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FAAC Shares ₦2.26tn April Revenue to FG, States and LGs

Amina Garba
· · 2 min read
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Accountant-General of the Federation Oluwatoyin Madein

The Federation Account Allocation Committee has shared about ₦2.26 trillion in April 2026 revenue among the Federal Government, states and local government councils.

The figure was reported from a statement by the Office of the Accountant-General of the Federation after the FAAC meeting in Abuja. The amount was rounded in reports as ₦2.26 trillion, with the detailed distributable revenue put at about ₦2.257 trillion.

The allocation represents an increase of about ₦217 billion from the roughly ₦2.04 trillion shared for the previous month.

Reports attributed the communiqué to Bawa Mokwa, Director of Press and Public Relations in the Accountant-General’s office. The distribution included statutory revenue, value-added tax and a ₦250 billion augmentation.

The reported breakdown showed the Federal Government receiving ₦787.351 billion, states receiving ₦772.360 billion, and local government councils receiving ₦540.152 billion.

Oil-producing states also received ₦157.254 billion as 13 per cent derivation revenue, according to the figures published from the FAAC communiqué.

The monthly allocation is a major funding source for all tiers of government, and changes in the shared amount can affect salary payments, capital spending and state-level budget planning. Governors and council chairmen are therefore expected to face renewed pressure to show how the higher revenue translates into services and project execution. The latest increase also comes at a time when many states are managing wage commitments, debt deductions, subsidy-related pressures, contractor arrears and infrastructure backlogs.

Sources: Punch, TheNigeriaLawyer, Channels TV.

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Amina Garba

Financial reporter covering CBN policy, oil and gas, government budgets, and macroeconomic trends. Business Writer at NaijaTrend.

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