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Ika LGA · Akwa Ibom State · Federal allocation

Ika LGA FAAC Allocation 2025

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

Ika LGA in Akwa Ibom State received ₦4,856,820,947 (about ₦4.9B) in FAAC federal allocations in 2025. That is about ₦404.7M a month.

Net allocation · Jan–Dec 2025

Full year
₦4.86B

₦4,856,820,947

+39.1% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦476.7M

Lowest · January

₦326.1M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.37B 48.2%

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

Statutory allocation₦2.14B 43.4%

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

Electronic transfer levy₦123.6M 2.5%

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

Exchange rate gain₦123.5M 2.5%

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

Augmentation₦90.2M 1.8%

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

Ecological fund₦70.7M 1.4%

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

Solid minerals revenue₦4.8M 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
₦4,922,703,302
Ecology transfer
− ₦42,635,383
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦23,246,972
Amounts the report shows as taken off, without saying what for.
Net allocation
₦4,856,820,947

About ₦1.34 of every ₦100 was taken off before Ika’s share was set.

Among Akwa Ibom’s councils

Ika’s 2025 total is the 27th 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₦326.1M−9.6% on the month before

What came in

Value added tax (VAT)55.9%
₦183,468,386
Exchange rate gain21.1%
₦69,343,116
Statutory allocation18.8%
₦61,822,058
Electronic transfer levy2.9%
₦9,482,146
Ecological fund1.2%
₦3,934,955
Gross allocation
₦328,050,661

What came off first

Ecology transfer
− ₦1,967,478
Net allocation
₦326,083,184
Februaryfrom January revenue₦389.5M+19.4% on the month before

What came in

Value added tax (VAT)55.6%
₦218,011,342
Statutory allocation32.3%
₦126,679,105
Augmentation9.2%
₦36,158,925
Electronic transfer levy1.6%
₦6,212,107
Ecological fund1.2%
₦4,885,141
Gross allocation
₦391,946,621

What came off first

Ecology transfer
− ₦2,442,570
Net allocation
₦389,504,050
Marchfrom February revenue₦371.9M−4.5% on the month before

What came in

Value added tax (VAT)49.3%
₦184,588,076
Statutory allocation36.1%
₦135,029,793
Augmentation9.2%
₦34,570,248
Electronic transfer levy2.8%
₦10,359,176
Ecological fund1.4%
₦5,231,043
Solid minerals revenue1.3%
₦4,768,047
Gross allocation
₦374,546,382

What came off first

Ecology transfer
− ₦2,615,521
Net allocation
₦371,930,861
Aprilfrom March revenue₦352.5M−5.2% on the month before

What came in

Value added tax (VAT)51.3%
₦181,893,259
Statutory allocation43.9%
₦155,757,145
Electronic transfer levy2.1%
₦7,457,703
Exchange rate gain1.4%
₦4,940,952
Ecological fund1.4%
₦4,820,943
Gross allocation
₦354,870,000

What came off first

Ecology transfer
− ₦2,410,471
Net allocation
₦352,459,529
Mayfrom April revenue₦383.5M+8.8% on the month before

What came in

Value added tax (VAT)50.8%
₦196,072,939
Statutory allocation41.2%
₦159,009,780
Exchange rate gain3.7%
₦14,178,780
Electronic transfer levy3.0%
₦11,635,637
Ecological fund1.3%
₦5,195,657
Gross allocation
₦386,092,792

What came off first

Ecology transfer
− ₦2,597,828
Net allocation
₦383,494,963
Junefrom May revenue₦383.0M−0.1% on the month before

What came in

Value added tax (VAT)55.5%
₦213,823,715
Statutory allocation37.6%
₦145,077,905
Exchange rate gain3.5%
₦13,485,409
Electronic transfer levy2.1%
₦8,266,488
Ecological fund1.2%
₦4,756,899
Gross allocation
₦385,410,416

What came off first

Ecology transfer
− ₦2,378,450
Net allocation
₦383,031,967
Julyfrom June revenue₦411.7M+7.5% on the month before

What came in

Value added tax (VAT)47.9%
₦198,586,690
Statutory allocation42.2%
₦174,916,954
Augmentation4.7%
₦19,421,488
Electronic transfer levy2.1%
₦8,732,784
Exchange rate gain1.7%
₦7,058,975
Ecological fund1.5%
₦6,041,923
Gross allocation
₦414,758,813

What came off first

Ecology transfer
− ₦3,020,961
Net allocation
₦411,737,852
Augustfrom July revenue₦455.6M+10.7% on the month before

What came in

Statutory allocation49.3%
₦226,290,943
Value added tax (VAT)45.2%
₦207,400,907
Electronic transfer levy2.4%
₦11,225,253
Exchange rate gain1.6%
₦7,205,397
Ecological fund1.5%
₦7,004,890
Gross allocation
₦459,127,390

What came off first

Ecology transfer
− ₦3,502,445
Net allocation
₦455,624,945
Septemberfrom August revenue₦463.3M+1.7% on the month before

What came in

Statutory allocation51.4%
₦252,339,736
Value added tax (VAT)43.5%
₦213,467,745
Electronic transfer levy1.9%
₦9,561,077
Ecological fund1.6%
₦7,789,170
Exchange rate gain1.5%
₦7,299,259
Gross allocation
₦490,456,987

What came off first

Other deductions
− ₦23,246,972
Ecology transfer
− ₦3,894,585
Net allocation
₦463,315,430
Octoberfrom September revenue₦476.7M+2.9% on the month before

What came in

Value added tax (VAT)50.9%
₦244,056,958
Statutory allocation44.7%
₦214,444,499
Electronic transfer levy3.1%
₦14,955,489
Ecological fund1.3%
₦6,433,335
Gross allocation
₦479,890,281

What came off first

Ecology transfer
− ₦3,216,667
Net allocation
₦476,673,613
Novemberfrom October revenue₦446.2M−6.4% on the month before

What came in

Statutory allocation52.9%
₦239,885,531
Value added tax (VAT)42.4%
₦192,243,150
Electronic transfer levy3.1%
₦14,037,045
Ecological fund1.6%
₦7,196,566
Gross allocation
₦453,362,292

What came off first

Ecology transfer
− ₦7,196,566
Net allocation
₦446,165,726
Decemberfrom November revenue₦396.8M−11.1% on the month before

What came in

Statutory allocation61.0%
₦246,394,653
Value added tax (VAT)34.3%
₦138,731,649
Electronic transfer levy2.9%
₦11,672,524
Ecological fund1.8%
₦7,391,840
Gross allocation
₦404,190,666

What came off first

Ecology transfer
− ₦7,391,840
Net allocation
₦396,798,827
TotalJan–Dec 2025₦4,856,820,947

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 Ika 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.