Owo LGA · Ondo State · Federal allocation
Owo LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Owo LGA in Ondo State received ₦6,837,910,978 (about ₦6.8B) in FAAC federal allocations in 2025. That is about ₦569.8M a month.
Net allocation · Jan–Dec 2025
Full year₦6,837,910,978
+42.7% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦678.7MLowest · January
₦449.7MWhere the money came from
Share of gross allocation
The council’s share of the 7.5% tax paid on goods and services.
The council’s share of the Federation Account: oil and gas income, company taxes and customs duties.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
The ₦50 charged on bank transfers of ₦10,000 or more.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
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
- ₦6,929,109,379
- Ecology transfer
- − ₦62,549,585
- Part of the ecological fund passed on to NDDC or HYPPADEC.
- Other deductions
- − ₦28,648,816
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦6,837,910,978
About ₦1.32 of every ₦100 was taken off before Owo’s share was set.
Among Ondo’s councils
Owo’s 2025 total is the 4th 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 recordOpen 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−11.8% on the month before
What came in
- Value added tax (VAT)53.1%
- ₦240,414,669
- Exchange rate gain22.5%
- ₦101,732,007
- Statutory allocation20.0%
- ₦90,698,003
- Electronic transfer levy3.1%
- ₦13,967,489
- Ecological fund1.3%
- ₦5,772,900
- Gross allocation
- ₦452,585,068
What came off first
- Ecology transfer
- − ₦2,886,450
- Net allocation
- ₦449,698,618
Februaryfrom January revenue₦537.0M+19.4% on the month before
What came in
- Value added tax (VAT)52.8%
- ₦285,415,898
- Statutory allocation34.4%
- ₦185,848,580
- Augmentation9.8%
- ₦53,048,093
- Electronic transfer levy1.7%
- ₦9,123,803
- Ecological fund1.3%
- ₦7,166,900
- Gross allocation
- ₦540,603,275
What came off first
- Ecology transfer
- − ₦3,583,450
- Net allocation
- ₦537,019,825
Marchfrom February revenue₦532.1M−0.9% on the month before
What came in
- Value added tax (VAT)48.1%
- ₦257,581,506
- Statutory allocation37.0%
- ₦198,099,721
- Augmentation9.5%
- ₦50,717,374
- Electronic transfer levy2.8%
- ₦14,842,680
- Ecological fund1.4%
- ₦7,674,366
- Solid minerals revenue1.3%
- ₦6,995,115
- Gross allocation
- ₦535,910,761
What came off first
- Ecology transfer
- − ₦3,837,183
- Net allocation
- ₦532,073,578
Aprilfrom March revenue₦491.3M−7.7% on the month before
What came in
- Value added tax (VAT)48.7%
- ₦241,092,858
- Statutory allocation46.2%
- ₦228,508,437
- Electronic transfer levy2.2%
- ₦10,887,278
- Exchange rate gain1.5%
- ₦7,248,779
- Ecological fund1.4%
- ₦7,072,716
- Gross allocation
- ₦494,810,070
What came off first
- Ecology transfer
- − ₦3,536,358
- Net allocation
- ₦491,273,711
Mayfrom April revenue₦513.4M+4.5% on the month before
What came in
- Value added tax (VAT)46.1%
- ₦238,627,905
- Statutory allocation45.1%
- ₦233,280,318
- Exchange rate gain4.0%
- ₦20,801,427
- Electronic transfer levy3.3%
- ₦16,863,518
- Ecological fund1.5%
- ₦7,622,452
- Gross allocation
- ₦517,195,620
What came off first
- Ecology transfer
- − ₦3,811,226
- Net allocation
- ₦513,384,394
Junefrom May revenue₦540.6M+5.3% on the month before
What came in
- Value added tax (VAT)53.8%
- ₦292,508,125
- Statutory allocation39.1%
- ₦212,841,121
- Exchange rate gain3.6%
- ₦19,784,195
- Electronic transfer levy2.2%
- ₦11,948,154
- Ecological fund1.3%
- ₦6,978,759
- Gross allocation
- ₦544,060,355
What came off first
- Ecology transfer
- − ₦3,489,380
- Net allocation
- ₦540,570,975
Julyfrom June revenue₦576.3M+6.6% on the month before
What came in
- Value added tax (VAT)45.4%
- ₦263,721,754
- Statutory allocation44.2%
- ₦256,617,441
- Augmentation4.9%
- ₦28,492,907
- Electronic transfer levy2.2%
- ₦12,630,734
- Exchange rate gain1.8%
- ₦10,356,092
- Ecological fund1.5%
- ₦8,863,993
- Gross allocation
- ₦580,682,921
What came off first
- Ecology transfer
- − ₦4,431,997
- Net allocation
- ₦576,250,925
Augustfrom July revenue₦628.5M+9.1% on the month before
What came in
- Statutory allocation52.4%
- ₦331,987,273
- Value added tax (VAT)41.8%
- ₦264,629,816
- Electronic transfer levy2.6%
- ₦16,175,682
- Exchange rate gain1.7%
- ₦10,570,905
- Ecological fund1.6%
- ₦10,276,745
- Gross allocation
- ₦633,640,421
What came off first
- Ecology transfer
- − ₦5,138,373
- Net allocation
- ₦628,502,049
Septemberfrom August revenue₦663.9M+5.6% on the month before
What came in
- Statutory allocation53.0%
- ₦370,202,977
- Value added tax (VAT)41.8%
- ₦292,206,447
- Electronic transfer levy2.0%
- ₦13,697,275
- Ecological fund1.6%
- ₦11,427,348
- Exchange rate gain1.5%
- ₦10,708,609
- Gross allocation
- ₦698,242,656
What came off first
- Other deductions
- − ₦28,648,816
- Ecology transfer
- − ₦5,713,674
- Net allocation
- ₦663,880,166
Octoberfrom September revenue₦678.7M+2.2% on the month before
What came in
- Value added tax (VAT)49.5%
- ₦338,199,117
- Statutory allocation46.0%
- ₦314,607,573
- Electronic transfer levy3.1%
- ₦21,156,319
- Ecological fund1.4%
- ₦9,438,227
- Gross allocation
- ₦683,401,236
What came off first
- Ecology transfer
- − ₦4,719,114
- Net allocation
- ₦678,682,122
Novemberfrom October revenue₦647.6M−4.6% on the month before
What came in
- Statutory allocation53.5%
- ₦351,931,643
- Value added tax (VAT)41.9%
- ₦275,639,228
- Electronic transfer levy3.0%
- ₦20,038,062
- Ecological fund1.6%
- ₦10,557,949
- Gross allocation
- ₦658,166,883
What came off first
- Ecology transfer
- − ₦10,557,949
- Net allocation
- ₦647,608,933
Decemberfrom November revenue₦579.0M−10.6% on the month before
What came in
- Statutory allocation61.3%
- ₦361,481,056
- Value added tax (VAT)34.0%
- ₦200,823,073
- Electronic transfer levy2.8%
- ₦16,661,553
- Ecological fund1.8%
- ₦10,844,432
- Gross allocation
- ₦589,810,113
What came off first
- Ecology transfer
- − ₦10,844,432
- Net allocation
- ₦578,965,682
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Owo 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.