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Ifedore LGA · Ondo State · Federal allocation

Ifedore LGA FAAC Allocation 2026

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

Ifedore LGA in Ondo State received ₦3,886,088,354 (about ₦3.9B) in FAAC federal allocations between January and July 2026. That is about ₦555.2M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦3.89B

₦3,886,088,354

+26.0% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦701.6M

Lowest · March

₦462.5M

Where the money came from

Share of gross allocation

Statutory allocation₦1.90B 48.1%

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

Value added tax (VAT)₦1.78B 45.0%

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

Augmentation₦183.1M 4.6%

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

Ecological fund₦62.9M 1.6%

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

Electronic transfer levy₦15.0M 0.4%

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

Solid minerals revenue₦13.6M 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
₦3,948,951,120
Ecology transfer
− ₦62,862,766
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦3,886,088,354

About ₦1.59 of every ₦100 was taken off before Ifedore’s share was set.

Among Ondo’s councils

Ifedore’s 2026 total is the 15th 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

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₦533.7M+12.7% on the month before

What came in

Value added tax (VAT)54.1%
₦292,516,148
Statutory allocation41.9%
₦226,229,764
Electronic transfer levy2.8%
₦14,993,040
Ecological fund1.3%
₦6,786,893
Gross allocation
₦540,525,844

What came off first

Ecology transfer
− ₦6,786,893
Net allocation
₦533,738,951
Februaryfrom January revenue₦557.7M+4.5% on the month before

What came in

Value added tax (VAT)62.1%
₦350,235,057
Statutory allocation32.7%
₦184,573,308
Augmentation4.1%
₦22,883,320
Ecological fund1.1%
₦6,223,699
Gross allocation
₦563,915,384

What came off first

Ecology transfer
− ₦6,223,699
Net allocation
₦557,691,685
Marchfrom February revenue₦462.5M−17.1% on the month before

What came in

Statutory allocation56.6%
₦266,352,429
Value added tax (VAT)41.7%
₦196,129,114
Ecological fund1.7%
₦7,990,573
Gross allocation
₦470,472,115

What came off first

Ecology transfer
− ₦7,990,573
Net allocation
₦462,481,542
Aprilfrom March revenue₦499.0M+7.9% on the month before

What came in

Statutory allocation54.0%
₦274,643,056
Value added tax (VAT)32.4%
₦165,055,152
Augmentation9.0%
₦45,766,641
Solid minerals revenue2.7%
₦13,556,954
Ecological fund2.0%
₦10,019,000
Gross allocation
₦509,040,802

What came off first

Ecology transfer
− ₦10,019,000
Net allocation
₦499,021,803
Mayfrom April revenue₦564.3M+13.1% on the month before

What came in

Value added tax (VAT)44.4%
₦254,724,871
Statutory allocation44.0%
₦252,351,639
Augmentation10.0%
₦57,208,301
Ecological fund1.6%
₦9,286,798
Gross allocation
₦573,571,610

What came off first

Ecology transfer
− ₦9,286,798
Net allocation
₦564,284,811
Junefrom May revenue₦567.3M+0.5% on the month before

What came in

Statutory allocation56.4%
₦325,701,404
Value added tax (VAT)41.9%
₦241,580,694
Ecological fund1.7%
₦9,771,042
Gross allocation
₦577,053,140

What came off first

Ecology transfer
− ₦9,771,042
Net allocation
₦567,282,098
Julyfrom June revenue₦701.6M+23.7% on the month before

What came in

Statutory allocation51.6%
₦368,950,415
Value added tax (VAT)38.6%
₦275,428,747
Augmentation8.0%
₦57,208,301
Ecological fund1.8%
₦12,784,761
Gross allocation
₦714,372,224

What came off first

Ecology transfer
− ₦12,784,761
Net allocation
₦701,587,463
TotalJan–Jul 2026₦3,886,088,354

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 Ifedore 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.