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Ibeju-Lekki LGA · Lagos State · Federal allocation

Ibeju-Lekki LGA FAAC Allocation 2025

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

Ibeju-Lekki LGA in Lagos State received ₦20,182,419,868 (about ₦20.2B) in FAAC federal allocations in 2025. That is about ₦1.68B a month.

Net allocation · Jan–Dec 2025

Full year
₦20.18B

₦20,182,419,868

+19.5% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦2.25B

Lowest · April

₦1.43B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦16.76B 82.9%

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

Statutory allocation₦2.13B 10.5%

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

Electronic transfer levy₦1.04B 5.1%

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

Exchange rate gain₦123.3M 0.6%

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

Augmentation₦90.0M 0.4%

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

Ecological fund₦70.5M 0.3%

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

Solid minerals revenue₦4.8M 0.0%

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
₦20,228,484,071
Other deductions
− ₦46,064,203
Amounts the report shows as taken off, without saying what for.
Net allocation
₦20,182,419,868

About ₦0.23 of every ₦100 was taken off before Ibeju-Lekki’s share was set.

Among Lagos’s councils

Ibeju-Lekki’s 2025 total is the smallest of Lagos’s 20 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₦1.56B+7.4% on the month before

What came in

Value added tax (VAT)88.5%
₦1,384,134,662
Exchange rate gain4.4%
₦69,210,975
Statutory allocation3.9%
₦61,704,250
Electronic transfer levy2.9%
₦45,531,082
Ecological fund0.3%
₦3,927,457
Gross allocation
₦1,564,508,426

What came off first

Deductions at source
None recorded
Net allocation
₦1,564,508,426
Februaryfrom January revenue₦1.78B+14.0% on the month before

What came in

Value added tax (VAT)89.0%
₦1,587,167,858
Statutory allocation7.1%
₦126,437,704
Augmentation2.0%
₦36,090,021
Electronic transfer levy1.6%
₦28,756,090
Ecological fund0.3%
₦4,875,832
Gross allocation
₦1,783,327,505

What came off first

Deductions at source
None recorded
Net allocation
₦1,783,327,505
Marchfrom February revenue₦1.63B−8.7% on the month before

What came in

Value added tax (VAT)83.1%
₦1,353,655,048
Statutory allocation8.3%
₦134,772,480
Electronic transfer levy5.9%
₦95,429,532
Augmentation2.1%
₦34,504,371
Ecological fund0.3%
₦5,221,074
Solid minerals revenue0.3%
₦4,758,961
Gross allocation
₦1,628,341,467

What came off first

Deductions at source
None recorded
Net allocation
₦1,628,341,467
Aprilfrom March revenue₦1.43B−12.1% on the month before

What came in

Value added tax (VAT)84.3%
₦1,206,707,425
Statutory allocation10.9%
₦155,460,333
Electronic transfer levy4.1%
₦59,353,975
Exchange rate gain0.3%
₦4,931,536
Ecological fund0.3%
₦4,811,756
Gross allocation
₦1,431,265,026

What came off first

Deductions at source
None recorded
Net allocation
₦1,431,265,026
Mayfrom April revenue₦1.63B+14.2% on the month before

What came in

Value added tax (VAT)83.6%
₦1,366,148,311
Statutory allocation9.7%
₦158,706,770
Electronic transfer levy5.5%
₦90,231,085
Exchange rate gain0.9%
₦14,151,761
Ecological fund0.3%
₦5,185,756
Gross allocation
₦1,634,423,682

What came off first

Deductions at source
None recorded
Net allocation
₦1,634,423,682
Junefrom May revenue₦1.58B−3.1% on the month before

What came in

Value added tax (VAT)85.5%
₦1,354,926,337
Statutory allocation9.1%
₦144,801,444
Electronic transfer levy4.2%
₦66,146,573
Exchange rate gain0.8%
₦13,459,711
Ecological fund0.3%
₦4,747,835
Gross allocation
₦1,584,081,899

What came off first

Deductions at source
None recorded
Net allocation
₦1,584,081,899
Julyfrom June revenue₦1.60B+1.1% on the month before

What came in

Value added tax (VAT)82.8%
₦1,325,596,656
Statutory allocation10.9%
₦174,583,632
Electronic transfer levy4.3%
₦68,829,093
Augmentation1.2%
₦19,384,478
Exchange rate gain0.4%
₦7,045,523
Ecological fund0.4%
₦6,030,409
Gross allocation
₦1,601,469,792

What came off first

Deductions at source
None recorded
Net allocation
₦1,601,469,792
Augustfrom July revenue₦1.61B+0.4% on the month before

What came in

Value added tax (VAT)79.3%
₦1,275,769,707
Statutory allocation14.0%
₦225,859,722
Electronic transfer levy5.7%
₦92,430,043
Exchange rate gain0.4%
₦7,191,666
Ecological fund0.4%
₦6,991,542
Gross allocation
₦1,608,242,680

What came off first

Deductions at source
None recorded
Net allocation
₦1,608,242,680
Septemberfrom August revenue₦1.80B+12.1% on the month before

What came in

Value added tax (VAT)80.9%
₦1,495,153,340
Statutory allocation13.6%
₦251,858,876
Electronic transfer levy4.7%
₦86,476,700
Ecological fund0.4%
₦7,774,327
Exchange rate gain0.4%
₦7,285,350
Gross allocation
₦1,848,548,592

What came off first

Other deductions
− ₦46,064,203
Net allocation
₦1,802,484,389
Octoberfrom September revenue₦2.25B+24.8% on the month before

What came in

Value added tax (VAT)83.0%
₦1,867,049,651
Statutory allocation9.5%
₦214,035,852
Electronic transfer levy7.2%
₦162,470,149
Ecological fund0.3%
₦6,421,076
Gross allocation
₦2,249,976,728

What came off first

Deductions at source
None recorded
Net allocation
₦2,249,976,728
Novemberfrom October revenue₦1.85B−17.7% on the month before

What came in

Value added tax (VAT)79.4%
₦1,468,808,620
Statutory allocation12.9%
₦239,428,404
Electronic transfer levy7.3%
₦135,461,330
Ecological fund0.4%
₦7,182,852
Gross allocation
₦1,850,881,207

What came off first

Deductions at source
None recorded
Net allocation
₦1,850,881,207
Decemberfrom November revenue₦1.44B−22.0% on the month before

What came in

Value added tax (VAT)74.8%
₦1,079,689,445
Statutory allocation17.0%
₦245,925,123
Electronic transfer levy7.7%
₦110,424,746
Ecological fund0.5%
₦7,377,754
Gross allocation
₦1,443,417,067

What came off first

Deductions at source
None recorded
Net allocation
₦1,443,417,067
TotalJan–Dec 2025₦20,182,419,868

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 Ibeju-Lekki 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.