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Isokan LGA · Osun State · Federal allocation

Isokan LGA FAAC Allocation 2025

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

Isokan LGA in Osun State received ₦4,982,467,029 (about ₦5.0B) in FAAC federal allocations in 2025. That is about ₦415.2M a month.

Net allocation · Jan–Dec 2025

Full year
₦4.98B

₦4,982,467,029

+37.6% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦512.3M

Lowest · January

₦333.9M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦2.42B 48.3%

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

Statutory allocation₦2.16B 43.2%

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

Electronic transfer levy₦134.6M 2.7%

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

Exchange rate gain₦124.9M 2.5%

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

Augmentation₦91.1M 1.8%

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

Ecological fund₦71.5M 1.4%

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

Solid minerals revenue₦4.8M 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
₦5,006,856,179
Other deductions
− ₦24,389,150
Amounts the report shows as taken off, without saying what for.
Net allocation
₦4,982,467,029

About ₦0.49 of every ₦100 was taken off before Isokan’s share was set.

Among Osun’s councils

Isokan’s 2025 total is the 18th 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₦333.9M−10.5% on the month before

What came in

Value added tax (VAT)56.0%
₦186,871,151
Exchange rate gain21.0%
₦70,102,302
Statutory allocation18.7%
₦62,498,902
Electronic transfer levy3.1%
₦10,417,916
Ecological fund1.2%
₦3,978,036
Gross allocation
₦333,868,307

What came off first

Deductions at source
None recorded
Net allocation
₦333,868,307
Februaryfrom January revenue₦396.3M+18.7% on the month before

What came in

Value added tax (VAT)55.5%
₦219,897,531
Statutory allocation32.3%
₦128,066,019
Augmentation9.2%
₦36,554,802
Electronic transfer levy1.7%
₦6,835,718
Ecological fund1.2%
₦4,938,625
Gross allocation
₦396,292,695

What came off first

Deductions at source
None recorded
Net allocation
₦396,292,695
Marchfrom February revenue₦385.9M−2.6% on the month before

What came in

Value added tax (VAT)50.0%
₦193,049,624
Statutory allocation35.4%
₦136,508,133
Augmentation9.1%
₦34,948,732
Electronic transfer levy2.9%
₦11,290,551
Ecological fund1.4%
₦5,288,313
Solid minerals revenue1.2%
₦4,820,249
Gross allocation
₦385,905,602

What came off first

Deductions at source
None recorded
Net allocation
₦385,905,602
Aprilfrom March revenue₦362.7M−6.0% on the month before

What came in

Value added tax (VAT)51.6%
₦187,272,081
Statutory allocation43.4%
₦157,462,413
Electronic transfer levy2.2%
₦8,142,916
Exchange rate gain1.4%
₦4,995,047
Ecological fund1.3%
₦4,873,724
Gross allocation
₦362,746,180

What came off first

Deductions at source
None recorded
Net allocation
₦362,746,180
Mayfrom April revenue₦378.0M+4.2% on the month before

What came in

Value added tax (VAT)48.9%
₦185,010,089
Statutory allocation42.5%
₦160,750,659
Exchange rate gain3.8%
₦14,334,013
Electronic transfer levy3.4%
₦12,691,952
Ecological fund1.4%
₦5,252,540
Gross allocation
₦378,039,252

What came off first

Deductions at source
None recorded
Net allocation
₦378,039,252
Junefrom May revenue₦391.2M+3.5% on the month before

What came in

Value added tax (VAT)55.5%
₦217,022,255
Statutory allocation37.5%
₦146,666,254
Exchange rate gain3.5%
₦13,633,050
Electronic transfer levy2.3%
₦9,028,215
Ecological fund1.2%
₦4,808,979
Gross allocation
₦391,158,753

What came off first

Deductions at source
None recorded
Net allocation
₦391,158,753
Julyfrom June revenue₦413.4M+5.7% on the month before

What came in

Value added tax (VAT)47.0%
₦194,152,649
Statutory allocation42.8%
₦176,831,989
Augmentation4.7%
₦19,634,119
Electronic transfer levy2.3%
₦9,512,066
Exchange rate gain1.7%
₦7,136,258
Ecological fund1.5%
₦6,108,071
Gross allocation
₦413,375,152

What came off first

Deductions at source
None recorded
Net allocation
₦413,375,152
Augustfrom July revenue₦453.6M+9.7% on the month before

What came in

Statutory allocation50.4%
₦228,768,433
Value added tax (VAT)43.7%
₦198,237,993
Electronic transfer levy2.7%
₦12,209,830
Exchange rate gain1.6%
₦7,284,283
Ecological fund1.6%
₦7,081,581
Gross allocation
₦453,582,120

What came off first

Deductions at source
None recorded
Net allocation
₦453,582,120
Septemberfrom August revenue₦463.9M+2.3% on the month before

What came in

Statutory allocation52.2%
₦255,102,414
Value added tax (VAT)42.5%
₦207,615,670
Electronic transfer levy2.1%
₦10,364,607
Ecological fund1.6%
₦7,874,448
Exchange rate gain1.5%
₦7,379,173
Gross allocation
₦488,336,313

What came off first

Other deductions
− ₦24,389,150
Net allocation
₦463,947,163
Octoberfrom September revenue₦512.3M+10.4% on the month before

What came in

Value added tax (VAT)53.3%
₦272,846,536
Statutory allocation42.3%
₦216,792,291
Electronic transfer levy3.2%
₦16,201,812
Ecological fund1.3%
₦6,503,769
Gross allocation
₦512,344,407

What came off first

Deductions at source
None recorded
Net allocation
₦512,344,407
Novemberfrom October revenue₦471.6M−8.0% on the month before

What came in

Statutory allocation51.4%
₦242,511,858
Value added tax (VAT)43.8%
₦206,577,642
Electronic transfer levy3.2%
₦15,243,205
Ecological fund1.5%
₦7,275,356
Gross allocation
₦471,608,061

What came off first

Deductions at source
None recorded
Net allocation
₦471,608,061
Decemberfrom November revenue₦419.6M−11.0% on the month before

What came in

Statutory allocation59.4%
₦249,092,244
Value added tax (VAT)35.8%
₦150,398,651
Electronic transfer levy3.0%
₦12,635,674
Ecological fund1.8%
₦7,472,767
Gross allocation
₦419,599,336

What came off first

Deductions at source
None recorded
Net allocation
₦419,599,336
TotalJan–Dec 2025₦4,982,467,029

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 Isokan 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.