FG, States, others share N2.300trn May 2026 revenue

The Federation Account Allocation Committee (FAAC) shared a total of N2.3 trillion to the Federal, State, and Local Governments for May 2026. The June 2026 meeting in Abuja revealed total gross revenue of N3.395 trillion, with distributable statutory revenue of N1.611 trillion and VAT revenue of N688.785 billion. The Federal Government received N818.680 billion, states N759.141 billion, local councils N534.277 billion, plus N188.132 billion as derivation revenue.