The Nigerian Federal Allocation Committee (FAAC) has shared a total of N2.26 trillion to the three tiers of government – federal government, states and local governments as federal allocation for the month of April 2026.
The Director of Press and Public Relations Office of the Accountant General of the Federation (OAGF), Bawa Mokwa, said in a statement on Monday in Abuja that the total gross revenue of N3.184 trillion was available in the month of April 2026.
According to the statement, the figure for April 2026 is higher than the sum of N1.699 trillion received in the preceding month of March by N678.224 billion.
It explained that the total distributable revenue comprised distributable statutory revenue of N1.260 trillion, distributable Value Added Tax (VAT) revenue of N747.088 billion, and augmentation of N250 billion.
It added that the the total cost of collection was N113.756 billion, while total transfers, refunds, and savings were N813.839 billion.
It explained that out of the revenue allocation, the federal government received N787.351 billion, while the state governments received N772.360 billion.
It added that the local governments received N540.152 billion, while N157.254 billion (13% of mineral revenue) was shared among the beneficiary states as derivation revenue.
According to the statement, from the distributable Value Added Tax (VAT) revenue of N747.088 billion, the Federal Government received N74.709 billion, the States got N410.898 billion, while the local governments, N261.481 billion.
GIK/APA