Lagos Island L.G.A Of LAGOS State

Lagos Island Local Government Area (LGA) is located in the Lagos Central Senatorial District and serves as a historic and economic hub of Lagos State. With a land area of just 5.048 square kilometres, it had a population of 212,700 in 2006, which grew to an estimated 314,900 by 2022, resulting in a staggering population density of 62,378 people per square kilometre[1]. Its geographic coordinates are approximately 6°27′N latitude and 3°24′E longitude.

Lagos Island is the commercial and historical heart of Lagos, hosting the city’s central business district with numerous high-rise buildings and bustling wholesale markets like Idumota and Balogun. It is also a cultural treasure, featuring landmarks such as the National Museum of Nigeria, the Central Mosque, and Christ’s Church Cathedral (CMS). Tinubu Square, a site of historical significance, marks the location of the 1914 Amalgamation Ceremony that unified Northern and Southern Nigeria[2].

Economically, Lagos Island remains a strategic centre for trade and commerce in Nigeria and the West African region. It plays a pivotal role in the Lagos Mega City project, serving as a dynamic hub of business and cultural activities. The area also boasts significant landmarks such as the Oba Palace and Freedom Park[3]. The postal code for Lagos Island is 101223.



Cumulative FAAC Allocation (1999 - 2026)
NGN117,185,733,063.12
-100.0% vs Prev. Year
Current Year Funding
0.0% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
May 2025
NGN1,663,105,547.05
+0.0%
April 2025
NGN1,710,472,224.53
+2.8%
March 2025
NGN1,503,740,887.43
-12.1%
February 2025
NGN1,705,137,220.01
+13.4%
January 2025
NGN1,864,519,698.24
+9.3%
November 2024
NGN1,531,708,679.99
-17.8%

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