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Akoko South East LGA · Ondo State · Federal allocation

Akoko South East LGA FAAC Allocation 2025

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

Akoko South East LGA in Ondo State received ₦6,098,139,173 (about ₦6.1B) in FAAC federal allocations in 2025. That is about ₦508.2M a month.

Net allocation · Jan–Dec 2025

Full year
₦6.10B

₦6,098,139,173

+82.8% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦662.0M

Lowest · March

₦388.9M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.97B 48.1%

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

Statutory allocation₦2.77B 44.9%

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

Electronic transfer levy₦135.3M 2.2%

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

Exchange rate gain₦127.4M 2.1%

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

Augmentation₦93.0M 1.5%

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

Ecological fund₦72.9M 1.2%

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

Solid minerals revenue₦4.9M 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
₦6,174,014,264
Ecology transfer
− ₦43,963,760
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦31,911,331
Amounts the report shows as taken off, without saying what for.
Net allocation
₦6,098,139,173

About ₦1.23 of every ₦100 was taken off before Akoko South East’s share was set.

Among Ondo’s councils

Akoko South East’s 2025 total is the 9th largest of Ondo’s 18 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₦415.5M+12.8% on the month before

What came in

Value added tax (VAT)58.7%
₦245,224,303
Statutory allocation20.6%
₦85,946,816
Exchange rate gain17.1%
₦71,503,616
Electronic transfer levy2.6%
₦10,772,649
Ecological fund1.0%
₦4,057,555
Gross allocation
₦417,504,939

What came off first

Ecology transfer
− ₦2,028,778
Net allocation
₦415,476,162
Februaryfrom January revenue₦434.8M+4.6% on the month before

What came in

Value added tax (VAT)48.4%
₦211,838,399
Statutory allocation40.3%
₦176,112,960
Augmentation8.5%
₦37,285,517
Electronic transfer levy1.6%
₦7,020,468
Ecological fund1.2%
₦5,037,346
Gross allocation
₦437,294,689

What came off first

Ecology transfer
− ₦2,518,673
Net allocation
₦434,776,016
Marchfrom February revenue₦388.9M−10.5% on the month before

What came in

Value added tax (VAT)49.8%
₦195,197,676
Statutory allocation35.6%
₦139,236,872
Augmentation9.1%
₦35,647,342
Electronic transfer levy2.9%
₦11,242,436
Ecological fund1.4%
₦5,394,025
Solid minerals revenue1.3%
₦4,916,604
Gross allocation
₦391,634,954

What came off first

Ecology transfer
− ₦2,697,012
Net allocation
₦388,937,941
Aprilfrom March revenue₦412.8M+6.1% on the month before

What came in

Statutory allocation52.1%
₦216,538,093
Value added tax (VAT)43.4%
₦180,314,075
Electronic transfer levy2.0%
₦8,331,189
Exchange rate gain1.2%
₦5,094,895
Ecological fund1.2%
₦4,971,147
Gross allocation
₦415,249,399

What came off first

Ecology transfer
− ₦2,485,574
Net allocation
₦412,763,826
Mayfrom April revenue₦494.6M+19.8% on the month before

What came in

Value added tax (VAT)48.9%
₦243,383,514
Statutory allocation44.5%
₦221,060,000
Exchange rate gain2.9%
₦14,620,543
Electronic transfer levy2.6%
₦12,885,467
Ecological fund1.1%
₦5,357,536
Gross allocation
₦497,307,061

What came off first

Ecology transfer
− ₦2,678,768
Net allocation
₦494,628,293
Junefrom May revenue₦525.2M+6.2% on the month before

What came in

Value added tax (VAT)56.5%
₦298,008,294
Statutory allocation38.2%
₦201,691,504
Exchange rate gain2.6%
₦13,905,569
Electronic transfer levy1.7%
₦9,116,052
Ecological fund0.9%
₦4,905,109
Gross allocation
₦527,626,528

What came off first

Ecology transfer
− ₦2,452,554
Net allocation
₦525,173,974
Julyfrom June revenue₦419.5M−20.1% on the month before

What came in

Value added tax (VAT)47.1%
₦199,077,910
Statutory allocation42.7%
₦180,366,785
Augmentation4.7%
₦20,026,596
Electronic transfer levy2.3%
₦9,645,340
Exchange rate gain1.7%
₦7,278,909
Ecological fund1.5%
₦6,230,169
Gross allocation
₦422,625,709

What came off first

Ecology transfer
− ₦3,115,084
Net allocation
₦419,510,625
Augustfrom July revenue₦607.7M+44.9% on the month before

What came in

Statutory allocation51.5%
₦314,596,221
Value added tax (VAT)44.1%
₦269,723,625
Electronic transfer levy2.0%
₦12,326,620
Exchange rate gain1.2%
₦7,429,893
Ecological fund1.2%
₦7,223,139
Gross allocation
₦611,299,499

What came off first

Ecology transfer
− ₦3,611,570
Net allocation
₦607,687,929
Septemberfrom August revenue₦547.8M−9.9% on the month before

What came in

Value added tax (VAT)51.0%
₦297,557,033
Statutory allocation44.6%
₦260,201,802
Electronic transfer levy1.8%
₦10,387,062
Ecological fund1.4%
₦8,031,854
Exchange rate gain1.3%
₦7,526,680
Gross allocation
₦583,704,432

What came off first

Other deductions
− ₦31,911,331
Ecology transfer
− ₦4,015,927
Net allocation
₦547,777,174
Octoberfrom September revenue₦662.0M+20.8% on the month before

What came in

Value added tax (VAT)51.8%
₦344,660,452
Statutory allocation44.8%
₦298,126,952
Electronic transfer levy2.4%
₦15,865,709
Ecological fund1.0%
₦6,633,776
Gross allocation
₦665,286,889

What came off first

Ecology transfer
− ₦3,316,888
Net allocation
₦661,970,001
Novemberfrom October revenue₦629.6M−4.9% on the month before

What came in

Statutory allocation52.4%
₦333,495,812
Value added tax (VAT)44.1%
₦280,969,146
Electronic transfer levy2.4%
₦15,137,829
Ecological fund1.2%
₦7,420,787
Gross allocation
₦637,023,574

What came off first

Ecology transfer
− ₦7,420,787
Net allocation
₦629,602,787
Decemberfrom November revenue₦559.8M−11.1% on the month before

What came in

Statutory allocation60.4%
₦342,544,982
Value added tax (VAT)36.1%
₦204,686,221
Electronic transfer levy2.2%
₦12,603,243
Ecological fund1.3%
₦7,622,145
Gross allocation
₦567,456,591

What came off first

Ecology transfer
− ₦7,622,145
Net allocation
₦559,834,446
TotalJan–Dec 2025₦6,098,139,173

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 Akoko South East 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.