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Ifako-Ijaiye LGA · Lagos State · Federal allocation

Ifako-Ijaiye LGA FAAC Allocation 2025

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

Ifako-Ijaiye LGA in Lagos State received ₦23,798,908,940 (about ₦23.8B) in FAAC federal allocations in 2025. That is about ₦1.98B a month.

Net allocation · Jan–Dec 2025

Full year
₦23.80B

₦23,798,908,940

+22.6% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦2.61B

Lowest · April

₦1.69B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦18.56B 77.9%

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

Statutory allocation₦3.64B 15.3%

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

Electronic transfer levy₦1.14B 4.8%

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

Exchange rate gain₦210.2M 0.9%

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

Augmentation₦153.4M 0.6%

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

Ecological fund₦120.3M 0.5%

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

Solid minerals revenue₦8.1M 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
₦23,833,321,193
Other deductions
− ₦34,412,253
Amounts the report shows as taken off, without saying what for.
Net allocation
₦23,798,908,940

About ₦0.14 of every ₦100 was taken off before Ifako-Ijaiye’s share was set.

Among Lagos’s councils

Ifako-Ijaiye’s 2025 total is the 10th largest 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₦1.81B+4.6% on the month before

What came in

Value added tax (VAT)84.4%
₦1,524,973,917
Exchange rate gain6.5%
₦118,011,681
Statutory allocation5.8%
₦105,211,959
Electronic transfer levy2.9%
₦52,798,186
Ecological fund0.4%
₦6,696,709
Gross allocation
₦1,807,692,452

What came off first

Deductions at source
None recorded
Net allocation
₦1,807,692,452
Februaryfrom January revenue₦2.07B+14.7% on the month before

What came in

Value added tax (VAT)84.6%
₦1,754,529,979
Statutory allocation10.4%
₦215,589,016
Augmentation3.0%
₦61,537,119
Electronic transfer levy1.6%
₦33,540,416
Ecological fund0.4%
₦8,313,784
Gross allocation
₦2,073,510,314

What came off first

Deductions at source
None recorded
Net allocation
₦2,073,510,314
Marchfrom February revenue₦1.90B−8.1% on the month before

What came in

Value added tax (VAT)78.5%
₦1,495,555,632
Statutory allocation12.1%
₦229,800,647
Electronic transfer levy5.4%
₦103,618,781
Augmentation3.1%
₦58,833,426
Ecological fund0.5%
₦8,902,457
Solid minerals revenue0.4%
₦8,114,508
Gross allocation
₦1,904,825,452

What came off first

Deductions at source
None recorded
Net allocation
₦1,904,825,452
Aprilfrom March revenue₦1.69B−11.2% on the month before

What came in

Value added tax (VAT)79.5%
₦1,344,957,110
Statutory allocation15.7%
₦265,075,520
Electronic transfer levy3.9%
₦65,168,152
Exchange rate gain0.5%
₦8,408,766
Ecological fund0.5%
₦8,204,529
Gross allocation
₦1,691,814,076

What came off first

Deductions at source
None recorded
Net allocation
₦1,691,814,076
Mayfrom April revenue₦1.91B+12.8% on the month before

What came in

Value added tax (VAT)78.9%
₦1,505,405,559
Statutory allocation14.2%
₦270,611,022
Electronic transfer levy5.2%
₦99,279,708
Exchange rate gain1.3%
₦24,130,177
Ecological fund0.5%
₦8,842,236
Gross allocation
₦1,908,268,701

What came off first

Deductions at source
None recorded
Net allocation
₦1,908,268,701
Junefrom May revenue₦1.87B−2.2% on the month before

What came in

Value added tax (VAT)81.2%
₦1,515,986,334
Statutory allocation13.2%
₦246,901,041
Electronic transfer levy3.9%
₦72,588,578
Exchange rate gain1.2%
₦22,950,162
Ecological fund0.4%
₦8,095,536
Gross allocation
₦1,866,521,651

What came off first

Deductions at source
None recorded
Net allocation
₦1,866,521,651
Julyfrom June revenue₦1.90B+1.9% on the month before

What came in

Value added tax (VAT)77.5%
₦1,472,637,951
Statutory allocation15.7%
₦297,682,670
Electronic transfer levy4.0%
₦75,619,782
Augmentation1.7%
₦33,052,486
Exchange rate gain0.6%
₦12,013,327
Ecological fund0.5%
₦10,282,455
Gross allocation
₦1,901,288,672

What came off first

Deductions at source
None recorded
Net allocation
₦1,901,288,672
Augustfrom July revenue₦1.94B+1.8% on the month before

What came in

Value added tax (VAT)73.6%
₦1,424,930,377
Statutory allocation19.9%
₦385,113,566
Electronic transfer levy5.2%
₦101,185,262
Exchange rate gain0.6%
₦12,262,515
Ecological fund0.6%
₦11,921,282
Gross allocation
₦1,935,413,002

What came off first

Deductions at source
None recorded
Net allocation
₦1,935,413,002
Septemberfrom August revenue₦2.17B+11.9% on the month before

What came in

Value added tax (VAT)75.1%
₦1,651,833,149
Statutory allocation19.5%
₦429,444,741
Electronic transfer levy4.3%
₦94,006,234
Ecological fund0.6%
₦13,256,010
Exchange rate gain0.6%
₦12,422,255
Gross allocation
₦2,200,962,390

What came off first

Other deductions
− ₦34,412,253
Net allocation
₦2,166,550,137
Octoberfrom September revenue₦2.61B+20.3% on the month before

What came in

Value added tax (VAT)78.9%
₦2,056,255,222
Statutory allocation14.0%
₦364,952,678
Electronic transfer levy6.7%
₦174,504,368
Ecological fund0.4%
₦10,948,580
Gross allocation
₦2,606,660,849

What came off first

Deductions at source
None recorded
Net allocation
₦2,606,660,849
Novemberfrom October revenue₦2.19B−15.9% on the month before

What came in

Value added tax (VAT)74.1%
₦1,624,883,199
Statutory allocation18.6%
₦408,249,536
Electronic transfer levy6.7%
₦146,607,583
Ecological fund0.6%
₦12,247,486
Gross allocation
₦2,191,987,804

What came off first

Deductions at source
None recorded
Net allocation
₦2,191,987,804
Decemberfrom November revenue₦1.74B−20.4% on the month before

What came in

Value added tax (VAT)68.4%
₦1,192,812,994
Statutory allocation24.0%
₦419,327,094
Electronic transfer levy6.9%
₦119,655,929
Ecological fund0.7%
₦12,579,813
Gross allocation
₦1,744,375,830

What came off first

Deductions at source
None recorded
Net allocation
₦1,744,375,830
TotalJan–Dec 2025₦23,798,908,940

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 Ifako-Ijaiye 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.