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Oshodi-Isolo LGA · Lagos State · Federal allocation

Oshodi-Isolo LGA FAAC Allocation 2025

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

Oshodi-Isolo LGA in Lagos State received ₦25,968,844,863 (about ₦26.0B) in FAAC federal allocations in 2025. That is about ₦2.16B a month.

Net allocation · Jan–Dec 2025

Full year
₦25.97B

₦25,968,844,863

+23.8% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦2.82B

Lowest · April

₦1.85B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦19.69B 75.7%

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

Statutory allocation₦4.51B 17.3%

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

Electronic transfer levy₦1.20B 4.6%

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

Exchange rate gain₦260.4M 1.0%

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

Augmentation₦190.1M 0.7%

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

Ecological fund₦149.0M 0.6%

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

Solid minerals revenue₦10.1M 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
₦26,003,745,038
Other deductions
− ₦34,900,174
Amounts the report shows as taken off, without saying what for.
Net allocation
₦25,968,844,863

About ₦0.13 of every ₦100 was taken off before Oshodi-Isolo’s share was set.

Among Lagos’s councils

Oshodi-Isolo’s 2025 total is the 5th 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₦1.96B+3.4% on the month before

What came in

Value added tax (VAT)82.5%
₦1,612,831,873
Exchange rate gain7.5%
₦146,216,011
Statutory allocation6.7%
₦130,357,205
Electronic transfer levy2.9%
₦57,331,530
Ecological fund0.4%
₦8,297,196
Gross allocation
₦1,955,033,816

What came off first

Deductions at source
None recorded
Net allocation
₦1,955,033,816
Februaryfrom January revenue₦2.25B+15.0% on the month before

What came in

Value added tax (VAT)82.7%
₦1,858,933,355
Statutory allocation11.9%
₦267,113,947
Augmentation3.4%
₦76,244,250
Electronic transfer levy1.6%
₦36,524,960
Ecological fund0.5%
₦10,300,746
Gross allocation
₦2,249,117,259

What came off first

Deductions at source
None recorded
Net allocation
₦2,249,117,259
Marchfrom February revenue₦2.07B−7.9% on the month before

What came in

Value added tax (VAT)76.5%
₦1,584,075,662
Statutory allocation13.7%
₦284,722,103
Electronic transfer levy5.2%
₦108,727,376
Augmentation3.5%
₦72,894,384
Ecological fund0.5%
₦11,030,110
Solid minerals revenue0.5%
₦10,053,844
Gross allocation
₦2,071,503,479

What came off first

Deductions at source
None recorded
Net allocation
₦2,071,503,479
Aprilfrom March revenue₦1.85B−10.7% on the month before

What came in

Value added tax (VAT)77.4%
₦1,431,199,647
Statutory allocation17.8%
₦328,427,532
Electronic transfer levy3.7%
₦68,795,135
Exchange rate gain0.6%
₦10,418,428
Ecological fund0.5%
₦10,165,379
Gross allocation
₦1,849,006,121

What came off first

Deductions at source
None recorded
Net allocation
₦1,849,006,121
Mayfrom April revenue₦2.07B+12.1% on the month before

What came in

Value added tax (VAT)76.8%
₦1,592,276,631
Statutory allocation16.2%
₦335,285,997
Electronic transfer levy5.1%
₦104,924,395
Exchange rate gain1.4%
₦29,897,195
Ecological fund0.5%
₦10,955,496
Gross allocation
₦2,073,339,714

What came off first

Deductions at source
None recorded
Net allocation
₦2,073,339,714
Junefrom May revenue₦2.04B−1.7% on the month before

What came in

Value added tax (VAT)79.3%
₦1,616,458,337
Statutory allocation15.0%
₦305,909,423
Electronic transfer levy3.8%
₦76,607,212
Exchange rate gain1.4%
₦28,435,161
Ecological fund0.5%
₦10,030,338
Gross allocation
₦2,037,440,471

What came off first

Deductions at source
None recorded
Net allocation
₦2,037,440,471
Julyfrom June revenue₦2.08B+2.2% on the month before

What came in

Value added tax (VAT)75.2%
₦1,564,364,846
Statutory allocation17.7%
₦368,827,664
Electronic transfer levy3.8%
₦79,855,931
Augmentation2.0%
₦40,951,901
Exchange rate gain0.7%
₦14,884,465
Ecological fund0.6%
₦12,739,921
Gross allocation
₦2,081,624,728

What came off first

Deductions at source
None recorded
Net allocation
₦2,081,624,728
Augustfrom July revenue₦2.13B+2.4% on the month before

What came in

Value added tax (VAT)71.2%
₦1,517,979,374
Statutory allocation22.4%
₦477,154,201
Electronic transfer levy5.0%
₦106,646,919
Exchange rate gain0.7%
₦15,193,208
Ecological fund0.7%
₦14,770,422
Gross allocation
₦2,131,744,125

What came off first

Deductions at source
None recorded
Net allocation
₦2,131,744,125
Septemberfrom August revenue₦2.38B+11.5% on the month before

What came in

Value added tax (VAT)72.5%
₦1,749,572,716
Statutory allocation22.1%
₦532,080,354
Electronic transfer levy4.1%
₦98,703,288
Ecological fund0.7%
₦16,424,144
Exchange rate gain0.6%
₦15,391,125
Gross allocation
₦2,412,171,627

What came off first

Other deductions
− ₦34,900,174
Net allocation
₦2,377,271,453
Octoberfrom September revenue₦2.82B+18.7% on the month before

What came in

Value added tax (VAT)77.0%
₦2,174,284,920
Statutory allocation16.0%
₦452,174,940
Electronic transfer levy6.4%
₦182,011,522
Ecological fund0.5%
₦13,565,248
Gross allocation
₦2,822,036,630

What came off first

Deductions at source
None recorded
Net allocation
₦2,822,036,630
Novemberfrom October revenue₦2.40B−15.1% on the month before

What came in

Value added tax (VAT)71.9%
₦1,722,245,212
Statutory allocation21.1%
₦505,819,578
Electronic transfer levy6.4%
₦153,560,808
Ecological fund0.6%
₦15,174,587
Gross allocation
₦2,396,800,185

What came off first

Deductions at source
None recorded
Net allocation
₦2,396,800,185
Decemberfrom November revenue₦1.92B−19.7% on the month before

What came in

Value added tax (VAT)65.7%
₦1,263,381,415
Statutory allocation27.0%
₦519,544,629
Electronic transfer levy6.5%
₦125,414,500
Ecological fund0.8%
₦15,586,339
Gross allocation
₦1,923,926,883

What came off first

Deductions at source
None recorded
Net allocation
₦1,923,926,883
TotalJan–Dec 2025₦25,968,844,863

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 Oshodi-Isolo 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.