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Odeda LGA · Ogun State · Federal allocation

Odeda LGA FAAC Allocation 2025

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

Odeda LGA in Ogun State received ₦5,353,512,717 (about ₦5.4B) in FAAC federal allocations in 2025. That is about ₦446.1M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.35B

₦5,353,512,717

+40.2% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦520.3M

Lowest · January

₦374.9M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.62B 48.7%

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

Statutory allocation₦2.28B 42.4%

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

Electronic transfer levy₦156.3M 2.9%

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

Exchange rate gain₦138.1M 2.6%

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

Augmentation₦100.8M 1.9%

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

Ecological fund₦79.1M 1.5%

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

Solid minerals revenue₦5.3M 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
₦5,380,672,934
Other deductions
− ₦27,160,217
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,353,512,717

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

Among Ogun’s councils

Odeda’s 2025 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

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₦374.9M−7.2% on the month before

What came in

Value added tax (VAT)57.6%
₦216,105,999
Exchange rate gain20.7%
₦77,558,317
Statutory allocation17.1%
₦64,264,225
Electronic transfer levy3.4%
₦12,576,310
Ecological fund1.2%
₦4,401,136
Gross allocation
₦374,905,987

What came off first

Deductions at source
None recorded
Net allocation
₦374,905,987
Februaryfrom January revenue₦417.6M+11.4% on the month before

What came in

Value added tax (VAT)55.5%
₦231,811,541
Statutory allocation31.5%
₦131,683,329
Augmentation9.7%
₦40,442,737
Electronic transfer levy2.0%
₦8,208,233
Ecological fund1.3%
₦5,463,892
Gross allocation
₦417,609,733

What came off first

Deductions at source
None recorded
Net allocation
₦417,609,733
Marchfrom February revenue₦408.7M−2.1% on the month before

What came in

Value added tax (VAT)47.7%
₦194,760,472
Statutory allocation37.0%
₦151,027,011
Augmentation9.5%
₦38,665,846
Electronic transfer levy3.2%
₦13,018,201
Ecological fund1.4%
₦5,850,774
Solid minerals revenue1.3%
₦5,332,926
Gross allocation
₦408,655,231

What came off first

Deductions at source
None recorded
Net allocation
₦408,655,231
Aprilfrom March revenue₦379.2M−7.2% on the month before

What came in

Value added tax (VAT)51.9%
₦196,791,499
Statutory allocation42.7%
₦161,910,043
Electronic transfer levy2.5%
₦9,626,032
Exchange rate gain1.5%
₦5,526,315
Ecological fund1.4%
₦5,392,089
Gross allocation
₦379,245,978

What came off first

Deductions at source
None recorded
Net allocation
₦379,245,978
Mayfrom April revenue₦417.4M+10.1% on the month before

What came in

Value added tax (VAT)48.6%
₦202,780,133
Statutory allocation42.6%
₦177,847,949
Exchange rate gain3.8%
₦15,858,565
Electronic transfer levy3.6%
₦15,095,344
Ecological fund1.4%
₦5,811,195
Gross allocation
₦417,393,186

What came off first

Deductions at source
None recorded
Net allocation
₦417,393,186
Junefrom May revenue₦419.0M+0.4% on the month before

What came in

Value added tax (VAT)56.6%
₦237,098,489
Statutory allocation36.0%
₦150,808,940
Exchange rate gain3.6%
₦15,083,049
Electronic transfer levy2.6%
₦10,706,114
Ecological fund1.3%
₦5,320,458
Gross allocation
₦419,017,050

What came off first

Deductions at source
None recorded
Net allocation
₦419,017,050
Julyfrom June revenue₦447.8M+6.9% on the month before

What came in

Value added tax (VAT)45.7%
₦204,598,050
Statutory allocation43.7%
₦195,639,675
Augmentation4.9%
₦21,722,385
Electronic transfer levy2.5%
₦11,235,247
Exchange rate gain1.8%
₦7,895,264
Ecological fund1.5%
₦6,757,720
Gross allocation
₦447,848,342

What came off first

Deductions at source
None recorded
Net allocation
₦447,848,342
Augustfrom July revenue₦498.0M+11.2% on the month before

What came in

Statutory allocation47.2%
₦235,230,149
Value added tax (VAT)46.7%
₦232,447,666
Electronic transfer levy2.9%
₦14,470,231
Exchange rate gain1.6%
₦8,059,033
Ecological fund1.6%
₦7,834,772
Gross allocation
₦498,041,850

What came off first

Deductions at source
None recorded
Net allocation
₦498,041,850
Septemberfrom August revenue₦511.2M+2.7% on the month before

What came in

Statutory allocation52.4%
₦282,234,870
Value added tax (VAT)42.2%
₦227,346,784
Electronic transfer levy2.2%
₦11,947,616
Ecological fund1.6%
₦8,711,967
Exchange rate gain1.5%
₦8,164,016
Gross allocation
₦538,405,252

What came off first

Other deductions
− ₦27,160,217
Net allocation
₦511,245,036
Octoberfrom September revenue₦520.3M+1.8% on the month before

What came in

Value added tax (VAT)52.4%
₦272,432,276
Statutory allocation42.8%
₦222,915,733
Electronic transfer levy3.4%
₦17,801,591
Ecological fund1.4%
₦7,195,504
Gross allocation
₦520,345,104

What came off first

Deductions at source
None recorded
Net allocation
₦520,345,104
Novemberfrom October revenue₦513.1M−1.4% on the month before

What came in

Statutory allocation48.6%
₦249,361,767
Value added tax (VAT)46.5%
₦238,333,102
Electronic transfer levy3.4%
₦17,313,144
Ecological fund1.6%
₦8,049,156
Gross allocation
₦513,057,168

What came off first

Deductions at source
None recorded
Net allocation
₦513,057,168
Decemberfrom November revenue₦446.1M−13.0% on the month before

What came in

Statutory allocation57.4%
₦256,128,020
Value added tax (VAT)37.5%
₦167,451,938
Electronic transfer levy3.2%
₦14,300,532
Ecological fund1.9%
₦8,267,564
Gross allocation
₦446,148,054

What came off first

Deductions at source
None recorded
Net allocation
₦446,148,054
TotalJan–Dec 2025₦5,353,512,717

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 Odeda 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.