Lagos State Secures ₦626.20bn from FAAC Allocations
Between January and August 2026, Nigeria's 36 states collectively received approximately ₦7.41 trillion from the Federation Account Allocation Committee, as reported by BudgIT and Agora Policy. Lagos State received the largest share, amounting to ₦626.20 billion.
Following Lagos, Delta State received ₦557.13 billion, while Rivers State was allocated ₦503.12 billion. In contrast, Ebonyi State received the smallest allocation, totaling ₦129.13 billion.
This distribution reflects the financial allocations made by the FAAC during the specified period, highlighting the economic dynamics among the states in Nigeria.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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