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Ibiono Ibom LGA · Akwa Ibom State · Federal allocation

Ibiono Ibom LGA FAAC Allocation 2025

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

Ibiono Ibom LGA in Akwa Ibom State received ₦6,264,500,327 (about ₦6.3B) in FAAC federal allocations in 2025. That is about ₦522.0M a month.

Net allocation · Jan–Dec 2025

Full year
₦6.26B

₦6,264,500,327

+38.3% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦617.5M

Lowest · January

₦421.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.05B 47.9%

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

Statutory allocation₦2.78B 43.7%

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

Exchange rate gain₦160.5M 2.5%

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

Electronic transfer levy₦160.1M 2.5%

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

Augmentation₦117.1M 1.8%

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

Ecological fund₦91.8M 1.4%

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

Solid minerals revenue₦6.2M 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
₦6,362,321,131
Ecology transfer
− ₦55,397,413
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦42,423,391
Amounts the report shows as taken off, without saying what for.
Net allocation
₦6,264,500,327

About ₦1.54 of every ₦100 was taken off before Ibiono Ibom’s share was set.

Among Akwa Ibom’s councils

Ibiono Ibom’s 2025 total is the 3rd 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₦421.6M−10.0% on the month before

What came in

Value added tax (VAT)55.7%
₦236,420,193
Exchange rate gain21.2%
₦90,099,559
Statutory allocation18.9%
₦80,327,227
Electronic transfer levy2.9%
₦12,214,383
Ecological fund1.2%
₦5,112,804
Gross allocation
₦424,174,166

What came off first

Ecology transfer
− ₦2,556,402
Net allocation
₦421,617,764
Februaryfrom January revenue₦503.7M+19.5% on the month before

What came in

Value added tax (VAT)55.4%
₦280,935,040
Statutory allocation32.5%
₦164,597,904
Augmentation9.3%
₦46,982,360
Electronic transfer levy1.6%
₦8,010,886
Ecological fund1.3%
₦6,347,408
Gross allocation
₦506,873,598

What came off first

Ecology transfer
− ₦3,173,704
Net allocation
₦503,699,894
Marchfrom February revenue₦481.3M−4.4% on the month before

What came in

Value added tax (VAT)49.1%
₦237,938,913
Statutory allocation36.2%
₦175,448,200
Augmentation9.3%
₦44,918,144
Electronic transfer levy2.8%
₦13,438,115
Ecological fund1.4%
₦6,796,848
Solid minerals revenue1.3%
₦6,195,265
Gross allocation
₦484,735,486

What came off first

Ecology transfer
− ₦3,398,424
Net allocation
₦481,337,062
Aprilfrom March revenue₦455.4M−5.4% on the month before

What came in

Value added tax (VAT)51.0%
₦233,871,456
Statutory allocation44.1%
₦202,379,860
Electronic transfer levy2.1%
₦9,643,678
Exchange rate gain1.4%
₦6,419,925
Ecological fund1.4%
₦6,263,994
Gross allocation
₦458,578,912

What came off first

Ecology transfer
− ₦3,131,997
Net allocation
₦455,446,915
Mayfrom April revenue₦491.9M+8.0% on the month before

What came in

Value added tax (VAT)50.2%
₦248,429,953
Statutory allocation41.7%
₦206,606,105
Exchange rate gain3.7%
₦18,422,908
Electronic transfer levy3.0%
₦15,037,678
Ecological fund1.4%
₦6,750,870
Gross allocation
₦495,247,514

What came off first

Ecology transfer
− ₦3,375,435
Net allocation
₦491,872,079
Junefrom May revenue₦494.2M+0.5% on the month before

What came in

Value added tax (VAT)55.2%
₦274,377,982
Statutory allocation37.9%
₦188,504,009
Exchange rate gain3.5%
₦17,521,990
Electronic transfer levy2.1%
₦10,688,510
Ecological fund1.2%
₦6,180,780
Gross allocation
₦497,273,271

What came off first

Ecology transfer
− ₦3,090,390
Net allocation
₦494,182,881
Julyfrom June revenue₦530.8M+7.4% on the month before

What came in

Value added tax (VAT)47.5%
₦253,870,298
Statutory allocation42.5%
₦227,274,768
Augmentation4.7%
₦25,234,913
Electronic transfer levy2.1%
₦11,285,902
Exchange rate gain1.7%
₦9,171,935
Ecological fund1.5%
₦7,850,448
Gross allocation
₦534,688,264

What came off first

Ecology transfer
− ₦3,925,224
Net allocation
₦530,763,039
Augustfrom July revenue₦585.9M+10.4% on the month before

What came in

Statutory allocation49.8%
₦294,026,509
Value added tax (VAT)44.6%
₦263,481,344
Electronic transfer levy2.5%
₦14,516,983
Exchange rate gain1.6%
₦9,362,185
Ecological fund1.5%
₦9,101,661
Gross allocation
₦590,488,681

What came off first

Ecology transfer
− ₦4,550,830
Net allocation
₦585,937,851
Septemberfrom August revenue₦584.8M−0.2% on the month before

What came in

Statutory allocation51.9%
₦327,872,475
Value added tax (VAT)43.1%
₦272,375,178
Electronic transfer levy2.0%
₦12,391,981
Ecological fund1.6%
₦10,120,699
Exchange rate gain1.5%
₦9,484,143
Gross allocation
₦632,244,476

What came off first

Other deductions
− ₦42,423,391
Ecology transfer
− ₦5,060,349
Net allocation
₦584,760,736
Octoberfrom September revenue₦617.5M+5.6% on the month before

What came in

Value added tax (VAT)50.7%
₦315,193,211
Statutory allocation44.8%
₦278,634,074
Electronic transfer levy3.1%
₦19,480,034
Ecological fund1.3%
₦8,359,022
Gross allocation
₦621,666,341

What came off first

Ecology transfer
− ₦4,179,511
Net allocation
₦617,486,830
Novemberfrom October revenue₦580.8M−5.9% on the month before

What came in

Statutory allocation52.8%
₦311,690,359
Value added tax (VAT)42.5%
₦250,923,032
Electronic transfer levy3.1%
₦18,227,739
Ecological fund1.6%
₦9,350,711
Gross allocation
₦590,191,841

What came off first

Ecology transfer
− ₦9,350,711
Net allocation
₦580,841,130
Decemberfrom November revenue₦516.6M−11.1% on the month before

What came in

Statutory allocation60.8%
₦320,147,854
Value added tax (VAT)34.5%
₦181,263,089
Electronic transfer levy2.9%
₦15,143,203
Ecological fund1.8%
₦9,604,436
Gross allocation
₦526,158,581

What came off first

Ecology transfer
− ₦9,604,436
Net allocation
₦516,554,146
TotalJan–Dec 2025₦6,264,500,327

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 Ibiono Ibom 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.