Ecology transfer
− ₦3,102,554
Net allocation
₦448,304,296
Junefrom May revenue₦448.9M+0.1% on the month before

What came in

Value added tax (VAT)54.7%
₦247,116,342
Statutory allocation38.4%
₦173,264,733
Exchange rate gain3.6%
₦16,105,456
Electronic transfer levy2.1%
₦9,598,112
Ecological fund1.3%
₦5,681,106
Gross allocation
₦451,765,748

What came off first

Ecology transfer
− ₦2,840,553
Net allocation
₦448,925,195
Julyfrom June revenue₦483.3M+7.6% on the month before

What came in

Value added tax (VAT)47.0%
₦228,981,518
Statutory allocation42.9%
₦208,901,138
Augmentation4.8%
₦23,194,840
Electronic transfer levy2.1%
₦10,136,484
Exchange rate gain1.7%
₦8,430,446
Ecological fund1.5%
₦7,215,793
Gross allocation
₦486,860,219

What came off first

Ecology transfer
− ₦3,607,896
Net allocation
₦483,252,323
Augustfrom July revenue₦534.3M+10.6% on the month before

What came in

Statutory allocation50.2%
₦270,256,452
Value added tax (VAT)44.2%
₦238,233,830
Electronic transfer levy2.4%
₦13,035,040
Exchange rate gain1.6%
₦8,605,316
Ecological fund1.6%
₦8,365,853
Gross allocation
₦538,496,492

What came off first

Ecology transfer
− ₦4,182,927
Net allocation
₦534,313,565
Septemberfrom August revenue₦549.1M+2.8% on the month before

What came in

Statutory allocation52.3%
₦301,366,201
Value added tax (VAT)42.7%
₦245,854,946
Electronic transfer levy1.9%
₦11,117,503
Ecological fund1.6%
₦9,302,508
Exchange rate gain1.5%
₦8,717,414
Gross allocation
₦576,358,573

What came off first

Other deductions
− ₦22,601,894
Ecology transfer
− ₦4,651,254
Net allocation
₦549,105,425
Octoberfrom September revenue₦560.6M+2.1% on the month before

What came in

Value added tax (VAT)50.2%
₦283,167,542
Statutory allocation45.4%
₦256,108,392
Electronic transfer levy3.1%
₦17,443,076
Ecological fund1.4%
₦7,683,252
Gross allocation
₦564,402,261

What came off first

Ecology transfer
− ₦3,841,626
Net allocation
₦560,560,636
Novemberfrom October revenue₦527.3M−5.9% on the month before

What came in

Statutory allocation53.5%
₦286,492,300
Value added tax (VAT)41.9%
₦224,505,244
Electronic transfer levy3.0%
₦16,341,081
Ecological fund1.6%
₦8,594,769
Gross allocation
₦535,933,393

What came off first

Ecology transfer
− ₦8,594,769
Net allocation
₦527,338,624
Decemberfrom November revenue₦470.0M−10.9% on the month before

What came in

Statutory allocation61.5%
₦294,266,063
Value added tax (VAT)33.9%
₦162,115,358
Electronic transfer levy2.8%
₦13,580,697
Ecological fund1.8%
₦8,827,982
Gross allocation
₦478,790,101

What came off first

Ecology transfer
− ₦8,827,982
Net allocation
₦469,962,119
TotalJan–Dec 2025₦5,712,797,096

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 Ibesikpo Asutan 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.