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Irele LGA · Ondo State · Federal allocation

Irele LGA FAAC Allocation 2026

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

Irele LGA in Ondo State received ₦4,084,704,573 (about ₦4.1B) in FAAC federal allocations between January and July 2026. That is about ₦583.5M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦4.08B

₦4,084,704,573

+31.4% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦722.1M

Lowest · March

₦483.2M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.06B 49.7%

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

Statutory allocation₦1.82B 44.0%

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

Augmentation₦175.8M 4.2%

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

Ecological fund₦60.4M 1.5%

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

Electronic transfer levy₦14.1M 0.3%

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

Solid minerals revenue₦13.0M 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
₦4,145,063,658
Ecology transfer
− ₦60,359,085
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦4,084,704,573

About ₦1.46 of every ₦100 was taken off before Irele’s share was set.

Among Ondo’s councils

Irele’s 2026 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

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₦588.2M+18.1% on the month before

What came in

Value added tax (VAT)60.0%
₦356,858,822
Statutory allocation36.5%
₦217,219,547
Electronic transfer levy2.4%
₦14,102,209
Ecological fund1.1%
₦6,516,586
Gross allocation
₦594,697,164

What came off first

Ecology transfer
− ₦6,516,586
Net allocation
₦588,180,578
Februaryfrom January revenue₦600.3M+2.1% on the month before

What came in

Value added tax (VAT)66.2%
₦401,071,470
Statutory allocation29.2%
₦177,222,173
Augmentation3.6%
₦21,971,930
Ecological fund1.0%
₦5,975,823
Gross allocation
₦606,241,396

What came off first

Ecology transfer
− ₦5,975,823
Net allocation
₦600,265,573
Marchfrom February revenue₦483.2M−19.5% on the month before

What came in

Statutory allocation52.1%
₦255,744,218
Value added tax (VAT)46.3%
₦227,501,762
Ecological fund1.6%
₦7,672,327
Gross allocation
₦490,918,307

What came off first

Ecology transfer
− ₦7,672,327
Net allocation
₦483,245,980
Aprilfrom March revenue₦511.8M+5.9% on the month before

What came in

Statutory allocation50.6%
₦263,704,649
Value added tax (VAT)36.7%
₦191,171,566
Augmentation8.4%
₦43,943,860
Solid minerals revenue2.5%
₦13,017,011
Ecological fund1.8%
₦9,619,966
Gross allocation
₦521,457,051

What came off first

Ecology transfer
− ₦9,619,966
Net allocation
₦511,837,085
Mayfrom April revenue₦589.8M+15.2% on the month before

What came in

Value added tax (VAT)48.9%
₦292,582,152
Statutory allocation40.5%
₦242,301,048
Augmentation9.2%
₦54,929,825
Ecological fund1.5%
₦8,916,926
Gross allocation
₦598,729,951

What came off first

Ecology transfer
− ₦8,916,926
Net allocation
₦589,813,025
Junefrom May revenue₦589.2M−0.1% on the month before

What came in

Statutory allocation52.2%
₦312,729,459
Value added tax (VAT)46.2%
₦276,483,549
Ecological fund1.6%
₦9,381,884
Gross allocation
₦598,594,891

What came off first

Ecology transfer
− ₦9,381,884
Net allocation
₦589,213,007
Julyfrom June revenue₦722.1M+22.6% on the month before

What came in

Statutory allocation48.2%
₦354,255,960
Value added tax (VAT)42.6%
₦312,963,540
Augmentation7.5%
₦54,929,825
Ecological fund1.7%
₦12,275,574
Gross allocation
₦734,424,898

What came off first

Ecology transfer
− ₦12,275,574
Net allocation
₦722,149,324
TotalJan–Jul 2026₦4,084,704,573

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.