FG, States, LGs Share 6trn FAAC Disbursements in Q3 2025
The Federal Government, states, and local governments shared 6 trillion in Federation Account Allocation Committee (FAAC) disbursements in Q3 2025. The federal government received 2.19trn, states received 1.97trn, and local governments received 1.45trn. Lagos State recorded the highest revenue at 179.3bn, while Nasarawa State received the lowest allocation of 42.5bn. The distribution also showed that nine oil-producing states received 424bn as 13% derivation revenue. Will this significant allocation impact your state's development or is it just another statistic?