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Ibeju-Lekki LGA · Lagos State · Federal allocation

Ibeju-Lekki LGA FAAC Allocation 2026

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

Ibeju-Lekki LGA in Lagos State received ₦15,762,883,517 (about ₦15.8B) in FAAC federal allocations between January and July 2026. That is about ₦2.25B a month.

Net allocation · Jan–Jul 2026

7 months on record
₦15.76B

₦15,762,883,517

+40.4% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · February

₦3.54B

Lowest · April

₦1.63B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦13.83B 87.7%

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

Statutory allocation₦1.61B 10.2%

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

Augmentation₦155.1M 1.0%

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

Electronic transfer levy₦103.3M 0.7%

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

Ecological fund₦53.3M 0.3%

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

Solid minerals revenue₦11.5M 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
₦15,762,883,517
Deductions at source
None recorded
Net allocation
₦15,762,883,517

Among Lagos’s councils

Ibeju-Lekki’s 2026 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

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₦2.08B+43.9% on the month before

What came in

Value added tax (VAT)85.5%
₦1,776,941,289
Statutory allocation9.2%
₦191,639,402
Electronic transfer levy5.0%
₦103,288,661
Ecological fund0.3%
₦5,749,182
Gross allocation
₦2,077,618,534

What came off first

Deductions at source
None recorded
Net allocation
₦2,077,618,534
Februaryfrom January revenue₦3.54B+70.5% on the month before

What came in

Value added tax (VAT)94.9%
₦3,361,283,645
Statutory allocation4.4%
₦156,352,188
Augmentation0.5%
₦19,384,478
Ecological fund0.1%
₦5,272,100
Gross allocation
₦3,542,292,411

What came off first

Deductions at source
None recorded
Net allocation
₦3,542,292,411
Marchfrom February revenue₦1.78B−49.9% on the month before

What came in

Value added tax (VAT)86.9%
₦1,542,848,950
Statutory allocation12.7%
₦225,627,342
Ecological fund0.4%
₦6,768,820
Gross allocation
₦1,775,245,112

What came off first

Deductions at source
None recorded
Net allocation
₦1,775,245,112
Aprilfrom March revenue₦1.63B−8.2% on the month before

What came in

Value added tax (VAT)82.1%
₦1,337,860,501
Statutory allocation14.3%
₦232,650,339
Augmentation2.4%
₦38,768,956
Solid minerals revenue0.7%
₦11,484,106
Ecological fund0.5%
₦8,487,102
Gross allocation
₦1,629,251,002

What came off first

Deductions at source
None recorded
Net allocation
₦1,629,251,002
Mayfrom April revenue₦2.37B+45.5% on the month before

What came in

Value added tax (VAT)88.6%
₦2,100,254,608
Statutory allocation9.0%
₦213,767,263
Augmentation2.0%
₦48,461,195
Ecological fund0.3%
₦7,866,854
Gross allocation
₦2,370,349,919

What came off first

Deductions at source
None recorded
Net allocation
₦2,370,349,919
Junefrom May revenue₦2.23B−5.7% on the month before

What came in

Value added tax (VAT)87.3%
₦1,950,638,547
Statutory allocation12.3%
₦275,901,903
Ecological fund0.4%
₦8,277,057
Gross allocation
₦2,234,817,508

What came off first

Deductions at source
None recorded
Net allocation
₦2,234,817,508
Julyfrom June revenue₦2.13B−4.5% on the month before

What came in

Value added tax (VAT)82.6%
₦1,761,479,682
Statutory allocation14.7%
₦312,538,173
Augmentation2.3%
₦48,461,195
Ecological fund0.5%
₦10,829,981
Gross allocation
₦2,133,309,031

What came off first

Deductions at source
None recorded
Net allocation
₦2,133,309,031
TotalJan–Jul 2026₦15,762,883,517

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.