Nigeria’s 36 states shared N3.61 trillion in net FAAC allocations in the first half of 2025, Nairametrics analysis shows.
The figure represents states’ direct inflows after statutory deductions, excluding allocations to local governments and other statutory transfers.
The data shows a familiar pattern, oil-producing states dominated disbursements, while large, populous states like Lagos, Kano, and Oyo sustained strong inflows through demographic-driven formulas.
Delta, Rivers, and Lagos collectively accounted for over 22% of total net allocations, underscoring the fiscal weight of oil production and urban consumption hubs.
Meanwhile, Kano, Oyo, Anambra, and Katsina ranked among the top non-oil recipients.
Lagos, Rivers, and Kano led VAT inflows, while Delta and Akwa Ibom gained significant boosts from exchange gains and EMTL, further consolidating their net positions.
Below are the states with the highest FAAC net allocation.
Top Recipients of FAAC Net Allocations
Rivers followed closely with over N264.9 billion, peaking at N46.27bn in February. Its revenues are also oil-driven, reinforcing the dominance of derivation states in FAAC disbursements. Despite strong allocations, Rivers continues to face scrutiny over infrastructure execution and the efficiency of spending, especially given the state’s development gaps despite high revenues. Other allocation details:
- Gross total: N160.80bn
- Exchange gain: N22.79bn
- EMTL: N2.78bn
- VAT: N112.22bn
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