Tax collections swell FG, States, LGAs’ April revenue to N2.26trn

From Adanna Nnamani , Abuja
The federal government, 36 states and the 774 local government councils shared N2.257 trillion from the Federation Account in April 2026.
The figure reflects improved government earnings driven by stronger tax collections and increased oil and gas royalty receipts. The revenue allocation was approved at the May 2026 meeting of the Federation Account Allocation Committee (FAAC) held in Abuja.
A communiqué issued after the meeting showed that the distributable revenue consisted of N1.260 trillion in statutory revenue, N747.088 billion from Value Added Tax (VAT), and an augmentation of N250 billion.
The latest allocation is one of the highest monthly di...