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Ikenne LGA · Ogun State · Federal allocation

Ikenne LGA FAAC Allocation 2026

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

Ikenne LGA in Ogun State received ₦3,547,080,428 (about ₦3.5B) in FAAC federal allocations between January and July 2026. That is about ₦506.7M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦3.55B

₦3,547,080,428

+27.4% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦602.9M

Lowest · March

₦429.6M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦1.68B 47.3%

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

Statutory allocation₦1.63B 46.0%

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

Augmentation₦157.2M 4.4%

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

Ecological fund₦54.0M 1.5%

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

Electronic transfer levy₦14.3M 0.4%

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

Solid minerals revenue₦11.6M 0.3%

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
₦3,547,080,428
Deductions at source
None recorded
Net allocation
₦3,547,080,428

Among Ogun’s councils

Ikenne’s 2026 total is the 15th 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

7 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 2025 revenue₦504.4M+15.7% on the month before

What came in

Value added tax (VAT)57.5%
₦289,988,448
Statutory allocation38.5%
₦194,302,320
Electronic transfer levy2.8%
₦14,255,104
Ecological fund1.2%
₦5,829,070
Gross allocation
₦504,374,941

What came off first

Deductions at source
None recorded
Net allocation
₦504,374,941
Februaryfrom January revenue₦492.4M−2.4% on the month before

What came in

Value added tax (VAT)62.7%
₦308,865,287
Statutory allocation32.2%
₦158,524,773
Augmentation4.0%
₦19,653,834
Ecological fund1.1%
₦5,345,358
Gross allocation
₦492,389,253

What came off first

Deductions at source
None recorded
Net allocation
₦492,389,253
Marchfrom February revenue₦429.6M−12.7% on the month before

What came in

Statutory allocation53.2%
₦228,762,537
Value added tax (VAT)45.2%
₦194,021,364
Ecological fund1.6%
₦6,862,876
Gross allocation
₦429,646,777

What came off first

Deductions at source
None recorded
Net allocation
₦429,646,777
Aprilfrom March revenue₦469.2M+9.2% on the month before

What came in

Statutory allocation50.3%
₦235,883,122
Value added tax (VAT)37.0%
₦173,774,342
Augmentation8.4%
₦39,307,668
Solid minerals revenue2.5%
₦11,643,682
Ecological fund1.8%
₦8,605,034
Gross allocation
₦469,213,849

What came off first

Deductions at source
None recorded
Net allocation
₦469,213,849
Mayfrom April revenue₦544.6M+16.1% on the month before

What came in

Value added tax (VAT)49.7%
₦270,711,534
Statutory allocation39.8%
₦216,737,657
Augmentation9.0%
₦49,134,585
Ecological fund1.5%
₦7,976,167
Gross allocation
₦544,559,943

What came off first

Deductions at source
None recorded
Net allocation
₦544,559,943
Junefrom May revenue₦504.0M−7.5% on the month before

What came in

Statutory allocation55.5%
₦279,735,687
Value added tax (VAT)42.8%
₦215,851,269
Ecological fund1.7%
₦8,392,071
Gross allocation
₦503,979,027

What came off first

Deductions at source
None recorded
Net allocation
₦503,979,027
Julyfrom June revenue₦602.9M+19.6% on the month before

What came in

Statutory allocation52.6%
₦316,881,034
Value added tax (VAT)37.5%
₦225,920,551
Augmentation8.1%
₦49,134,585
Ecological fund1.8%
₦10,980,469
Gross allocation
₦602,916,639

What came off first

Deductions at source
None recorded
Net allocation
₦602,916,639
TotalJan–Jul 2026₦3,547,080,428

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 Ikenne 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.