Nigeria’s Federation Account Allocation Committee (FAAC) distributes April 2026 revenue to the Federal Government (FG), states and local government councils (LGs). According to statements cited by multiple outlets, the total distributable allocation is about ₦2.257 trillion (also reported as ₦2.26 trillion) shared at a May 2026 FAAC meeting held in Abuja. One report says the April allocation increases by about ₦217 billion compared with March, and another describes it as a 10.6% rise.
The accounts also describe the composition of the April distributable pool, including statutory revenue, Value Added Tax (VAT) and an augmentation amount. Outlets provide a breakdown indicating that VAT and augmentation are added to statutory allocations before sharing among the three tiers of government. Additionally, sources report that gross revenue for April is higher than the amount shared, with deductions including collection costs, and other figures covering transfers, refunds and savings.
Reported supporting data includes stronger inflows from items such as companies income tax, import duties, VAT and oil and gas royalties, alongside declines in petroleum profit tax and hydrocarbon tax. The outlets also state the allocation figures for FG, states and LGs, and include the oil-producing states’ 13% derivation component.
