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The three tiers of Government, Federal, State and Local government councils shared N1.15 trillion in revenue from the Federation Accounts Allocation Committee, FAAC, in February, 2024. The Director of Press and Public Relations at the Office of the Accountant General of the Federation, Bawa Mokwa disclosed this in a statement. Accordingly, the N1.
15 trillion represents a 1.77 per cent increase from the N1.13 trillion shared in January. Mokwa said the increase reflected a positive shift in the nation’s revenue streams. The FAAC is responsible for reviewing and adopting the allocation of funds to States of the Federal government of Nigeria. Delta State received the highest allocation of N38.1 billion in February followed by Rivers State .
See the full list of allocation to every state for February 2024 below: ABIA: 8.3BN ADAMAWA:8.4BN AKWA IBOM:26.6BN ANAMBRA:10.1BN BAUCHI:8.3BN BAYELSA:22.8BN BENUE:9.7BN BORNO:10.5BN CROSS RIVER:6.6BN DELTA:38.1BN EBONYI:7.3BN EDO:10.2BN EKITI:6.9BN ENUGU:8.5BN GOMBE:7.1BN IMO:9.5BN JIGAWA:9.8BN KADUNA:7.3BN KANO:13.6BN KATSINA:9.8BN KEBBI:8.8BN KOGI:7.4BN KWARA:7.3BN LAGOS:23.6BN NASARAWA:7.7BN NIGER:8.5BN OGUN:7.1BN ONDO:10.3BN OSUN:7.8BN OYO:10.5BN PLATEAU:7.8BN RIVERS:28.4BN SOKOTO:8.
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