Ife North LGA · Osun State · Federal allocation
Ife North LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Ife North LGA in Osun State received ₦5,772,657,220 (about ₦5.8B) in FAAC federal allocations in 2025. That is about ₦481.1M a month.
Net allocation · Jan–Dec 2025
Full year₦5,772,657,220
+39.1% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦589.0MLowest · January
₦384.9MWhere 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.
The ₦50 charged on bank transfers of ₦10,000 or more.
Extra naira earned when dollar revenue is converted at a higher rate than planned.
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
- ₦5,798,449,067
- Other deductions
- − ₦25,791,848
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦5,772,657,220
About ₦0.44 of every ₦100 was taken off before Ife North’s share was set.
Among Osun’s councils
Ife North’s 2025 total is the 4th 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
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₦384.9M−11.1% on the month before
What came in
- Value added tax (VAT)54.5%
- ₦209,792,690
- Exchange rate gain21.8%
- ₦83,899,681
- Statutory allocation19.4%
- ₦74,799,797
- Electronic transfer levy3.0%
- ₦11,600,635
- Ecological fund1.2%
- ₦4,760,984
- Gross allocation
- ₦384,853,787
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦384,853,787
Februaryfrom January revenue₦457.7M+18.9% on the month before
What came in
- Value added tax (VAT)54.0%
- ₦247,135,656
- Statutory allocation33.5%
- ₦153,271,689
- Augmentation9.6%
- ₦43,749,438
- Electronic transfer levy1.7%
- ₦7,614,365
- Ecological fund1.3%
- ₦5,910,634
- Gross allocation
- ₦457,681,782
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦457,681,782
Marchfrom February revenue₦446.1M−2.5% on the month before
What came in
- Value added tax (VAT)48.5%
- ₦216,143,893
- Statutory allocation36.6%
- ₦163,375,361
- Augmentation9.4%
- ₦41,827,263
- Electronic transfer levy2.8%
- ₦12,623,349
- Ecological fund1.4%
- ₦6,329,148
- Solid minerals revenue1.3%
- ₦5,768,960
- Gross allocation
- ₦446,067,974
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦446,067,974
Aprilfrom March revenue₦419.1M−6.0% on the month before
What came in
- Value added tax (VAT)50.0%
- ₦209,772,168
- Statutory allocation45.0%
- ₦188,453,816
- Electronic transfer levy2.2%
- ₦9,089,171
- Exchange rate gain1.4%
- ₦5,978,161
- Ecological fund1.4%
- ₦5,832,959
- Gross allocation
- ₦419,126,274
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦419,126,274
Mayfrom April revenue₦437.7M+4.4% on the month before
What came in
- Value added tax (VAT)47.4%
- ₦207,674,156
- Statutory allocation44.0%
- ₦192,389,247
- Exchange rate gain3.9%
- ₦17,155,201
- Electronic transfer levy3.2%
- ₦14,164,612
- Ecological fund1.4%
- ₦6,286,333
- Gross allocation
- ₦437,669,550
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦437,669,550
Junefrom May revenue₦450.9M+3.0% on the month before
What came in
- Value added tax (VAT)53.9%
- ₦243,234,711
- Statutory allocation38.9%
- ₦175,532,781
- Exchange rate gain3.6%
- ₦16,316,277
- Electronic transfer levy2.2%
- ₦10,076,649
- Ecological fund1.3%
- ₦5,755,472
- Gross allocation
- ₦450,915,890
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦450,915,890
Julyfrom June revenue₦479.7M+6.4% on the month before
What came in
- Value added tax (VAT)45.5%
- ₦218,083,567
- Statutory allocation44.1%
- ₦211,635,670
- Augmentation4.9%
- ₦23,498,463
- Electronic transfer levy2.2%
- ₦10,617,248
- Exchange rate gain1.8%
- ₦8,540,801
- Ecological fund1.5%
- ₦7,310,248
- Gross allocation
- ₦479,685,996
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦479,685,996
Augustfrom July revenue₦527.1M+9.9% on the month before
What came in
- Statutory allocation51.9%
- ₦273,794,129
- Value added tax (VAT)42.2%
- ₦222,513,839
- Electronic transfer levy2.6%
- ₦13,634,738
- Exchange rate gain1.7%
- ₦8,717,960
- Ecological fund1.6%
- ₦8,475,363
- Gross allocation
- ₦527,136,029
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦527,136,029
Septemberfrom August revenue₦542.5M+2.9% on the month before
What came in
- Statutory allocation53.7%
- ₦305,311,106
- Value added tax (VAT)41.0%
- ₦233,115,253
- Electronic transfer levy2.0%
- ₦11,590,036
- Ecological fund1.7%
- ₦9,424,279
- Exchange rate gain1.6%
- ₦8,831,526
- Gross allocation
- ₦568,272,200
What came off first
- Other deductions
- − ₦25,791,848
- Net allocation
- ₦542,480,353
Octoberfrom September revenue₦589.0M+8.6% on the month before
What came in
- Value added tax (VAT)51.5%
- ₦303,639,675
- Statutory allocation44.0%
- ₦259,460,869
- Electronic transfer levy3.1%
- ₦18,160,377
- Ecological fund1.3%
- ₦7,783,826
- Gross allocation
- ₦589,044,747
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦589,044,747
Novemberfrom October revenue₦548.0M−7.0% on the month before
What came in
- Statutory allocation53.0%
- ₦290,242,505
- Value added tax (VAT)42.3%
- ₦231,978,724
- Electronic transfer levy3.1%
- ₦17,057,254
- Ecological fund1.6%
- ₦8,707,275
- Gross allocation
- ₦547,985,758
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦547,985,758
Decemberfrom November revenue₦490.0M−10.6% on the month before
What came in
- Statutory allocation60.8%
- ₦298,118,027
- Value added tax (VAT)34.5%
- ₦168,809,468
- Electronic transfer levy2.9%
- ₦14,138,046
- Ecological fund1.8%
- ₦8,943,541
- Gross allocation
- ₦490,009,082
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦490,009,082
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Ife North 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.