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Iwajowa LGA · Oyo State · Federal allocation

Iwajowa LGA FAAC Allocation 2025

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

Iwajowa LGA in Oyo State received ₦6,154,069,097 (about ₦6.2B) in FAAC federal allocations in 2025. That is about ₦512.8M a month.

Net allocation · Jan–Dec 2025

Full year
₦6.15B

₦6,154,069,097

+36.5% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦608.1M

Lowest · January

₦420.4M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.27B 52.9%

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

Statutory allocation₦2.43B 39.3%

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

Electronic transfer levy₦153.6M 2.5%

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

Exchange rate gain₦140.4M 2.3%

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

Augmentation₦102.5M 1.7%

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

Ecological fund₦80.3M 1.3%

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

Solid minerals revenue₦5.4M 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
₦6,178,046,165
Other deductions
− ₦23,977,068
Amounts the report shows as taken off, without saying what for.
Net allocation
₦6,154,069,097

About ₦0.39 of every ₦100 was taken off before Iwajowa’s share was set.

Among Oyo’s councils

Iwajowa’s 2025 total is the 25th 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₦420.4M−13.0% on the month before

What came in

Value added tax (VAT)58.7%
₦246,617,530
Exchange rate gain18.7%
₦78,813,667
Statutory allocation16.7%
₦70,265,419
Electronic transfer levy4.8%
₦20,266,464
Ecological fund1.1%
₦4,472,373
Gross allocation
₦420,435,452

What came off first

Deductions at source
None recorded
Net allocation
₦420,435,452
Februaryfrom January revenue₦491.0M+16.8% on the month before

What came in

Value added tax (VAT)59.6%
₦292,868,636
Statutory allocation29.3%
₦143,980,331
Augmentation8.4%
₦41,097,339
Electronic transfer levy1.5%
₦7,498,399
Ecological fund1.1%
₦5,552,330
Gross allocation
₦490,997,035

What came off first

Deductions at source
None recorded
Net allocation
₦490,997,035
Marchfrom February revenue₦468.4M−4.6% on the month before

What came in

Value added tax (VAT)53.9%
₦252,238,661
Statutory allocation32.8%
₦153,471,517
Augmentation8.4%
₦39,291,687
Electronic transfer levy2.6%
₦12,030,203
Ecological fund1.3%
₦5,945,473
Solid minerals revenue1.2%
₦5,419,245
Gross allocation
₦468,396,786

What came off first

Deductions at source
None recorded
Net allocation
₦468,396,786
Aprilfrom March revenue₦443.7M−5.3% on the month before

What came in

Value added tax (VAT)55.6%
₦246,654,419
Statutory allocation39.9%
₦177,029,711
Electronic transfer levy2.0%
₦8,892,823
Exchange rate gain1.3%
₦5,615,763
Ecological fund1.2%
₦5,479,364
Gross allocation
₦443,672,080

What came off first

Deductions at source
None recorded
Net allocation
₦443,672,080
Mayfrom April revenue₦459.5M+3.6% on the month before

What came in

Value added tax (VAT)52.9%
₦242,936,388
Statutory allocation39.3%
₦180,726,575
Exchange rate gain3.5%
₦16,115,250
Electronic transfer levy3.0%
₦13,862,292
Ecological fund1.3%
₦5,905,255
Gross allocation
₦459,545,761

What came off first

Deductions at source
None recorded
Net allocation
₦459,545,761
Junefrom May revenue₦509.4M+10.9% on the month before

What came in

Value added tax (VAT)61.6%
₦313,957,764
Statutory allocation32.4%
₦164,891,952
Exchange rate gain3.0%
₦15,327,181
Electronic transfer levy1.9%
₦9,824,818
Ecological fund1.1%
₦5,406,574
Gross allocation
₦509,408,289

What came off first

Deductions at source
None recorded
Net allocation
₦509,408,289
Julyfrom June revenue₦527.5M+3.6% on the month before

What came in

Value added tax (VAT)53.3%
₦281,403,541
Statutory allocation37.7%
₦198,806,276
Augmentation4.2%
₦22,073,981
Electronic transfer levy2.0%
₦10,349,585
Exchange rate gain1.5%
₦8,023,056
Ecological fund1.3%
₦6,867,099
Gross allocation
₦527,523,539

What came off first

Deductions at source
None recorded
Net allocation
₦527,523,539
Augustfrom July revenue₦566.8M+7.4% on the month before

What came in

Value added tax (VAT)49.4%
₦280,175,033
Statutory allocation45.4%
₦257,196,678
Electronic transfer levy2.3%
₦13,245,533
Exchange rate gain1.4%
₦8,189,476
Ecological fund1.4%
₦7,961,585
Gross allocation
₦566,768,304

What came off first

Deductions at source
None recorded
Net allocation
₦566,768,304
Septemberfrom August revenue₦562.5M−0.8% on the month before

What came in

Statutory allocation48.9%
₦286,803,090
Value added tax (VAT)46.3%
₦271,445,614
Electronic transfer levy1.9%
₦11,082,002
Ecological fund1.5%
₦8,852,977
Exchange rate gain1.4%
₦8,296,157
Gross allocation
₦586,479,841

What came off first

Other deductions
− ₦23,977,068
Net allocation
₦562,502,773
Octoberfrom September revenue₦608.1M+8.1% on the month before

What came in

Value added tax (VAT)55.9%
₦340,096,934
Statutory allocation40.1%
₦243,732,303
Electronic transfer levy2.8%
₦16,911,441
Ecological fund1.2%
₦7,311,969
Gross allocation
₦608,052,648

What came off first

Deductions at source
None recorded
Net allocation
₦608,052,648
Novemberfrom October revenue₦584.7M−3.8% on the month before

What came in

Value added tax (VAT)49.2%
₦287,635,930
Statutory allocation46.6%
₦272,647,950
Electronic transfer levy2.8%
₦16,197,477
Ecological fund1.4%
₦8,179,439
Gross allocation
₦584,660,796

What came off first

Deductions at source
None recorded
Net allocation
₦584,660,796
Decemberfrom November revenue₦512.1M−12.4% on the month before

What came in

Statutory allocation54.7%
₦280,046,057
Value added tax (VAT)41.1%
₦210,263,921
Electronic transfer levy2.6%
₦13,394,276
Ecological fund1.6%
₦8,401,382
Gross allocation
₦512,105,636

What came off first

Deductions at source
None recorded
Net allocation
₦512,105,636
TotalJan–Dec 2025₦6,154,069,097

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 Iwajowa 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.