Okobo LGA · Akwa Ibom State · Federal allocation
Okobo LGA FAAC Allocation 2026
What was shared to the council each month, where it came from, and what came off first.
Okobo LGA in Akwa Ibom State received ₦3,537,407,103 (about ₦3.5B) in FAAC federal allocations between January and July 2026. That is about ₦505.3M a month.
Net allocation · Jan–Jul 2026
7 months on record₦3,537,407,103
+27.7% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · July
₦598.4MLowest · March
₦430.1MWhere the money came from
Share of gross allocation
The council’s share of the 7.5% tax paid on goods and services.
The council’s share of the Federation Account: oil and gas income, company taxes and customs duties.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
The ₦50 charged on bank transfers of ₦10,000 or more.
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
- ₦3,592,688,909
- Ecology transfer
- − ₦55,281,806
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Net allocation
- ₦3,537,407,103
About ₦1.54 of every ₦100 was taken off before Okobo’s share was set.
Among Akwa Ibom’s councils
Okobo’s 2026 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
7 months on recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Januaryfrom December 2025 revenue₦496.7M+18.8% on the month before
What came in
- Value added tax (VAT)56.8%
- ₦285,569,592
- Statutory allocation39.6%
- ₦198,947,497
- Electronic transfer levy2.4%
- ₦12,142,106
- Ecological fund1.2%
- ₦5,968,425
- Gross allocation
- ₦502,627,619
What came off first
- Ecology transfer
- − ₦5,968,425
- Net allocation
- ₦496,659,194
Februaryfrom January revenue₦490.3M−1.3% on the month before
What came in
- Value added tax (VAT)62.1%
- ₦307,841,680
- Statutory allocation32.7%
- ₦162,314,618
- Augmentation4.1%
- ₦20,123,697
- Ecological fund1.1%
- ₦5,473,149
- Gross allocation
- ₦495,753,145
What came off first
- Ecology transfer
- − ₦5,473,149
- Net allocation
- ₦490,279,995
Marchfrom February revenue₦430.1M−12.3% on the month before
What came in
- Statutory allocation53.6%
- ₦234,231,553
- Value added tax (VAT)44.8%
- ₦195,866,560
- Ecological fund1.6%
- ₦7,026,947
- Gross allocation
- ₦437,125,060
What came off first
- Ecology transfer
- − ₦7,026,947
- Net allocation
- ₦430,098,113
Aprilfrom March revenue₦511.3M+18.9% on the month before
What came in
- Statutory allocation46.4%
- ₦241,522,369
- Value added tax (VAT)41.8%
- ₦217,616,928
- Augmentation7.7%
- ₦40,247,395
- Solid minerals revenue2.3%
- ₦11,922,047
- Ecological fund1.7%
- ₦8,810,754
- Gross allocation
- ₦520,119,494
What came off first
- Ecology transfer
- − ₦8,810,754
- Net allocation
- ₦511,308,740
Mayfrom April revenue₦530.7M+3.8% on the month before
What came in
- Value added tax (VAT)48.0%
- ₦258,512,269
- Statutory allocation41.2%
- ₦221,919,194
- Augmentation9.3%
- ₦50,309,244
- Ecological fund1.5%
- ₦8,166,853
- Gross allocation
- ₦538,907,560
What came off first
- Ecology transfer
- − ₦8,166,853
- Net allocation
- ₦530,740,707
Junefrom May revenue₦479.9M−9.6% on the month before
What came in
- Statutory allocation58.6%
- ₦286,423,316
- Value added tax (VAT)39.6%
- ₦193,486,858
- Ecological fund1.8%
- ₦8,592,699
- Gross allocation
- ₦488,502,874
What came off first
- Ecology transfer
- − ₦8,592,699
- Net allocation
- ₦479,910,174
Julyfrom June revenue₦598.4M+24.7% on the month before
What came in
- Statutory allocation53.2%
- ₦324,456,695
- Value added tax (VAT)36.7%
- ₦223,644,242
- Augmentation8.3%
- ₦50,309,244
- Ecological fund1.8%
- ₦11,242,978
- Gross allocation
- ₦609,653,159
What came off first
- Ecology transfer
- − ₦11,242,978
- Net allocation
- ₦598,410,181
Check the source
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.