FG, States, LGs Share N2.257 Trillion FAAC Revenue for April 2026
Last update: June 15, 2026
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April was a bumper month for Nigeria’s three tiers of government, with over N2.2 trillion shared from the Federation Account. Here’s who got what.
The Federal Government, states and local government councils shared a total of N2.257 trillion from the Federation Account in April 2026, cbinews.tv reports.
Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation, confirmed the figures in a statement on Monday. The money was distributed during the May 2026 Federation Account Allocation Committee, FAAC, meeting held in Abuja.
So where did the N2.257 trillion come from? It was made up of N1.260 trillion in distributable statutory revenue, N747.088 billion from Value Added Tax, VAT, and an augmentation of N250.000 billion.
Overall, gross revenue for April hit N3.184 trillion. After deductions, N113.756 billion went to the cost of collection, while N813.839 billion was set aside for transfers, refunds, and savings.
Breaking it down further, gross statutory revenue for April came in at N2.378 trillion. That’s N678.224 billion higher than the N1.699 trillion recorded in March 2026. VAT also climbed, with N806.617 billion available in April, up N142.192 billion from March’s N664.425 billion.
Now to the sharing. From the N2.257 trillion distributable pot, the Federal Government received N787.351 billion. State governments got N772.360 billion, while local government councils took home N540.152 billion. The oil-producing states received N157.254 billion as 13% derivation revenue from mineral earnings.
Looking at the statutory revenue alone, the N1.260 trillion was split as follows: the Federal Government got N580.942 billion, states received N294.661 billion, local governments got N227.172 billion, and N157.254 billion went to derivation.
For VAT revenue, the Federal Government received N74.709 billion from the N747.088 billion pool. States took the largest share with N410.898 billion, and local governments got N261.481 billion.
The N250.000 billion augmentation was also shared. The Federal Government received N131.700 billion, states got N66.800 billion, and local governments were allocated N51.500 billion.
What drove the numbers? April 2026 saw significant increases in Companies Income Tax, CIT, Capital Gains Tax, Stamp Duties Tax, import duty, oil and gas royalty, and VAT. On the flip side, Petroleum Profit Tax, PPT, and Hydrocarbon Tax recorded considerable drops. Excise duty and CET levies fell marginally.
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