Delta replaces Lagos as largest FAAC recipient in Q2 2026
Nigeria’s 36 states received a combined N2.39 trillion from the Federation Account in the second quarter of 2026, representing a N259.41 billion, or 12.2%, increase from the N2.13 trillion received in the first quarter. The post Delta replaces Lagos as largest FAAC recipient in Q2 2026 appeared first on Nairametrics .
In the second quarter of 2026, Nigeria's 36 states collectively received N2.39 trillion from the Federation Account, marking a 12.2% increase from N2.13 trillion in the previous quarter. Delta emerged as the top recipient, taking in N188.01 billion, a rise of N44.59 billion, or 31.1% from N143.42 billion in Q1. Rivers and Akwa Ibom followed in second and third place, respectively, with N172.03 billion and N160.51 billion allocations.
Lagos, previously the largest recipient with N200.21 billion in Q1, saw its allocation drop to N165.57 billion, a decline of N34.64 billion or 17.3%. This redistribution among the states highlights the growing significance of Value Added Tax (VAT) in determining individual state revenues. While Delta was the largest recipient, Lagos was the only non-oil-producing state in the top five, suggesting a shift in the composition of state FAAC receipts.
Most states recorded increases in their allocations between Q1 and Q2, but Lagos was the sole state to experience a decline in total FAAC receipts.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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