Ikom LGA · Cross River State · Federal allocation
Ikom LGA FAAC Allocation 2026
What was shared to the council each month, where it came from, and what came off first.
Ikom LGA in Cross River State received ₦4,161,160,094 (about ₦4.2B) in FAAC federal allocations between January and July 2026. That is about ₦594.5M a month.
Net allocation · Jan–Jul 2026
7 months on record₦4,161,160,094
+26.5% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · July
₦744.3MLowest · March
₦506.2MWhere 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.
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.
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
- ₦4,234,605,553
- Ecology transfer
- − ₦73,445,459
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Net allocation
- ₦4,161,160,094
About ₦1.73 of every ₦100 was taken off before Ikom’s share was set.
Among Cross River’s councils
Ikom’s 2026 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
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₦580.3M+10.7% on the month before
What came in
- Value added tax (VAT)51.3%
- ₦301,812,436
- Statutory allocation44.9%
- ₦264,314,632
- Electronic transfer levy2.4%
- ₦14,143,545
- Ecological fund1.3%
- ₦7,929,439
- Gross allocation
- ₦588,200,052
What came off first
- Ecology transfer
- − ₦7,929,439
- Net allocation
- ₦580,270,613
Februaryfrom January revenue₦559.2M−3.6% on the month before
What came in
- Value added tax (VAT)55.9%
- ₦316,848,457
- Statutory allocation38.1%
- ₦215,645,480
- Augmentation4.7%
- ₦26,735,635
- Ecological fund1.3%
- ₦7,271,433
- Gross allocation
- ₦566,501,006
What came off first
- Ecology transfer
- − ₦7,271,433
- Net allocation
- ₦559,229,573
Marchfrom February revenue₦506.2M−9.5% on the month before
What came in
- Statutory allocation60.4%
- ₦311,191,786
- Value added tax (VAT)37.8%
- ₦195,049,825
- Ecological fund1.8%
- ₦9,335,754
- Gross allocation
- ₦515,577,365
What came off first
- Ecology transfer
- − ₦9,335,754
- Net allocation
- ₦506,241,612
Aprilfrom March revenue₦552.9M+9.2% on the month before
What came in
- Statutory allocation56.8%
- ₦320,878,107
- Value added tax (VAT)28.8%
- ₦162,692,607
- Augmentation9.5%
- ₦53,471,270
- Solid minerals revenue2.8%
- ₦15,839,212
- Ecological fund2.1%
- ₦11,705,658
- Gross allocation
- ₦564,586,854
What came off first
- Ecology transfer
- − ₦11,705,658
- Net allocation
- ₦552,881,197
Mayfrom April revenue₦599.5M+8.4% on the month before
What came in
- Statutory allocation48.3%
- ₦294,834,020
- Value added tax (VAT)39.0%
- ₦237,792,123
- Augmentation11.0%
- ₦66,839,088
- Ecological fund1.8%
- ₦10,850,193
- Gross allocation
- ₦610,315,424
What came off first
- Ecology transfer
- − ₦10,850,193
- Net allocation
- ₦599,465,231
Junefrom May revenue₦618.8M+3.2% on the month before
What came in
- Statutory allocation60.4%
- ₦380,531,922
- Value added tax (VAT)37.8%
- ₦238,251,729
- Ecological fund1.8%
- ₦11,415,958
- Gross allocation
- ₦630,199,608
What came off first
- Ecology transfer
- − ₦11,415,958
- Net allocation
- ₦618,783,651
Julyfrom June revenue₦744.3M+20.3% on the month before
What came in
- Statutory allocation56.8%
- ₦431,061,729
- Value added tax (VAT)32.5%
- ₦246,387,402
- Augmentation8.8%
- ₦66,839,088
- Ecological fund2.0%
- ₦14,937,025
- Gross allocation
- ₦759,225,244
What came off first
- Ecology transfer
- − ₦14,937,025
- Net allocation
- ₦744,288,219
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.