Leading States by FAAC Net Distribution in the First Half of 2025: Delta, Rivers, Lagos Lead the Pack
Nigeria's Net FAAC Allocations for the First Half of 2025: A Breakdown
In the first half of 2025, Nigeria's 36 states received a total of N3.61 trillion in net FAAC allocations. This amount was distributed after statutory deductions, excluding allocations to local governments and other statutory transfers.
The oil-producing states dominated the disbursements, with Delta, Rivers, and Lagos collectively accounting for over 22% of the total net FAAC allocations.
Delta State received N299.96bn, amounting to 8.31% of the total. Akwa Ibom State followed closely behind with N230.99bn, accounting for 6.40% of the total. Rivers State received N264.90bn, representing 7.34% of the total.
Lagos State, the largest and most populous city in Nigeria, had the highest net allocation with N236.92bn, amounting to 6.56% of the total.
Kano, Oyo, Anambra, and Katsina ranked among the top non-oil recipients of net FAAC allocations. Kano State received N120.04bn, amounting to 3.32% of the total. Oyo State received N95.28bn, accounting for 2.64% of the total. Anambra State received N89.83bn, representing 2.49% of the total. Katsina State also received N88.14bn, also accounting for 2.44% of the total.
Bayelsa State received N229.56bn, representing 6.36% of the total. Ondo State received N88.11bn, accounting for 2.44% of the total.
The governors of the top recipients of FAAC allocations for the first half of 2025 are from Lagos State (Babajide Sanwo-Olu), Kano State (Abdullahi Ganduje), and Rivers State (Siminalayi Fubara).
The states' FAAC net allocation breakdowns varied. For instance, Ondo State's FAAC net allocation breakdown was as follows: gross total - N42.71bn, exchange gain - N7.13bn, EMTL - N2.12bn, VAT - N42.50bn.
Lagos, Rivers, and Kano led VAT inflows. The specific states with the highest FAAC net allocation were not specified in the provided paragraph.
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