Ifo LGA · Ogun State · Federal allocation
Ifo LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Ifo LGA in Ogun State received ₦7,225,889,424 (about ₦7.2B) in FAAC federal allocations in 2025. That is about ₦602.2M a month.
Net allocation · Jan–Dec 2025
Full year₦7,225,889,424
−11.3% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · July
₦826.7MLowest · January
₦445.6MWhere 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.
The ₦50 charged on bank transfers of ₦10,000 or more.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
A top-up added to the month’s pool from other federal revenue.
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
- ₦7,256,802,880
- Other deductions
- − ₦30,913,456
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦7,225,889,424
About ₦0.43 of every ₦100 was taken off before Ifo’s share was set.
Among Ogun’s councils
Ifo’s 2025 total is the 3rd largest of Ogun’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 recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Januaryfrom December 2024 revenue₦445.6M−40.3% on the month before
What came in
- Value added tax (VAT)46.8%
- ₦208,425,557
- Exchange rate gain30.4%
- ₦135,398,810
- Statutory allocation16.1%
- ₦71,839,397
- Electronic transfer levy5.0%
- ₦22,301,493
- Ecological fund1.7%
- ₦7,683,362
- Gross allocation
- ₦445,648,618
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦445,648,618
Februaryfrom January revenue₦697.7M+56.6% on the month before
What came in
- Value added tax (VAT)65.3%
- ₦455,783,476
- Statutory allocation21.1%
- ₦147,205,555
- Augmentation10.1%
- ₦70,603,627
- Electronic transfer levy2.1%
- ₦14,610,844
- Ecological fund1.4%
- ₦9,538,687
- Gross allocation
- ₦697,742,189
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦697,742,189
Marchfrom February revenue₦759.3M+8.8% on the month before
What came in
- Value added tax (VAT)50.7%
- ₦384,658,569
- Statutory allocation34.7%
- ₦263,658,088
- Augmentation8.9%
- ₦67,501,588
- Electronic transfer levy3.2%
- ₦23,977,443
- Ecological fund1.3%
- ₦10,214,092
- Solid minerals revenue1.2%
- ₦9,310,051
- Gross allocation
- ₦759,319,831
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦759,319,831
Aprilfrom March revenue₦599.3M−21.1% on the month before
What came in
- Value added tax (VAT)63.7%
- ₦381,803,790
- Statutory allocation30.2%
- ₦180,995,256
- Electronic transfer levy2.9%
- ₦17,406,839
- Exchange rate gain1.6%
- ₦9,647,663
- Ecological fund1.6%
- ₦9,413,334
- Gross allocation
- ₦599,266,882
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦599,266,882
Mayfrom April revenue₦570.7M−4.8% on the month before
What came in
- Statutory allocation54.4%
- ₦310,481,217
- Value added tax (VAT)34.2%
- ₦195,185,964
- Exchange rate gain4.9%
- ₦27,685,371
- Electronic transfer levy4.8%
- ₦27,204,641
- Ecological fund1.8%
- ₦10,144,998
- Gross allocation
- ₦570,702,191
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦570,702,191
Junefrom May revenue₦451.8M−20.8% on the month before
What came in
- Value added tax (VAT)50.5%
- ₦228,315,342
- Statutory allocation37.3%
- ₦168,585,606
- Exchange rate gain5.8%
- ₦26,331,501
- Electronic transfer levy4.3%
- ₦19,327,111
- Ecological fund2.1%
- ₦9,288,284
- Gross allocation
- ₦451,847,843
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦451,847,843
Julyfrom June revenue₦826.7M+83.0% on the month before
What came in
- Value added tax (VAT)48.5%
- ₦401,375,691
- Statutory allocation41.3%
- ₦341,541,439
- Augmentation4.6%
- ₦37,922,240
- Electronic transfer levy2.5%
- ₦20,322,869
- Exchange rate gain1.7%
- ₦13,783,298
- Ecological fund1.4%
- ₦11,797,409
- Gross allocation
- ₦826,742,947
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦826,742,947
Augustfrom July revenue₦541.2M−34.5% on the month before
What came in
- Statutory allocation48.6%
- ₦262,958,000
- Value added tax (VAT)41.4%
- ₦224,313,429
- Electronic transfer levy4.8%
- ₦26,186,881
- Exchange rate gain2.6%
- ₦14,069,200
- Ecological fund2.5%
- ₦13,677,692
- Gross allocation
- ₦541,205,202
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦541,205,202
Septemberfrom August revenue₦732.1M+35.3% on the month before
What came in
- Statutory allocation64.6%
- ₦492,716,539
- Value added tax (VAT)28.7%
- ₦218,802,503
- Electronic transfer levy2.9%
- ₦22,023,997
- Ecological fund2.0%
- ₦15,209,070
- Exchange rate gain1.9%
- ₦14,252,475
- Gross allocation
- ₦763,004,584
What came off first
- Other deductions
- − ₦30,913,456
- Net allocation
- ₦732,091,128
Octoberfrom September revenue₦557.8M−23.8% on the month before
What came in
- Value added tax (VAT)47.0%
- ₦262,114,255
- Statutory allocation44.7%
- ₦249,192,017
- Electronic transfer levy6.1%
- ₦33,906,355
- Ecological fund2.3%
- ₦12,561,678
- Gross allocation
- ₦557,774,304
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦557,774,304
Novemberfrom October revenue₦554.9M−0.5% on the month before
What came in
- Statutory allocation50.2%
- ₦278,755,387
- Value added tax (VAT)41.4%
- ₦229,821,826
- Electronic transfer levy5.8%
- ₦32,229,588
- Ecological fund2.5%
- ₦14,051,957
- Gross allocation
- ₦554,858,758
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦554,858,758
Decemberfrom November revenue₦488.7M−11.9% on the month before
What came in
- Statutory allocation58.6%
- ₦286,319,215
- Value added tax (VAT)33.0%
- ₦161,282,928
- Electronic transfer levy5.5%
- ₦26,654,139
- Ecological fund3.0%
- ₦14,433,247
- Gross allocation
- ₦488,689,529
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦488,689,529
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Ifo 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.