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Odigbo LGA · Ondo State · Federal allocation

Odigbo LGA FAAC Allocation 2025

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

Odigbo LGA in Ondo State received ₦6,796,169,328 (about ₦6.8B) in FAAC federal allocations in 2025. That is about ₦566.3M a month.

Net allocation · Jan–Dec 2025

Full year
₦6.80B

₦6,796,169,328

+42.0% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦676.7M

Lowest · January

₦449.7M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.27B 47.5%

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

Statutory allocation₦3.02B 43.9%

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

Electronic transfer levy₦181.6M 2.6%

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

Exchange rate gain₦174.8M 2.5%

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

Augmentation₦127.6M 1.9%

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

Ecological fund₦100.0M 1.5%

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

Solid minerals revenue₦6.7M 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
₦6,884,955,912
Ecology transfer
− ₦60,323,561
Part of the ecological fund passed on to NDDC or HYPPADEC.
Other deductions
− ₦28,463,024
Amounts the report shows as taken off, without saying what for.
Net allocation
₦6,796,169,328

About ₦1.29 of every ₦100 was taken off before Odigbo’s share was set.

Among Ondo’s councils

Odigbo’s 2025 total is the 5th 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₦449.7M−11.1% on the month before

What came in

Value added tax (VAT)54.6%
₦247,075,105
Exchange rate gain21.7%
₦98,111,553
Statutory allocation19.3%
₦87,470,228
Electronic transfer levy3.1%
₦14,235,911
Ecological fund1.2%
₦5,567,453
Gross allocation
₦452,460,251

What came off first

Ecology transfer
− ₦2,783,727
Net allocation
₦449,676,524
Februaryfrom January revenue₦534.7M+18.9% on the month before

What came in

Value added tax (VAT)54.2%
₦291,597,681
Statutory allocation33.3%
₦179,234,572
Augmentation9.5%
₦51,160,210
Electronic transfer levy1.7%
₦9,300,520
Ecological fund1.3%
₦6,911,843
Gross allocation
₦538,204,826

What came off first

Ecology transfer
− ₦3,455,922
Net allocation
₦534,748,904
Marchfrom February revenue₦528.4M−1.2% on the month before

What came in

Value added tax (VAT)49.4%
₦262,822,826
Statutory allocation35.9%
₦191,049,718
Augmentation9.2%
₦48,912,436
Electronic transfer levy2.8%
₦15,145,163
Ecological fund1.4%
₦7,401,250
Solid minerals revenue1.3%
₦6,746,171
Gross allocation
₦532,077,564

What came off first

Ecology transfer
− ₦3,700,625
Net allocation
₦528,376,939
Aprilfrom March revenue₦488.1M−7.6% on the month before

What came in

Value added tax (VAT)50.1%
₦246,199,327
Statutory allocation44.8%
₦220,376,244
Electronic transfer levy2.3%
₦11,102,034
Exchange rate gain1.4%
₦6,990,809
Ecological fund1.4%
₦6,821,012
Gross allocation
₦491,489,425

What came off first

Ecology transfer
− ₦3,410,506
Net allocation
₦488,078,919
Mayfrom April revenue₦511.1M+4.7% on the month before

What came in

Value added tax (VAT)47.6%
₦245,213,526
Statutory allocation43.7%
₦224,978,302
Exchange rate gain3.9%
₦20,061,142
Electronic transfer levy3.3%
₦17,197,744
Ecological fund1.4%
₦7,351,183
Gross allocation
₦514,801,897

What came off first

Ecology transfer
− ₦3,675,592
Net allocation
₦511,126,306
Junefrom May revenue₦540.0M+5.7% on the month before

What came in

Value added tax (VAT)55.2%
₦300,124,822
Statutory allocation37.8%
₦205,266,499
Exchange rate gain3.5%
₦19,080,112
Electronic transfer levy2.2%
₦12,186,100
Ecological fund1.2%
₦6,730,398
Gross allocation
₦543,387,930

What came off first

Ecology transfer
− ₦3,365,199
Net allocation
₦540,022,731
Julyfrom June revenue₦571.3M+5.8% on the month before

What came in

Value added tax (VAT)46.8%
₦269,152,955
Statutory allocation43.0%
₦247,484,900
Augmentation4.8%
₦27,478,897
Electronic transfer levy2.2%
₦12,881,559
Exchange rate gain1.7%
₦9,987,538
Ecological fund1.5%
₦8,548,540
Gross allocation
₦575,534,389

What came off first

Ecology transfer
− ₦4,274,270
Net allocation
₦571,260,119
Augustfrom July revenue₦623.5M+9.1% on the month before

What came in

Statutory allocation50.9%
₦320,172,459
Value added tax (VAT)43.2%
₦271,683,781
Electronic transfer levy2.6%
₦16,499,070
Exchange rate gain1.6%
₦10,194,706
Ecological fund1.6%
₦9,911,015
Gross allocation
₦628,461,030

What came off first

Ecology transfer
− ₦4,955,507
Net allocation
₦623,505,523
Septemberfrom August revenue₦658.0M+5.5% on the month before

What came in

Statutory allocation51.6%
₦357,028,136
Value added tax (VAT)43.3%
₦299,616,000
Electronic transfer levy2.0%
₦13,975,391
Ecological fund1.6%
₦11,020,669
Exchange rate gain1.5%
₦10,327,509
Gross allocation
₦691,967,705

What came off first

Other deductions
− ₦28,463,024
Ecology transfer
− ₦5,510,335
Net allocation
₦657,994,347
Octoberfrom September revenue₦676.7M+2.8% on the month before

What came in

Value added tax (VAT)51.0%
₦347,146,847
Statutory allocation44.5%
₦303,411,270
Electronic transfer levy3.2%
₦21,600,822
Ecological fund1.3%
₦9,102,338
Gross allocation
₦681,261,277

What came off first

Ecology transfer
− ₦4,551,169
Net allocation
₦676,710,108
Novemberfrom October revenue₦642.9M−5.0% on the month before

What came in

Statutory allocation52.0%
₦339,407,046
Value added tax (VAT)43.3%
₦283,020,159
Electronic transfer levy3.1%
₦20,449,767
Ecological fund1.6%
₦10,182,211
Gross allocation
₦653,059,182

What came off first

Ecology transfer
− ₦10,182,211
Net allocation
₦642,876,971
Decemberfrom November revenue₦571.8M−11.1% on the month before

What came in

Statutory allocation59.9%
₦348,616,613
Value added tax (VAT)35.4%
₦206,172,805
Electronic transfer levy2.9%
₦17,002,521
Ecological fund1.8%
₦10,458,498
Gross allocation
₦582,250,436

What came off first

Ecology transfer
− ₦10,458,498
Net allocation
₦571,791,938
TotalJan–Dec 2025₦6,796,169,328

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 Odigbo 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.