Surulere LGA · Oyo State · Federal allocation
Surulere LGA FAAC Allocation 2025
What was shared to the council each month, where it came from, and what came off first.
Surulere LGA in Oyo State received ₦7,917,900,950 (about ₦7.9B) in FAAC federal allocations in 2025. That is about ₦659.8M a month.
Net allocation · Jan–Dec 2025
Full year₦7,917,900,950
+65.0% compared with the same 4 months of 2024 (4 of 12 months compared) · not adjusted for inflation
Highest · October
₦801.6MLowest · January
₦532.2MWhere 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
- ₦7,941,685,943
- Other deductions
- − ₦23,784,993
- Amounts the report shows as taken off, without saying what for.
- Net allocation
- ₦7,917,900,950
About ₦0.30 of every ₦100 was taken off before Surulere’s share was set.
Among Oyo’s councils
Surulere’s 2025 total is the 3rd 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₦532.2M−1.1% on the month before
What came in
- Value added tax (VAT)61.3%
- ₦326,031,855
- Statutory allocation17.8%
- ₦94,683,749
- Exchange rate gain16.1%
- ₦85,433,652
- Electronic transfer levy4.0%
- ₦21,181,650
- Ecological fund0.9%
- ₦4,848,031
- Gross allocation
- ₦532,178,938
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦532,178,938
Februaryfrom January revenue₦566.6M+6.5% on the month before
What came in
- Value added tax (VAT)55.4%
- ₦313,945,467
- Statutory allocation34.2%
- ₦194,015,743
- Augmentation7.9%
- ₦44,549,326
- Electronic transfer levy1.4%
- ₦8,100,915
- Ecological fund1.1%
- ₦6,018,700
- Gross allocation
- ₦566,630,152
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦566,630,152
Marchfrom February revenue₦544.9M−3.8% on the month before
What came in
- Value added tax (VAT)49.6%
- ₦270,108,982
- Statutory allocation38.0%
- ₦206,805,264
- Augmentation7.8%
- ₦42,592,008
- Electronic transfer levy2.4%
- ₦13,061,520
- Ecological fund1.2%
- ₦6,444,866
- Solid minerals revenue1.1%
- ₦5,874,436
- Gross allocation
- ₦544,887,076
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦544,887,076
Aprilfrom March revenue₦584.8M+7.3% on the month before
What came in
- Value added tax (VAT)55.5%
- ₦324,608,575
- Statutory allocation40.8%
- ₦238,550,298
- Electronic transfer levy1.6%
- ₦9,625,034
- Exchange rate gain1.0%
- ₦6,087,462
- Ecological fund1.0%
- ₦5,939,606
- Gross allocation
- ₦584,810,975
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦584,810,975
Mayfrom April revenue₦603.9M+3.3% on the month before
What came in
- Value added tax (VAT)53.2%
- ₦321,458,675
- Statutory allocation40.3%
- ₦243,531,881
- Exchange rate gain2.9%
- ₦17,468,857
- Electronic transfer levy2.5%
- ₦15,001,835
- Ecological fund1.1%
- ₦6,401,269
- Gross allocation
- ₦603,862,516
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦603,862,516
Junefrom May revenue₦660.1M+9.3% on the month before
What came in
- Value added tax (VAT)61.3%
- ₦404,773,857
- Statutory allocation33.7%
- ₦222,194,478
- Exchange rate gain2.5%
- ₦16,614,594
- Electronic transfer levy1.6%
- ₦10,636,095
- Ecological fund0.9%
- ₦5,860,701
- Gross allocation
- ₦660,079,726
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦660,079,726
Julyfrom June revenue₦683.5M+3.5% on the month before
What came in
- Value added tax (VAT)53.3%
- ₦364,314,978
- Statutory allocation39.2%
- ₦267,894,560
- Augmentation3.5%
- ₦23,928,094
- Electronic transfer levy1.6%
- ₦11,204,774
- Exchange rate gain1.3%
- ₦8,696,956
- Ecological fund1.1%
- ₦7,443,904
- Gross allocation
- ₦683,483,266
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦683,483,266
Augustfrom July revenue₦742.7M+8.7% on the month before
What came in
- Value added tax (VAT)49.0%
- ₦364,281,511
- Statutory allocation46.7%
- ₦346,576,538
- Electronic transfer levy1.9%
- ₦14,348,126
- Exchange rate gain1.2%
- ₦8,877,354
- Ecological fund1.2%
- ₦8,630,321
- Gross allocation
- ₦742,713,850
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦742,713,850
Septemberfrom August revenue₦753.1M+1.4% on the month before
What came in
- Statutory allocation49.7%
- ₦386,471,641
- Value added tax (VAT)46.3%
- ₦359,791,872
- Electronic transfer levy1.5%
- ₦12,030,238
- Ecological fund1.2%
- ₦9,596,587
- Exchange rate gain1.2%
- ₦8,992,996
- Gross allocation
- ₦776,883,334
What came off first
- Other deductions
- − ₦23,784,993
- Net allocation
- ₦753,098,340
Octoberfrom September revenue₦801.6M+6.4% on the month before
What came in
- Value added tax (VAT)55.7%
- ₦446,783,331
- Statutory allocation41.0%
- ₦328,433,083
- Electronic transfer levy2.3%
- ₦18,426,976
- Ecological fund1.0%
- ₦7,926,141
- Gross allocation
- ₦801,569,531
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦801,569,531
Novemberfrom October revenue₦769.5M−4.0% on the month before
What came in
- Value added tax (VAT)48.8%
- ₦375,640,920
- Statutory allocation47.7%
- ₦367,397,369
- Electronic transfer levy2.3%
- ₦17,601,186
- Ecological fund1.2%
- ₦8,866,474
- Gross allocation
- ₦769,505,948
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦769,505,948
Decemberfrom November revenue₦675.1M−12.3% on the month before
What came in
- Statutory allocation55.9%
- ₦377,366,433
- Value added tax (VAT)40.6%
- ₦274,050,330
- Electronic transfer levy2.2%
- ₦14,556,809
- Ecological fund1.3%
- ₦9,107,059
- Gross allocation
- ₦675,080,631
What came off first
- Deductions at source
- None recorded
- Net allocation
- ₦675,080,631
Check the source
About these figures
Source: monthly FAAC disbursement reports (net allocations to Surulere 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.