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Ife Central LGA · Osun State · Federal allocation

Ife Central LGA FAAC Allocation 2026

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

Ife Central LGA in Osun State received ₦3,762,873,914 (about ₦3.8B) in FAAC federal allocations between January and July 2026. That is about ₦537.6M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦3.76B

₦3,762,873,914

+24.6% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦655.6M

Lowest · March

₦461.0M

Where the money came from

Share of gross allocation

Statutory allocation₦1.81B 48.1%

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

Value added tax (VAT)₦1.69B 45.0%

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

Augmentation₦174.5M 4.6%

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

Ecological fund₦59.9M 1.6%

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

Electronic transfer levy₦14.1M 0.4%

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

Solid minerals revenue₦12.9M 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
₦3,762,873,914
Deductions at source
None recorded
Net allocation
₦3,762,873,914

Among Osun’s councils

Ife Central’s 2026 total is the 5th largest of Osun’s 30 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₦538.3M+13.7% on the month before

What came in

Value added tax (VAT)56.1%
₦302,114,875
Statutory allocation40.1%
₦215,633,275
Electronic transfer levy2.6%
₦14,064,330
Ecological fund1.2%
₦6,468,998
Gross allocation
₦538,281,478

What came off first

Deductions at source
None recorded
Net allocation
₦538,281,478
Februaryfrom January revenue₦523.2M−2.8% on the month before

What came in

Value added tax (VAT)61.1%
₦319,563,155
Statutory allocation33.6%
₦175,927,987
Augmentation4.2%
₦21,811,477
Ecological fund1.1%
₦5,932,184
Gross allocation
₦523,234,803

What came off first

Deductions at source
None recorded
Net allocation
₦523,234,803
Marchfrom February revenue₦461.0M−11.9% on the month before

What came in

Statutory allocation55.1%
₦253,876,615
Value added tax (VAT)43.3%
₦199,544,798
Ecological fund1.7%
₦7,616,298
Gross allocation
₦461,037,711

What came off first

Deductions at source
None recorded
Net allocation
₦461,037,711
Aprilfrom March revenue₦493.6M+7.1% on the month before

What came in

Statutory allocation53.0%
₦261,778,913
Value added tax (VAT)33.6%
₦165,773,430
Augmentation8.8%
₦43,622,954
Solid minerals revenue2.6%
₦12,921,953
Ecological fund1.9%
₦9,549,715
Gross allocation
₦493,646,965

What came off first

Deductions at source
None recorded
Net allocation
₦493,646,965
Mayfrom April revenue₦553.4M+12.1% on the month before

What came in

Value added tax (VAT)45.1%
₦249,439,932
Statutory allocation43.5%
₦240,531,615
Augmentation9.9%
₦54,528,693
Ecological fund1.6%
₦8,851,809
Gross allocation
₦553,352,050

What came off first

Deductions at source
None recorded
Net allocation
₦553,352,050
Junefrom May revenue₦537.7M−2.8% on the month before

What came in

Statutory allocation57.7%
₦310,445,714
Value added tax (VAT)40.5%
₦217,961,232
Ecological fund1.7%
₦9,313,371
Gross allocation
₦537,720,317

What came off first

Deductions at source
None recorded
Net allocation
₦537,720,317
Julyfrom June revenue₦655.6M+21.9% on the month before

What came in

Statutory allocation53.6%
₦351,668,963
Value added tax (VAT)36.2%
₦237,217,005
Augmentation8.3%
₦54,528,693
Ecological fund1.9%
₦12,185,930
Gross allocation
₦655,600,590

What came off first

Deductions at source
None recorded
Net allocation
₦655,600,590
TotalJan–Jul 2026₦3,762,873,914

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 Ife Central 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.