FAAC allocations to federal, state and local government
Figures below refer to 30 June 2026 unless stated otherwise.
The claim
Federation Account Allocation Committee disbursements rose sharply in 2026, driven largely by the February executive order on direct remittance.
Figures
January–May 2026: ₦10.45tn distributed, against ₦8.30tn in the same period of 2025 — a 25.85% increase. Monthly 2026: Jan ₦1.96tn, Feb ₦1.89tn, Mar ₦2.04tn, Apr ₦2.26tn, May ₦2.30tn. Split over the period: federal ₦3.72tn, states ₦3.56tn, local governments ₦2.51tn. June 2026 was the highest single month of the year at ₦2.55tn distributed from gross ₦4.501tn (FG ₦923.4bn, states ₦838.2bn, LGs ₦591.4bn, 13% derivation ₦197.6bn). Longer arc: FAAC rose 79% from ₦16.28tn in 2023 to ₦28.78tn in 2024.
The counter-argument
More money reaching states has not automatically become services. Many states still had not implemented the ₦70,000 minimum wage for local-government staff, primary teachers and primary healthcare workers. Rising allocations are an argument for holding governors accountable, not proof that delivery improved.
Sources
- BusinessDay — FAAC up 26% to ₦10.45tn in five monthsbusinessday.ng
- BusinessDay — June 2026 FAAC ₦2.55tnbusinessday.ng