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FG, states, LGs share N2.34tn as revenue falls

The Federal Government, states, and local councils shared N2.338tn from August 2026 revenue, a 22.2% decline from the previous month, FAAC has said. Read More: https://punchng.com/fg-states-lgs-share-n2-34tn-as-revenue-falls/

FG, states, LGs share N2.34tn as revenue falls

The Federal Government, states and local government councils shared a total of N2.338 trillion in August 2026, marking a 22.2% decline from the record N3.007 trillion allocated in the previous month. This distribution represented revenue generated in August 2026, according to the Office of the Accountant-General of the Federation. The reduction amounted to N669 billion compared to the N3.007 trillion shared in August FAAC's meeting in July.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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