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Obowo LGA · Imo State · Federal allocation

Obowo LGA FAAC Allocation 2026

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

Obowo LGA in Imo State received ₦3,447,609,066 (about ₦3.4B) in FAAC federal allocations between January and July 2026. That is about ₦492.5M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦3.45B

₦3,447,609,066

+26.8% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦630.6M

Lowest · March

₦416.2M

Where the money came from

Share of gross allocation

Statutory allocation₦1.68B 47.9%

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

Value added tax (VAT)₦1.58B 45.2%

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

Augmentation₦161.8M 4.6%

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

Ecological fund₦55.5M 1.6%

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

Electronic transfer levy₦13.1M 0.4%

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

Solid minerals revenue₦12.0M 0.3%

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
₦3,503,154,043
Ecology transfer
− ₦55,544,977
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦3,447,609,066

About ₦1.59 of every ₦100 was taken off before Obowo’s share was set.

Among Imo’s councils

Obowo’s 2026 total is the 24th 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₦498.4M+16.3% on the month before

What came in

Value added tax (VAT)56.6%
₦285,422,837
Statutory allocation39.6%
₦199,894,593
Electronic transfer levy2.6%
₦13,057,993
Ecological fund1.2%
₦5,996,838
Gross allocation
₦504,372,261

What came off first

Ecology transfer
− ₦5,996,838
Net allocation
₦498,375,423
Februaryfrom January revenue₦471.8M−5.3% on the month before

What came in

Value added tax (VAT)60.4%
₦288,473,887
Statutory allocation34.2%
₦163,087,322
Augmentation4.2%
₦20,219,497
Ecological fund1.2%
₦5,499,205
Gross allocation
₦477,279,910

What came off first

Ecology transfer
− ₦5,499,205
Net allocation
₦471,780,706
Marchfrom February revenue₦416.2M−11.8% on the month before

What came in

Statutory allocation55.6%
₦235,346,621
Value added tax (VAT)42.7%
₦180,810,420
Ecological fund1.7%
₦7,060,399
Gross allocation
₦423,217,440

What came off first

Ecology transfer
− ₦7,060,399
Net allocation
₦416,157,041
Aprilfrom March revenue₦445.8M+7.1% on the month before

What came in

Statutory allocation53.4%
₦242,672,145
Value added tax (VAT)33.2%
₦150,744,388
Augmentation8.9%
₦40,438,994
Solid minerals revenue2.6%
₦11,978,803
Ecological fund1.9%
₦8,852,698
Gross allocation
₦454,687,028

What came off first

Ecology transfer
− ₦8,852,698
Net allocation
₦445,834,330
Mayfrom April revenue₦496.8M+11.4% on the month before

What came in

Value added tax (VAT)44.2%
₦223,262,433
Statutory allocation44.2%
₦222,975,648
Augmentation10.0%
₦50,548,742
Ecological fund1.6%
₦8,205,732
Gross allocation
₦504,992,556

What came off first

Ecology transfer
− ₦8,205,732
Net allocation
₦496,786,824
Junefrom May revenue₦488.1M−1.8% on the month before

What came in

Statutory allocation57.9%
₦287,786,844
Value added tax (VAT)40.3%
₦200,283,979
Ecological fund1.7%
₦8,633,605
Gross allocation
₦496,704,428

What came off first

Ecology transfer
− ₦8,633,605
Net allocation
₦488,070,823
Julyfrom June revenue₦630.6M+29.2% on the month before

What came in

Statutory allocation50.8%
₦326,001,283
Value added tax (VAT)39.6%
₦254,053,895
Augmentation7.9%
₦50,548,742
Ecological fund1.8%
₦11,296,501
Gross allocation
₦641,900,420

What came off first

Ecology transfer
− ₦11,296,501
Net allocation
₦630,603,920
TotalJan–Jul 2026₦3,447,609,066

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 Obowo 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.