Ondo State · Federal allocation
Ondo State FAAC Allocation 2026
What landed each month, where it came from, and what came off first.
Ondo State received ₦137,743,869,766 (about ₦137.7B) in FAAC federal allocations between January and July 2026. That is about ₦19.68B a month.
Net allocation received · Jan–Jul 2026
7 months on record₦137,743,869,766
+31.9% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · July
₦24.71BLowest · March
₦16.21BWhere 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.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
The ₦50 charged on bank transfers of ₦10,000 or more.
Before deductions. Percentages may not sum to 100% due to rounding. The statutory allocation includes ₦22.83B in 13% derivation, paid to states that produce oil. Covers 6 of the 7 months on record. April is left out: the imported figures for that month do not add up to its total.
Before the money arrived
- Gross allocation
- ₦146,881,261,679
- Standing payment orders (ISPO)
- − ₦4,509,741,340
- Payments the state committed to in advance, such as contractor or bond repayments.
- External debt repayment
- − ₦2,405,981,519
- Repayments on the state’s foreign loans, taken before the money is paid out.
- Other deductions
- − ₦1,412,426,708
- Amounts the report shows as taken off, without saying what for.
- Ecology transfer
- − ₦809,242,345
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Net received
- ₦137,743,869,766
About ₦6.22 of every ₦100 was taken off before Ondo was paid.
Local governments got their own
Ondo’s 18 local governments were allocated ₦76.74B in 2026, across 7 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
7 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 2025 revenue₦18.31B+5.4% on the month before
What came in
- Value added tax (VAT)48.8%
- ₦9,567,446,377
- Statutory allocation48.0%
- ₦9,408,816,891
- Electronic transfer levy2.3%
- ₦441,858,853
- Ecological fund0.9%
- ₦174,737,495
- Gross allocation
- ₦19,592,859,616
The statutory allocation includes ₦3,098,851,788 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
- − ₦87,368,748
- Net received
- ₦18,308,694,198
Februaryfrom January revenue₦18.98B+3.7% on the month before
What came in
- Value added tax (VAT)57.5%
- ₦11,828,968,559
- Statutory allocation38.6%
- ₦7,953,133,627
- Augmentation3.1%
- ₦638,257,986
- Ecological fund0.8%
- ₦160,237,323
- Gross allocation
- ₦20,580,597,495
The statutory allocation includes ₦2,805,043,849 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦494,921,461
- Other deductions
- − ₦379,665,853
- Ecology transfer
- − ₦80,118,661
- Net received
- ₦18,981,642,756
Marchfrom February revenue₦16.21B−14.6% on the month before
What came in
- Statutory allocation60.5%
- ₦10,625,894,452
- Value added tax (VAT)38.3%
- ₦6,733,972,279
- Ecological fund1.2%
- ₦205,727,821
- Gross allocation
- ₦17,565,594,552
The statutory allocation includes ₦3,196,834,259 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦319,123,103
- Other deductions
- − ₦292,597,928
- Ecology transfer
- − ₦102,863,910
- Net received
- ₦16,206,760,847
Aprilfrom March revenue₦17.71B+9.3% on the month before
The imported figures for April do not add up to its total of ₦17,706,503,309, so only the total is shown. It needs checking against the official report.
What came off first
- Gross allocation
- ₦18,986,011,016
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦319,123,103
- Other deductions
- − ₦187,159,673
- Ecology transfer
- − ₦128,976,168
- Net received
- ₦17,706,503,309
Mayfrom April revenue₦20.79B+17.4% on the month before
What came in
- Statutory allocation52.4%
- ₦11,541,903,271
- Value added tax (VAT)39.2%
- ₦8,636,603,972
- Augmentation7.2%
- ₦1,595,644,966
- Ecological fund1.1%
- ₦239,100,849
- Gross allocation
- ₦22,013,253,057
The statutory allocation includes ₦4,503,350,907 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦319,123,103
- Other deductions
- − ₦142,159,673
- Ecology transfer
- − ₦119,550,425
- Net received
- ₦20,788,171,094
Junefrom May revenue₦21.05B+1.2% on the month before
What came in
- Statutory allocation62.2%
- ₦13,816,419,931
- Value added tax (VAT)36.7%
- ₦8,153,093,329
- Ecological fund1.1%
- ₦251,568,346
- Gross allocation
- ₦22,221,081,606
The statutory allocation includes ₦4,732,007,424 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦319,123,103
- Ecology transfer
- − ₦125,784,173
- Other deductions
- − ₦86,870,107
- Net received
- ₦21,045,055,460
Julyfrom June revenue₦24.71B+17.4% on the month before
What came in
- Statutory allocation57.0%
- ₦14,787,025,478
- Value added tax (VAT)35.5%
- ₦9,210,033,373
- Augmentation6.2%
- ₦1,595,644,966
- Ecological fund1.3%
- ₦329,160,520
- Gross allocation
- ₦25,921,864,337
The statutory allocation includes ₦4,496,318,338 in 13% derivation.
What came off first
- Standing payment orders (ISPO)
- − ₦644,248,763
- External debt repayment
- − ₦319,123,103
- Ecology transfer
- − ₦164,580,260
- Other deductions
- − ₦86,870,107
- Net received
- ₦24,707,042,103
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.