Kosofe LGA, Lagos State

Kosofe Local Government Area (LGA) is located in the Lagos East Senatorial District, with its administrative headquarters situated in the town of Kosofe[1]. Covering an area of 59.99 square kilometres, Kosofe had a population of 682,772 in 2006, which was projected to rise to 1,010,800 by 2022. This results in a high population density of 16,849 people per square kilometre[2]. Its geographic coordinates are approximately 6°34′N latitude and 3°22′E longitude.

Kosofe's economy is largely driven by trade, with notable markets such as the Binukonu Market and the Ojota Market serving as key hubs for commercial activities[3]. Culturally, Kosofe is known for its vibrant festivals, including the Ogun Festival and the Igunuko Festival, which celebrate the area’s rich traditions. The LGA also features recreational facilities and parks, making it a lively and culturally significant part of Lagos State[4]Kosofe’s postal code is 100.



Cumulative FAAC Allocation (1999 - 2026)
NGN151,172,016,370.74
Current Year Funding
16.7% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
February 2026
NGN2,222,066,548.00
-44.9%
January 2026
NGN4,033,071,939.54
+50.7%
December 2025
NGN2,676,631,199.73
+36.5%
November 2025
NGN1,961,510,793.93
-19.6%
October 2025
NGN2,440,191,387.36
-14.9%
September 2025
NGN2,868,142,911.78
+0.0%

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