4 results for “States”
The Federation Account Allocation Committee distributed N2.428 trillion to the Federal Government, states and local councils from N3.913 trillion gross revenue for September 2026, with Value Added Tax emerging as the states' single largest allocation source.
The three tiers of government shared N2.428 trillion for September 2026, up N90 billion from August, as gross statutory revenue rose 8.6% on higher oil receipts while VAT collections fell 2.2%.
Nigeria's 36 states and the FCT collected N2.64 trillion in PAYE taxes in 2025, a 40.3% rise, as personal income tax dominated sub-national revenue.
The sharp month-on-month rebound strengthened state revenue, but comparisons with December require care because deductions and the timing of collections can move between periods.