Delta, Rivers, Lagos Lead FAAC Allocation in H1 2025; Analysis Reveals Top States

In the first half of 2025, a Nairametrics analysis revealed the top 10 Nigerian states by FAAC net allocation. Delta, Rivers, and Lagos led the allocation chart, with the trio collectively receiving 22% of the total net allocation.
States like Lagos, Kano, and Oyo maintained strong inflows, while Kano, Oyo, Anambra, and Katsina ranked high in VAT receipts. Notably, Delta and Akwa Ibom saw gains from exchange rates.
Ondo, a minor oil producer, rounded up the top 10 with a significant allocation boost in May. The allocation distribution highlighted the fiscal weight of oil-producing states and urban consumption hubs in Nigeria's revenue sharing system.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
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