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Irele LGA · Ondo State · Federal allocation

Irele LGA FAAC Allocation 2025

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

Irele LGA in Ondo State received ₦5,917,610,453 (about ₦5.9B) in FAAC federal allocations in 2025. That is about ₦493.1M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.92B

₦5,917,610,453

+51.7% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦609.7M

Lowest · April

₦402.3M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.09B 51.6%

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

Statutory allocation₦2.42B 40.3%

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

Electronic transfer levy₦154.9M 2.6%

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

Exchange rate gain₦139.7M 2.3%

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

Augmentation₦102.0M 1.7%

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

Ecological fund₦80.0M 1.3%

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

Solid minerals revenue₦5.4M 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
₦5,994,567,876
Ecology transfer
− ₦48,234,289
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦28,723,133
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,917,610,453

About ₦1.28 of every ₦100 was taken off before Irele’s share was set.

Among Ondo’s councils

Irele’s 2025 total is the 10th 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₦408.5M−1.6% on the month before

What came in

Value added tax (VAT)59.8%
₦245,616,788
Exchange rate gain19.1%
₦78,449,299
Statutory allocation17.0%
₦69,940,571
Electronic transfer levy3.0%
₦12,241,535
Ecological fund1.1%
₦4,451,696
Gross allocation
₦410,699,889

What came off first

Ecology transfer
− ₦2,225,848
Net allocation
₦408,474,041
Februaryfrom January revenue₦440.6M+7.9% on the month before

What came in

Value added tax (VAT)55.4%
₦245,667,010
Statutory allocation32.3%
₦143,314,687
Augmentation9.2%
₦40,907,339
Electronic transfer levy1.8%
₦7,987,515
Ecological fund1.2%
₦5,526,661
Gross allocation
₦443,403,212

What came off first

Ecology transfer
− ₦2,763,330
Net allocation
₦440,639,881
Marchfrom February revenue₦437.0M−0.8% on the month before

What came in

Value added tax (VAT)50.9%
₦223,879,791
Statutory allocation34.7%
₦152,761,993
Augmentation8.9%
₦39,110,035
Electronic transfer levy2.9%
₦12,897,714
Ecological fund1.3%
₦5,917,987
Solid minerals revenue1.2%
₦5,394,191
Gross allocation
₦439,961,711

What came off first

Ecology transfer
− ₦2,958,993
Net allocation
₦437,002,718
Aprilfrom March revenue₦402.3M−7.9% on the month before

What came in

Value added tax (VAT)51.4%
₦208,258,241
Statutory allocation43.5%
₦176,211,274
Electronic transfer levy2.3%
₦9,506,398
Exchange rate gain1.4%
₦5,589,801
Ecological fund1.3%
₦5,454,032
Gross allocation
₦405,019,746

What came off first

Ecology transfer
− ₦2,727,016
Net allocation
₦402,292,730
Mayfrom April revenue₦457.4M+13.7% on the month before

What came in

Value added tax (VAT)53.0%
₦243,771,589
Statutory allocation39.1%
₦179,891,047
Exchange rate gain3.5%
₦16,040,746
Electronic transfer levy3.2%
₦14,714,450
Ecological fund1.3%
₦5,877,954
Gross allocation
₦460,295,786

What came off first

Ecology transfer
− ₦2,938,977
Net allocation
₦457,356,809
Junefrom May revenue₦491.0M+7.3% on the month before

What came in

Value added tax (VAT)60.5%
₦298,457,129
Statutory allocation33.2%
₦164,129,629
Exchange rate gain3.1%
₦15,256,321
Electronic transfer levy2.1%
₦10,418,163
Ecological fund1.1%
₦5,381,579
Gross allocation
₦493,642,821

What came off first

Ecology transfer
− ₦2,690,789
Net allocation
₦490,952,032
Julyfrom June revenue₦471.1M−4.0% on the month before

What came in

Value added tax (VAT)48.2%
₦228,799,109
Statutory allocation41.7%
₦197,887,162
Augmentation4.6%
₦21,971,930
Electronic transfer levy2.3%
₦11,017,930
Exchange rate gain1.7%
₦7,985,964
Ecological fund1.4%
₦6,835,352
Gross allocation
₦474,497,447

What came off first

Ecology transfer
− ₦3,417,676
Net allocation
₦471,079,771
Augustfrom July revenue₦552.4M+17.3% on the month before

What came in

Value added tax (VAT)48.6%
₦270,139,299
Statutory allocation46.0%
₦256,007,616
Electronic transfer levy2.5%
₦14,096,297
Exchange rate gain1.5%
₦8,151,614
Ecological fund1.4%
₦7,924,777
Gross allocation
₦556,319,604

What came off first

Ecology transfer
− ₦3,962,388
Net allocation
₦552,357,215
Septemberfrom August revenue₦579.3M+4.9% on the month before

What came in

Value added tax (VAT)48.7%
₦297,993,661
Statutory allocation46.6%
₦285,477,153
Electronic transfer levy1.9%
₦11,908,994
Ecological fund1.4%
₦8,812,049
Exchange rate gain1.3%
₦8,257,803
Gross allocation
₦612,449,660

What came off first

Other deductions
− ₦28,723,133
Ecology transfer
− ₦4,406,024
Net allocation
₦579,320,502
Octoberfrom September revenue₦609.7M+5.2% on the month before

What came in

Value added tax (VAT)56.3%
₦345,187,721
Statutory allocation39.6%
₦242,605,489
Electronic transfer levy3.0%
₦18,298,164
Ecological fund1.2%
₦7,278,165
Gross allocation
₦613,369,539

What came off first

Ecology transfer
− ₦3,639,082
Net allocation
₦609,730,457
Novemberfrom October revenue₦570.2M−6.5% on the month before

What came in

Value added tax (VAT)48.7%
₦281,404,087
Statutory allocation46.9%
₦271,387,455
Electronic transfer levy3.0%
₦17,390,802
Ecological fund1.4%
₦8,141,624
Gross allocation
₦578,323,967

What came off first

Ecology transfer
− ₦8,141,624
Net allocation
₦570,182,344
Decemberfrom November revenue₦498.2M−12.6% on the month before

What came in

Statutory allocation55.0%
₦278,751,359
Value added tax (VAT)40.5%
₦205,001,469
Electronic transfer levy2.9%
₦14,469,125
Ecological fund1.7%
₦8,362,541
Gross allocation
₦506,584,494

What came off first

Ecology transfer
− ₦8,362,541
Net allocation
₦498,221,953
TotalJan–Dec 2025₦5,917,610,453

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 Irele 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.