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Irepodun/Ifelodun LGA · Ekiti State · Federal allocation

Irepodun/Ifelodun LGA FAAC Allocation 2025

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

Irepodun/Ifelodun LGA in Ekiti State received ₦5,435,447,112 (about ₦5.4B) in FAAC federal allocations in 2025. That is about ₦453.0M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.44B

₦5,435,447,112

+37.8% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦535.6M

Lowest · January

₦364.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.69B 49.3%

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

Statutory allocation₦2.31B 42.4%

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

Electronic transfer levy₦142.9M 2.6%

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

Exchange rate gain₦133.7M 2.4%

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

Augmentation₦97.6M 1.8%

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

Ecological fund₦76.5M 1.4%

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

Solid minerals revenue₦5.2M 0.1%

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
₦5,463,500,119
Other deductions
− ₦28,053,007
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,435,447,112

About ₦0.51 of every ₦100 was taken off before Irepodun/Ifelodun’s share was set.

Among Ekiti’s councils

Irepodun/Ifelodun’s 2025 total is the 12th largest of Ekiti’s 16 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 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₦364.6M−10.4% on the month before

What came in

Value added tax (VAT)56.9%
₦207,300,506
Exchange rate gain20.6%
₦75,063,561
Statutory allocation18.4%
₦66,922,056
Electronic transfer levy3.0%
₦11,021,211
Ecological fund1.2%
₦4,259,569
Gross allocation
₦364,566,902

What came off first

Deductions at source
None recorded
Net allocation
₦364,566,902
Februaryfrom January revenue₦448.7M+23.1% on the month before

What came in

Value added tax (VAT)57.9%
₦259,909,782
Statutory allocation30.6%
₦137,129,470
Augmentation8.7%
₦39,141,848
Electronic transfer levy1.6%
₦7,203,146
Ecological fund1.2%
₦5,288,140
Gross allocation
₦448,672,386

What came off first

Deductions at source
None recorded
Net allocation
₦448,672,386
Marchfrom February revenue₦423.6M−5.6% on the month before

What came in

Value added tax (VAT)51.3%
₦217,257,709
Statutory allocation34.5%
₦146,169,046
Augmentation8.8%
₦37,422,113
Electronic transfer levy2.8%
₦11,977,125
Ecological fund1.3%
₦5,662,576
Solid minerals revenue1.2%
₦5,161,386
Gross allocation
₦423,649,956

What came off first

Deductions at source
None recorded
Net allocation
₦423,649,956
Aprilfrom March revenue₦386.8M−8.7% on the month before

What came in

Value added tax (VAT)51.4%
₦198,944,759
Statutory allocation43.6%
₦168,606,296
Electronic transfer levy2.2%
₦8,667,176
Exchange rate gain1.4%
₦5,348,554
Ecological fund1.3%
₦5,218,646
Gross allocation
₦386,785,431

What came off first

Deductions at source
None recorded
Net allocation
₦386,785,431
Mayfrom April revenue₦404.9M+4.7% on the month before

What came in

Value added tax (VAT)49.0%
₦198,258,982
Statutory allocation42.5%
₦172,127,257
Exchange rate gain3.8%
₦15,348,455
Electronic transfer levy3.3%
₦13,502,385
Ecological fund1.4%
₦5,624,271
Gross allocation
₦404,861,350

What came off first

Deductions at source
None recorded
Net allocation
₦404,861,350
Junefrom May revenue₦432.6M+6.9% on the month before

What came in

Value added tax (VAT)56.9%
₦246,273,169
Statutory allocation36.3%
₦157,046,075
Exchange rate gain3.4%
₦14,597,885
Electronic transfer levy2.2%
₦9,530,455
Ecological fund1.2%
₦5,149,319
Gross allocation
₦432,596,903

What came off first

Deductions at source
None recorded
Net allocation
₦432,596,903
Julyfrom June revenue₦452.7M+4.6% on the month before

What came in

Value added tax (VAT)48.2%
₦218,017,847
Statutory allocation41.8%
₦189,346,691
Augmentation4.6%
₦21,023,659
Electronic transfer levy2.2%
₦10,090,695
Exchange rate gain1.7%
₦7,641,304
Ecological fund1.4%
₦6,540,350
Gross allocation
₦452,660,545

What came off first

Deductions at source
None recorded
Net allocation
₦452,660,545
Augustfrom July revenue₦497.0M+9.8% on the month before

What came in

Statutory allocation49.3%
₦244,958,765
Value added tax (VAT)45.0%
₦223,710,282
Electronic transfer levy2.6%
₦12,979,058
Exchange rate gain1.6%
₦7,799,805
Ecological fund1.5%
₦7,582,757
Gross allocation
₦497,030,666

What came off first

Deductions at source
None recorded
Net allocation
₦497,030,666
Septemberfrom August revenue₦501.7M+0.9% on the month before

What came in

Statutory allocation51.6%
₦273,156,447
Value added tax (VAT)43.3%
₦229,270,871
Electronic transfer levy2.1%
₦11,012,483
Ecological fund1.6%
₦8,431,736
Exchange rate gain1.5%
₦7,901,410
Gross allocation
₦529,772,947

What came off first

Other deductions
− ₦28,053,007
Net allocation
₦501,719,940
Octoberfrom September revenue₦535.6M+6.8% on the month before

What came in

Value added tax (VAT)52.1%
₦279,278,832
Statutory allocation43.3%
₦232,135,051
Electronic transfer levy3.2%
₦17,253,537
Ecological fund1.3%
₦6,964,052
Gross allocation
₦535,631,472

What came off first

Deductions at source
None recorded
Net allocation
₦535,631,472
Novemberfrom October revenue₦533.1M−0.5% on the month before

What came in

Statutory allocation48.7%
₦259,674,836
Value added tax (VAT)46.8%
₦249,407,652
Electronic transfer levy3.0%
₦16,221,304
Ecological fund1.5%
₦7,790,245
Gross allocation
₦533,094,038

What came off first

Deductions at source
None recorded
Net allocation
₦533,094,038
Decemberfrom November revenue₦454.2M−14.8% on the month before

What came in

Statutory allocation58.7%
₦266,720,927
Value added tax (VAT)36.5%
₦165,995,906
Electronic transfer levy3.0%
₦13,459,064
Ecological fund1.8%
₦8,001,628
Gross allocation
₦454,177,524

What came off first

Deductions at source
None recorded
Net allocation
₦454,177,524
TotalJan–Dec 2025₦5,435,447,112

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 Irepodun/Ifelodun 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.