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Gbonyin LGA · Ekiti State · Federal allocation

Gbonyin LGA FAAC Allocation 2024

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

Gbonyin LGA in Ekiti State received ₦1,499,916,053 (about ₦1.5B) in FAAC federal allocations across 4 recorded months of 2024. That is about ₦375.0M a month.

Net allocation · 4 months of 2024

4 months on record
₦1.50B

₦1,499,916,053

Highest · December

₦423.7M

Lowest · September

₦330.1M

Where the money came from

Share of gross allocation

A breakdown by source is not yet available for this year.

What came off first

Gross figures and deductions are not yet on record for this year.

Among Ekiti’s councils

Councils are not shared equal amounts. Population, land area and other factors in the formula decide each one’s share.

Month by month

4 months on record

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

August₦361.0MNo earlier month to compare

A breakdown of August is not available yet. The total is ₦361,045,079.

September₦330.1M−8.6% on the month before

A breakdown of September is not available yet. The total is ₦330,105,292.

November₦385.1MNo earlier month to compare

A breakdown of November is not available yet. The total is ₦385,075,271.

December₦423.7M+10.0% on the month before

A breakdown of December is not available yet. The total is ₦423,690,410.

Total4 months of 2024₦1,499,916,053

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 Gbonyin 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.