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Ikwerre LGA · Rivers State · Federal allocation

Ikwerre LGA FAAC Allocation 2026

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

Ikwerre LGA in Rivers State received ₦7,072,878,301 (about ₦7.1B) in FAAC federal allocations between January and July 2026. That is about ₦1.01B a month.

Net allocation · Jan–Jul 2026

7 months on record
₦7.07B

₦7,072,878,301

+31.6% compared with the same 7 months of 2025 · not adjusted for inflation

Highest · June

₦1.22B

Lowest · January

₦747.5M

Where the money came from

Share of gross allocation

Value added tax (VAT)₦4.80B 67.3%

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

Statutory allocation₦2.04B 28.6%

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

Augmentation₦196.9M 2.8%

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

Ecological fund₦67.6M 0.9%

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

Electronic transfer levy₦16.7M 0.2%

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

Solid minerals revenue₦14.6M 0.2%

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
₦7,140,490,266
Ecology transfer
− ₦67,611,965
Part of the ecological fund passed on to NDDC or HYPPADEC.
Net allocation
₦7,072,878,301

About ₦0.95 of every ₦100 was taken off before Ikwerre’s share was set.

Among Rivers’s councils

Ikwerre’s 2026 total is the 16th largest of Rivers’s 23 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 record

Open a month to see what came in and what was deducted. The percentage is the change on the month before.

Januaryfrom December 2025 revenue₦747.5M+20.3% on the month before

What came in

Value added tax (VAT)64.6%
₦487,473,255
Statutory allocation32.2%
₦243,321,124
Electronic transfer levy2.2%
₦16,677,524
Ecological fund1.0%
₦7,299,634
Gross allocation
₦754,771,537

What came off first

Ecology transfer
− ₦7,299,634
Net allocation
₦747,471,904
Februaryfrom January revenue₦877.8M+17.4% on the month before

What came in

Value added tax (VAT)74.0%
₦654,659,681
Statutory allocation22.4%
₦198,517,578
Augmentation2.8%
₦24,612,125
Ecological fund0.8%
₦6,693,891
Gross allocation
₦884,483,276

What came off first

Ecology transfer
− ₦6,693,891
Net allocation
₦877,789,384
Marchfrom February revenue₦1.10B+24.9% on the month before

What came in

Value added tax (VAT)73.3%
₦809,997,222
Statutory allocation25.9%
₦286,475,004
Ecological fund0.8%
₦8,594,250
Gross allocation
₦1,105,066,476

What came off first

Ecology transfer
− ₦8,594,250
Net allocation
₦1,096,472,226
Aprilfrom March revenue₦949.6M−13.4% on the month before

What came in

Value added tax (VAT)61.5%
₦590,421,392
Statutory allocation30.8%
₦295,391,977
Augmentation5.1%
₦49,224,250
Solid minerals revenue1.5%
₦14,581,164
Ecological fund1.1%
₦10,775,922
Gross allocation
₦960,394,705

What came off first

Ecology transfer
− ₦10,775,922
Net allocation
₦949,618,783
Mayfrom April revenue₦976.6M+2.8% on the month before

What came in

Value added tax (VAT)65.2%
₦643,653,064
Statutory allocation27.5%
₦271,416,473
Augmentation6.2%
₦61,530,313
Ecological fund1.0%
₦9,988,404
Gross allocation
₦986,588,253

What came off first

Ecology transfer
− ₦9,988,404
Net allocation
₦976,599,849
Junefrom May revenue₦1.22B+24.8% on the month before

What came in

Value added tax (VAT)70.6%
₦868,463,586
Statutory allocation28.5%
₦350,307,716
Ecological fund0.9%
₦10,509,231
Gross allocation
₦1,229,280,534

What came off first

Ecology transfer
− ₦10,509,231
Net allocation
₦1,218,771,302
Julyfrom June revenue₦1.21B−1.0% on the month before

What came in

Value added tax (VAT)61.3%
₦747,800,407
Statutory allocation32.5%
₦396,824,133
Augmentation5.0%
₦61,530,313
Ecological fund1.1%
₦13,750,633
Gross allocation
₦1,219,905,486

What came off first

Ecology transfer
− ₦13,750,633
Net allocation
₦1,206,154,852
TotalJan–Jul 2026₦7,072,878,301

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 Ikwerre 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.