FAAC Allocation For FG, States In February 2024 [BREAKDOWN]

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.

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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 (N28.4 billion).

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:8.4BN

TARABA:8.1BN

YOBE:7.9BN

ZAMFARA:7.9BN