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Ile Oluji/Okeigbo LGA · Ondo State · Federal allocation

Ile Oluji/Okeigbo LGA FAAC Allocation 2026

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

Ile Oluji/Okeigbo LGA in Ondo State received ₦4,000,641,191 (about ₦4.0B) in FAAC federal allocations between January and July 2026. That is about ₦571.5M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦4.00B

₦4,000,641,191

+27.2% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦721.7M

Lowest · March

₦476.3M

Where the money came from

Share of gross allocation

Statutory allocation₦1.96B 48.3%

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

Value added tax (VAT)₦1.82B 44.8%

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

Augmentation₦189.1M 4.7%

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

Ecological fund₦64.9M 1.6%

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

Electronic transfer levy₦14.9M 0.4%

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

Solid minerals revenue₦14.0M 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
₦4,065,591,176
Ecology transfer
− ₦64,949,984
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦4,000,641,191

About ₦1.60 of every ₦100 was taken off before Ile Oluji/Okeigbo’s share was set.

Among Ondo’s councils

Ile Oluji/Okeigbo’s 2026 total is the 13th 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₦551.4M+12.7% on the month before

What came in

Value added tax (VAT)54.2%
₦302,766,323
Statutory allocation41.9%
₦233,741,220
Electronic transfer levy2.7%
₦14,894,211
Ecological fund1.3%
₦7,012,237
Gross allocation
₦558,413,990

What came off first

Ecology transfer
− ₦7,012,237
Net allocation
₦551,401,754
Februaryfrom January revenue₦572.7M+3.9% on the month before

What came in

Value added tax (VAT)61.9%
₦358,333,603
Statutory allocation32.9%
₦190,701,655
Augmentation4.1%
₦23,643,110
Ecological fund1.1%
₦6,430,343
Gross allocation
₦579,108,711

What came off first

Ecology transfer
− ₦6,430,343
Net allocation
₦572,678,368
Marchfrom February revenue₦476.3M−16.8% on the month before

What came in

Statutory allocation56.8%
₦275,196,069
Value added tax (VAT)41.5%
₦201,126,965
Ecological fund1.7%
₦8,255,882
Gross allocation
₦484,578,916

What came off first

Ecology transfer
− ₦8,255,882
Net allocation
₦476,323,034
Aprilfrom March revenue₦514.3M+8.0% on the month before

What came in

Statutory allocation54.1%
₦283,761,968
Value added tax (VAT)32.3%
₦169,215,654
Augmentation9.0%
₦47,286,220
Solid minerals revenue2.7%
₦14,007,082
Ecological fund2.0%
₦10,351,658
Gross allocation
₦524,622,583

What came off first

Ecology transfer
− ₦10,351,658
Net allocation
₦514,270,925
Mayfrom April revenue₦580.6M+12.9% on the month before

What came in

Value added tax (VAT)44.2%
₦260,755,763
Statutory allocation44.2%
₦260,730,414
Augmentation10.0%
₦59,107,776
Ecological fund1.6%
₦9,595,146
Gross allocation
₦590,189,099

What came off first

Ecology transfer
− ₦9,595,146
Net allocation
₦580,593,953
Junefrom May revenue₦583.7M+0.5% on the month before

What came in

Statutory allocation56.7%
₦336,515,595
Value added tax (VAT)41.6%
₦247,140,929
Ecological fund1.7%
₦10,095,468
Gross allocation
₦593,751,992

What came off first

Ecology transfer
− ₦10,095,468
Net allocation
₦583,656,524
Julyfrom June revenue₦721.7M+23.7% on the month before

What came in

Statutory allocation51.9%
₦381,200,593
Value added tax (VAT)38.3%
₦281,408,265
Augmentation8.0%
₦59,107,776
Ecological fund1.8%
₦13,209,251
Gross allocation
₦734,925,885

What came off first

Ecology transfer
− ₦13,209,251
Net allocation
₦721,716,634
TotalJan–Jul 2026₦4,000,641,191

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 Ile Oluji/Okeigbo 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.