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Irewole LGA · Osun State · Federal allocation

Irewole LGA FAAC Allocation 2025

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

Irewole LGA in Osun State received ₦5,479,466,091 (about ₦5.5B) in FAAC federal allocations in 2025. That is about ₦456.6M a month.

Net allocation · Jan–Dec 2025

Full year
₦5.48B

₦5,479,466,091

+38.0% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦561.3M

Lowest · January

₦367.0M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.65B 48.2%

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

Statutory allocation₦2.38B 43.3%

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

Electronic transfer levy₦147.2M 2.7%

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

Exchange rate gain₦137.6M 2.5%

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

Augmentation₦100.4M 1.8%

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

Ecological fund₦78.7M 1.4%

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

Solid minerals revenue₦5.3M 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
₦5,503,464,610
Other deductions
− ₦23,998,519
Amounts the report shows as taken off, without saying what for.
Net allocation
₦5,479,466,091

About ₦0.44 of every ₦100 was taken off before Irewole’s share was set.

Among Osun’s councils

Irewole’s 2025 total is the 9th 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 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₦367.0M−10.6% on the month before

What came in

Value added tax (VAT)55.9%
₦205,212,193
Exchange rate gain21.0%
₦77,233,600
Statutory allocation18.8%
₦68,856,729
Electronic transfer levy3.1%
₦11,364,288
Ecological fund1.2%
₦4,382,710
Gross allocation
₦367,049,520

What came off first

Deductions at source
None recorded
Net allocation
₦367,049,520
Februaryfrom January revenue₦436.0M+18.8% on the month before

What came in

Value added tax (VAT)55.4%
₦241,692,560
Statutory allocation32.4%
₦141,093,794
Augmentation9.2%
₦40,273,414
Electronic transfer levy1.7%
₦7,458,765
Ecological fund1.2%
₦5,441,016
Gross allocation
₦435,959,549

What came off first

Deductions at source
None recorded
Net allocation
₦435,959,549
Marchfrom February revenue₦423.9M−2.8% on the month before

What came in

Value added tax (VAT)49.9%
₦211,528,879
Statutory allocation35.5%
₦150,394,699
Augmentation9.1%
₦38,503,962
Electronic transfer levy2.9%
₦12,357,011
Ecological fund1.4%
₦5,826,278
Solid minerals revenue1.3%
₦5,310,599
Gross allocation
₦423,921,427

What came off first

Deductions at source
None recorded
Net allocation
₦423,921,427
Aprilfrom March revenue₦398.5M−6.0% on the month before

What came in

Value added tax (VAT)51.5%
₦205,275,892
Statutory allocation43.5%
₦173,480,595
Electronic transfer levy2.2%
₦8,900,077
Exchange rate gain1.4%
₦5,503,178
Ecological fund1.3%
₦5,369,513
Gross allocation
₦398,529,255

What came off first

Deductions at source
None recorded
Net allocation
₦398,529,255
Mayfrom April revenue₦415.7M+4.3% on the month before

What came in

Value added tax (VAT)48.9%
₦203,145,111
Statutory allocation42.6%
₦177,103,344
Exchange rate gain3.8%
₦15,792,169
Electronic transfer levy3.3%
₦13,870,325
Ecological fund1.4%
₦5,786,865
Gross allocation
₦415,697,815

What came off first

Deductions at source
None recorded
Net allocation
₦415,697,815
Junefrom May revenue₦429.8M+3.4% on the month before

What came in

Value added tax (VAT)55.4%
₦237,996,578
Statutory allocation37.6%
₦161,586,175
Exchange rate gain3.5%
₦15,019,900
Electronic transfer levy2.3%
₦9,867,136
Ecological fund1.2%
₦5,298,182
Gross allocation
₦429,767,972

What came off first

Deductions at source
None recorded
Net allocation
₦429,767,972
Julyfrom June revenue₦454.7M+5.8% on the month before

What came in

Value added tax (VAT)46.9%
₦213,301,363
Statutory allocation42.8%
₦194,820,581
Augmentation4.8%
₦21,631,439
Electronic transfer levy2.3%
₦10,396,395
Exchange rate gain1.7%
₦7,862,209
Ecological fund1.5%
₦6,729,427
Gross allocation
₦454,741,414

What came off first

Deductions at source
None recorded
Net allocation
₦454,741,414
Augustfrom July revenue₦498.9M+9.7% on the month before

What came in

Statutory allocation50.5%
₦252,040,364
Value added tax (VAT)43.6%
₦217,662,706
Electronic transfer levy2.7%
₦13,349,994
Exchange rate gain1.6%
₦8,025,292
Ecological fund1.6%
₦7,801,970
Gross allocation
₦498,880,326

What came off first

Deductions at source
None recorded
Net allocation
₦498,880,326
Septemberfrom August revenue₦513.2M+2.9% on the month before

What came in

Statutory allocation52.3%
₦281,053,223
Value added tax (VAT)42.4%
₦228,019,576
Electronic transfer levy2.1%
₦11,345,154
Ecological fund1.6%
₦8,675,492
Exchange rate gain1.5%
₦8,129,835
Gross allocation
₦537,223,280

What came off first

Other deductions
− ₦23,998,519
Net allocation
₦513,224,761
Octoberfrom September revenue₦561.3M+9.4% on the month before

What came in

Value added tax (VAT)53.0%
₦297,486,167
Statutory allocation42.6%
₦238,845,925
Electronic transfer levy3.2%
₦17,768,989
Ecological fund1.3%
₦7,165,378
Gross allocation
₦561,266,459

What came off first

Deductions at source
None recorded
Net allocation
₦561,266,459
Novemberfrom October revenue₦518.8M−7.6% on the month before

What came in

Statutory allocation51.5%
₦267,181,867
Value added tax (VAT)43.7%
₦226,902,731
Electronic transfer levy3.2%
₦16,694,745
Ecological fund1.5%
₦8,015,456
Gross allocation
₦518,794,800

What came off first

Deductions at source
None recorded
Net allocation
₦518,794,800
Decemberfrom November revenue₦461.6M−11.0% on the month before

What came in

Statutory allocation59.4%
₦274,431,656
Value added tax (VAT)35.8%
₦165,130,366
Electronic transfer levy3.0%
₦13,837,821
Ecological fund1.8%
₦8,232,950
Gross allocation
₦461,632,793

What came off first

Deductions at source
None recorded
Net allocation
₦461,632,793
TotalJan–Dec 2025₦5,479,466,091

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 Irewole 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.