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Nsit Ibom LGA · Akwa Ibom State · Federal allocation

Nsit Ibom LGA FAAC Allocation 2026

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

Nsit Ibom LGA in Akwa Ibom State received ₦3,666,477,612 (about ₦3.7B) in FAAC federal allocations between January and July 2026. That is about ₦523.8M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦3.67B

₦3,666,477,612

+28.1% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦623.7M

Lowest · March

₦446.3M

Where the money came from

Share of gross allocation

Statutory allocation₦1.78B 47.7%

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

Value added tax (VAT)₦1.70B 45.5%

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

Augmentation₦171.1M 4.6%

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

Ecological fund₦58.8M 1.6%

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

Solid minerals revenue₦12.7M 0.3%

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

Electronic transfer levy₦12.3M 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
₦3,725,246,106
Ecology transfer
− ₦58,768,494
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦3,666,477,612

About ₦1.58 of every ₦100 was taken off before Nsit Ibom’s share was set.

Among Akwa Ibom’s councils

Nsit Ibom’s 2026 total is the 20th 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₦512.2M+17.5% on the month before

What came in

Value added tax (VAT)55.6%
₦288,461,383
Statutory allocation40.8%
₦211,495,348
Electronic transfer levy2.4%
₦12,272,295
Ecological fund1.2%
₦6,344,860
Gross allocation
₦518,573,887

What came off first

Ecology transfer
− ₦6,344,860
Net allocation
₦512,229,026
Februaryfrom January revenue₦504.1M−1.6% on the month before

What came in

Value added tax (VAT)60.8%
₦310,126,452
Statutory allocation33.8%
₦172,551,991
Augmentation4.2%
₦21,392,923
Ecological fund1.1%
₦5,818,347
Gross allocation
₦509,889,712

What came off first

Ecology transfer
− ₦5,818,347
Net allocation
₦504,071,365
Marchfrom February revenue₦446.3M−11.5% on the month before

What came in

Statutory allocation54.9%
₦249,004,811
Value added tax (VAT)43.5%
₦197,276,559
Ecological fund1.6%
₦7,470,144
Gross allocation
₦453,751,515

What came off first

Ecology transfer
− ₦7,470,144
Net allocation
₦446,281,371
Aprilfrom March revenue₦531.0M+19.0% on the month before

What came in

Statutory allocation47.5%
₦256,755,468
Value added tax (VAT)40.5%
₦218,790,694
Augmentation7.9%
₦42,785,845
Solid minerals revenue2.3%
₦12,673,985
Ecological fund1.7%
₦9,366,459
Gross allocation
₦540,372,450

What came off first

Ecology transfer
− ₦9,366,459
Net allocation
₦531,005,991
Mayfrom April revenue₦549.6M+3.5% on the month before

What came in

Value added tax (VAT)46.6%
₦260,213,711
Statutory allocation42.3%
₦235,915,898
Augmentation9.6%
₦53,482,306
Ecological fund1.6%
₦8,681,946
Gross allocation
₦558,293,861

What came off first

Ecology transfer
− ₦8,681,946
Net allocation
₦549,611,915
Junefrom May revenue₦499.5M−9.1% on the month before

What came in

Statutory allocation59.9%
₦304,488,369
Value added tax (VAT)38.3%
₦195,055,518
Ecological fund1.8%
₦9,134,651
Gross allocation
₦508,678,539

What came off first

Ecology transfer
− ₦9,134,651
Net allocation
₦499,543,888
Julyfrom June revenue₦623.7M+24.9% on the month before

What came in

Statutory allocation54.3%
₦344,920,559
Value added tax (VAT)35.4%
₦225,331,191
Augmentation8.4%
₦53,482,306
Ecological fund1.9%
₦11,952,086
Gross allocation
₦635,686,142

What came off first

Ecology transfer
− ₦11,952,086
Net allocation
₦623,734,056
TotalJan–Jul 2026₦3,666,477,612

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 Nsit 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.