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Ibadan South West LGA · Oyo State · Federal allocation

Ibadan South West LGA FAAC Allocation 2025

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

Ibadan South West LGA in Oyo State received ₦7,874,763,250 (about ₦7.9B) in FAAC federal allocations in 2025. That is about ₦656.2M a month.

Net allocation · Jan–Dec 2025

Full year
₦7.87B

₦7,874,763,250

+35.5% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦781.5M

Lowest · January

₦541.0M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦4.31B 54.5%

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

Statutory allocation₦2.98B 37.7%

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

Electronic transfer levy₦209.7M 2.7%

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

Exchange rate gain₦172.3M 2.2%

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

Augmentation₦125.7M 1.6%

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

Ecological fund₦98.6M 1.2%

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

Solid minerals revenue₦6.6M 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
₦7,901,894,184
Other deductions
− ₦27,130,934
Amounts the report shows as taken off, without saying what for.
Net allocation
₦7,874,763,250

About ₦0.34 of every ₦100 was taken off before Ibadan South West’s share was set.

Among Oyo’s councils

Ibadan South West’s 2025 total is the 4th 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

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₦541.0M−11.7% on the month before

What came in

Value added tax (VAT)60.6%
₦328,111,341
Exchange rate gain17.9%
₦96,706,769
Statutory allocation15.9%
₦86,217,809
Electronic transfer levy4.5%
₦24,471,427
Ecological fund1.0%
₦5,487,737
Gross allocation
₦540,995,083

What came off first

Deductions at source
None recorded
Net allocation
₦540,995,083
Februaryfrom January revenue₦633.9M+17.2% on the month before

What came in

Value added tax (VAT)61.5%
₦389,709,371
Statutory allocation27.9%
₦176,668,249
Augmentation8.0%
₦50,427,686
Electronic transfer levy1.6%
₦10,266,753
Ecological fund1.1%
₦6,812,878
Gross allocation
₦633,884,937

What came off first

Deductions at source
None recorded
Net allocation
₦633,884,937
Marchfrom February revenue₦601.6M−5.1% on the month before

What came in

Value added tax (VAT)55.6%
₦334,346,589
Statutory allocation31.3%
₦188,314,223
Augmentation8.0%
₦48,212,096
Electronic transfer levy2.8%
₦16,768,748
Ecological fund1.2%
₦7,295,277
Solid minerals revenue1.1%
₦6,649,578
Gross allocation
₦601,586,510

What came off first

Deductions at source
None recorded
Net allocation
₦601,586,510
Aprilfrom March revenue₦569.7M−5.3% on the month before

What came in

Value added tax (VAT)57.3%
₦326,649,827
Statutory allocation38.1%
₦217,220,844
Electronic transfer levy2.2%
₦12,257,079
Exchange rate gain1.2%
₦6,890,713
Ecological fund1.2%
₦6,723,347
Gross allocation
₦569,741,809

What came off first

Deductions at source
None recorded
Net allocation
₦569,741,809
Mayfrom April revenue₦591.4M+3.8% on the month before

What came in

Value added tax (VAT)54.7%
₦323,514,803
Statutory allocation37.5%
₦221,757,009
Exchange rate gain3.3%
₦19,773,902
Electronic transfer levy3.2%
₦19,098,097
Ecological fund1.2%
₦7,245,927
Gross allocation
₦591,389,738

What came off first

Deductions at source
None recorded
Net allocation
₦591,389,738
Junefrom May revenue₦648.5M+9.7% on the month before

What came in

Value added tax (VAT)62.8%
₦407,151,901
Statutory allocation31.2%
₦202,327,444
Exchange rate gain2.9%
₦18,806,918
Electronic transfer levy2.1%
₦13,552,355
Ecological fund1.0%
₦6,634,031
Gross allocation
₦648,472,650

What came off first

Deductions at source
None recorded
Net allocation
₦648,472,650
Julyfrom June revenue₦670.1M+3.3% on the month before

What came in

Value added tax (VAT)54.7%
₦366,486,037
Statutory allocation36.4%
₦243,941,352
Augmentation4.0%
₦27,085,447
Electronic transfer levy2.1%
₦14,278,881
Exchange rate gain1.5%
₦9,844,534
Ecological fund1.3%
₦8,426,140
Gross allocation
₦670,062,392

What came off first

Deductions at source
None recorded
Net allocation
₦670,062,392
Augustfrom July revenue₦720.2M+7.5% on the month before

What came in

Value added tax (VAT)50.9%
₦366,483,863
Statutory allocation43.8%
₦315,588,153
Electronic transfer levy2.5%
₦18,311,565
Exchange rate gain1.4%
₦10,048,736
Ecological fund1.4%
₦9,769,107
Gross allocation
₦720,201,424

What came off first

Deductions at source
None recorded
Net allocation
₦720,201,424
Septemberfrom August revenue₦723.4M+0.4% on the month before

What came in

Value added tax (VAT)48.2%
₦362,105,244
Statutory allocation46.9%
₦351,916,122
Electronic transfer levy2.1%
₦15,438,816
Ecological fund1.4%
₦10,862,873
Exchange rate gain1.4%
₦10,179,638
Gross allocation
₦750,502,692

What came off first

Other deductions
− ₦27,130,934
Net allocation
₦723,371,758
Octoberfrom September revenue₦781.5M+8.0% on the month before

What came in

Value added tax (VAT)57.5%
₦449,576,944
Statutory allocation38.3%
₦299,066,956
Electronic transfer levy3.1%
₦23,874,800
Ecological fund1.1%
₦8,972,009
Gross allocation
₦781,490,709

What came off first

Deductions at source
None recorded
Net allocation
₦781,490,709
Novemberfrom October revenue₦745.2M−4.6% on the month before

What came in

Value added tax (VAT)50.7%
₦377,945,355
Statutory allocation44.9%
₦334,547,335
Electronic transfer levy3.0%
₦22,647,033
Ecological fund1.3%
₦10,036,420
Gross allocation
₦745,176,143

What came off first

Deductions at source
None recorded
Net allocation
₦745,176,143
Decemberfrom November revenue₦648.4M−13.0% on the month before

What came in

Statutory allocation53.0%
₦343,625,037
Value added tax (VAT)42.5%
₦275,720,595
Electronic transfer levy2.9%
₦18,735,715
Ecological fund1.6%
₦10,308,751
Gross allocation
₦648,390,097

What came off first

Deductions at source
None recorded
Net allocation
₦648,390,097
TotalJan–Dec 2025₦7,874,763,250

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 South West 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.