- Lagos Rakes in N55.83bn as FAAC Shares N706bn Among States
- Trailing behind Lagos was Delta State, which received ₦47.15 billion, including ₦11.43 billion from VAT
- Data from the National Bureau of Statistics showed that a total of ₦2.59 trillion was distributed among the three tiers of government
Lagos State recorded the highest allocation among Nigeria’s 36 states in the latest Federation Accounts Allocation Committee (FAAC) disbursement, receiving ₦55.83 billion from the ₦706.47 billion shared for December 2025 revenue.
Eko Hot Blog reports that the strong showing was largely driven by a significant increase in the state’s Value Added Tax (VAT) earnings, which rose to ₦50.12 billion.
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This represents a sharp jump compared to the ₦25.21 billion received in December and ₦40.07 billion in November, highlighting Lagos’ continued dominance in VAT generation.
Trailing behind Lagos was Delta State, which received ₦47.15 billion, including ₦11.43 billion from VAT. Akwa Ibom State followed with ₦35.89 billion, with its VAT share put at ₦10.82 billion.
At the lower end of the allocation table, Ogun State received ₦12.78 billion, Cross River State got ₦12.64 billion, while Ekiti State recorded a negative allocation of ₦-6.69 billion, despite earning ₦8.96 billion from VAT.
Data from the National Bureau of Statistics showed that a total of ₦2.59 trillion was distributed among the three tiers of government. This included ₦1.63 trillion from the statutory account, ₦39.91 billion from the Electronic Money Transfer Levy (EMTL), and ₦913.96 billion from VAT.

Out of the total sum, the Federal Government received ₦653.50 billion, while the 36 states shared ₦706.47 billion. The 774 local government councils got ₦513.27 billion.
Additionally, oil-producing states benefited from ₦96.08 billion under the 13 per cent derivation fund.
The report also indicated that key revenue-generating agencies, including the Nigeria Customs Service, Federal Inland Revenue Service (now Nigeria Revenue Service), and the Nigerian Upstream Petroleum Regulatory Commission, received allocations to cover the cost of revenue collection.




