Iseyin LGA · Oyo State · Federal allocation
Iseyin LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Iseyin LGA in Oyo State received ₦7,811,695,256 (about ₦7.8B) in FAAC federal allocations in 2025. That is about ₦651.0M a month.
Net allocation · Jan–Dec 2025
Full year₦7,811,695,256
+36.7% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦773.1MLowest · January
₦533.8MWhere the money came from
Share of gross allocation
The council’s share of the 7.5% tax paid on goods and services.
The council’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.
What came off first
- Gross allocation
- ₦7,835,430,858
- Other deductions
- − ₦23,735,603
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦7,811,695,256
About ₦0.30 of every ₦100 was taken off before Iseyin’s share was set.
Among Oyo’s councils
Iseyin’s 2025 total is the 5th 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 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₦533.8M−12.2% on the month before
What came in
- Value added tax (VAT)59.3%
- ₦316,468,849
- Exchange rate gain18.6%
- ₦99,288,498
- Statutory allocation16.6%
- ₦88,519,520
- Electronic transfer levy4.5%
- ₦23,870,692
- Ecological fund1.1%
- ₦5,634,241
- Gross allocation
- ₦533,781,799
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦533,781,799
Februaryfrom January revenue₦625.9M+17.3% on the month before
What came in
- Value added tax (VAT)60.1%
- ₦375,874,364
- Statutory allocation29.0%
- ₦181,384,668
- Augmentation8.3%
- ₦51,773,927
- Electronic transfer levy1.6%
- ₦9,871,256
- Ecological fund1.1%
- ₦6,994,758
- Gross allocation
- ₦625,898,973
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦625,898,973
Marchfrom February revenue₦595.9M−4.8% on the month before
What came in
- Value added tax (VAT)54.1%
- ₦322,616,362
- Statutory allocation32.4%
- ₦193,341,548
- Augmentation8.3%
- ₦49,499,189
- Electronic transfer levy2.7%
- ₦16,091,783
- Ecological fund1.3%
- ₦7,490,035
- Solid minerals revenue1.1%
- ₦6,827,098
- Gross allocation
- ₦595,866,015
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦595,866,015
Aprilfrom March revenue₦564.0M−5.3% on the month before
What came in
- Value added tax (VAT)55.9%
- ₦315,221,402
- Statutory allocation39.5%
- ₦223,019,874
- Electronic transfer levy2.1%
- ₦11,776,450
- Exchange rate gain1.3%
- ₦7,074,670
- Ecological fund1.2%
- ₦6,902,836
- Gross allocation
- ₦563,995,233
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦563,995,233
Mayfrom April revenue₦585.8M+3.9% on the month before
What came in
- Value added tax (VAT)53.3%
- ₦312,003,088
- Statutory allocation38.9%
- ₦227,677,139
- Exchange rate gain3.5%
- ₦20,301,795
- Electronic transfer levy3.1%
- ₦18,350,092
- Ecological fund1.3%
- ₦7,439,368
- Gross allocation
- ₦585,771,481
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦585,771,481
Junefrom May revenue₦640.7M+9.4% on the month before
What came in
- Value added tax (VAT)61.5%
- ₦393,837,860
- Statutory allocation32.4%
- ₦207,728,873
- Exchange rate gain3.0%
- ₦19,308,997
- Electronic transfer levy2.0%
- ₦13,019,826
- Ecological fund1.1%
- ₦6,811,136
- Gross allocation
- ₦640,706,692
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦640,706,692
Julyfrom June revenue₦665.1M+3.8% on the month before
What came in
- Value added tax (VAT)53.3%
- ₦354,330,854
- Statutory allocation37.7%
- ₦250,453,726
- Augmentation4.2%
- ₦27,808,533
- Electronic transfer levy2.1%
- ₦13,717,528
- Exchange rate gain1.5%
- ₦10,107,348
- Ecological fund1.3%
- ₦8,651,088
- Gross allocation
- ₦665,069,077
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦665,069,077
Augustfrom July revenue₦716.1M+7.7% on the month before
What came in
- Value added tax (VAT)49.5%
- ₦354,153,481
- Statutory allocation45.2%
- ₦324,013,243
- Electronic transfer levy2.5%
- ₦17,587,814
- Exchange rate gain1.4%
- ₦10,317,002
- Ecological fund1.4%
- ₦10,029,907
- Gross allocation
- ₦716,101,447
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦716,101,447
Septemberfrom August revenue₦723.1M+1.0% on the month before
What came in
- Statutory allocation48.4%
- ₦361,311,041
- Value added tax (VAT)46.7%
- ₦349,153,291
- Electronic transfer levy2.0%
- ₦14,816,386
- Ecological fund1.5%
- ₦11,152,873
- Exchange rate gain1.4%
- ₦10,451,398
- Gross allocation
- ₦746,884,989
What came off first
- Other deductions
- − ₦23,735,603
- Net allocation
- ₦723,149,387
Octoberfrom September revenue₦773.1M+6.9% on the month before
What came in
- Value added tax (VAT)56.1%
- ₦433,936,246
- Statutory allocation39.7%
- ₦307,050,988
- Electronic transfer levy3.0%
- ₦22,879,990
- Ecological fund1.2%
- ₦9,211,530
- Gross allocation
- ₦773,078,754
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦773,078,754
Novemberfrom October revenue₦740.6M−4.2% on the month before
What came in
- Value added tax (VAT)49.3%
- ₦365,043,434
- Statutory allocation46.4%
- ₦343,478,568
- Electronic transfer levy2.9%
- ₦21,725,627
- Ecological fund1.4%
- ₦10,304,357
- Gross allocation
- ₦740,551,985
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦740,551,985
Decemberfrom November revenue₦647.7M−12.5% on the month before
What came in
- Statutory allocation54.5%
- ₦352,798,613
- Value added tax (VAT)41.1%
- ₦266,369,225
- Electronic transfer levy2.8%
- ₦17,972,618
- Ecological fund1.6%
- ₦10,583,958
- Gross allocation
- ₦647,724,414
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦647,724,414
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Iseyin 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.