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Olamaboro LGA · Kogi State · Federal allocation

Olamaboro LGA FAAC Allocation 2025

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

Olamaboro LGA in Kogi State received ₦6,223,860,884 (about ₦6.2B) in FAAC federal allocations in 2025. That is about ₦518.7M a month.

Net allocation · Jan–Dec 2025

Full year
₦6.22B

₦6,223,860,884

+41.6% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦608.0M

Lowest · January

₦416.2M

Where the money came from

Share of gross allocation

Statutory allocation₦2.96B 47.0%

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

Value added tax (VAT)₦2.79B 44.3%

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

Exchange rate gain₦171.0M 2.7%

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

Electronic transfer levy₦152.1M 2.4%

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

Augmentation₦124.8M 2.0%

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

Ecological fund₦97.8M 1.6%

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

Solid minerals revenue₦6.6M 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
₦6,298,503,478
Ecology transfer
− ₦48,916,565
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦25,726,029
Amounts the report shows as taken off, without saying what for.
Net allocation
₦6,223,860,884

About ₦1.19 of every ₦100 was taken off before Olamaboro’s share was set.

Among Kogi’s councils

Olamaboro’s 2025 total is the 8th largest of Kogi’s 21 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₦416.2M−11.1% on the month before

What came in

Value added tax (VAT)52.6%
₦220,271,313
Exchange rate gain22.9%
₦95,979,449
Statutory allocation20.4%
₦85,569,375
Electronic transfer levy2.8%
₦11,701,358
Ecological fund1.3%
₦5,446,465
Gross allocation
₦418,967,960

What came off first

Ecology transfer
− ₦2,723,232
Net allocation
₦416,244,727
Februaryfrom January revenue₦496.6M+19.3% on the month before

What came in

Value added tax (VAT)52.0%
₦260,190,805
Statutory allocation35.1%
₦175,339,549
Augmentation10.0%
₦50,048,425
Electronic transfer levy1.5%
₦7,651,199
Ecological fund1.4%
₦6,761,639
Gross allocation
₦499,991,617

What came off first

Ecology transfer
− ₦3,380,820
Net allocation
₦496,610,798
Marchfrom February revenue₦477.2M−3.9% on the month before

What came in

Value added tax (VAT)45.6%
₦219,492,873
Statutory allocation38.9%
₦186,897,935
Augmentation10.0%
₦47,849,499
Electronic transfer levy2.7%
₦12,749,514
Ecological fund1.5%
₦7,240,410
Solid minerals revenue1.4%
₦6,599,567
Gross allocation
₦480,829,797

What came off first

Ecology transfer
− ₦3,620,205
Net allocation
₦477,209,592
Aprilfrom March revenue₦450.9M−5.5% on the month before

What came in

Value added tax (VAT)47.5%
₦215,935,688
Statutory allocation47.5%
₦215,587,153
Electronic transfer levy2.0%
₦9,239,097
Exchange rate gain1.5%
₦6,838,888
Ecological fund1.5%
₦6,672,781
Gross allocation
₦454,273,608

What came off first

Ecology transfer
− ₦3,336,391
Net allocation
₦450,937,217
Mayfrom April revenue₦472.4M+4.8% on the month before

What came in

Statutory allocation46.2%
₦220,089,202
Value added tax (VAT)45.1%
₦214,711,665
Exchange rate gain4.1%
₦19,625,185
Electronic transfer levy3.0%
₦14,361,095
Ecological fund1.5%
₦7,191,432
Gross allocation
₦475,978,579

What came off first

Ecology transfer
− ₦3,595,716
Net allocation
₦472,382,863
Junefrom May revenue₦482.1M+2.1% on the month before

What came in

Value added tax (VAT)51.3%
₦249,174,458
Statutory allocation41.4%
₦200,805,764
Exchange rate gain3.8%
₦18,665,474
Electronic transfer levy2.1%
₦10,137,577
Ecological fund1.4%
₦6,584,137
Gross allocation
₦485,367,410

What came off first

Ecology transfer
− ₦3,292,069
Net allocation
₦482,075,341
Julyfrom June revenue₦521.1M+8.1% on the month before

What came in

Statutory allocation46.1%
₦242,106,700
Value added tax (VAT)43.3%
₦227,391,412
Augmentation5.1%
₦26,881,741
Electronic transfer levy2.0%
₦10,733,809
Exchange rate gain1.9%
₦9,770,495
Ecological fund1.6%
₦8,362,768
Gross allocation
₦525,246,924

What came off first

Ecology transfer
− ₦4,181,384
Net allocation
₦521,065,540
Augustfrom July revenue₦572.2M+9.8% on the month before

What came in

Statutory allocation54.3%
₦313,214,654
Value added tax (VAT)39.9%
₦230,415,599
Electronic transfer levy2.4%
₦13,764,342
Exchange rate gain1.7%
₦9,973,161
Ecological fund1.7%
₦9,695,634
Gross allocation
₦577,063,390

What came off first

Ecology transfer
− ₦4,847,817
Net allocation
₦572,215,573
Septemberfrom August revenue₦589.8M+3.1% on the month before

What came in

Statutory allocation56.3%
₦349,269,405
Value added tax (VAT)38.5%
₦239,008,271
Electronic transfer levy1.9%
₦11,740,152
Ecological fund1.7%
₦10,781,174
Exchange rate gain1.6%
₦10,103,078
Gross allocation
₦620,902,080

What came off first

Other deductions
− ₦25,726,029
Ecology transfer
− ₦5,390,587
Net allocation
₦589,785,464
Octoberfrom September revenue₦608.0M+3.1% on the month before

What came in

Statutory allocation48.5%
₦296,817,710
Value added tax (VAT)47.1%
₦288,329,178
Electronic transfer levy3.0%
₦18,411,717
Ecological fund1.5%
₦8,904,531
Gross allocation
₦612,463,136

What came off first

Ecology transfer
− ₦4,452,266
Net allocation
₦608,010,870
Novemberfrom October revenue₦600.3M−1.3% on the month before

What came in

Statutory allocation54.9%
₦332,031,245
Value added tax (VAT)40.6%
₦246,030,395
Electronic transfer levy2.9%
₦17,267,470
Ecological fund1.6%
₦9,960,937
Gross allocation
₦605,290,048

What came off first

Ecology transfer
− ₦4,980,469
Net allocation
₦600,309,579
Decemberfrom November revenue₦537.0M−10.5% on the month before

What came in

Statutory allocation62.9%
₦341,040,675
Value added tax (VAT)32.6%
₦176,517,312
Electronic transfer levy2.6%
₦14,339,721
Ecological fund1.9%
₦10,231,220
Gross allocation
₦542,128,929

What came off first

Ecology transfer
− ₦5,115,610
Net allocation
₦537,013,319
TotalJan–Dec 2025₦6,223,860,884

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 Olamaboro 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.