Nigeria's Government Allocates N17.12 Trillion in 2026

Between January and August 2026, the Federal Government, state governments, and local government councils received a total of N17.12 trillion in allocations from the Federation Account. The Federal Government received the largest share of N6.53 trillion, accounting for 38.2% of the total, while state governments received N6.21 trillion (36.2%) and local councils received N4.38 trillion (25.6%).

The disbursements, which covered revenue generated from December 2025 to July 2026, showed a significant increase in allocations starting in May, reaching N2.76 trillion in August. Notably, the Federal Government's monthly receipts surpassed N1 trillion for the first time in July.

Delta state saw a 31.1% increase in its allocation, while Lagos was the only state to experience a decline in FAAC receipts between the first and second quarters. The increase in allocations coincides with Nigeria's ongoing dependence on oil revenue and the fiscal relief attributed to the removal of petrol subsidies, which President Bola Tinubu stated helped avert bankruptcy and foster economic recovery.