- FG, states & local govs shared N2.2 trillion in August.
- That’s up from N2.0 trillion in July.
- FAAC issued the communique confirming the increase.
Nigeria’s three levels of government shared N2.2 trillion in August the highest so far this year.
EDITOR’S PICKS
- Trump Files $15bn Lawsuit Against New York Times
- Airline Operators Commend FG for Suspending 4% Import Levy
- Lagos: UBA branch, Offices Hit as Fire Guts Building in Marina
EKO HOT BLOG reports that the Federation Account Allocation Committee (FAAC) revealed that the combined share for the Federal, State, and Local Governments in August 2025 was N2.2 trillion. This sum marks a noticeable rise compared to July’s N2.0 trillion.
The FAAC communique, signed on Wednesday, did not immediately break down how much each tier (federal, state, or local) received in that total. But the increase signals growing revenue inflows or better management of existing collections.
Analysts say this growth could be linked to stronger VAT collections, improvements in oil export revenues, or perhaps more robust remittances. But for many states and local governments, the key concern will be how reliably this level of revenue can be maintained not just as a one-off bump.
For citizens, the hope is that higher revenue sharing translates to better public services, infrastructure maintenance, and improvements in healthcare, education, and road works. Some governors and local council leaders might now have more resources at their disposal if disbursements are timely.
Still, critics warn that without transparency and accountability, even large inflows may not result in meaningful change. There are often complaints about delayed payments, misallocation, and leakages in budgeting processes at sub-national levels.
The FAAC’s report also raises questions about future expectations: Can this revenue level be sustained amid fluctuating oil prices? What plans do state governments have to absorb this growth in allocations into their yearly budgets? And how will federal policy shifts affect this sharing formula?
In the end, the N2.2 trillion shared in August reflects a mild win for revenue mobilisation and allocation. But many will be watching how well the money is used, and whether it leads to real improvement for people on the ground.
FURTHER READING
- Arrival: Trump Begins Second UK State Visit
- Sowore Sues DSS, Meta, X Over Alleged Social Media Censorship
- Utah Student Charged With Murder of Charlie Kirk, Faces Death Penalty
