The Federation Account Allocation Committee (FAAC) disbursed N6.58 trillion to the Federal, States and Local Governments in May and June 2026, the National Bureau of Statistics (NBS) has said.
According to NBS, N3.18trn was shared in May and N3.40trn in June, an increase of N210.68bn or 6.6%.
Breakdown shows the Federal Government received N1.61trn, States N1.53trn, and Local Governments N1.07trn within the period.
Oil-producing states got N345.38bn as 13% derivation fund.
The total was sourced from N4.78trn Statutory Account, N1.55trn VAT and N250bn augmentation from non-oil revenue in May.
Statutory revenue rose 24.4% from N2.13trn in May to N2.65trn in June, while VAT dropped 7.8% from N806.62bn to N743.67bn.
NBS said the data was provided by the Office of the Accountant General of the Federation.
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