{
  "id": 13067782,
  "title": "How Nigeria’s 36 states shared N4.83tn in 6 months",
  "url": "https://urgent.news/2026/10/09/how-nigerias-36-states-shared-n4-83tn-in-6-months",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T06:32:59.000Z",
  "source": {
    "name": "Daily Trust",
    "slug": "daily-trust",
    "url": "https://dailytrust.com/how-nigerias-36-states-shared-n4-83tn-in-6-months/"
  },
  "original_language": "en",
  "account": "Between January and June 2026, Nigeria's 36 states collectively received a total of N4.83 trillion (4,832,229,131,576.51) from the Federation Account Allocation Committee (FAAC). The allocations were distributed to the states according to constitutional and statutory formulas, with Delta, Lagos, Rivers, Akwa Ibom and Bayelsa receiving the highest amounts, respectively, amounting to N369.87 billion, N368.79 billion, N331.73 billion, N300.73 billion and N289.19 billion. Kano State was the highest recipient outside the top five, with N158.49 billion. The allocations are intended to fund states' constitutional responsibilities, including salaries, pensions, roads, healthcare, education, security, agriculture, and infrastructure projects. FAAC, comprising representatives from federal, state, and local governments, meets monthly to distribute revenues. Oil-producing states receive an additional 13% derivation from oil revenues. While an increase in FAAC allocation does not necessarily indicate a state generated more revenue internally, it reflects changes in total revenue available for distribution, influenced by crude oil production, international oil prices, exchange rates, and federal tax collections. The analysis also revealed that there are 10 states with the least FAAC allocation, with Cross River receiving the lowest at N75.87 billion. Public policy expert Adeyemi Kayode emphasized the importance of accountability from leaders and urged citizens to demand clear answers on how funds are utilized, as the 2027 election approaches.",
  "summary": "Nigeria’s 36 states received N4.83 trillion (4,832,229,131,576.51) in total from the Federation Account Allocation Committee (FAAC) between January and June 2026. An analysis of Federation Account Allocation Committee (FAAC) allocations to the 36 states over the six-month period showed that Delta, Lagos, Rivers, Akwa Ibom and Bayelsa received the highest amounts, respectively. Delta State…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}