Report: FAAC Recorded N18.72tn Gross Revenue, Disbursed N12.59tn in Half-year 2026

. FG receives N4.57tn; States, N4.47tn; LGs, N3.13tn

. Lagos remains highest recipient of gross FAAC allocations with N477.05bn

Ndubuisi Francis in Abuja

Gross Federation Account Allocation Committee (FAAC) revenue in the first half of 2026 stood at N18.72 trillion, while actual disbursements to the three tiers of government totalled N12.59 trillion, or 67 per cent of aggregate revenue generated in the reference period, according to a report released at the weekend by Agora Policy.

The remaining sum of N6.13 trillion (33 per cent) was deducted for savings, interventions, refunds, transfers, and collection costs.

Report: FAAC Recorded N18.72tn Gross Revenue, Disbursed N12.59tn in Half-year 2026

Other newsrooms on this story

Related reading

FAAC allocations to FG, States, LGs jump to N2.25trn - Businessday NG

FAAC: FG States, LGs share N2.6 trn

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

States, FG, LGs share N2.3tn FAAC revenue

FAAC allocation soars by 26% to N10.45trn in 5months - Businessday NG

FG, states, LGs share N2.26tn as April revenue climbs