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Obudu LGA · Cross River State · Federal allocation

Obudu LGA FAAC Allocation 2026

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

Obudu LGA in Cross River State received ₦3,911,076,945 (about ₦3.9B) in FAAC federal allocations between January and July 2026. That is about ₦558.7M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦3.91B

₦3,911,076,945

+25.3% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦693.9M

Lowest · March

₦474.6M

Where the money came from

Share of gross allocation

Statutory allocation₦2.00B 50.2%

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

Value added tax (VAT)₦1.69B 42.6%

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

Augmentation₦192.6M 4.8%

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

Ecological fund₦66.1M 1.7%

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

Solid minerals revenue₦14.3M 0.4%

Income from mining, shared in the months it is distributed.

Electronic transfer levy₦14.1M 0.4%

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
₦3,977,212,624
Ecology transfer
− ₦66,135,678
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦3,911,076,945

About ₦1.66 of every ₦100 was taken off before Obudu’s share was set.

Among Cross River’s councils

Obudu’s 2026 total is the 12th 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 record

Open a month to see what came in and what was deducted. The percentage is the change on the month before.

Januaryfrom December 2025 revenue₦552.5M+12.8% on the month before

What came in

Value added tax (VAT)53.7%
₦300,366,540
Statutory allocation42.5%
₦238,008,281
Electronic transfer levy2.5%
₦14,078,450
Ecological fund1.3%
₦7,140,248
Gross allocation
₦559,593,519

What came off first

Ecology transfer
− ₦7,140,248
Net allocation
₦552,453,271
Februaryfrom January revenue₦534.0M−3.3% on the month before

What came in

Value added tax (VAT)58.4%
₦315,706,072
Statutory allocation35.9%
₦194,183,007
Augmentation4.5%
₦24,074,727
Ecological fund1.2%
₦6,547,732
Gross allocation
₦540,511,537

What came off first

Ecology transfer
− ₦6,547,732
Net allocation
₦533,963,805
Marchfrom February revenue₦474.6M−11.1% on the month before

What came in

Statutory allocation58.0%
₦280,219,908
Value added tax (VAT)40.2%
₦194,344,826
Ecological fund1.7%
₦8,406,597
Gross allocation
₦482,971,331

What came off first

Ecology transfer
− ₦8,406,597
Net allocation
₦474,564,734
Aprilfrom March revenue₦513.5M+8.2% on the month before

What came in

Statutory allocation55.1%
₦288,942,182
Value added tax (VAT)30.9%
₦162,105,724
Augmentation9.2%
₦48,149,454
Solid minerals revenue2.7%
₦14,262,788
Ecological fund2.0%
₦10,540,633
Gross allocation
₦524,000,781

What came off first

Ecology transfer
− ₦10,540,633
Net allocation
₦513,460,148
Mayfrom April revenue₦562.6M+9.6% on the month before

What came in

Statutory allocation46.4%
₦265,490,176
Value added tax (VAT)41.4%
₦236,941,402
Augmentation10.5%
₦60,186,817
Ecological fund1.7%
₦9,770,310
Gross allocation
₦572,388,705

What came off first

Ecology transfer
− ₦9,770,310
Net allocation
₦562,618,395
Junefrom May revenue₦580.1M+3.1% on the month before

What came in

Statutory allocation58.0%
₦342,658,852
Value added tax (VAT)40.2%
₦237,467,399
Ecological fund1.7%
₦10,279,766
Gross allocation
₦590,406,017

What came off first

Ecology transfer
− ₦10,279,766
Net allocation
₦580,126,251
Julyfrom June revenue₦693.9M+19.6% on the month before

What came in

Statutory allocation54.9%
₦388,159,597
Value added tax (VAT)34.7%
₦245,543,928
Augmentation8.5%
₦60,186,817
Ecological fund1.9%
₦13,450,392
Gross allocation
₦707,340,734

What came off first

Ecology transfer
− ₦13,450,392
Net allocation
₦693,890,342
TotalJan–Jul 2026₦3,911,076,945

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 Obudu 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.