FAAC Revenue Allocation Surges By 10.85% To N2.257trn For April

The Federation Account Allocation Committee (FAAC) has approved the distribution of N2.257 trillion in revenue generated during April 2026 to the three tiers of government, marking a significant 10.85 per cent increase from the preceding month’s allocation.
The substantial fiscal bump represents a net addition of N221 billion over the preceding April meeting, where N2.036 trillion in March revenue was distributed.
The FAAC shared a total of N2.257 trillion in federation revenue for April 2026 among the federal government, states, and the 774 local government areas.
The distribution was approved at the May 2026 FAAC meeting held in Abuja, according to a communiqué issued at the end o...