By Abiola Olawale
The total of 36 states in Nigeria have collectively pocketed N4.43 trillion in net allocations from the Federation Account Allocation Committee (FAAC) between January and July 2025.
The latest data from the National Bureau of Statistics and FAAC communiqués reveal a 12% year-on-year increase from the same period in 2024.
It was gathered that the surge was driven by higher global oil prices, naira stabilization efforts, and enhanced non-oil revenue streams.
At the forefront of this allocation is Delta State, the oil-rich powerhouse in the South-South zone, which clinched the lion’s share thanks to its 13% derivation revenue from mineral resources.
It was gathered that Delta State has secured N361.23 billion in allocation between January and July 2025.
Delta State is followed closely by Rivers (N301.18 billion), Lagos (N279.03 billion), Akwa Ibom (N278.11 billion), and Bayelsa (N274.81 billion).
These top five states alone accounted for nearly 35% of the total FAAC disbursement to all states within the seven months.
At the bottom of the distribution are Ekiti State, which got N70.83 billion, and Ogun State, which got N67.20 billion.
Despite its huge population, northern states collectively received smaller shares of the FAAC pie.
Kano, the most populous northern state, ranked sixth overall with N149.81 billion, while Katsina (N109.31 billion), Borno (N110.00 billion), and Jigawa (N106.87 billion) trailed far behind the oil-rich southern states.
States in the Middle Belt such as Benue State got N104.58 billion), Niger (N97.38 billion), Kogi (N95.20 billion), within the period in review.
Meanwhile, southeastern states such as Anambra (N111.85 billion), Enugu (N92.71 billion), and Abia (N98.12 billion) received moderate disbursements.
