Federal Government Allocates ₦832 Billion in September 2026

In September 2026, the Federal Government, state governments, and local government councils shared a total of ₦2.428 trillion from the Federation Account and Value Added Tax (VAT) revenue. This amount is ₦90 billion higher than the ₦2.338 trillion shared in August.

The distribution included ₦1.672 trillion from statutory revenue and ₦756.587 billion from VAT. The Federal Government received ₦832.242 billion, state governments received ₦799.872 billion, and local government councils received ₦560.660 billion.

Additionally, ₦236.049 billion was allocated among states entitled to 13 percent derivation revenue from mineral resources. The total gross revenue generated in September was ₦3.913 trillion, with ₦131.758 billion deducted for collection costs and ₦1.352 trillion going into transfers, refunds, and savings.

While gross statutory revenue rose to ₦3.096 trillion, VAT revenue decreased to ₦816.872 billion. Despite declines in certain tax revenues, the increase in statutory revenue contributed to the overall rise in shared funds.