Nigeria distributes ₦4.50 trillion to government tiers in July
Nigeria’s Federation Account Allocation Committee (FAAC) distributed ₦4.50 trillion in July 2026 from revenue generated in June, according to a July disbursement report published by the National Bureau of Statistics in September. The amount comprised ₦3.45 trillion from the Statutory Account, ₦799.75 billion from Value Added Tax and ₦250 billion in augmentation funds.
Symbolic illustration · Fiscal Policy / Haber Paper
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The federal government received ₦1.06 trillion, states received ₦905.01 billion and local governments received ₦642.89 billion. Oil-producing states shared ₦197.61 billion from the 13% derivation fund. The revenue-collecting agencies NRS and NUPRC received ₦108.83 billion and ₦51.91 billion, respectively, as collection costs.
NBS says the Office of the Accountant General of the Federation supplies FAAC data and NBS reports it. This story covers the July disbursement of June-generated revenue; it should not be confused with separate August allocations announced at a September FAAC meeting. The report says the additional ₦250 billion came from non-oil revenue augmentation.
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