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Oye LGA · Ekiti State · Federal allocation

Oye LGA FAAC Allocation 2025

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

Oye LGA in Ekiti State received ₦5,510,591,561 (about ₦5.5B) in FAAC federal allocations in 2025. That is about ₦459.2M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.51B

₦5,510,591,561

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

Highest · October

₦543.1M

Lowest · January

₦369.5M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.72B 49.2%

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

Statutory allocation₦2.35B 42.5%

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

Electronic transfer levy₦144.5M 2.6%

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

Exchange rate gain₦136.0M 2.5%

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

Augmentation₦99.3M 1.8%

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

Ecological fund₦77.8M 1.4%

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

Solid minerals revenue₦5.3M 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
₦5,540,074,683
Other deductions
− ₦29,483,122
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,510,591,561

About ₦0.53 of every ₦100 was taken off before Oye’s share was set.

Among Ekiti’s councils

Oye’s 2025 total is the 11th 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₦369.5M−10.5% on the month before

What came in

Value added tax (VAT)56.7%
₦209,596,880
Exchange rate gain20.7%
₦76,367,818
Statutory allocation18.4%
₦68,084,851
Electronic transfer levy3.0%
₦11,139,701
Ecological fund1.2%
₦4,333,580
Gross allocation
₦369,522,830

What came off first

Deductions at source
None recorded
Net allocation
₦369,522,830
Februaryfrom January revenue₦454.6M+23.0% on the month before

What came in

Value added tax (VAT)57.8%
₦262,638,609
Statutory allocation30.7%
₦139,512,145
Augmentation8.8%
₦39,821,952
Electronic transfer levy1.6%
₦7,281,154
Ecological fund1.2%
₦5,380,023
Gross allocation
₦454,633,883

What came off first

Deductions at source
None recorded
Net allocation
₦454,633,883
Marchfrom February revenue₦429.5M−5.5% on the month before

What came in

Value added tax (VAT)51.1%
₦219,571,387
Statutory allocation34.6%
₦148,708,788
Augmentation8.9%
₦38,072,336
Electronic transfer levy2.8%
₦12,110,650
Ecological fund1.3%
₦5,760,966
Solid minerals revenue1.2%
₦5,251,067
Gross allocation
₦429,475,194

What came off first

Deductions at source
None recorded
Net allocation
₦429,475,194
Aprilfrom March revenue₦392.2M−8.7% on the month before

What came in

Value added tax (VAT)51.3%
₦201,198,909
Statutory allocation43.7%
₦171,535,893
Electronic transfer levy2.2%
₦8,761,975
Exchange rate gain1.4%
₦5,441,488
Ecological fund1.4%
₦5,309,321
Gross allocation
₦392,247,587

What came off first

Deductions at source
None recorded
Net allocation
₦392,247,587
Mayfrom April revenue₦410.6M+4.7% on the month before

What came in

Value added tax (VAT)48.8%
₦200,529,561
Statutory allocation42.6%
₦175,118,032
Exchange rate gain3.8%
₦15,615,140
Electronic transfer levy3.3%
₦13,649,922
Ecological fund1.4%
₦5,721,995
Gross allocation
₦410,634,650

What came off first

Deductions at source
None recorded
Net allocation
₦410,634,650
Junefrom May revenue₦438.4M+6.8% on the month before

What came in

Value added tax (VAT)56.8%
₦248,899,241
Statutory allocation36.4%
₦159,774,809
Exchange rate gain3.4%
₦14,851,528
Electronic transfer levy2.2%
₦9,635,491
Ecological fund1.2%
₦5,238,790
Gross allocation
₦438,399,859

What came off first

Deductions at source
None recorded
Net allocation
₦438,399,859
Julyfrom June revenue₦459.1M+4.7% on the month before

What came in

Value added tax (VAT)48.0%
₦220,415,344
Statutory allocation42.0%
₦192,636,659
Augmentation4.7%
₦21,388,953
Electronic transfer levy2.2%
₦10,201,417
Exchange rate gain1.7%
₦7,774,074
Ecological fund1.4%
₦6,653,991
Gross allocation
₦459,070,437

What came off first

Deductions at source
None recorded
Net allocation
₦459,070,437
Augustfrom July revenue₦504.1M+9.8% on the month before

What came in

Statutory allocation49.4%
₦249,215,014
Value added tax (VAT)44.9%
₦226,142,335
Electronic transfer levy2.6%
₦13,121,811
Exchange rate gain1.6%
₦7,935,329
Ecological fund1.5%
₦7,714,510
Gross allocation
₦504,128,999

What came off first

Deductions at source
None recorded
Net allocation
₦504,128,999
Septemberfrom August revenue₦508.0M+0.8% on the month before

What came in

Statutory allocation51.7%
₦277,902,641
Value added tax (VAT)43.1%
₦231,825,524
Electronic transfer levy2.1%
₦11,135,251
Ecological fund1.6%
₦8,578,240
Exchange rate gain1.5%
₦8,038,700
Gross allocation
₦537,480,357

What came off first

Other deductions
− ₦29,483,122
Net allocation
₦507,997,235
Octoberfrom September revenue₦543.1M+6.9% on the month before

What came in

Value added tax (VAT)52.0%
₦282,363,815
Statutory allocation43.5%
₦236,168,483
Electronic transfer levy3.2%
₦17,449,754
Ecological fund1.3%
₦7,085,055
Gross allocation
₦543,067,107

What came off first

Deductions at source
None recorded
Net allocation
₦543,067,107
Novemberfrom October revenue₦540.5M−0.5% on the month before

What came in

Statutory allocation48.9%
₦264,186,782
Value added tax (VAT)46.6%
₦251,952,437
Electronic transfer levy3.0%
₦16,403,043
Ecological fund1.5%
₦7,925,603
Gross allocation
₦540,467,866

What came off first

Deductions at source
None recorded
Net allocation
₦540,467,866
Decemberfrom November revenue₦460.9M−14.7% on the month before

What came in

Statutory allocation58.9%
₦271,355,301
Value added tax (VAT)36.4%
₦167,840,377
Electronic transfer levy3.0%
₦13,609,578
Ecological fund1.8%
₦8,140,659
Gross allocation
₦460,945,915

What came off first

Deductions at source
None recorded
Net allocation
₦460,945,915
TotalJan–Dec 2025₦5,510,591,561

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 Oye 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.