FAAC: FG, States, LGCs share massive N2.550tn as June revenue
Why This Matters
The massive N2.550 trillion revenue shared among Nigeria's three tiers of government in June 2026 underscores the country's significant fiscal capacity, which can be leveraged to drive economic growth and development. This substantial revenue allocation also highlights the federal government's ability to manage and distribute funds effectively, albeit amidst ongoing economic challenges. The June revenue share is a crucial indicator of Nigeria's fiscal performance and its potential to meet its development goals.
Nigeria’s three tiers of government, comprising the federal government, states and local government councils, shared a significant total sum of N2.550 trillion in June 2026 Federation Account revenue. The director of the Office of the Accountant General of the Federation, Bawa Mokwa, disclosed this in a statement on Wednesday. The revenue was shared at the […] FAAC: FG, States, LGCs share massive N2.550tn as June revenue
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