{
  "id": 18503079,
  "title": "Delta tops state FAAC disbursements at N98.27 billion as Lagos drops to fifth",
  "url": "https://urgent.news/2026/11/06/delta-tops-state-faac-disbursements-at-n98-27-billion-as-lagos-drops",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T13:20:46.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/11/06/delta-tops-state-faac-disbursements-at-n98-27-billion-as-lagos-drops-to-fifth/"
  },
  "original_language": "en",
  "account": "Delta State received the highest net allocation from Nigeria's 36 states in August 2026, with N98.27 billion. Lagos fell to fifth place, despite contributing the highest net VAT allocation of N34.79 billion. The Federation Account Allocation Committee (FAAC) reported that the 36 states collectively received N1.07 trillion in net disbursements, a 52.44% increase from N704.01 billion in August 2025. Six oil-producing states - Delta, Rivers, Bayelsa, Akwa Ibom, Ondo, and Imo - comprised the top four positions, highlighting the impact of derivation revenue on state allocations. The top 10 states together received N521.41 billion, or 48.58% of the total net disbursements, compared to N315.13 billion, or 44.76% in August 2025, marking a 65.46% increase.",
  "summary": "Delta State received the highest net allocation among Nigeria’s 36 states in August 2026, with N98.27 billion. The post Delta tops state FAAC disbursements at N98.27 billion as Lagos drops to fifth appeared first on Nairametrics .",
  "key_points": [
    "Delta State received highest net allocation at N98.27 billion from FAAC",
    "Lagos dropped to fifth place despite highest net VAT allocation of N34.79 billion",
    "Oil-producing states Delta, Rivers, Bayelsa, Akwa Ibom, Ondo, Imo led top four positions"
  ],
  "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."
}