FAAC: FG, States Share N17tn in H1, Sub-nationals Get N518bn for Infrastructure

The Federation Account Allocation Committee (FAAC) distributed a total of N17.07 trillion to the three tiers of government and other statutory beneficiaries in the first half of 2026. Sub-national governments received N518 billion in special infrastructure funding during May and June. The distribution of funds rose from N2.59 trillion in January to N3.40 trillion in June, reflecting a combination of statutory revenue, augmentations, and other inflows.

Additionally, N750 billion was channelled into two separate security-related funds, comprising N250 billion for a Military Intervention Fund in May and N500 billion for a National Security Emergency Fund in June. The FAAC's distribution statements did not provide specific details on the projects, agencies, or operations financed from these funds.

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