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Ipokia LGA · Ogun State · Federal allocation

Ipokia LGA FAAC Allocation 2026

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

Ipokia LGA in Ogun State received ₦4,314,999,885 (about ₦4.3B) in FAAC federal allocations between January and July 2026. That is about ₦616.4M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦4.31B

₦4,314,999,885

+33.9% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦749.2M

Lowest · February

₦524.0M

Where the money came from

Share of gross allocation

Statutory allocation₦2.11B 48.9%

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

Value added tax (VAT)₦1.95B 45.1%

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

Augmentation₦170.7M 4.0%

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

Ecological fund₦58.6M 1.4%

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

Electronic transfer levy₦15.2M 0.4%

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

Solid minerals revenue₦12.6M 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
₦4,314,999,885
Deductions at source
None recorded
Net allocation
₦4,314,999,885

Among Ogun’s councils

Ipokia’s 2026 total is the 7th 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₦637.2M+14.5% on the month before

What came in

Value added tax (VAT)56.5%
₦359,912,139
Statutory allocation40.1%
₦255,816,084
Electronic transfer levy2.4%
₦15,161,087
Ecological fund1.0%
₦6,329,454
Gross allocation
₦637,218,764

What came off first

Deductions at source
None recorded
Net allocation
₦637,218,764
Februaryfrom January revenue₦524.0M−17.8% on the month before

What came in

Value added tax (VAT)62.0%
₦324,764,867
Statutory allocation32.8%
₦172,133,016
Augmentation4.1%
₦21,340,978
Ecological fund1.1%
₦5,804,220
Gross allocation
₦524,043,081

What came off first

Deductions at source
None recorded
Net allocation
₦524,043,081
Marchfrom February revenue₦536.8M+2.4% on the month before

What came in

Statutory allocation56.1%
₦301,185,990
Value added tax (VAT)42.5%
₦228,115,244
Ecological fund1.4%
₦7,452,006
Gross allocation
₦536,753,240

What came off first

Deductions at source
None recorded
Net allocation
₦536,753,240
Aprilfrom March revenue₦577.4M+7.6% on the month before

What came in

Statutory allocation53.8%
₦310,560,866
Value added tax (VAT)35.0%
₦202,156,067
Augmentation7.4%
₦42,681,956
Solid minerals revenue2.2%
₦12,643,211
Ecological fund1.6%
₦9,343,716
Gross allocation
₦577,385,817

What came off first

Deductions at source
None recorded
Net allocation
₦577,385,817
Mayfrom April revenue₦659.2M+14.2% on the month before

What came in

Value added tax (VAT)47.3%
₦311,852,517
Statutory allocation43.3%
₦285,354,178
Augmentation8.1%
₦53,352,446
Ecological fund1.3%
₦8,660,865
Gross allocation
₦659,220,006

What came off first

Deductions at source
None recorded
Net allocation
₦659,220,006
Junefrom May revenue₦631.2M−4.3% on the month before

What came in

Statutory allocation58.3%
₦368,296,623
Value added tax (VAT)40.2%
₦253,781,561
Ecological fund1.4%
₦9,112,471
Gross allocation
₦631,190,655

What came off first

Deductions at source
None recorded
Net allocation
₦631,190,655
Julyfrom June revenue₦749.2M+18.7% on the month before

What came in

Statutory allocation55.7%
₦417,201,738
Value added tax (VAT)35.6%
₦266,711,073
Augmentation7.1%
₦53,352,446
Ecological fund1.6%
₦11,923,065
Gross allocation
₦749,188,322

What came off first

Deductions at source
None recorded
Net allocation
₦749,188,322
TotalJan–Jul 2026₦4,314,999,885

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.