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Surulere LGA · Lagos State · Federal allocation

Surulere LGA FAAC Allocation 2025

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

Surulere LGA in Lagos State received ₦24,656,876,134 (about ₦24.7B) in FAAC federal allocations in 2025. That is about ₦2.05B a month.

Net allocation · Jan–Dec 2025

Full year
₦24.66B

₦24,656,876,134

+23.1% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦2.69B

Lowest · April

₦1.75B

Where the money came from

Share of gross allocation

Value added tax (VAT)₦19.01B 77.0%

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

Statutory allocation₦3.99B 16.1%

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

Electronic transfer levy₦1.16B 4.7%

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

Exchange rate gain₦230.4M 0.9%

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

Augmentation₦168.2M 0.7%

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

Ecological fund₦131.9M 0.5%

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

Solid minerals revenue₦8.9M 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
₦24,695,333,810
Other deductions
− ₦38,457,676
Amounts the report shows as taken off, without saying what for.
Net allocation
₦24,656,876,134

About ₦0.16 of every ₦100 was taken off before Surulere’s share was set.

Among Lagos’s councils

Surulere’s 2025 total is the 8th 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₦1.87B+4.1% on the month before

What came in

Value added tax (VAT)83.6%
₦1,559,502,102
Exchange rate gain6.9%
₦129,354,179
Statutory allocation6.2%
₦115,324,232
Electronic transfer levy2.9%
₦54,579,790
Ecological fund0.4%
₦7,340,352
Gross allocation
₦1,866,100,656

What came off first

Deductions at source
None recorded
Net allocation
₦1,866,100,656
Februaryfrom January revenue₦2.14B+14.8% on the month before

What came in

Value added tax (VAT)83.8%
₦1,795,560,515
Statutory allocation11.0%
₦236,309,998
Augmentation3.1%
₦67,451,658
Electronic transfer levy1.6%
₦34,713,342
Ecological fund0.4%
₦9,112,850
Gross allocation
₦2,143,148,363

What came off first

Deductions at source
None recorded
Net allocation
₦2,143,148,363
Marchfrom February revenue₦1.97B−8.0% on the month before

What came in

Value added tax (VAT)77.6%
₦1,530,344,012
Statutory allocation12.8%
₦251,887,557
Electronic transfer levy5.4%
₦105,626,459
Augmentation3.3%
₦64,488,103
Ecological fund0.5%
₦9,758,102
Solid minerals revenue0.5%
₦8,894,421
Gross allocation
₦1,970,998,655

What came off first

Deductions at source
None recorded
Net allocation
₦1,970,998,655
Aprilfrom March revenue₦1.75B−11.0% on the month before

What came in

Value added tax (VAT)78.6%
₦1,378,850,435
Statutory allocation16.6%
₦290,552,816
Electronic transfer levy3.8%
₦66,593,557
Exchange rate gain0.5%
₦9,216,960
Ecological fund0.5%
₦8,993,093
Gross allocation
₦1,754,206,861

What came off first

Deductions at source
None recorded
Net allocation
₦1,754,206,861
Mayfrom April revenue₦1.97B+12.5% on the month before

What came in

Value added tax (VAT)78.0%
₦1,539,545,898
Statutory allocation15.0%
₦296,620,353
Electronic transfer levy5.1%
₦101,498,071
Exchange rate gain1.3%
₦26,449,409
Ecological fund0.5%
₦9,692,093
Gross allocation
₦1,973,805,823

What came off first

Deductions at source
None recorded
Net allocation
₦1,973,805,823
Junefrom May revenue₦1.93B−2.0% on the month before

What came in

Value added tax (VAT)80.4%
₦1,555,471,840
Statutory allocation14.0%
₦270,631,526
Electronic transfer levy3.8%
₦74,167,902
Exchange rate gain1.3%
₦25,155,979
Ecological fund0.5%
₦8,873,625
Gross allocation
₦1,934,300,872

What came off first

Deductions at source
None recorded
Net allocation
₦1,934,300,872
Julyfrom June revenue₦1.97B+2.0% on the month before

What came in

Value added tax (VAT)76.5%
₦1,508,686,629
Statutory allocation16.5%
₦326,293,948
Electronic transfer levy3.9%
₦77,284,589
Augmentation1.8%
₦36,229,272
Exchange rate gain0.7%
₦13,167,968
Ecological fund0.6%
₦11,270,736
Gross allocation
₦1,972,933,142

What came off first

Deductions at source
None recorded
Net allocation
₦1,972,933,142
Augustfrom July revenue₦2.01B+2.1% on the month before

What came in

Value added tax (VAT)72.6%
₦1,461,498,641
Statutory allocation21.0%
₦422,128,120
Electronic transfer levy5.1%
₦103,331,694
Exchange rate gain0.7%
₦13,441,107
Ecological fund0.6%
₦13,067,077
Gross allocation
₦2,013,466,639

What came off first

Deductions at source
None recorded
Net allocation
₦2,013,466,639
Septemberfrom August revenue₦2.25B+11.6% on the month before

What came in

Value added tax (VAT)74.0%
₦1,690,244,808
Statutory allocation20.6%
₦470,720,114
Electronic transfer levy4.2%
₦95,852,177
Ecological fund0.6%
₦14,530,089
Exchange rate gain0.6%
₦13,616,200
Gross allocation
₦2,284,963,387

What came off first

Other deductions
− ₦38,457,676
Net allocation
₦2,246,505,711
Octoberfrom September revenue₦2.69B+19.8% on the month before

What came in

Value added tax (VAT)78.1%
₦2,102,640,904
Statutory allocation14.9%
₦400,029,502
Electronic transfer levy6.6%
₦177,454,680
Ecological fund0.4%
₦12,000,885
Gross allocation
₦2,692,125,971

What came off first

Deductions at source
None recorded
Net allocation
₦2,692,125,971
Novemberfrom October revenue₦2.27B−15.6% on the month before

What came in

Value added tax (VAT)73.2%
₦1,663,146,479
Statutory allocation19.7%
₦447,487,766
Electronic transfer levy6.6%
₦149,340,201
Ecological fund0.6%
₦13,424,633
Gross allocation
₦2,273,399,079

What came off first

Deductions at source
None recorded
Net allocation
₦2,273,399,079
Decemberfrom November revenue₦1.82B−20.1% on the month before

What came in

Value added tax (VAT)67.2%
₦1,220,546,390
Statutory allocation25.3%
₦459,630,026
Electronic transfer levy6.7%
₦121,919,048
Ecological fund0.8%
₦13,788,901
Gross allocation
₦1,815,884,364

What came off first

Deductions at source
None recorded
Net allocation
₦1,815,884,364
TotalJan–Dec 2025₦24,656,876,134

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 Surulere 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.