Ondo State · Federal allocation
Ondo State FAAC Allocation 2025
What landed each month, where it came from, and what came off first.
Ondo State received ₦198,420,925,367 (about ₦198.4B) in FAAC federal allocations in 2025. That is about ₦16.54B a month.
Net allocation received · Jan–Dec 2025
Full year₦198,420,925,367
+40.2% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · September
₦20.06BLowest · January
₦12.61BWhere the money came from
Share of gross allocation
The state’s share of the Federation Account: oil and gas income, company taxes and customs duties.
The state’s share of the 7.5% tax paid on goods and services.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
The ₦50 charged on bank transfers of ₦10,000 or more.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
Income from mining, shared in the months it is distributed.
Before deductions. Percentages may not sum to 100% due to rounding. The statutory allocation includes ₦35.42B in 13% derivation, paid to states that produce oil.
Before the money arrived
- Gross allocation
- ₦214,351,960,865
- Standing payment orders (ISPO)
- − ₦7,730,985,155
- Payments the state committed to in advance, such as contractor or bond repayments.
- External debt repayment
- − ₦5,260,688,295
- Repayments on the state’s foreign loans, taken before the money is paid out.
- Other deductions
- − ₦1,867,268,425
- Amounts the report shows as taken off, without saying what for.
- Ecology transfer
- − ₦1,072,093,622
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Net received
- ₦198,420,925,367
About ₦7.43 of every ₦100 was taken off before Ondo was paid.
Local governments got their own
Ondo’s 18 local governments were allocated ₦112.52B in 2025, across 12 months on record.
That money is separate. It is not part of the state’s figure on this page.
See each local government’s shareMonth by month
12 months on recordOpen a month to see what came in and what was deducted. The percentage is the change on the month before.
Januaryfrom December 2024 revenue₦12.61B−18.8% on the month before
What came in
- Value added tax (VAT)46.5%
- ₦6,569,609,528
- Exchange rate gain25.2%
- ₦3,561,042,521
- Statutory allocation24.7%
- ₦3,491,523,566
- Electronic transfer levy2.7%
- ₦381,192,652
- Ecological fund0.8%
- ₦119,368,972
- Gross allocation
- ₦14,122,737,240
The statutory allocation includes ₦1,459,834,574 in 13% derivation.
What came off first
- External debt repayment
- − ₦651,616,896
- Standing payment orders (ISPO)
- − ₦644,248,763
- Other deductions
- − ₦156,551,722
- Ecology transfer
- − ₦59,684,486
- Net received
- ₦12,610,635,373
Februaryfrom January revenue₦15.44B+22.5% on the month before
What came in
- Value added tax (VAT)46.2%
- ₦7,799,864,516
- Statutory allocation39.6%
- ₦6,685,538,639
- Augmentation11.8%
- ₦1,985,282,242
- Electronic transfer levy1.5%
- ₦248,839,237
- Ecological fund0.9%
- ₦148,193,364
- Gross allocation
- ₦16,867,717,997
The statutory allocation includes ₦796,973,523 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦505,308,116
- Other deductions
- − ₦202,156,460
- Ecology transfer
- − ₦74,096,682
- Net received
- ₦15,441,907,976
Marchfrom February revenue₦14.77B−4.3% on the month before
What came in
- Statutory allocation44.5%
- ₦7,216,700,519
- Value added tax (VAT)43.3%
- ₦7,025,922,455
- Augmentation7.0%
- ₦1,136,099,216
- Electronic transfer levy2.5%
- ₦404,739,140
- Solid minerals revenue1.6%
- ₦267,165,620
- Ecological fund1.0%
- ₦158,686,478
- Gross allocation
- ₦16,209,313,427
The statutory allocation includes ₦110,470,910 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦505,308,116
- Other deductions
- − ₦209,756,138
- Ecology transfer
- − ₦79,343,239
- Net received
- ₦14,770,657,171
Aprilfrom March revenue₦14.44B−2.3% on the month before
What came in
- Statutory allocation53.8%
- ₦8,500,687,369
- Value added tax (VAT)41.8%
- ₦6,595,443,432
- Electronic transfer levy1.9%
- ₦296,819,608
- Exchange rate gain1.6%
- ₦250,913,553
- Ecological fund0.9%
- ₦146,245,883
- Gross allocation
- ₦15,790,109,844
The statutory allocation includes ₦3,381,963,006 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦505,308,116
- Other deductions
- − ₦131,870,107
- Ecology transfer
- − ₦73,122,941
- Net received
- ₦14,435,559,917
Mayfrom April revenue₦15.47B+7.2% on the month before
What came in
- Statutory allocation53.7%
- ₦9,090,411,637
- Value added tax (VAT)38.5%
- ₦6,519,439,964
- Exchange rate gain4.1%
- ₦700,577,914
- Electronic transfer levy2.7%
- ₦459,889,662
- Ecological fund0.9%
- ₦157,613,029
- Gross allocation
- ₦16,927,932,206
The statutory allocation includes ₦3,864,794,310 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦505,308,116
- Other deductions
- − ₦231,579,510
- Ecology transfer
- − ₦78,806,515
- Net received
- ₦15,467,989,303
Junefrom May revenue₦15.38B−0.5% on the month before
What came in
- Value added tax (VAT)47.5%
- ₦7,992,874,176
- Statutory allocation45.9%
- ₦7,726,703,835
- Exchange rate gain3.8%
- ₦634,825,888
- Electronic transfer levy1.9%
- ₦325,818,063
- Ecological fund0.9%
- ₦144,303,089
- Gross allocation
- ₦16,824,525,051
The statutory allocation includes ₦2,958,936,628 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦505,308,116
- Other deductions
- − ₦218,900,584
- Ecology transfer
- − ₦72,151,545
- Net received
- ₦15,383,916,044
Julyfrom June revenue₦16.35B+6.3% on the month before
What came in
- Statutory allocation51.0%
- ₦9,043,522,814
- Value added tax (VAT)40.7%
- ₦7,203,063,034
- Augmentation3.6%
- ₦638,257,986
- Electronic transfer levy1.9%
- ₦344,360,601
- Exchange rate gain1.7%
- ₦307,089,388
- Ecological fund1.0%
- ₦183,284,953
- Gross allocation
- ₦17,719,578,776
The statutory allocation includes ₦3,295,140,104 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦505,308,116
- Other deductions
- − ₦131,870,107
- Ecology transfer
- − ₦91,642,476
- Net received
- ₦16,346,509,313
Augustfrom July revenue₦17.80B+8.9% on the month before
What came in
- Statutory allocation56.7%
- ₦10,747,192,030
- Value added tax (VAT)38.2%
- ₦7,231,315,427
- Electronic transfer levy2.3%
- ₦441,099,663
- Exchange rate gain1.7%
- ₦318,101,492
- Ecological fund1.1%
- ₦212,497,093
- Gross allocation
- ₦18,950,205,705
The statutory allocation includes ₦3,310,480,440 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦315,444,541
- Ecology transfer
- − ₦106,248,546
- Other deductions
- − ₦86,870,107
- Net received
- ₦17,797,393,747
Septemberfrom August revenue₦20.06B+12.7% on the month before
What came in
- Statutory allocation58.0%
- ₦12,301,915,802
- Value added tax (VAT)37.6%
- ₦7,985,926,835
- Electronic transfer levy1.8%
- ₦373,471,811
- Exchange rate gain1.5%
- ₦324,027,379
- Ecological fund1.1%
- ₦236,288,636
- Gross allocation
- ₦21,221,630,464
The statutory allocation includes ₦4,009,149,801 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦315,444,541
- Ecology transfer
- − ₦118,144,318
- Other deductions
- − ₦86,870,107
- Net received
- ₦20,056,922,735
Octoberfrom September revenue₦19.49B−2.8% on the month before
What came in
- Statutory allocation51.9%
- ₦10,785,637,673
- Value added tax (VAT)44.4%
- ₦9,228,513,177
- Electronic transfer levy2.8%
- ₦577,158,993
- Ecological fund0.9%
- ₦195,158,659
- Gross allocation
- ₦20,786,468,502
The statutory allocation includes ₦3,738,241,654 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦315,444,541
- Other deductions
- − ₦237,103,367
- Ecology transfer
- − ₦97,579,330
- Net received
- ₦19,492,092,501
Novemberfrom October revenue₦19.25B−1.2% on the month before
What came in
- Statutory allocation59.4%
- ₦12,111,872,689
- Value added tax (VAT)36.9%
- ₦7,530,531,112
- Electronic transfer levy2.7%
- ₦546,410,302
- Ecological fund1.1%
- ₦218,311,679
- Gross allocation
- ₦20,407,125,783
The statutory allocation includes ₦4,228,395,389 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦315,444,541
- Ecology transfer
- − ₦109,155,840
- Other deductions
- − ₦86,870,107
- Net received
- ₦19,251,406,532
Decemberfrom November revenue₦17.37B−9.8% on the month before
What came in
- Statutory allocation66.7%
- ₦12,358,072,461
- Value added tax (VAT)29.6%
- ₦5,487,983,778
- Electronic transfer levy2.5%
- ₦454,324,220
- Ecological fund1.2%
- ₦224,235,410
- Gross allocation
- ₦18,524,615,870
The statutory allocation includes ₦4,260,682,654 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦315,444,541
- Ecology transfer
- − ₦112,117,705
- Other deductions
- − ₦86,870,107
- Net received
- ₦17,365,934,754
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Ondo State), 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.
Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.