Oyo State · Federal allocation
Oyo State FAAC Allocation 2025
What landed each month, where it came from, and what came off first.
Oyo State received ₦213,748,311,294 (about ₦213.7B) in FAAC federal allocations in 2025. That is about ₦17.81B a month.
Net allocation received · Jan–Dec 2025
Full year₦213,748,311,294
+45.3% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦22.73BLowest · January
₦13.68BWhere the money came from
Share of gross allocation
The state’s share of the 7.5% tax paid on goods and services.
The state’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. The statutory allocation includes ₦176.9M in 13% derivation, paid to states that produce oil.
Before the money arrived
- Gross allocation
- ₦248,857,330,815
- External debt repayment
- − ₦20,166,096,423
- Repayments on the state’s foreign loans, taken before the money is paid out.
- Other deductions
- − ₦14,942,923,098
- Amounts the report shows as taken off, without saying what for.
- Net received
- ₦213,748,311,294
About ₦14.11 of every ₦100 was taken off before Oyo was paid.
Local governments got their own
Oyo’s 33 local governments were allocated ₦221.94B in 2025, across 12 months on record.
That money is separate. It is not part of the state’s figure on this page.
See each local government’s shareMonth 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₦13.68B−16.2% on the month before
What came in
- Value added tax (VAT)63.6%
- ₦10,957,972,103
- Exchange rate gain15.9%
- ₦2,745,730,800
- Statutory allocation14.2%
- ₦2,447,924,754
- Electronic transfer levy5.5%
- ₦939,850,073
- Ecological fund0.8%
- ₦143,824,308
- Gross allocation
- ₦17,235,302,038
What came off first
- External debt repayment
- − ₦2,117,344,254
- Other deductions
- − ₦1,433,231,423
- Net received
- ₦13,684,726,361
Februaryfrom January revenue₦16.95B+23.9% on the month before
What came in
- Value added tax (VAT)65.2%
- ₦13,023,044,139
- Statutory allocation25.1%
- ₦5,016,023,804
- Augmentation7.2%
- ₦1,431,759,654
- Electronic transfer levy1.6%
- ₦329,269,863
- Ecological fund0.9%
- ₦178,554,003
- Gross allocation
- ₦19,978,651,464
What came off first
- External debt repayment
- − ₦1,520,931,964
- Other deductions
- − ₦1,504,348,012
- Net received
- ₦16,953,371,488
Marchfrom February revenue₦15.96B−5.9% on the month before
What came in
- Value added tax (VAT)59.0%
- ₦11,200,226,257
- Statutory allocation28.1%
- ₦5,346,680,165
- Augmentation7.2%
- ₦1,368,853,897
- Electronic transfer levy2.8%
- ₦523,085,776
- Solid minerals revenue1.9%
- ₦365,720,676
- Ecological fund1.0%
- ₦191,196,861
- Gross allocation
- ₦18,995,763,632
The statutory allocation includes ₦176,923,640 in 13% derivation.
What came off first
- External debt repayment
- − ₦1,520,931,964
- Other deductions
- − ₦1,513,504,650
- Net received
- ₦15,961,327,018
Aprilfrom March revenue₦15.16B−5.0% on the month before
What came in
- Value added tax (VAT)61.6%
- ₦11,114,084,678
- Statutory allocation34.2%
- ₦6,167,406,591
- Electronic transfer levy2.2%
- ₦388,908,755
- Exchange rate gain1.1%
- ₦195,643,406
- Ecological fund1.0%
- ₦176,207,538
- Gross allocation
- ₦18,042,250,968
What came off first
- External debt repayment
- − ₦1,520,931,964
- Other deductions
- − ₦1,365,442,738
- Net received
- ₦15,155,876,266
Mayfrom April revenue₦15.37B+1.4% on the month before
What came in
- Value added tax (VAT)58.5%
- ₦10,772,446,637
- Statutory allocation34.2%
- ₦6,296,198,908
- Electronic transfer levy3.3%
- ₦606,552,198
- Exchange rate gain3.0%
- ₦561,427,214
- Ecological fund1.0%
- ₦189,903,493
- Gross allocation
- ₦18,426,528,449
What came off first
- Other deductions
- − ₦1,539,799,015
- External debt repayment
- − ₦1,520,931,964
- Net received
- ₦15,365,797,470
Junefrom May revenue₦18.15B+18.1% on the month before
What came in
- Value added tax (VAT)67.3%
- ₦14,180,780,368
- Statutory allocation27.3%
- ₦5,744,548,213
- Exchange rate gain2.5%
- ₦533,972,289
- Electronic transfer levy2.0%
- ₦429,531,708
- Ecological fund0.8%
- ₦173,866,722
- Gross allocation
- ₦21,062,699,300
What came off first
- External debt repayment
- − ₦1,520,931,964
- Other deductions
- − ₦1,387,528,452
- Net received
- ₦18,154,238,884
Julyfrom June revenue₦18.55B+2.2% on the month before
What came in
- Value added tax (VAT)59.4%
- ₦12,650,887,511
- Statutory allocation32.5%
- ₦6,926,064,171
- Augmentation3.6%
- ₦769,019,043
- Electronic transfer levy2.1%
- ₦452,331,589
- Exchange rate gain1.3%
- ₦279,509,292
- Ecological fund1.0%
- ₦220,834,869
- Gross allocation
- ₦21,298,646,475
What came off first
- External debt repayment
- − ₦1,520,931,964
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦18,549,265,856
Augustfrom July revenue₦19.67B+6.0% on the month before
What came in
- Value added tax (VAT)55.6%
- ₦12,598,552,754
- Statutory allocation39.5%
- ₦8,960,284,012
- Electronic transfer levy2.6%
- ₦578,443,904
- Exchange rate gain1.3%
- ₦285,307,058
- Ecological fund1.1%
- ₦256,031,753
- Gross allocation
- ₦22,678,619,482
What came off first
- External debt repayment
- − ₦1,784,632,077
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦19,665,538,750
Septemberfrom August revenue₦20.15B+2.4% on the month before
What came in
- Value added tax (VAT)52.3%
- ₦12,111,440,154
- Statutory allocation43.1%
- ₦9,991,719,823
- Electronic transfer levy2.1%
- ₦481,979,366
- Exchange rate gain1.2%
- ₦289,023,662
- Ecological fund1.2%
- ₦284,697,512
- Gross allocation
- ₦23,158,860,517
What came off first
- External debt repayment
- − ₦1,784,632,077
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦20,145,779,785
Octoberfrom September revenue₦22.73B+12.8% on the month before
What came in
- Value added tax (VAT)61.5%
- ₦15,115,993,092
- Statutory allocation34.6%
- ₦8,491,208,664
- Electronic transfer levy3.0%
- ₦730,836,889
- Ecological fund1.0%
- ₦235,141,163
- Gross allocation
- ₦24,573,179,808
What came off first
- External debt repayment
- − ₦1,784,632,077
- Other deductions
- − ₦56,825,530
- Net received
- ₦22,731,722,201
Novemberfrom October revenue₦20.34B−10.5% on the month before
What came in
- Value added tax (VAT)55.2%
- ₦12,887,063,788
- Statutory allocation40.7%
- ₦9,498,579,414
- Electronic transfer levy3.0%
- ₦703,093,310
- Ecological fund1.1%
- ₦263,037,584
- Gross allocation
- ₦23,351,774,096
What came off first
- External debt repayment
- − ₦1,784,632,077
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦20,338,693,364
Decemberfrom November revenue₦17.04B−16.2% on the month before
What came in
- Statutory allocation48.6%
- ₦9,756,316,560
- Value added tax (VAT)47.1%
- ₦9,447,145,251
- Electronic transfer levy2.9%
- ₦581,417,854
- Ecological fund1.3%
- ₦270,174,920
- Gross allocation
- ₦20,055,054,585
What came off first
- External debt repayment
- − ₦1,784,632,077
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦17,041,973,852
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Oyo State), 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.
Local governments’ allocations are separate and are not in the state’s total. An allocation is income: it does not show how the money was spent.