Nigeria Shares N2.257tn in April Federation Account Revenue to States, LGs

Nigeria’s Federation Account in April distributed a total of N2.257 trillion among the federal, state and local tiers of government, reflecting a mix of stronger tax receipts and notable shifts across different revenue heads, the Office of the Accountant General of the Federation said.

April Federation Account allocation and revenue breakdown

1. In a statement issued in Abuja on Monday, Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation, said the April federation revenue was shared at the May 2026 Federation Account Allocation Committee (FAAC) meeting.
2. The N2.257 trillion distributable pool comprised distributable statutory revenue of N1.260 trillion, distributable Value Added Tax (VAT) revenue of N747.088 billion, and an augmentation component of N250.000 billion.
3. The statement said total gross revenue for April 2026 stood at N3.184 trillion, from which deductions for cost of collection were N113.756 billion.
4. Further, transfers, refunds and savings were reported at N813.839 billion, leaving the distributable amount of N2.257 trillion.
5. Gross statutory revenue for April 2026 was recorded at N2.378 trillion, which was higher than the N1.699 trillion recorded in the prior month by N678.224 billion.
6. VAT receipts available in April 2026 were N806.617 billion, up from N664.425 billion in March 2026 by N142.192 billion.

How the distributable revenue was shared

1. From the N2.257 trillion total distributable revenue, the federal government received N787.351 billion and state governments received N772.360 billion.
2. Local government councils were allocated N540.152 billion.
3. Derivation revenue was also shared with benefiting states: N157.254 billion, representing 13% of mineral revenue.
4. For the N1.260 trillion distributable statutory revenue, the federal government received N580.942 billion and states received N294.661 billion.
5. Local governments received N227.172 billion from the statutory component, while the benefiting states again received N157.254 billion as derivation revenue at 13% of mineral revenue.
6. For the N747.088 billion distributable VAT pool, the federal government got N74.709 billion, states received N410.898 billion, and local councils were allocated N261.481 billion.
7. Within the N250.000 billion augmentation, the federal government received N131.700 billion, states received N66.800 billion, and local governments received N51.500 billion.

Changes in revenue heads in April 2026

The FAAC figures showed mixed performance across major tax and non-tax items in April 2026. Companies Income Tax (CIT), Capital Gains Tax (CGT), Stamp Duties (SDT), import duty, oil and gas royalty, and VAT all increased significantly. By contrast, Petroleum Profit Tax (PPT) and hydrocarbon-related charges—Hydrocarbon Tax (HT)—declined considerably. Excise duty and the Customs and Excise Tax (CET) levies fell only marginally.