Ikeja LGA · Lagos State · Federal allocation
Ikeja LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Ikeja LGA in Lagos State received ₦22,538,522,785 (about ₦22.5B) in FAAC federal allocations in 2025. That is about ₦1.88B a month.
Net allocation · Jan–Dec 2025
Full year₦22,538,522,785
+21.8% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦2.48BLowest · April
₦1.60BWhere the money came from
Share of gross allocation
The council’s share of the 7.5% tax paid on goods and services.
The council’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.
What came off first
- Gross allocation
- ₦22,572,626,227
- Other deductions
- − ₦34,103,442
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦22,538,522,785
About ₦0.15 of every ₦100 was taken off before Ikeja’s share was set.
Among Lagos’s councils
Ikeja’s 2025 total is the 12th 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 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₦1.72B+5.4% on the month before
What came in
- Value added tax (VAT)85.5%
- ₦1,472,938,210
- Exchange rate gain5.9%
- ₦102,015,260
- Statutory allocation5.3%
- ₦90,950,533
- Electronic transfer levy2.9%
- ₦50,113,218
- Ecological fund0.3%
- ₦5,788,974
- Gross allocation
- ₦1,721,806,195
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,721,806,195
Februaryfrom January revenue₦1.97B+14.5% on the month before
What came in
- Value added tax (VAT)85.9%
- ₦1,692,694,901
- Statutory allocation9.5%
- ₦186,366,039
- Augmentation2.7%
- ₦53,195,795
- Electronic transfer levy1.6%
- ₦31,772,757
- Ecological fund0.4%
- ₦7,186,855
- Gross allocation
- ₦1,971,216,347
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,971,216,347
Marchfrom February revenue₦1.81B−8.3% on the month before
What came in
- Value added tax (VAT)79.8%
- ₦1,443,127,797
- Statutory allocation11.0%
- ₦198,651,291
- Electronic transfer levy5.6%
- ₦100,593,109
- Augmentation2.8%
- ₦50,858,586
- Ecological fund0.4%
- ₦7,695,734
- Solid minerals revenue0.4%
- ₦7,014,591
- Gross allocation
- ₦1,807,941,109
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,807,941,109
Aprilfrom March revenue₦1.60B−11.5% on the month before
What came in
- Value added tax (VAT)80.8%
- ₦1,293,878,168
- Statutory allocation14.3%
- ₦229,144,674
- Electronic transfer levy3.9%
- ₦63,019,995
- Exchange rate gain0.5%
- ₦7,268,962
- Ecological fund0.4%
- ₦7,092,409
- Gross allocation
- ₦1,600,404,208
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,600,404,208
Mayfrom April revenue₦1.81B+13.2% on the month before
What came in
- Value added tax (VAT)80.2%
- ₦1,453,954,354
- Statutory allocation12.9%
- ₦233,929,841
- Electronic transfer levy5.3%
- ₦95,936,524
- Exchange rate gain1.2%
- ₦20,859,344
- Ecological fund0.4%
- ₦7,643,676
- Gross allocation
- ₦1,812,323,739
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,812,323,739
Junefrom May revenue₦1.77B−2.5% on the month before
What came in
- Value added tax (VAT)82.4%
- ₦1,456,479,694
- Statutory allocation12.1%
- ₦213,433,735
- Electronic transfer levy4.0%
- ₦70,208,458
- Exchange rate gain1.1%
- ₦19,839,280
- Ecological fund0.4%
- ₦6,998,190
- Gross allocation
- ₦1,766,959,358
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,766,959,358
Julyfrom June revenue₦1.80B+1.7% on the month before
What came in
- Value added tax (VAT)78.9%
- ₦1,418,310,784
- Statutory allocation14.3%
- ₦257,331,942
- Electronic transfer levy4.1%
- ₦73,110,835
- Augmentation1.6%
- ₦28,572,239
- Exchange rate gain0.6%
- ₦10,384,927
- Ecological fund0.5%
- ₦8,888,673
- Gross allocation
- ₦1,796,599,400
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,796,599,400
Augustfrom July revenue₦1.82B+1.4% on the month before
What came in
- Value added tax (VAT)75.2%
- ₦1,369,820,166
- Statutory allocation18.3%
- ₦332,911,626
- Electronic transfer levy5.4%
- ₦97,950,482
- Exchange rate gain0.6%
- ₦10,600,338
- Ecological fund0.6%
- ₦10,305,359
- Gross allocation
- ₦1,821,587,971
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,821,587,971
Septemberfrom August revenue₦2.04B+12.2% on the month before
What came in
- Value added tax (VAT)76.7%
- ₦1,593,944,852
- Statutory allocation17.9%
- ₦371,233,734
- Electronic transfer levy4.4%
- ₦91,224,306
- Ecological fund0.6%
- ₦11,459,165
- Exchange rate gain0.5%
- ₦10,738,425
- Gross allocation
- ₦2,078,600,482
What came off first
- Other deductions
- − ₦34,103,442
- Net allocation
- ₦2,044,497,040
Octoberfrom September revenue₦2.48B+21.4% on the month before
What came in
- Value added tax (VAT)80.1%
- ₦1,986,349,671
- Statutory allocation12.7%
- ₦315,483,536
- Electronic transfer levy6.9%
- ₦170,058,100
- Ecological fund0.4%
- ₦9,464,506
- Gross allocation
- ₦2,481,355,813
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,481,355,813
Novemberfrom October revenue₦2.07B−16.4% on the month before
What came in
- Value added tax (VAT)75.6%
- ₦1,567,218,515
- Statutory allocation17.0%
- ₦352,911,528
- Electronic transfer levy6.9%
- ₦142,489,391
- Ecological fund0.5%
- ₦10,587,346
- Gross allocation
- ₦2,073,206,780
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,073,206,780
Decemberfrom November revenue₦1.64B−20.9% on the month before
What came in
- Value added tax (VAT)70.2%
- ₦1,151,017,375
- Statutory allocation22.1%
- ₦362,487,529
- Electronic transfer levy7.1%
- ₦116,245,295
- Ecological fund0.7%
- ₦10,874,626
- Gross allocation
- ₦1,640,624,825
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,640,624,825
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Ikeja 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.