- Lagos LGs Receive N156.84bn FAAC Allocation in Q1 2026
- Alimosho Emerges Highest Beneficiary
- Ibeju-Lekki Receives Least
The 20 local government areas in Lagos State received a combined net allocation of N156.84 billion from the Federation Account Allocation Committee (FAAC) between January and March 2026, according to figures compiled from the National Bureau of Statistics and the Office of the Accountant-General of the Federation.
Eko Hot Blog reports that the data showed that Alimosho Local Government Area received the highest allocation during the period with N10.08 billion, retaining its position as the largest recipient among councils in the state.
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It was followed by Ajeromi-Ifelodun with N8.45 billion, while Kosofe received N8.37 billion.
Other major beneficiaries include Mushin with N8.30 billion, Oshodi-Isolo with N8.27 billion, and Ojo which received N8.21 billion. Ikorodu got N8.12 billion, while Surulere and Agege received N7.97 billion and N7.86 billion respectively.
The allocations to Ifako-Ijaiye, Somolu, Ikeja, Eti-Osa, Amuwo-Odofin, and Lagos Mainland ranged between N7.46 billion and N7.78 billion during the three-month period.
At the lower end of the table, Badagry received N7.33 billion, Apapa got N7.20 billion, Epe received N7.19 billion, Lagos Island was allocated N7.17 billion, while Ibeju-Lekki recorded the least allocation in the state with N6.95 billion.
The allocations formed part of the nationwide FAAC disbursements to Nigeria’s 774 local government areas, which shared about N1.48 trillion in the first quarter of 2026.
Analysts attribute the increase in allocations to improved crude oil earnings, higher Value Added Tax collections, and growth in other federally generated revenues, a trend that has continued to strengthen local government finances since 2024.
Lagos remains one of the largest beneficiaries of federal allocations due to its large population, extensive commercial activities and significant contribution to the national economy. The state also maintains its position as the highest internally generated revenue earner among Nigeria’s 36 states.
Local government allocations are expected to support grassroots development projects, including road maintenance, primary healthcare, waste management, drainage infrastructure, market rehabilitation and basic education services.
