FG, States, LGs Share N2.257tn April 2026 Revenue

The Federation Account Allocation Committee (FAAC) has disbursed a total of N2.257 trillion to the Federal Government, State Governments and the 774 Local Government Councils as revenue collected in April 2026.

This was approved during the meeting of the Federal Executive Agency (FAAC) in Abuja recently.

The sum of the revenue distributable, according to the communiqué, was N1.260 trillion from statutory revenue, N747.088 billion from Value Added Tax (VAT) and N250 billion as augmentation.

FAAC revealed that a total gross revenue of N3.184 trillion was available in April 2026. But N113.756 billion was deducted for cost of collection and N813.839 billion was allocated for transfers, refunds and savings.

Gross statutory revenue for the month was N2.378 trillion, up by N678.224 billion from the N1.699 trillion in March 2026, the committee noted.

Likewise, gross VAT revenue increased to N806.617 billion in April, an increase of N142.192 billion from the N664.425 billion recorded in March.

The breakdown of the N2.257 trillion distributable revenue revealed that the Federal Government got N787.351 billion, while the 36 states got N772.360 billion.

The 774 local government councils received N540.152 billion while the oil-producing states received N157.254 billion as 13 per cent derivation revenue from mineral earnings.

The Federal Government received N580.942 billion, states received N294.661 billion and local government councils received N227.172 billion of the N1.260 trillion statutory revenue. The oil-producing states also had N157.254 billion derivation revenue.

The Federal Government collected N74.709 billion, states collected N410.898 billion and local governments collected N261.481 billion out of the total distributable VAT revenue of N747.088 billion.

The N250 billion augmentation was distributed with N131.700 billion going to the Federal Government, N66.800 billion to states and N51.500 billion to local governments.

The Companies Income Tax (CIT), Capital Gains Tax (CGT), Stamp Duties (SDT), Import Duty, Oil and Gas Royalties, and Value Added Tax (VAT) showed positive growth in collections for the month under review, according to FAAC.

Revenue from Petroleum Profit Tax (PPT) and Hydrocarbon Tax (HT) dropped significantly, while the revenue from Excise Duty and Common External Tariff (CET) Levies showed marginal decreases.

Statutory and VAT revenues were also higher, helping to expand the distributable pool for April, and adding more money to the coffers of all three levels of government.