Oyo State · Federal allocation
Oyo State FAAC Allocation 2026
What landed each month, where it came from, and what came off first.
Oyo State received ₦168,491,677,701 (about ₦168.5B) in FAAC federal allocations between January and July 2026. That is about ₦24.07B a month.
Net allocation received · Jan–Jul 2026
7 months on record₦168,491,677,701
+48.0% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · July
₦29.39BLowest · March
₦19.28BWhere 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.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
The ₦50 charged on bank transfers of ₦10,000 or more.
Before deductions. Percentages may not sum to 100% due to rounding. Covers 6 of the 7 months on record. April is left out: the imported figures for that month do not add up to its total.
Before the money arrived
- Gross allocation
- ₦187,626,542,785
- External debt repayment
- − ₦10,116,079,331
- Repayments on the state’s foreign loans, taken before the money is paid out.
- Other deductions
- − ₦9,018,785,753
- Amounts the report shows as taken off, without saying what for.
- Net received
- ₦168,491,677,701
About ₦10.20 of every ₦100 was taken off before Oyo was paid.
Local governments got their own
Oyo’s 33 local governments were allocated ₦160.82B in 2026, across 7 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
7 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 2025 revenue₦21.17B+24.2% on the month before
What came in
- Value added tax (VAT)65.3%
- ₦15,804,315,677
- Statutory allocation31.4%
- ₦7,602,698,955
- Electronic transfer levy2.3%
- ₦567,005,866
- Ecological fund0.9%
- ₦210,536,279
- Gross allocation
- ₦24,184,556,777
What came off first
- External debt repayment
- − ₦1,784,632,077
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦21,171,476,045
Februaryfrom January revenue₦28.53B+34.8% on the month before
What came in
- Value added tax (VAT)77.0%
- ₦24,038,236,661
- Statutory allocation19.9%
- ₦6,202,788,150
- Augmentation2.5%
- ₦769,019,043
- Ecological fund0.6%
- ₦193,065,430
- Gross allocation
- ₦31,203,109,284
What came off first
- Other deductions
- − ₦1,400,218,173
- External debt repayment
- − ₦1,269,699,160
- Net received
- ₦28,533,191,951
Marchfrom February revenue₦19.28B−32.4% on the month before
What came in
- Value added tax (VAT)58.5%
- ₦12,966,035,992
- Statutory allocation40.4%
- ₦8,951,065,059
- Ecological fund1.1%
- ₦247,875,648
- Gross allocation
- ₦22,164,976,699
What came off first
- Other deductions
- − ₦1,476,324,303
- External debt repayment
- − ₦1,412,349,619
- Net received
- ₦19,276,302,777
Aprilfrom March revenue₦21.51B+11.6% on the month before
The imported figures for April do not add up to its total of ₦21,506,505,477, so only the total is shown. It needs checking against the official report.
What came off first
- Gross allocation
- ₦24,147,303,751
- External debt repayment
- − ₦1,412,349,619
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦21,506,505,477
Mayfrom April revenue₦26.59B+23.6% on the month before
What came in
- Value added tax (VAT)63.4%
- ₦18,539,170,572
- Statutory allocation29.0%
- ₦8,480,553,193
- Augmentation6.6%
- ₦1,922,547,608
- Ecological fund1.0%
- ₦288,085,868
- Gross allocation
- ₦29,230,357,241
What came off first
- External debt repayment
- − ₦1,412,349,619
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦26,589,558,966
Junefrom May revenue₦22.02B−17.2% on the month before
What came in
- Value added tax (VAT)54.4%
- ₦13,412,011,043
- Statutory allocation44.4%
- ₦10,945,552,368
- Ecological fund1.2%
- ₦303,107,604
- Gross allocation
- ₦24,660,671,015
What came off first
- External debt repayment
- − ₦1,412,349,619
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦22,019,872,740
Julyfrom June revenue₦29.39B+33.5% on the month before
What came in
- Value added tax (VAT)54.1%
- ₦17,317,441,443
- Statutory allocation38.7%
- ₦12,398,982,743
- Augmentation6.0%
- ₦1,922,547,608
- Ecological fund1.2%
- ₦396,596,225
- Gross allocation
- ₦32,035,568,018
What came off first
- External debt repayment
- − ₦1,412,349,619
- Other deductions
- − ₦1,228,448,655
- Net received
- ₦29,394,769,744
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.