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Ideato North LGA · Imo State · Federal allocation

Ideato North LGA FAAC Allocation 2026

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

Ideato North LGA in Imo State received ₦3,910,750,383 (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

₦3,910,750,383

+26.5% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦716.6M

Lowest · March

₦473.1M

Where the money came from

Share of gross allocation

Statutory allocation₦1.99B 50.2%

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

Value added tax (VAT)₦1.70B 42.6%

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

Augmentation₦192.3M 4.8%

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

Ecological fund₦66.0M 1.7%

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

Solid minerals revenue₦14.2M 0.4%

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

Electronic transfer levy₦14.2M 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
₦3,976,779,493
Ecology transfer
− ₦66,029,110
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦3,910,750,383

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

Among Imo’s councils

Ideato North’s 2026 total is the 6th largest of Imo’s 27 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₦562.8M+14.2% on the month before

What came in

Value added tax (VAT)54.6%
₦311,008,268
Statutory allocation41.7%
₦237,624,763
Electronic transfer levy2.5%
₦14,209,861
Ecological fund1.3%
₦7,128,743
Gross allocation
₦569,971,635

What came off first

Ecology transfer
− ₦7,128,743
Net allocation
₦562,842,892
Februaryfrom January revenue₦526.6M−6.4% on the month before

What came in

Value added tax (VAT)57.9%
₦308,688,644
Statutory allocation36.4%
₦193,870,107
Augmentation4.5%
₦24,035,934
Ecological fund1.2%
₦6,537,181
Gross allocation
₦533,131,867

What came off first

Ecology transfer
− ₦6,537,181
Net allocation
₦526,594,685
Marchfrom February revenue₦473.1M−10.2% on the month before

What came in

Statutory allocation58.1%
₦279,768,372
Value added tax (VAT)40.1%
₦193,285,543
Ecological fund1.7%
₦8,393,051
Gross allocation
₦481,446,966

What came off first

Ecology transfer
− ₦8,393,051
Net allocation
₦473,053,915
Aprilfrom March revenue₦511.9M+8.2% on the month before

What came in

Statutory allocation55.2%
₦288,476,591
Value added tax (VAT)30.8%
₦161,129,405
Augmentation9.2%
₦48,071,867
Solid minerals revenue2.7%
₦14,239,806
Ecological fund2.0%
₦10,523,648
Gross allocation
₦522,441,317

What came off first

Ecology transfer
− ₦10,523,648
Net allocation
₦511,917,669
Mayfrom April revenue₦563.5M+10.1% on the month before

What came in

Statutory allocation46.2%
₦265,062,375
Value added tax (VAT)41.6%
₦238,316,126
Augmentation10.5%
₦60,089,834
Ecological fund1.7%
₦9,754,566
Gross allocation
₦573,222,902

What came off first

Ecology transfer
− ₦9,754,566
Net allocation
₦563,468,335
Junefrom May revenue₦556.3M−1.3% on the month before

What came in

Statutory allocation60.4%
₦342,106,704
Value added tax (VAT)37.8%
₦214,162,864
Ecological fund1.8%
₦10,263,201
Gross allocation
₦566,532,770

What came off first

Ecology transfer
− ₦10,263,201
Net allocation
₦556,269,569
Julyfrom June revenue₦716.6M+28.8% on the month before

What came in

Statutory allocation53.1%
₦387,534,131
Value added tax (VAT)36.8%
₦268,979,353
Augmentation8.2%
₦60,089,834
Ecological fund1.8%
₦13,428,719
Gross allocation
₦730,032,037

What came off first

Ecology transfer
− ₦13,428,719
Net allocation
₦716,603,318
TotalJan–Jul 2026₦3,910,750,383

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 Ideato North 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.