Federal, States, Local governments Share ₦2.300 Trillion For 2026 May Allocation

The Federation Account Allocation Committee (FAAC) has shared ₦2.3 trillion naira to the three tiers of government as revenue allocation for May 2026. The figure confirmed at the June 2026 FAAC meeting, comprises ₦1.611 trillion naira from Statutory Revenue and ₦688.785 billion naira from VAT. Of the total distributable revenue, Federal Government...