Ikom LGA · Cross River State · Federal allocation
Ikom LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Ikom LGA in Cross River State received ₦6,161,939,814 (about ₦6.2B) in FAAC federal allocations in 2025. That is about ₦513.5M a month.
Net allocation · Jan–Dec 2025
Full year₦6,161,939,814
+41.1% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦607.6MLowest · January
₦411.5MWhere the money came from
Share of gross allocation
The council’s share of the Federation Account: oil and gas income, company taxes and customs duties.
The council’s share of the 7.5% tax paid on goods and services.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
The ₦50 charged on bank transfers of ₦10,000 or more.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
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
- ₦6,252,028,779
- Ecology transfer
- − ₦58,691,902
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Other deductions
- − ₦31,397,063
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦6,161,939,814
About ₦1.44 of every ₦100 was taken off before Ikom’s share was set.
Among Cross River’s councils
Ikom’s 2025 total is the 7th largest 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 recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Januaryfrom December 2024 revenue₦411.5M−12.0% on the month before
What came in
- Value added tax (VAT)52.2%
- ₦216,167,548
- Exchange rate gain23.0%
- ₦95,457,788
- Statutory allocation20.5%
- ₦85,104,294
- Electronic transfer levy2.9%
- ₦12,080,789
- Ecological fund1.3%
- ₦5,416,862
- Gross allocation
- ₦414,227,281
What came off first
- Ecology transfer
- − ₦2,708,431
- Net allocation
- ₦411,518,850
Februaryfrom January revenue₦493.1M+19.8% on the month before
What came in
- Value added tax (VAT)51.9%
- ₦257,741,895
- Statutory allocation35.1%
- ₦174,386,556
- Augmentation10.0%
- ₦49,776,406
- Electronic transfer levy1.6%
- ₦7,830,125
- Ecological fund1.4%
- ₦6,724,889
- Gross allocation
- ₦496,459,870
What came off first
- Ecology transfer
- − ₦3,362,444
- Net allocation
- ₦493,097,426
Marchfrom February revenue₦471.7M−4.3% on the month before
What came in
- Value added tax (VAT)45.3%
- ₦215,111,250
- Statutory allocation39.1%
- ₦185,882,120
- Augmentation10.0%
- ₦47,589,431
- Electronic transfer levy2.7%
- ₦12,979,890
- Ecological fund1.5%
- ₦7,201,057
- Solid minerals revenue1.4%
- ₦6,563,698
- Gross allocation
- ₦475,327,446
What came off first
- Ecology transfer
- − ₦3,600,529
- Net allocation
- ₦471,726,918
Aprilfrom March revenue₦442.6M−6.2% on the month before
What came in
- Statutory allocation48.1%
- ₦214,415,409
- Value added tax (VAT)46.8%
- ₦208,679,979
- Electronic transfer levy2.1%
- ₦9,386,049
- Exchange rate gain1.5%
- ₦6,801,718
- Ecological fund1.5%
- ₦6,636,514
- Gross allocation
- ₦445,919,669
What came off first
- Ecology transfer
- − ₦3,318,257
- Net allocation
- ₦442,601,412
Mayfrom April revenue₦469.3M+6.0% on the month before
What came in
- Statutory allocation46.3%
- ₦218,892,989
- Value added tax (VAT)45.0%
- ₦212,679,566
- Exchange rate gain4.1%
- ₦19,518,519
- Electronic transfer levy3.1%
- ₦14,638,351
- Ecological fund1.5%
- ₦7,152,345
- Gross allocation
- ₦472,881,771
What came off first
- Ecology transfer
- − ₦3,576,173
- Net allocation
- ₦469,305,598
Junefrom May revenue₦480.3M+2.3% on the month before
What came in
- Value added tax (VAT)51.4%
- ₦248,368,878
- Statutory allocation41.3%
- ₦199,714,359
- Exchange rate gain3.8%
- ₦18,564,024
- Electronic transfer levy2.1%
- ₦10,392,808
- Ecological fund1.4%
- ₦6,548,351
- Gross allocation
- ₦483,588,421
What came off first
- Ecology transfer
- − ₦3,274,176
- Net allocation
- ₦480,314,245
Julyfrom June revenue₦522.1M+8.7% on the month before
What came in
- Statutory allocation45.8%
- ₦240,790,818
- Value added tax (VAT)43.6%
- ₦229,706,002
- Augmentation5.1%
- ₦26,735,635
- Electronic transfer levy2.1%
- ₦11,000,522
- Exchange rate gain1.8%
- ₦9,717,391
- Ecological fund1.6%
- ₦8,317,315
- Gross allocation
- ₦526,267,684
What came off first
- Ecology transfer
- − ₦4,158,658
- Net allocation
- ₦522,109,026
Augustfrom July revenue₦574.9M+10.1% on the month before
What came in
- Statutory allocation53.7%
- ₦311,512,291
- Value added tax (VAT)40.5%
- ₦234,523,106
- Electronic transfer levy2.4%
- ₦14,076,719
- Exchange rate gain1.7%
- ₦9,918,955
- Ecological fund1.7%
- ₦9,642,937
- Gross allocation
- ₦579,674,009
What came off first
- Ecology transfer
- − ₦4,821,469
- Net allocation
- ₦574,852,540
Septemberfrom August revenue₦581.3M+1.1% on the month before
What came in
- Statutory allocation56.2%
- ₦347,371,080
- Value added tax (VAT)38.5%
- ₦237,910,862
- Electronic transfer levy1.9%
- ₦11,987,847
- Ecological fund1.7%
- ₦10,722,577
- Exchange rate gain1.6%
- ₦10,048,166
- Gross allocation
- ₦618,040,534
What came off first
- Other deductions
- − ₦31,397,063
- Ecology transfer
- − ₦5,361,289
- Net allocation
- ₦581,282,182
Octoberfrom September revenue₦607.6M+4.5% on the month before
What came in
- Statutory allocation48.2%
- ₦295,204,467
- Value added tax (VAT)47.3%
- ₦289,280,002
- Electronic transfer levy3.1%
- ₦18,668,813
- Ecological fund1.4%
- ₦8,856,134
- Gross allocation
- ₦612,009,416
What came off first
- Ecology transfer
- − ₦4,428,067
- Net allocation
- ₦607,581,349
Novemberfrom October revenue₦583.2M−4.0% on the month before
What came in
- Statutory allocation55.7%
- ₦330,226,613
- Value added tax (VAT)39.7%
- ₦235,382,513
- Electronic transfer levy3.0%
- ₦17,630,088
- Ecological fund1.7%
- ₦9,906,798
- Gross allocation
- ₦593,146,012
What came off first
- Ecology transfer
- − ₦9,906,798
- Net allocation
- ₦583,239,213
Decemberfrom November revenue₦524.3M−10.1% on the month before
What came in
- Statutory allocation63.5%
- ₦339,187,075
- Value added tax (VAT)31.9%
- ₦170,463,606
- Electronic transfer levy2.7%
- ₦14,660,374
- Ecological fund1.9%
- ₦10,175,612
- Gross allocation
- ₦534,486,667
What came off first
- Ecology transfer
- − ₦10,175,612
- Net allocation
- ₦524,311,055
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Ikom 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.