FG, states, LGs get higher revenue as June allocation hits N2.55tn

the Director of Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa.

The Federation Account Allocation Committee has shared N2.55tn among the Federal Government, state governments and local government councils from June 2026 revenue, representing an increase of N250bn from the N2.3tn distributed in the preceding month.

The latest allocation represents a 10.9 per cent month-on-month increase and extends the steady rise in federation revenue this year.

The N2.3tn shared from May revenue was N43bn higher than the N2.26tn distributed from April revenue, while the April allocation exceeded the N2.04tn shared from March revenue by N217bn. The March distribution had also risen by N150bn from the N1.89tn shared from February revenue.

The details were contained in a statement signed by the Director of Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa, on Wednesday after the July 2026 meeting of the Federation Account Allocation Committee held in Abuja.