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Oluyole LGA · Oyo State · Federal allocation

Oluyole LGA FAAC Allocation 2025

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

Oluyole LGA in Oyo State received ₦7,069,528,459 (about ₦7.1B) in FAAC federal allocations in 2025. That is about ₦589.1M a month.

Net allocation · Jan–Dec 2025

Full year
₦7.07B

₦7,069,528,459

+35.8% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation

Highest · October

₦700.4M

Lowest · January

₦485.0M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦3.84B 54.2%

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

Statutory allocation₦2.70B 38.0%

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

Electronic transfer levy₦184.7M 2.6%

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

Exchange rate gain₦155.9M 2.2%

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

Augmentation₦113.8M 1.6%

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

Ecological fund₦89.2M 1.3%

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

Solid minerals revenue₦6.0M 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
₦7,092,166,492
Other deductions
− ₦22,638,033
Amounts the report shows as taken off, without saying what for.
Net allocation
₦7,069,528,459

About ₦0.32 of every ₦100 was taken off before Oluyole’s share was set.

Among Oyo’s councils

Oluyole’s 2025 total is the 10th 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₦485.0M−12.1% on the month before

What came in

Value added tax (VAT)60.2%
₦291,875,736
Exchange rate gain18.0%
₦87,515,418
Statutory allocation16.1%
₦78,023,365
Electronic transfer levy4.7%
₦22,601,722
Ecological fund1.0%
₦4,966,163
Gross allocation
₦484,982,405

What came off first

Deductions at source
None recorded
Net allocation
₦484,982,405
Februaryfrom January revenue₦567.4M+17.0% on the month before

What came in

Value added tax (VAT)61.1%
₦346,649,873
Statutory allocation28.2%
₦159,877,078
Augmentation8.0%
₦45,634,861
Electronic transfer levy1.6%
₦9,035,825
Ecological fund1.1%
₦6,165,358
Gross allocation
₦567,362,996

What came off first

Deductions at source
None recorded
Net allocation
₦567,362,996
Marchfrom February revenue₦539.2M−5.0% on the month before

What came in

Value added tax (VAT)55.2%
₦297,837,922
Statutory allocation31.6%
₦170,416,177
Augmentation8.1%
₦43,629,849
Electronic transfer levy2.7%
₦14,661,790
Ecological fund1.2%
₦6,601,908
Solid minerals revenue1.1%
₦6,017,579
Gross allocation
₦539,165,225

What came off first

Deductions at source
None recorded
Net allocation
₦539,165,225
Aprilfrom March revenue₦510.7M−5.3% on the month before

What came in

Value added tax (VAT)57.0%
₦291,080,476
Statutory allocation38.5%
₦196,575,412
Electronic transfer levy2.1%
₦10,761,188
Exchange rate gain1.2%
₦6,235,795
Ecological fund1.2%
₦6,084,336
Gross allocation
₦510,737,207

What came off first

Deductions at source
None recorded
Net allocation
₦510,737,207
Mayfrom April revenue₦529.6M+3.7% on the month before

What came in

Value added tax (VAT)54.3%
₦287,686,222
Statutory allocation37.9%
₦200,680,444
Exchange rate gain3.4%
₦17,894,521
Electronic transfer levy3.2%
₦16,770,036
Ecological fund1.2%
₦6,557,249
Gross allocation
₦529,588,473

What came off first

Deductions at source
None recorded
Net allocation
₦529,588,473
Junefrom May revenue₦583.7M+10.2% on the month before

What came in

Value added tax (VAT)62.7%
₦365,713,836
Statutory allocation31.4%
₦183,097,533
Exchange rate gain2.9%
₦17,019,443
Electronic transfer levy2.0%
₦11,894,934
Ecological fund1.0%
₦6,003,509
Gross allocation
₦583,729,255

What came off first

Deductions at source
None recorded
Net allocation
₦583,729,255
Julyfrom June revenue₦603.0M+3.3% on the month before

What came in

Value added tax (VAT)54.5%
₦328,654,751
Statutory allocation36.6%
₦220,756,309
Augmentation4.1%
₦24,511,151
Electronic transfer levy2.1%
₦12,531,749
Exchange rate gain1.5%
₦8,908,875
Ecological fund1.3%
₦7,625,290
Gross allocation
₦602,988,126

What came off first

Deductions at source
None recorded
Net allocation
₦602,988,126
Augustfrom July revenue₦647.7M+7.4% on the month before

What came in

Value added tax (VAT)50.7%
₦328,107,297
Statutory allocation44.1%
₦285,593,546
Electronic transfer levy2.5%
₦16,058,993
Exchange rate gain1.4%
₦9,093,669
Ecological fund1.4%
₦8,840,616
Gross allocation
₦647,694,121

What came off first

Deductions at source
None recorded
Net allocation
₦647,694,121
Septemberfrom August revenue₦650.2M+0.4% on the month before

What came in

Value added tax (VAT)47.8%
₦321,794,127
Statutory allocation47.3%
₦318,468,778
Electronic transfer levy2.0%
₦13,501,592
Ecological fund1.5%
₦9,830,427
Exchange rate gain1.4%
₦9,212,129
Gross allocation
₦672,807,053

What came off first

Other deductions
− ₦22,638,033
Net allocation
₦650,169,020
Octoberfrom September revenue₦700.4M+7.7% on the month before

What came in

Value added tax (VAT)57.2%
₦400,897,489
Statutory allocation38.6%
₦270,642,581
Electronic transfer levy3.0%
₦20,778,595
Ecological fund1.2%
₦8,119,277
Gross allocation
₦700,437,943

What came off first

Deductions at source
None recorded
Net allocation
₦700,437,943
Novemberfrom October revenue₦669.4M−4.4% on the month before

What came in

Value added tax (VAT)50.5%
₦337,789,954
Statutory allocation45.2%
₦302,750,781
Electronic transfer levy3.0%
₦19,779,287
Ecological fund1.4%
₦9,082,523
Gross allocation
₦669,402,546

What came off first

Deductions at source
None recorded
Net allocation
₦669,402,546
Decemberfrom November revenue₦583.3M−12.9% on the month before

What came in

Statutory allocation53.3%
₦310,965,706
Value added tax (VAT)42.3%
₦246,615,782
Electronic transfer levy2.8%
₦16,360,684
Ecological fund1.6%
₦9,328,971
Gross allocation
₦583,271,143

What came off first

Deductions at source
None recorded
Net allocation
₦583,271,143
TotalJan–Dec 2025₦7,069,528,459

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 Oluyole 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.