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Bakassi LGA · Cross River State · Federal allocation

Bakassi LGA FAAC Allocation 2025

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

Bakassi LGA in Cross River State received ₦4,394,722,235 (about ₦4.4B) in FAAC federal allocations in 2025. That is about ₦366.2M a month.

Net allocation · Jan–Dec 2025

Full year
₦4.39B

₦4,394,722,235

+39.9% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦434.5M

Lowest · January

₦295.2M

Where the money came from

Share of gross allocation

Statutory allocation₦2.07B 46.3%

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

Value added tax (VAT)₦2.00B 44.8%

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

Exchange rate gain₦119.6M 2.7%

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

Electronic transfer levy₦114.7M 2.6%

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

Augmentation₦87.3M 2.0%

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

Ecological fund₦68.5M 1.5%

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

Solid minerals revenue₦4.6M 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
₦4,467,263,171
Ecology transfer
− ₦41,293,747
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦31,247,189
Amounts the report shows as taken off, without saying what for.
Net allocation
₦4,394,722,235

About ₦1.62 of every ₦100 was taken off before Bakassi’s share was set.

Among Cross River’s councils

Bakassi’s 2025 total is the smallest of Cross River’s 18 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₦295.2M−11.6% on the month before

What came in

Value added tax (VAT)52.9%
₦157,182,372
Exchange rate gain22.6%
₦67,161,050
Statutory allocation20.2%
₦59,876,662
Electronic transfer levy3.0%
₦9,037,238
Ecological fund1.3%
₦3,811,131
Gross allocation
₦297,068,454

What came off first

Ecology transfer
− ₦1,905,566
Net allocation
₦295,162,888
Februaryfrom January revenue₦353.6M+19.8% on the month before

What came in

Value added tax (VAT)52.7%
₦187,648,625
Statutory allocation34.5%
₦122,692,809
Augmentation9.8%
₦35,021,089
Electronic transfer levy1.6%
₦5,826,392
Ecological fund1.3%
₦4,731,417
Gross allocation
₦355,920,331

What came off first

Ecology transfer
− ₦2,365,708
Net allocation
₦353,554,622
Marchfrom February revenue₦336.6M−4.8% on the month before

What came in

Value added tax (VAT)45.9%
₦155,681,578
Statutory allocation38.6%
₦130,780,721
Augmentation9.9%
₦33,482,403
Electronic transfer levy2.8%
₦9,550,134
Ecological fund1.5%
₦5,066,434
Solid minerals revenue1.4%
₦4,618,008
Gross allocation
₦339,179,278

What came off first

Ecology transfer
− ₦2,533,217
Net allocation
₦336,646,061
Aprilfrom March revenue₦315.7M−6.2% on the month before

What came in

Statutory allocation47.4%
₦150,855,831
Value added tax (VAT)47.4%
₦150,779,347
Electronic transfer levy2.2%
₦6,951,002
Exchange rate gain1.5%
₦4,785,472
Ecological fund1.5%
₦4,669,239
Gross allocation
₦318,040,890

What came off first

Ecology transfer
− ₦2,334,620
Net allocation
₦315,706,271
Mayfrom April revenue₦335.5M+6.3% on the month before

What came in

Value added tax (VAT)45.7%
₦154,356,954
Statutory allocation45.6%
₦154,006,113
Exchange rate gain4.1%
₦13,732,607
Electronic transfer levy3.2%
₦10,848,679
Ecological fund1.5%
₦5,032,162
Gross allocation
₦337,976,515

What came off first

Ecology transfer
− ₦2,516,081
Net allocation
₦335,460,434
Junefrom May revenue₦344.5M+2.7% on the month before

What came in

Value added tax (VAT)52.2%
₦180,915,012
Statutory allocation40.5%
₦140,512,642
Exchange rate gain3.8%
₦13,061,054
Electronic transfer levy2.2%
₦7,694,819
Ecological fund1.3%
₦4,607,211
Gross allocation
₦346,790,739

What came off first

Ecology transfer
− ₦2,303,605
Net allocation
₦344,487,133
Julyfrom June revenue₦374.3M+8.6% on the month before

What came in

Statutory allocation44.9%
₦169,412,726
Value added tax (VAT)44.6%
₦168,123,338
Augmentation5.0%
₦18,810,339
Electronic transfer levy2.2%
₦8,156,500
Exchange rate gain1.8%
₦6,836,846
Ecological fund1.6%
₦5,851,797
Gross allocation
₦377,191,546

What came off first

Ecology transfer
− ₦2,925,899
Net allocation
₦374,265,647
Augustfrom July revenue₦412.0M+10.1% on the month before

What came in

Statutory allocation52.8%
₦219,170,095
Value added tax (VAT)41.4%
₦172,052,822
Electronic transfer levy2.5%
₦10,409,928
Exchange rate gain1.7%
₦6,978,660
Ecological fund1.6%
₦6,784,463
Gross allocation
₦415,395,968

What came off first

Ecology transfer
− ₦3,392,231
Net allocation
₦412,003,736
Septemberfrom August revenue₦405.1M−1.7% on the month before

What came in

Statutory allocation55.5%
₦244,399,193
Value added tax (VAT)39.1%
₦172,291,472
Electronic transfer levy2.0%
₦8,834,388
Ecological fund1.7%
₦7,544,063
Exchange rate gain1.6%
₦7,069,569
Gross allocation
₦440,138,685

What came off first

Other deductions
− ₦31,247,189
Ecology transfer
− ₦3,772,031
Net allocation
₦405,119,464
Octoberfrom September revenue₦434.5M+7.2% on the month before

What came in

Value added tax (VAT)48.0%
₦210,038,431
Statutory allocation47.5%
₦207,696,431
Electronic transfer levy3.1%
₦13,628,737
Ecological fund1.4%
₦6,230,893
Gross allocation
₦437,594,492

What came off first

Ecology transfer
− ₦3,115,446
Net allocation
₦434,479,046
Novemberfrom October revenue₦415.3M−4.4% on the month before

What came in

Statutory allocation55.0%
₦232,336,894
Value added tax (VAT)40.3%
₦170,016,601
Electronic transfer levy3.1%
₦12,961,903
Ecological fund1.7%
₦6,970,107
Gross allocation
₦422,285,504

What came off first

Ecology transfer
− ₦6,970,107
Net allocation
₦415,315,398
Decemberfrom November revenue₦372.5M−10.3% on the month before

What came in

Statutory allocation62.9%
₦238,641,189
Value added tax (VAT)32.4%
₦123,086,102
Electronic transfer levy2.8%
₦10,794,244
Ecological fund1.9%
₦7,159,236
Gross allocation
₦379,680,770

What came off first

Ecology transfer
− ₦7,159,236
Net allocation
₦372,521,534
TotalJan–Dec 2025₦4,394,722,235

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 Bakassi 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.