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Ibadan North East LGA · Oyo State · Federal allocation

Ibadan North East LGA FAAC Allocation 2026

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

Ibadan North East LGA in Oyo State received ₦5,914,105,899 (about ₦5.9B) in FAAC federal allocations between January and July 2026. That is about ₦844.9M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦5.91B

₦5,914,105,899

+29.1% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦1.02B

Lowest · March

₦706.2M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.10B 52.4%

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

Statutory allocation₦2.46B 41.6%

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

Augmentation₦237.0M 4.0%

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

Ecological fund₦81.4M 1.4%

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

Electronic transfer levy₦19.5M 0.3%

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

Solid minerals revenue₦17.5M 0.3%

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
₦5,914,105,899
Deductions at source
None recorded
Net allocation
₦5,914,105,899

Among Oyo’s councils

Ibadan North East’s 2026 total is the largest of Oyo’s 33 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

7 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 2025 revenue₦816.2M+16.5% on the month before

What came in

Value added tax (VAT)60.7%
₦495,023,710
Statutory allocation35.9%
₦292,825,864
Electronic transfer levy2.4%
₦19,543,426
Ecological fund1.1%
₦8,784,776
Gross allocation
₦816,177,776

What came off first

Deductions at source
None recorded
Net allocation
₦816,177,776
Februaryfrom January revenue₦903.9M+10.8% on the month before

What came in

Value added tax (VAT)69.4%
₦627,340,241
Statutory allocation26.4%
₦238,906,842
Augmentation3.3%
₦29,619,569
Ecological fund0.9%
₦8,055,792
Gross allocation
₦903,922,444

What came off first

Deductions at source
None recorded
Net allocation
₦903,922,444
Marchfrom February revenue₦706.2M−21.9% on the month before

What came in

Value added tax (VAT)49.7%
₦351,115,226
Statutory allocation48.8%
₦344,759,588
Ecological fund1.5%
₦10,342,788
Gross allocation
₦706,217,602

What came off first

Deductions at source
None recorded
Net allocation
₦706,217,602
Aprilfrom March revenue₦767.2M+8.6% on the month before

What came in

Statutory allocation46.3%
₦355,490,759
Value added tax (VAT)42.0%
₦322,001,928
Augmentation7.7%
₦59,239,138
Solid minerals revenue2.3%
₦17,547,765
Ecological fund1.7%
₦12,968,330
Gross allocation
₦767,247,919

What came off first

Deductions at source
None recorded
Net allocation
₦767,247,919
Mayfrom April revenue₦892.2M+16.3% on the month before

What came in

Value added tax (VAT)53.7%
₦479,479,379
Statutory allocation36.6%
₦326,637,334
Augmentation8.3%
₦74,048,922
Ecological fund1.3%
₦12,020,588
Gross allocation
₦892,186,223

What came off first

Deductions at source
None recorded
Net allocation
₦892,186,223
Junefrom May revenue₦805.3M−9.7% on the month before

What came in

Statutory allocation52.3%
₦421,579,343
Value added tax (VAT)46.1%
₦371,089,484
Ecological fund1.6%
₦12,647,380
Gross allocation
₦805,316,207

What came off first

Deductions at source
None recorded
Net allocation
₦805,316,207
Julyfrom June revenue₦1.02B+27.0% on the month before

What came in

Statutory allocation46.7%
₦477,559,727
Value added tax (VAT)44.5%
₦454,880,820
Augmentation7.2%
₦74,048,922
Ecological fund1.6%
₦16,548,259
Gross allocation
₦1,023,037,729

What came off first

Deductions at source
None recorded
Net allocation
₦1,023,037,729
TotalJan–Jul 2026₦5,914,105,899

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 Ibadan North East 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.