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Ibadan North LGA · Oyo State · Federal allocation

Ibadan North LGA FAAC Allocation 2026

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

Ibadan North LGA in Oyo State received ₦5,630,700,911 (about ₦5.6B) in FAAC federal allocations between January and July 2026. That is about ₦804.4M a month.

Net allocation · Jan–Jul 2026

7 months on record
₦5.63B

₦5,630,700,911

+29.3% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · July

₦970.2M

Lowest · March

₦671.3M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.04B 53.9%

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

Statutory allocation₦2.27B 40.3%

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

Augmentation₦218.6M 3.9%

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

Ecological fund₦75.1M 1.3%

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

Electronic transfer levy₦18.9M 0.3%

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

Solid minerals revenue₦16.2M 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
₦5,630,700,911
Deductions at source
None recorded
Net allocation
₦5,630,700,911

Among Oyo’s councils

Ibadan North’s 2026 total is the 3rd 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₦777.1M+17.6% on the month before

What came in

Value added tax (VAT)61.8%
₦480,035,163
Statutory allocation34.8%
₦270,099,592
Electronic transfer levy2.4%
₦18,868,635
Ecological fund1.0%
₦8,102,988
Gross allocation
₦777,106,377

What came off first

Deductions at source
None recorded
Net allocation
₦777,106,377
Februaryfrom January revenue₦870.6M+12.0% on the month before

What came in

Value added tax (VAT)70.7%
₦615,497,961
Statutory allocation25.3%
₦220,365,236
Augmentation3.1%
₦27,320,788
Ecological fund0.9%
₦7,430,581
Gross allocation
₦870,614,566

What came off first

Deductions at source
None recorded
Net allocation
₦870,614,566
Marchfrom February revenue₦671.3M−22.9% on the month before

What came in

Value added tax (VAT)51.2%
₦343,807,006
Statutory allocation47.4%
₦318,002,730
Ecological fund1.4%
₦9,540,082
Gross allocation
₦671,349,818

What came off first

Deductions at source
None recorded
Net allocation
₦671,349,818
Aprilfrom March revenue₦726.6M+8.2% on the month before

What came in

Statutory allocation45.1%
₦327,901,052
Value added tax (VAT)43.5%
₦315,918,142
Augmentation7.5%
₦54,641,577
Solid minerals revenue2.2%
₦16,185,879
Ecological fund1.6%
₦11,961,855
Gross allocation
₦726,608,505

What came off first

Deductions at source
None recorded
Net allocation
₦726,608,505
Mayfrom April revenue₦851.3M+17.2% on the month before

What came in

Value added tax (VAT)55.3%
₦470,660,572
Statutory allocation35.4%
₦301,286,947
Augmentation8.0%
₦68,301,971
Ecological fund1.3%
₦11,087,668
Gross allocation
₦851,337,158

What came off first

Deductions at source
None recorded
Net allocation
₦851,337,158
Junefrom May revenue₦763.5M−10.3% on the month before

What came in

Statutory allocation50.9%
₦388,860,489
Value added tax (VAT)47.5%
₦362,958,907
Ecological fund1.5%
₦11,665,815
Gross allocation
₦763,485,210

What came off first

Deductions at source
None recorded
Net allocation
₦763,485,210
Julyfrom June revenue₦970.2M+27.1% on the month before

What came in

Value added tax (VAT)46.0%
₦446,137,136
Statutory allocation45.4%
₦440,496,224
Augmentation7.0%
₦68,301,971
Ecological fund1.6%
₦15,263,946
Gross allocation
₦970,199,277

What came off first

Deductions at source
None recorded
Net allocation
₦970,199,277
TotalJan–Jul 2026₦5,630,700,911

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 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.