FAAC September Revenue Allocations

The Federal Government, state governments, and local councils shared ₦2.428 trillion from the Federation Account and VAT revenue for September 2026, with the Federal Government receiving ₦832.242 billion. Despite drops in some tax revenues, total statutory revenue increased.

The Federation Account Allocation Committee disbursed N2.428 trillion to federal, state, and local governments for September 2026, with total federation revenue reaching N3.913 trillion. This allocation exceeded August's by N90 billion, reflecting changes in inflation and revenue

The Federation Account Allocation Committee shared N2.428tn in October 2026, reflecting a N90bn increase from September. This rise is attributed to improved oil revenue despite a decline in Value Added Tax collections.