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Kosofe LGA · Lagos State · Federal allocation

Kosofe LGA FAAC Allocation 2025

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

Kosofe LGA in Lagos State received ₦26,431,226,962 (about ₦26.4B) in FAAC federal allocations in 2025. That is about ₦2.20B a month.

Net allocation · Jan–Dec 2025

Full year
₦26.43B

₦26,431,226,962

+24.0% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦2.87B

Lowest · April

₦1.88B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦19.94B 75.4%

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

Statutory allocation₦4.68B 17.7%

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

Electronic transfer levy₦1.21B 4.6%

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

Exchange rate gain₦270.3M 1.0%

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

Augmentation₦197.3M 0.7%

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

Ecological fund₦154.7M 0.6%

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

Solid minerals revenue₦10.4M 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
₦26,465,914,572
Other deductions
− ₦34,687,609
Amounts the report shows as taken off, without saying what for.
Net allocation
₦26,431,226,962

About ₦0.13 of every ₦100 was taken off before Kosofe’s share was set.

Among Lagos’s councils

Kosofe’s 2025 total is the 3rd 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₦1.99B+3.2% on the month before

What came in

Value added tax (VAT)82.2%
₦1,632,743,760
Exchange rate gain7.6%
₦151,758,665
Statutory allocation6.8%
₦135,298,695
Electronic transfer levy2.9%
₦58,358,955
Ecological fund0.4%
₦8,611,721
Gross allocation
₦1,986,771,796

What came off first

Deductions at source
None recorded
Net allocation
₦1,986,771,796
Februaryfrom January revenue₦2.29B+15.1% on the month before

What came in

Value added tax (VAT)82.3%
₦1,882,595,050
Statutory allocation12.1%
₦277,239,516
Augmentation3.5%
₦79,134,464
Electronic transfer levy1.6%
₦37,201,370
Ecological fund0.5%
₦10,691,219
Gross allocation
₦2,286,861,619

What came off first

Deductions at source
None recorded
Net allocation
₦2,286,861,619
Marchfrom February revenue₦2.11B−7.9% on the month before

What came in

Value added tax (VAT)76.1%
₦1,604,137,600
Statutory allocation14.0%
₦295,515,149
Electronic transfer levy5.2%
₦109,885,174
Augmentation3.6%
₦75,657,614
Ecological fund0.5%
₦11,448,232
Solid minerals revenue0.5%
₦10,434,958
Gross allocation
₦2,107,078,726

What came off first

Deductions at source
None recorded
Net allocation
₦2,107,078,726
Aprilfrom March revenue₦1.88B−10.7% on the month before

What came in

Value added tax (VAT)77.1%
₦1,450,745,419
Statutory allocation18.1%
₦340,877,333
Electronic transfer levy3.7%
₦69,617,145
Exchange rate gain0.6%
₦10,813,362
Ecological fund0.6%
₦10,550,721
Gross allocation
₦1,882,603,981

What came off first

Deductions at source
None recorded
Net allocation
₦1,882,603,981
Mayfrom April revenue₦2.11B+12.0% on the month before

What came in

Value added tax (VAT)76.4%
₦1,611,964,853
Statutory allocation16.5%
₦347,995,784
Electronic transfer levy5.0%
₦106,203,692
Exchange rate gain1.5%
₦31,030,516
Ecological fund0.5%
₦11,370,789
Gross allocation
₦2,108,565,635

What came off first

Deductions at source
None recorded
Net allocation
₦2,108,565,635
Junefrom May revenue₦2.07B−1.6% on the month before

What came in

Value added tax (VAT)79.0%
₦1,639,229,036
Statutory allocation15.3%
₦317,505,624
Electronic transfer levy3.7%
₦77,517,985
Exchange rate gain1.4%
₦29,513,062
Ecological fund0.5%
₦10,410,561
Gross allocation
₦2,074,176,267

What came off first

Deductions at source
None recorded
Net allocation
₦2,074,176,267
Julyfrom June revenue₦2.12B+2.2% on the month before

What came in

Value added tax (VAT)74.8%
₦1,585,153,579
Statutory allocation18.1%
₦382,808,925
Electronic transfer levy3.8%
₦80,816,001
Augmentation2.0%
₦42,504,277
Exchange rate gain0.7%
₦15,448,695
Ecological fund0.6%
₦13,222,857
Gross allocation
₦2,119,954,333

What came off first

Deductions at source
None recorded
Net allocation
₦2,119,954,333
Augustfrom July revenue₦2.17B+2.5% on the month before

What came in

Value added tax (VAT)70.8%
₦1,539,067,744
Statutory allocation22.8%
₦495,241,829
Electronic transfer levy5.0%
₦107,884,734
Exchange rate gain0.7%
₦15,769,142
Ecological fund0.7%
₦15,330,329
Gross allocation
₦2,173,293,778

What came off first

Deductions at source
None recorded
Net allocation
₦2,173,293,778
Septemberfrom August revenue₦2.42B+11.4% on the month before

What came in

Value added tax (VAT)72.1%
₦1,771,724,144
Statutory allocation22.5%
₦552,250,084
Electronic transfer levy4.1%
₦99,767,815
Ecological fund0.7%
₦17,046,739
Exchange rate gain0.7%
₦15,974,561
Gross allocation
₦2,456,763,344

What came off first

Other deductions
− ₦34,687,609
Net allocation
₦2,422,075,734
Octoberfrom September revenue₦2.87B+18.4% on the month before

What came in

Value added tax (VAT)76.7%
₦2,201,034,848
Statutory allocation16.4%
₦469,315,672
Electronic transfer levy6.4%
₦183,712,922
Ecological fund0.5%
₦14,079,470
Gross allocation
₦2,868,142,912

What came off first

Deductions at source
None recorded
Net allocation
₦2,868,142,912
Novemberfrom October revenue₦2.44B−14.9% on the month before

What came in

Value added tax (VAT)71.5%
₦1,744,311,072
Statutory allocation21.5%
₦524,993,832
Electronic transfer levy6.4%
₦155,136,668
Ecological fund0.6%
₦15,749,815
Gross allocation
₦2,440,191,387

What came off first

Deductions at source
None recorded
Net allocation
₦2,440,191,387
Decemberfrom November revenue₦1.96B−19.6% on the month before

What came in

Value added tax (VAT)65.2%
₦1,279,374,849
Statutory allocation27.5%
₦539,239,164
Electronic transfer levy6.5%
₦126,719,607
Ecological fund0.8%
₦16,177,175
Gross allocation
₦1,961,510,794

What came off first

Deductions at source
None recorded
Net allocation
₦1,961,510,794
TotalJan–Dec 2025₦26,431,226,962

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 Kosofe 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.