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Owerri North LGA · Imo State · Federal allocation

Owerri North LGA FAAC Allocation 2025

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

Owerri North LGA in Imo State received ₦5,772,590,823 (about ₦5.8B) in FAAC federal allocations in 2025. That is about ₦481.0M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.77B

₦5,772,590,823

+39.3% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦579.6M

Lowest · January

₦387.9M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.81B 48.1%

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

Statutory allocation₦2.53B 43.3%

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

Electronic transfer levy₦162.1M 2.8%

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

Exchange rate gain₦146.2M 2.5%

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

Augmentation₦106.7M 1.8%

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

Ecological fund₦83.7M 1.4%

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

Solid minerals revenue₦5.6M 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
₦5,846,923,729
Ecology transfer
− ₦50,457,944
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦23,874,962
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,772,590,823

About ₦1.27 of every ₦100 was taken off before Owerri North’s share was set.

Among Imo’s councils

Owerri North’s 2025 total is the 8th 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

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₦387.9M−10.9% on the month before

What came in

Value added tax (VAT)55.8%
₦217,704,922
Exchange rate gain21.0%
₦82,065,900
Statutory allocation18.8%
₦73,164,910
Electronic transfer levy3.2%
₦12,619,732
Ecological fund1.2%
₦4,656,924
Gross allocation
₦390,212,387

What came off first

Ecology transfer
− ₦2,328,462
Net allocation
₦387,883,925
Februaryfrom January revenue₦466.2M+20.2% on the month before

What came in

Value added tax (VAT)55.9%
₦262,320,595
Statutory allocation32.0%
₦149,921,655
Augmentation9.1%
₦42,793,213
Electronic transfer levy1.8%
₦8,262,952
Ecological fund1.2%
₦5,781,446
Gross allocation
₦469,079,861

What came off first

Ecology transfer
− ₦2,890,723
Net allocation
₦466,189,138
Marchfrom February revenue₦441.6M−5.3% on the month before

What came in

Value added tax (VAT)49.2%
₦218,610,732
Statutory allocation35.9%
₦159,804,493
Augmentation9.2%
₦40,913,052
Electronic transfer levy3.0%
₦13,545,398
Ecological fund1.4%
₦6,190,812
Solid minerals revenue1.3%
₦5,642,869
Gross allocation
₦444,707,356

What came off first

Ecology transfer
− ₦3,095,406
Net allocation
₦441,611,950
Aprilfrom March revenue₦416.9M−5.6% on the month before

What came in

Value added tax (VAT)51.0%
₦214,089,370
Statutory allocation43.9%
₦184,334,812
Electronic transfer levy2.3%
₦9,807,159
Exchange rate gain1.4%
₦5,847,497
Ecological fund1.4%
₦5,705,469
Gross allocation
₦419,784,307

What came off first

Ecology transfer
− ₦2,852,735
Net allocation
₦416,931,572
Mayfrom April revenue₦439.6M+5.4% on the month before

What came in

Value added tax (VAT)48.8%
₦216,245,605
Statutory allocation42.5%
₦188,184,227
Exchange rate gain3.8%
₦16,780,243
Electronic transfer levy3.5%
₦15,359,716
Ecological fund1.4%
₦6,148,934
Gross allocation
₦442,718,725

What came off first

Ecology transfer
− ₦3,074,467
Net allocation
₦439,644,258
Junefrom May revenue₦453.6M+3.2% on the month before

What came in

Value added tax (VAT)55.3%
₦252,262,166
Statutory allocation37.6%
₦171,696,190
Exchange rate gain3.5%
₦15,959,655
Electronic transfer levy2.4%
₦10,890,381
Ecological fund1.2%
₦5,629,675
Gross allocation
₦456,438,067

What came off first

Ecology transfer
− ₦2,814,838
Net allocation
₦453,623,229
Julyfrom June revenue₦481.0M+6.0% on the month before

What came in

Value added tax (VAT)47.0%
₦227,581,779
Statutory allocation42.7%
₦207,009,983
Augmentation4.7%
₦22,984,861
Electronic transfer levy2.4%
₦11,494,851
Exchange rate gain1.7%
₦8,354,126
Ecological fund1.5%
₦7,150,469
Gross allocation
₦484,576,069

What came off first

Ecology transfer
− ₦3,575,235
Net allocation
₦481,000,835
Augustfrom July revenue₦531.7M+10.5% on the month before

What came in

Statutory allocation50.0%
₦267,809,856
Value added tax (VAT)44.1%
₦236,530,514
Electronic transfer levy2.7%
₦14,713,139
Exchange rate gain1.6%
₦8,527,413
Ecological fund1.5%
₦8,290,118
Gross allocation
₦535,871,039

What came off first

Ecology transfer
− ₦4,145,059
Net allocation
₦531,725,980
Septemberfrom August revenue₦542.2M+2.0% on the month before

What came in

Statutory allocation52.3%
₦298,637,972
Value added tax (VAT)42.3%
₦241,635,332
Electronic transfer levy2.2%
₦12,527,797
Ecological fund1.6%
₦9,218,294
Exchange rate gain1.5%
₦8,638,497
Gross allocation
₦570,657,891

What came off first

Other deductions
− ₦23,874,962
Ecology transfer
− ₦4,609,147
Net allocation
₦542,173,782
Octoberfrom September revenue₦579.6M+6.9% on the month before

What came in

Value added tax (VAT)51.9%
₦302,660,861
Statutory allocation43.5%
₦253,789,876
Electronic transfer levy3.3%
₦19,366,653
Ecological fund1.3%
₦7,613,696
Gross allocation
₦583,431,086

What came off first

Ecology transfer
− ₦3,806,848
Net allocation
₦579,624,237
Novemberfrom October revenue₦546.0M−5.8% on the month before

What came in

Statutory allocation51.2%
₦283,898,722
Value added tax (VAT)44.0%
₦243,799,915
Electronic transfer levy3.3%
₦18,301,774
Ecological fund1.5%
₦8,516,962
Gross allocation
₦554,517,373

What came off first

Ecology transfer
− ₦8,516,962
Net allocation
₦546,000,411
Decemberfrom November revenue₦486.2M−11.0% on the month before

What came in

Statutory allocation58.9%
₦291,602,110
Value added tax (VAT)36.2%
₦179,342,694
Electronic transfer levy3.1%
₦15,236,700
Ecological fund1.8%
₦8,748,063
Gross allocation
₦494,929,567

What came off first

Ecology transfer
− ₦8,748,063
Net allocation
₦486,181,504
TotalJan–Dec 2025₦5,772,590,823

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 Owerri 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.