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Okobo LGA · Akwa Ibom State · Federal allocation

Okobo LGA FAAC Allocation 2025

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

Okobo LGA in Akwa Ibom State received ₦5,133,692,034 (about ₦5.1B) in FAAC federal allocations in 2025. That is about ₦427.8M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.13B

₦5,133,692,034

+38.6% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦504.7M

Lowest · January

₦345.7M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.55B 49.1%

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

Statutory allocation₦2.21B 42.6%

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

Electronic transfer levy₦133.3M 2.6%

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

Exchange rate gain₦128.0M 2.5%

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

Augmentation₦93.4M 1.8%

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

Ecological fund₦73.2M 1.4%

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

Solid minerals revenue₦4.9M 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
₦5,200,623,323
Ecology transfer
− ₦44,176,923
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦22,754,367
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,133,692,034

About ₦1.29 of every ₦100 was taken off before Okobo’s share was set.

Among Akwa Ibom’s councils

Okobo’s 2025 total is the 24th 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₦345.7M−9.3% on the month before

What came in

Value added tax (VAT)56.8%
₦197,587,840
Exchange rate gain20.7%
₦71,850,309
Statutory allocation18.4%
₦64,057,318
Electronic transfer levy2.9%
₦10,210,689
Ecological fund1.2%
₦4,077,229
Gross allocation
₦347,783,384

What came off first

Ecology transfer
− ₦2,038,614
Net allocation
₦345,744,770
Februaryfrom January revenue₦412.7M+19.4% on the month before

What came in

Value added tax (VAT)56.5%
₦234,789,773
Statutory allocation31.6%
₦131,259,357
Augmentation9.0%
₦37,466,300
Electronic transfer levy1.6%
₦6,691,747
Ecological fund1.2%
₦5,061,770
Gross allocation
₦415,268,946

What came off first

Ecology transfer
− ₦2,530,885
Net allocation
₦412,738,062
Marchfrom February revenue₦393.4M−4.7% on the month before

What came in

Value added tax (VAT)50.2%
₦198,813,929
Statutory allocation35.3%
₦139,911,976
Augmentation9.0%
₦35,820,181
Electronic transfer levy2.8%
₦11,180,167
Ecological fund1.4%
₦5,420,178
Solid minerals revenue1.2%
₦4,940,443
Gross allocation
₦396,086,874

What came off first

Ecology transfer
− ₦2,710,089
Net allocation
₦393,376,785
Aprilfrom March revenue₦372.8M−5.2% on the month before

What came in

Value added tax (VAT)52.2%
₦195,753,102
Statutory allocation43.0%
₦161,388,753
Electronic transfer levy2.1%
₦8,040,587
Exchange rate gain1.4%
₦5,119,598
Ecological fund1.3%
₦4,995,251
Gross allocation
₦375,297,290

What came off first

Ecology transfer
− ₦2,497,625
Net allocation
₦372,799,665
Mayfrom April revenue₦404.7M+8.6% on the month before

What came in

Value added tax (VAT)51.6%
₦210,033,792
Statutory allocation40.4%
₦164,758,991
Exchange rate gain3.6%
₦14,691,433
Electronic transfer levy3.1%
₦12,542,782
Ecological fund1.3%
₦5,383,513
Gross allocation
₦407,410,511

What came off first

Ecology transfer
− ₦2,691,756
Net allocation
₦404,718,754
Junefrom May revenue₦405.6M+0.2% on the month before

What came in

Value added tax (VAT)56.4%
₦229,970,343
Statutory allocation36.8%
₦150,323,391
Exchange rate gain3.4%
₦13,972,992
Electronic transfer levy2.2%
₦8,912,314
Ecological fund1.2%
₦4,928,891
Gross allocation
₦408,107,931

What came off first

Ecology transfer
− ₦2,464,446
Net allocation
₦405,643,485
Julyfrom June revenue₦434.6M+7.1% on the month before

What came in

Value added tax (VAT)48.7%
₦213,327,912
Statutory allocation41.4%
₦181,241,311
Augmentation4.6%
₦20,123,697
Electronic transfer levy2.2%
₦9,413,566
Exchange rate gain1.7%
₦7,314,202
Ecological fund1.4%
₦6,260,376
Gross allocation
₦437,681,064

What came off first

Ecology transfer
− ₦3,130,188
Net allocation
₦434,550,876
Augustfrom July revenue₦480.0M+10.5% on the month before

What came in

Statutory allocation48.5%
₦234,472,795
Value added tax (VAT)46.0%
₦222,354,601
Electronic transfer levy2.5%
₦12,102,984
Exchange rate gain1.5%
₦7,465,918
Ecological fund1.5%
₦7,258,161
Gross allocation
₦483,654,459

What came off first

Ecology transfer
− ₦3,629,081
Net allocation
₦480,025,378
Septemberfrom August revenue₦489.8M+2.0% on the month before

What came in

Statutory allocation50.6%
₦261,463,417
Value added tax (VAT)44.4%
₦229,175,250
Electronic transfer levy2.0%
₦10,315,930
Ecological fund1.6%
₦8,070,798
Exchange rate gain1.5%
₦7,563,174
Gross allocation
₦516,588,568

What came off first

Other deductions
− ₦22,754,367
Ecology transfer
− ₦4,035,399
Net allocation
₦489,798,802
Octoberfrom September revenue₦504.7M+3.0% on the month before

What came in

Value added tax (VAT)51.8%
₦263,025,244
Statutory allocation43.7%
₦222,198,027
Electronic transfer levy3.2%
₦16,161,946
Ecological fund1.3%
₦6,665,941
Gross allocation
₦508,051,158

What came off first

Ecology transfer
− ₦3,332,970
Net allocation
₦504,718,188
Novemberfrom October revenue₦471.6M−6.6% on the month before

What came in

Statutory allocation51.9%
₦248,558,914
Value added tax (VAT)43.4%
₦207,889,979
Electronic transfer levy3.2%
₦15,154,482
Ecological fund1.6%
₦7,456,767
Gross allocation
₦479,060,142

What came off first

Ecology transfer
− ₦7,456,767
Net allocation
₦471,603,375
Decemberfrom November revenue₦418.0M−11.4% on the month before

What came in

Statutory allocation60.0%
₦255,303,382
Value added tax (VAT)35.3%
₦150,072,540
Electronic transfer levy3.0%
₦12,597,971
Ecological fund1.8%
₦7,659,101
Gross allocation
₦425,632,995

What came off first

Ecology transfer
− ₦7,659,101
Net allocation
₦417,973,894
TotalJan–Dec 2025₦5,133,692,034

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 Okobo 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.