FAAC: FG, States Share N17tn in H1, Sub-nationals Get N518bn for Infrastructure

THISDAYLIVE | 22-09-2026 12:25am |

The Federation Account Allocation Committee distributed about N17.07 trillion to the three tiers of government and other statutory beneficiaries in the first half of 2026. Analysis of monthly disbursement statements from the Office of the Accountant General of the Federation showed total gross allocations rose from N2.59 trillion in January to N3.40 trillion in June. Sub-national governments received N518 billion in special infrastructure funding in May and June, while N750 billion was channelled into two security-related funds: N250 billion for a Military Intervention Fund in May and N500 billion for a National Security Emergency Fund in June. The documents did not provide details of the projects involved.

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