Surulere LGA · Lagos State · Federal allocation
Surulere LGA FAAC Allocation 2026
What was shared to the council each month, where it came from, and what came off first.
Surulere LGA in Lagos State received ₦18,441,997,450 (about ₦18.4B) in FAAC federal allocations between January and July 2026. That is about ₦2.63B a month.
Net allocation · Jan–Jul 2026
7 months on record₦18,441,997,450
+35.4% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · February
₦3.89BLowest · April
₦1.98BWhere 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
- ₦18,441,997,450
- Deductions at source
- None recorded
- Net allocation
- ₦18,441,997,450
Among Lagos’s councils
Surulere’s 2026 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
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₦2.51B+38.0% on the month before
What came in
- Value added tax (VAT)80.7%
- ₦2,022,365,089
- Statutory allocation14.3%
- ₦358,170,903
- Electronic transfer levy4.6%
- ₦114,337,753
- Ecological fund0.4%
- ₦10,745,127
- Gross allocation
- ₦2,505,618,872
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,505,618,872
Februaryfrom January revenue₦3.89B+55.4% on the month before
What came in
- Value added tax (VAT)91.3%
- ₦3,555,190,190
- Statutory allocation7.5%
- ₦292,219,677
- Augmentation0.9%
- ₦36,229,272
- Ecological fund0.3%
- ₦9,853,468
- Gross allocation
- ₦3,893,492,608
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦3,893,492,608
Marchfrom February revenue₦2.10B−46.1% on the month before
What came in
- Value added tax (VAT)79.3%
- ₦1,662,514,394
- Statutory allocation20.1%
- ₦421,693,806
- Ecological fund0.6%
- ₦12,650,814
- Gross allocation
- ₦2,096,859,014
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,096,859,014
Aprilfrom March revenue₦1.98B−5.5% on the month before
What came in
- Value added tax (VAT)72.5%
- ₦1,437,476,964
- Statutory allocation21.9%
- ₦434,819,672
- Augmentation3.7%
- ₦72,458,543
- Solid minerals revenue1.1%
- ₦21,463,605
- Ecological fund0.8%
- ₦15,862,255
- Gross allocation
- ₦1,982,081,039
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦1,982,081,039
Mayfrom April revenue₦2.75B+38.7% on the month before
What came in
- Value added tax (VAT)81.6%
- ₦2,244,654,541
- Statutory allocation14.5%
- ₦399,527,512
- Augmentation3.3%
- ₦90,573,179
- Ecological fund0.5%
- ₦14,703,021
- Gross allocation
- ₦2,749,458,253
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,749,458,253
Junefrom May revenue₦2.61B−4.9% on the month before
What came in
- Value added tax (VAT)79.7%
- ₦2,083,769,340
- Statutory allocation19.7%
- ₦515,656,138
- Ecological fund0.6%
- ₦15,469,684
- Gross allocation
- ₦2,614,895,162
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,614,895,162
Julyfrom June revenue₦2.60B−0.6% on the month before
What came in
- Value added tax (VAT)73.3%
- ₦1,904,649,542
- Statutory allocation22.5%
- ₦584,128,725
- Augmentation3.5%
- ₦90,573,179
- Ecological fund0.8%
- ₦20,241,057
- Gross allocation
- ₦2,599,592,503
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦2,599,592,503
Check the source
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.