Ikeja LGA · Lagos State · Federal allocation
Ikeja LGA FAAC Allocation 2026
What was shared to the council each month, where it came from, and what came off first.
Ikeja LGA in Lagos State received ₦17,181,590,083 (about ₦17.2B) in FAAC federal allocations between January and July 2026. That is about ₦2.45B a month.
Net allocation · Jan–Jul 2026
7 months on record₦17,181,590,083
+37.7% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · February
₦3.73BLowest · April
₦1.82BWhere 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.
A top-up added to the month’s pool from other federal revenue.
The ₦50 charged on bank transfers of ₦10,000 or more.
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
- ₦17,181,590,083
- Deductions at source
- None recorded
- Net allocation
- ₦17,181,590,083
Among Lagos’s councils
Ikeja’s 2026 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
7 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 2025 revenue₦2.30B+40.3% on the month before
What came in
- Value added tax (VAT)82.6%
- ₦1,901,220,370
- Statutory allocation12.3%
- ₦282,471,724
- Electronic transfer levy4.7%
- ₦108,883,762
- Ecological fund0.4%
- ₦8,474,152
- Gross allocation
- ₦2,301,050,007
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,301,050,007
Februaryfrom January revenue₦3.73B+61.9% on the month before
What came in
- Value added tax (VAT)92.8%
- ₦3,459,475,129
- Statutory allocation6.2%
- ₦230,459,245
- Augmentation0.8%
- ₦28,572,239
- Ecological fund0.2%
- ₦7,770,945
- Gross allocation
- ₦3,726,277,559
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦3,726,277,559
Marchfrom February revenue₦1.95B−47.8% on the month before
What came in
- Value added tax (VAT)82.4%
- ₦1,603,445,809
- Statutory allocation17.1%
- ₦332,569,104
- Ecological fund0.5%
- ₦9,977,073
- Gross allocation
- ₦1,945,991,986
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,945,991,986
Aprilfrom March revenue₦1.82B−6.6% on the month before
What came in
- Value added tax (VAT)76.4%
- ₦1,388,304,844
- Statutory allocation18.9%
- ₦342,920,827
- Augmentation3.1%
- ₦57,144,479
- Solid minerals revenue0.9%
- ₦16,927,287
- Ecological fund0.7%
- ₦12,509,778
- Gross allocation
- ₦1,817,807,214
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,817,807,214
Mayfrom April revenue₦2.57B+41.5% on the month before
What came in
- Value added tax (VAT)84.5%
- ₦2,173,376,656
- Statutory allocation12.3%
- ₦315,087,641
- Augmentation2.8%
- ₦71,430,599
- Ecological fund0.5%
- ₦11,595,547
- Gross allocation
- ₦2,571,490,443
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,571,490,443
Junefrom May revenue₦2.44B−5.2% on the month before
What came in
- Value added tax (VAT)82.8%
- ₦2,018,054,065
- Statutory allocation16.7%
- ₦406,672,560
- Ecological fund0.5%
- ₦12,200,177
- Gross allocation
- ₦2,436,926,802
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,436,926,802
Julyfrom June revenue₦2.38B−2.3% on the month before
What came in
- Value added tax (VAT)77.0%
- ₦1,833,978,839
- Statutory allocation19.3%
- ₦460,673,512
- Augmentation3.0%
- ₦71,430,599
- Ecological fund0.7%
- ₦15,963,123
- Gross allocation
- ₦2,382,046,073
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,382,046,073
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.