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Ekiti State · Federal allocation

Ekiti State FAAC Allocation 2025

What landed each month, where it came from, and what came off first.

Ekiti State received ₦130,301,566,605 (about ₦130.3B) in FAAC federal allocations in 2025. That is about ₦10.86B a month.

Net allocation received · Jan–Dec 2025

Full year
₦130.30B

₦130,301,566,605

+44.7% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦13.37B

Lowest · January

₦8.66B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦78.35B 49.3%

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

Statutory allocation₦67.48B 42.4%

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

Electronic transfer levy₦4.17B 2.6%

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

Exchange rate gain₦3.90B 2.5%

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

Augmentation₦2.85B 1.8%

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

Ecological fund₦2.06B 1.3%

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

Solid minerals revenue₦163.0M 0.1%

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

Before deductions. Percentages may not sum to 100% due to rounding. The statutory allocation includes ₦12.5M in 13% derivation, paid to states that produce oil.

Before the money arrived

Gross allocation
₦158,962,086,478
Other deductions
− ₦14,747,362,068
Amounts the report shows as taken off, without saying what for.
External debt repayment
− ₦9,773,157,806
Repayments on the state’s foreign loans, taken before the money is paid out.
Standing payment orders (ISPO)
− ₦4,140,000,000
Payments the state committed to in advance, such as contractor or bond repayments.
Net received
₦130,301,566,605

About ₦18.03 of every ₦100 was taken off before Ekiti was paid.

Local governments got their own

Ekiti’s 16 local governments were allocated ₦91.15B in 2025, across 12 months on record.

That money is separate. It is not part of the state’s figure on this page.

See each local government’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₦8.66B−13.1% on the month before

What came in

Value added tax (VAT)56.9%
₦6,045,541,289
Exchange rate gain20.6%
₦2,188,889,927
Statutory allocation18.4%
₦1,951,479,670
Electronic transfer levy3.0%
₦319,857,885
Ecological fund1.1%
₦114,656,389
Gross allocation
₦10,620,425,160

What came off first

External debt repayment
− ₦1,012,400,232
Other deductions
− ₦602,104,922
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦8,660,920,006
Februaryfrom January revenue₦9.85B+13.7% on the month before

What came in

Value added tax (VAT)57.8%
₦7,508,690,634
Statutory allocation30.8%
₦3,998,761,997
Augmentation8.8%
₦1,141,395,320
Electronic transfer levy1.6%
₦209,231,257
Ecological fund1.1%
₦142,342,818
Gross allocation
₦13,000,422,026

What came off first

Other deductions
− ₦1,929,127,187
External debt repayment
− ₦879,373,349
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦9,846,921,490
Marchfrom February revenue₦9.78B−0.7% on the month before

What came in

Value added tax (VAT)51.1%
₦6,287,072,599
Statutory allocation34.6%
₦4,262,360,445
Augmentation8.9%
₦1,091,247,003
Electronic transfer levy2.8%
₦349,527,008
Solid minerals revenue1.3%
₦163,021,941
Ecological fund1.2%
₦152,421,673
Gross allocation
₦12,305,650,670

The statutory allocation includes ₦12,513,403 in 13% derivation.

What came off first

Other deductions
− ₦1,301,262,690
External debt repayment
− ₦879,373,349
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦9,780,014,631
Aprilfrom March revenue₦8.89B−9.1% on the month before

What came in

Value added tax (VAT)51.6%
₦5,833,301,440
Statutory allocation43.5%
₦4,916,641,558
Electronic transfer levy2.2%
₦252,110,442
Exchange rate gain1.4%
₦155,966,448
Ecological fund1.2%
₦140,472,222
Gross allocation
₦11,298,492,110

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦879,373,349
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦8,890,890,668
Mayfrom April revenue₦9.28B+4.4% on the month before

What came in

Value added tax (VAT)49.2%
₦5,817,290,336
Statutory allocation42.4%
₦5,019,314,481
Exchange rate gain3.8%
₦447,568,412
Electronic transfer levy3.3%
₦392,727,560
Ecological fund1.3%
₦151,390,603
Gross allocation
₦11,828,291,392

What came off first

Other deductions
− ₦1,322,224,494
External debt repayment
− ₦879,373,349
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦9,281,693,549
Junefrom May revenue₦10.03B+8.0% on the month before

What came in

Value added tax (VAT)56.8%
₦7,141,403,407
Statutory allocation36.5%
₦4,579,539,887
Exchange rate gain3.4%
₦425,681,412
Electronic transfer levy2.2%
₦277,616,297
Ecological fund1.1%
₦138,606,128
Gross allocation
₦12,562,847,132

What came off first

Other deductions
− ₦1,310,046,121
External debt repayment
− ₦879,373,349
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦10,028,427,662
Julyfrom June revenue₦10.77B+7.4% on the month before

What came in

Value added tax (VAT)48.2%
₦6,352,341,079
Statutory allocation41.9%
₦5,521,441,540
Augmentation4.7%
₦613,060,114
Electronic transfer levy2.2%
₦293,670,633
Exchange rate gain1.7%
₦222,824,129
Ecological fund1.3%
₦176,049,022
Gross allocation
₦13,179,386,516

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦879,373,349
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦10,771,785,074
Augustfrom July revenue₦12.24B+13.6% on the month before

What came in

Statutory allocation49.4%
₦7,143,116,657
Value added tax (VAT)45.0%
₦6,507,578,637
Electronic transfer levy2.6%
₦377,908,365
Exchange rate gain1.6%
₦227,446,094
Ecological fund1.4%
₦204,107,892
Gross allocation
₦14,460,157,645

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦696,903,496
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦12,235,026,056
Septemberfrom August revenue₦13.22B+8.0% on the month before

What came in

Statutory allocation51.6%
₦7,965,374,781
Value added tax (VAT)43.4%
₦6,698,986,181
Electronic transfer levy2.1%
₦321,378,668
Exchange rate gain1.5%
₦230,408,961
Ecological fund1.5%
₦226,960,165
Gross allocation
₦15,443,108,757

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦696,903,496
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦13,217,977,167
Octoberfrom September revenue₦13.37B+1.2% on the month before

What came in

Value added tax (VAT)52.2%
₦8,137,268,962
Statutory allocation43.4%
₦6,769,170,929
Electronic transfer levy3.2%
₦505,333,592
Ecological fund1.2%
₦187,453,964
Gross allocation
₦15,599,227,446

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦696,903,496
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦13,374,095,857
Novemberfrom October revenue₦13.21B−1.3% on the month before

What came in

Statutory allocation49.1%
₦7,572,244,444
Value added tax (VAT)46.5%
₦7,175,197,304
Electronic transfer levy3.1%
₦473,774,311
Ecological fund1.4%
₦209,692,923
Gross allocation
₦15,430,908,983

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦696,903,496
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦13,205,777,393
Decemberfrom November revenue₦11.01B−16.6% on the month before

What came in

Statutory allocation58.8%
₦7,777,711,871
Value added tax (VAT)36.6%
₦4,847,096,089
Electronic transfer levy3.0%
₦392,977,891
Ecological fund1.6%
₦215,382,790
Gross allocation
₦13,233,168,641

What came off first

Other deductions
− ₦1,183,228,093
External debt repayment
− ₦696,903,496
Standing payment orders (ISPO)
− ₦345,000,000
Net received
₦11,008,037,052
TotalJan–Dec 2025₦130,301,566,605

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 Ekiti State), 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.

Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.