Lagos State · Federal allocation
Lagos State FAAC Allocation 2025
What landed each month, where it came from, and what came off first.
Lagos State received ₦514,564,094,898 (about ₦514.6B) in FAAC federal allocations in 2025. That is about ₦42.88B a month.
Net allocation received · Jan–Dec 2025
Full year₦514,564,094,898
+25.4% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦62.83BLowest · December
₦33.79BWhere the money came from
Share of gross allocation
The state’s share of the 7.5% tax paid on goods and services.
The state’s share of the Federation Account: oil and gas income, company taxes and customs duties.
The ₦50 charged on bank transfers of ₦10,000 or more.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
Income from mining, shared in the months it is distributed.
Before deductions. Percentages may not sum to 100% due to rounding. The statutory allocation includes ₦68.2M in 13% derivation, paid to states that produce oil.
Before the money arrived
- Gross allocation
- ₦706,899,941,442
- VAT deduction
- − ₦98,711,840,985
- An amount taken from the state’s VAT share before payment.
- External debt repayment
- − ₦92,802,036,413
- Repayments on the state’s foreign loans, taken before the money is paid out.
- Other deductions
- − ₦821,969,145
- Amounts the report shows as taken off, without saying what for.
- Net received
- ₦514,564,094,898
About ₦27.21 of every ₦100 was taken off before Lagos was paid.
Local governments got their own
Lagos’s 20 local governments were allocated ₦481.62B in 2025, across 12 months on record.
That money is separate. It is not part of the state’s figure on this page.
See each local government’s shareMonth by month
12 months on recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Januaryfrom December 2024 revenue₦38.88B+1.5% on the month before
What came in
- Value added tax (VAT)85.1%
- ₦45,594,999,748
- Exchange rate gain6.1%
- ₦3,279,471,681
- Statutory allocation5.5%
- ₦2,923,775,305
- Electronic transfer levy3.0%
- ₦1,592,290,964
- Ecological fund0.3%
- ₦171,782,224
- Gross allocation
- ₦53,562,319,922
What came off first
- VAT deduction
- − ₦7,667,853,447
- External debt repayment
- − ₦6,931,766,966
- Other deductions
- − ₦80,966,085
- Net received
- ₦38,881,733,424
Februaryfrom January revenue₦45.15B+16.1% on the month before
What came in
- Value added tax (VAT)85.5%
- ₦52,588,482,902
- Statutory allocation9.7%
- ₦5,991,085,512
- Augmentation2.8%
- ₦1,710,078,512
- Electronic transfer levy1.6%
- ₦1,007,590,633
- Ecological fund0.3%
- ₦213,263,004
- Gross allocation
- ₦61,510,500,562
What came off first
- External debt repayment
- − ₦8,530,201,485
- VAT deduction
- − ₦7,667,853,447
- Other deductions
- − ₦165,906,983
- Net received
- ₦45,146,538,648
Marchfrom February revenue₦39.70B−12.1% on the month before
What came in
- Value added tax (VAT)79.3%
- ₦44,462,637,906
- Statutory allocation11.4%
- ₦6,386,017,955
- Electronic transfer levy5.5%
- ₦3,065,366,611
- Augmentation2.9%
- ₦1,634,944,543
- Solid minerals revenue0.5%
- ₦293,660,532
- Ecological fund0.4%
- ₦228,363,499
- Gross allocation
- ₦56,070,991,046
The statutory allocation includes ₦68,163,360 in 13% derivation.
What came off first
- External debt repayment
- − ₦8,530,201,485
- VAT deduction
- − ₦7,667,853,447
- Other deductions
- − ₦176,843,574
- Net received
- ₦39,696,092,540
Aprilfrom March revenue₦35.03B−11.7% on the month before
What came in
- Value added tax (VAT)81.0%
- ₦41,478,637,698
- Statutory allocation14.4%
- ₦7,366,284,873
- Electronic transfer levy3.8%
- ₦1,941,294,395
- Exchange rate gain0.5%
- ₦233,674,404
- Ecological fund0.4%
- ₦210,460,411
- Gross allocation
- ₦51,230,351,780
What came off first
- External debt repayment
- − ₦8,530,201,485
- VAT deduction
- − ₦7,667,853,447
- Net received
- ₦35,032,296,849
Mayfrom April revenue₦39.78B+13.5% on the month before
What came in
- Value added tax (VAT)79.7%
- ₦44,804,182,258
- Statutory allocation13.4%
- ₦7,520,113,047
- Electronic transfer levy5.3%
- ₦2,962,431,304
- Exchange rate gain1.2%
- ₦670,562,697
- Ecological fund0.4%
- ₦226,818,713
- Gross allocation
- ₦56,184,108,019
What came off first
- External debt repayment
- − ₦8,530,201,485
- VAT deduction
- − ₦7,667,853,447
- Other deductions
- − ₦208,249,284
- Net received
- ₦39,777,803,803
Junefrom May revenue₦38.38B−3.5% on the month before
What came in
- Value added tax (VAT)82.3%
- ₦45,918,355,699
- Statutory allocation12.3%
- ₦6,861,227,322
- Electronic transfer levy3.9%
- ₦2,162,464,972
- Exchange rate gain1.1%
- ₦637,770,826
- Ecological fund0.4%
- ₦207,664,564
- Gross allocation
- ₦55,787,483,384
What came off first
- VAT deduction
- − ₦8,686,025,187
- External debt repayment
- − ₦8,530,201,485
- Other deductions
- − ₦190,003,218
- Net received
- ₦38,381,253,494
Julyfrom June revenue₦39.15B+2.0% on the month before
What came in
- Value added tax (VAT)78.6%
- ₦44,331,866,910
- Statutory allocation14.7%
- ₦8,272,417,423
- Electronic transfer levy4.0%
- ₦2,250,377,313
- Augmentation1.6%
- ₦918,508,170
- Exchange rate gain0.6%
- ₦333,842,927
- Ecological fund0.5%
- ₦263,762,821
- Gross allocation
- ₦56,370,775,564
What came off first
- VAT deduction
- − ₦8,686,025,187
- External debt repayment
- − ₦8,530,201,485
- Net received
- ₦39,154,548,892
Augustfrom July revenue₦41.84B+6.9% on the month before
What came in
- Value added tax (VAT)75.0%
- ₦43,107,005,499
- Statutory allocation18.6%
- ₦10,702,067,977
- Electronic transfer levy5.2%
- ₦3,011,499,927
- Exchange rate gain0.6%
- ₦340,767,718
- Ecological fund0.5%
- ₦305,801,604
- Gross allocation
- ₦57,467,142,725
What came off first
- VAT deduction
- − ₦8,686,025,187
- External debt repayment
- − ₦6,937,812,108
- Net received
- ₦41,843,305,430
Septemberfrom August revenue₦50.92B+21.7% on the month before
What came in
- Value added tax (VAT)76.5%
- ₦50,131,884,335
- Statutory allocation18.2%
- ₦11,934,003,946
- Electronic transfer levy4.2%
- ₦2,781,932,353
- Exchange rate gain0.5%
- ₦345,206,789
- Ecological fund0.5%
- ₦340,039,682
- Gross allocation
- ₦65,533,067,105
What came off first
- VAT deduction
- − ₦7,676,422,631
- External debt repayment
- − ₦6,937,812,108
- Net received
- ₦50,918,832,366
Octoberfrom September revenue₦62.83B+23.4% on the month before
What came in
- Value added tax (VAT)79.7%
- ₦61,101,852,376
- Statutory allocation13.2%
- ₦10,141,809,367
- Electronic transfer levy6.7%
- ₦5,109,168,909
- Ecological fund0.4%
- ₦280,850,106
- Gross allocation
- ₦76,633,680,758
What came off first
- External debt repayment
- − ₦6,937,812,108
- VAT deduction
- − ₦6,866,025,187
- Net received
- ₦62,829,843,463
Novemberfrom October revenue₦49.12B−21.8% on the month before
What came in
- Value added tax (VAT)75.4%
- ₦48,958,819,444
- Statutory allocation17.5%
- ₦11,345,002,283
- Electronic transfer levy6.7%
- ₦4,322,360,015
- Ecological fund0.5%
- ₦314,169,294
- Gross allocation
- ₦64,940,351,036
What came off first
- VAT deduction
- − ₦8,886,025,187
- External debt repayment
- − ₦6,937,812,108
- Net received
- ₦49,116,513,741
Decemberfrom November revenue₦33.79B−31.2% on the month before
What came in
- Value added tax (VAT)70.0%
- ₦36,100,992,279
- Statutory allocation22.6%
- ₦11,652,840,790
- Electronic transfer levy6.8%
- ₦3,532,642,421
- Ecological fund0.6%
- ₦322,694,053
- Gross allocation
- ₦51,609,169,542
What came off first
- VAT deduction
- − ₦10,886,025,187
- External debt repayment
- − ₦6,937,812,108
- Net received
- ₦33,785,332,248
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Lagos State), 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.
Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.