Oluyole LGA · Oyo State · Federal allocation
Oluyole LGA FAAC Allocation 2026
What was shared to the council each month, where it came from, and what came off first.
Oluyole LGA in Oyo State received ₦5,072,105,823 (about ₦5.1B) in FAAC federal allocations between January and July 2026. That is about ₦724.6M a month.
Net allocation · Jan–Jul 2026
7 months on record₦5,072,105,823
+32.8% compared with the same 7 months of 2025 · not adjusted for inflation
Highest · July
₦877.8MLowest · March
₦605.4MWhere 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.
A top-up added to the month’s pool from other federal revenue.
Money set aside for erosion, flooding and other environmental problems.
The ₦50 charged on bank transfers of ₦10,000 or more.
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
- ₦5,072,105,823
- Deductions at source
- None recorded
- Net allocation
- ₦5,072,105,823
Among Oyo’s councils
Oluyole’s 2026 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
7 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 2025 revenue₦679.4M+16.5% on the month before
What came in
- Value added tax (VAT)60.9%
- ₦413,950,683
- Statutory allocation35.7%
- ₦242,322,872
- Electronic transfer levy2.3%
- ₦15,893,481
- Ecological fund1.1%
- ₦7,269,686
- Gross allocation
- ₦679,436,723
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦679,436,723
Februaryfrom January revenue₦792.2M+16.6% on the month before
What came in
- Value added tax (VAT)71.1%
- ₦563,285,368
- Statutory allocation25.0%
- ₦197,703,138
- Augmentation3.1%
- ₦24,511,151
- Ecological fund0.8%
- ₦6,666,429
- Gross allocation
- ₦792,166,085
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦792,166,085
Marchfrom February revenue₦605.4M−23.6% on the month before
What came in
- Value added tax (VAT)51.5%
- ₦311,585,076
- Statutory allocation47.1%
- ₦285,299,708
- Ecological fund1.4%
- ₦8,558,991
- Gross allocation
- ₦605,443,775
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦605,443,775
Aprilfrom March revenue₦657.6M+8.6% on the month before
What came in
- Statutory allocation44.7%
- ₦294,180,099
- Value added tax (VAT)44.0%
- ₦289,094,736
- Augmentation7.5%
- ₦49,022,302
- Solid minerals revenue2.2%
- ₦14,521,343
- Ecological fund1.6%
- ₦10,731,712
- Gross allocation
- ₦657,550,192
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦657,550,192
Mayfrom April revenue₦773.3M+17.6% on the month before
What came in
- Value added tax (VAT)55.8%
- ₦431,778,465
- Statutory allocation35.0%
- ₦270,302,957
- Augmentation7.9%
- ₦61,277,878
- Ecological fund1.3%
- ₦9,947,425
- Gross allocation
- ₦773,306,725
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦773,306,725
Junefrom May revenue₦686.4M−11.2% on the month before
What came in
- Statutory allocation50.8%
- ₦348,870,540
- Value added tax (VAT)47.7%
- ₦327,111,205
- Ecological fund1.5%
- ₦10,466,116
- Gross allocation
- ₦686,447,861
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦686,447,861
Julyfrom June revenue₦877.8M+27.9% on the month before
What came in
- Value added tax (VAT)46.4%
- ₦407,586,247
- Statutory allocation45.0%
- ₦395,196,118
- Augmentation7.0%
- ₦61,277,878
- Ecological fund1.6%
- ₦13,694,220
- Gross allocation
- ₦877,754,462
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦877,754,462
Check the source
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.