The Federal Government, state governments and the 774 local government councils shared a combined N17.12 trillion from the Federation Account between January and August 2026. The Federal Government received the largest allocation of N6.53 trillion, while states collected N6.21 trillion and local governments N4.38 trillion, according to Nairametrics' review of monthly Federation Account Allocation Committee (FAAC) reports issued by the Office of the Accountant-General of the Federation.
The disbursements covered revenue generated between December 2025 and July 2026, with each monthly allocation reflecting collections from the preceding month.
By share, the Federal Government accounted for 38.2% of the N17.12 trillion distributed during the period, states took 36.2% and local government councils received 25.6%.
Allocations were highest in the later months of the review period:
- August recorded the largest combined disbursement at N2.76 trillion, covering July 2026 revenue. The Federal Government received N1.15 trillion, states N943.35 billion and local governments N673.65 billion. - July ranked second at N2.60 trillion from June revenue, with the Federal Government receiving N1.06 trillion, states N905.01 billion and local governments N642.89 billion. - March recorded the lowest combined figure of N1.78 trillion, covering February revenue, with N675.09 billion to the Federal Government, N651.53 billion to states and N456.47 billion to local governments.
Monthly allocations climbed from N2.10 trillion in May to N2.11 trillion in June, N2.60 trillion in July and N2.76 trillion in August. The Federal Government's monthly receipts crossed the N1 trillion mark for the first time in July and rose further in August.
At the state level, Delta replaced Lagos as the largest FAAC recipient in the second quarter of 2026. Nigeria's 36 states received N2.39 trillion in the second quarter, up N259.41 billion, or 12.2%, from N2.13 trillion in the first quarter. Delta's allocation rose by N44.59 billion, or 31.1%, from N143.42 billion to N188.01 billion, comprising N53.77 billion in April, N67.81 billion in May and N66.44 billion in June. Rivers posted a larger absolute increase of N48.07 billion, or 38.8%, moving from N123.96 billion to N172.03 billion.
