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Ipokia LGA · Ogun State · Federal allocation

Ipokia LGA FAAC Allocation 2025

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

Ipokia LGA in Ogun State received ₦6,230,898,714 (about ₦6.2B) in FAAC federal allocations in 2025. That is about ₦519.2M a month.

Net allocation · Jan–Dec 2025

Full year
₦6.23B

₦6,230,898,714

+61.0% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦646.6M

Lowest · March

₦424.9M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.10B 49.4%

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

Statutory allocation₦2.68B 42.8%

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

Electronic transfer levy₦169.1M 2.7%

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

Exchange rate gain₦135.7M 2.2%

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

Augmentation₦99.1M 1.6%

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

Ecological fund₦77.7M 1.2%

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

Solid minerals revenue₦5.2M 0.1%

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
₦6,261,940,090
Other deductions
− ₦31,041,376
Amounts the report shows as taken off, without saying what for.
Net allocation
₦6,230,898,714

About ₦0.50 of every ₦100 was taken off before Ipokia’s share was set.

Among Ogun’s councils

Ipokia’s 2025 total is the 9th 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 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₦438.7M+4.7% on the month before

What came in

Value added tax (VAT)59.8%
₦262,263,970
Statutory allocation18.8%
₦82,367,923
Exchange rate gain17.4%
₦76,196,528
Electronic transfer levy3.1%
₦13,535,675
Ecological fund1.0%
₦4,323,860
Gross allocation
₦438,687,957

What came off first

Deductions at source
None recorded
Net allocation
₦438,687,957
Februaryfrom January revenue₦476.6M+8.6% on the month before

What came in

Value added tax (VAT)53.3%
₦253,905,819
Statutory allocation35.4%
₦168,779,479
Augmentation8.3%
₦39,732,633
Electronic transfer levy1.9%
₦8,839,835
Ecological fund1.1%
₦5,367,956
Gross allocation
₦476,625,722

What came off first

Deductions at source
None recorded
Net allocation
₦476,625,722
Marchfrom February revenue₦424.9M−10.8% on the month before

What came in

Value added tax (VAT)50.2%
₦213,493,450
Statutory allocation34.9%
₦148,375,240
Augmentation8.9%
₦37,986,941
Electronic transfer levy3.3%
₦14,099,303
Ecological fund1.4%
₦5,748,044
Solid minerals revenue1.2%
₦5,239,290
Gross allocation
₦424,942,268

What came off first

Deductions at source
None recorded
Net allocation
₦424,942,268
Aprilfrom March revenue₦443.7M+4.4% on the month before

What came in

Value added tax (VAT)48.5%
₦215,042,505
Statutory allocation46.8%
₦207,521,278
Electronic transfer levy2.3%
₦10,393,589
Exchange rate gain1.2%
₦5,429,283
Ecological fund1.2%
₦5,297,413
Gross allocation
₦443,684,068

What came off first

Deductions at source
None recorded
Net allocation
₦443,684,068
Mayfrom April revenue₦460.7M+3.8% on the month before

What came in

Value added tax (VAT)53.9%
₦248,419,625
Statutory allocation37.9%
₦174,725,249
Electronic transfer levy3.5%
₦16,289,896
Exchange rate gain3.4%
₦15,580,116
Ecological fund1.2%
₦5,709,161
Gross allocation
₦460,724,047

What came off first

Deductions at source
None recorded
Net allocation
₦460,724,047
Junefrom May revenue₦514.8M+11.7% on the month before

What came in

Value added tax (VAT)56.3%
₦289,883,508
Statutory allocation37.5%
₦193,292,913
Exchange rate gain2.9%
₦14,818,217
Electronic transfer levy2.2%
₦11,556,554
Ecological fund1.0%
₦5,227,040
Gross allocation
₦514,778,231

What came off first

Deductions at source
None recorded
Net allocation
₦514,778,231
Julyfrom June revenue₦464.1M−9.8% on the month before

What came in

Value added tax (VAT)48.3%
₦224,009,679
Statutory allocation41.4%
₦192,204,583
Augmentation4.6%
₦21,340,978
Electronic transfer levy2.6%
₦12,131,718
Exchange rate gain1.7%
₦7,756,637
Ecological fund1.4%
₦6,639,066
Gross allocation
₦464,082,661

What came off first

Deductions at source
None recorded
Net allocation
₦464,082,661
Augustfrom July revenue₦614.1M+32.3% on the month before

What came in

Statutory allocation49.1%
₦301,496,190
Value added tax (VAT)45.8%
₦281,332,857
Electronic transfer levy2.5%
₦15,626,049
Exchange rate gain1.3%
₦7,917,530
Ecological fund1.3%
₦7,697,207
Gross allocation
₦614,069,834

What came off first

Deductions at source
None recorded
Net allocation
₦614,069,834
Septemberfrom August revenue₦554.5M−9.7% on the month before

What came in

Value added tax (VAT)47.6%
₦278,696,261
Statutory allocation47.4%
₦277,279,317
Electronic transfer levy2.2%
₦12,941,626
Ecological fund1.5%
₦8,559,000
Exchange rate gain1.4%
₦8,020,670
Gross allocation
₦585,496,874

What came off first

Other deductions
− ₦31,041,376
Net allocation
₦554,455,498
Octoberfrom September revenue₦646.6M+16.6% on the month before

What came in

Value added tax (VAT)51.7%
₦334,441,587
Statutory allocation44.2%
₦285,712,714
Electronic transfer levy3.0%
₦19,390,286
Ecological fund1.1%
₦7,069,163
Gross allocation
₦646,613,751

What came off first

Deductions at source
None recorded
Net allocation
₦646,613,751
Novemberfrom October revenue₦635.8M−1.7% on the month before

What came in

Statutory allocation50.3%
₦319,608,787
Value added tax (VAT)45.5%
₦289,484,223
Electronic transfer levy3.0%
₦18,784,614
Ecological fund1.2%
₦7,907,827
Gross allocation
₦635,785,451

What came off first

Deductions at source
None recorded
Net allocation
₦635,785,451
Decemberfrom November revenue₦556.4M−12.5% on the month before

What came in

Statutory allocation59.0%
₦328,281,143
Value added tax (VAT)36.8%
₦204,526,499
Electronic transfer levy2.8%
₦15,519,185
Ecological fund1.5%
₦8,122,400
Gross allocation
₦556,449,227

What came off first

Deductions at source
None recorded
Net allocation
₦556,449,227
TotalJan–Dec 2025₦6,230,898,714

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 Ipokia 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.