DISBURSEMENTS from the Federation Account Allocation Committee (FAAC) to the three tiers of government climbed sharply to N33.27 trillion in the first 11 months of 2025, representing a 30 percent increase from the N25.46 trillion shared within the same period in 2024.

The increase in the FAAC allocation means that governors are now getting more money to develop their states, even though there are no visible developments in many of them. Local governments, too, are getting more money, but much of the money is still being held by the governors despite the Supreme Court judgment that gave full automomy to local councils

Data from the monthly Federation Accounts Allocation Committee (FAAC) disbursement report released by the National Bureau of Statistics (NBS) on Friday also showed that the January–November 2025 figure surpassed the total of N28.6 trillion disbursed throughout the entire 2024 fiscal year.

An analysis of the FAAC reports for 2025 indicates that N2.31 trillion was shared in January, rising to N2.64 trillion in February before easing to N2.34 trillion in March. Disbursements increased again to N2.41 trillion in April and N2.85 trillion in May.

The upward trend continued in the second half of the year, with N2.94 trillion released in June, followed by a significant jump to N4.33 trillion in July. FAAC allocations stood at N3.83 trillion in August, N3.64 trillion in September, N3.05 trillion in October and N2.93 trillion in November 2025.

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By comparison, FAAC records for 2024 show that a total of N28.6 trillion was distributed during the year. Monthly disbursements included N1.67 trillion in January, N2.07 trillion in February, N2.33 trillion in March, N1.87 trillion in April, N2.32 trillion in May and N2.32 trillion in June.

Further allocations in 2024 stood at N2.68 trillion in July, N2.61 trillion in August, N2.27 trillion in September, N2.66 trillion in October, N2.66 trillion in November and N3.14 trillion in December.

The N33.27 trillion shared between January and November 2025 was made up of N23.87 trillion from the statutory account, N7.77 trillion from Value Added Tax, N392.78 billion from the Electronic Money Transfer Levy (EMTL), as well as exchange gains.

From the total amount, the federal government received N6.865 trillion, state governments got N6.713 trillion, while local government councils were allocated N4.905 trillion.

A breakdown of federal allocations shows receipts of N451.19 billion in January, N552.59 billion in February, N569.66 billion in March, N528.70 billion in April, N565.31 billion in May and N538 billion in June. Disbursements rose in the latter part of the year, with the federal government receiving N645.38 billion in July, N735.08 billion in August, N810.05 billion in September, N711.31 billion in October and N758.41 billion in November.

State governments received N498.49 billion in January, N593.70 billion in February, N562.19 billion in March, N530.45 billion in April, N556.74 billion in May and N577.84 billion in June. Allocations to states increased to N607.41 billion in July, N660.41 billion in August, N709.83 billion in September, N727.17 billion in October and N689.12 billion in November 2025.

Local government councils, on their part, received N361.75 billion in January, N431.48 billion in February, N410.50 billion in March, N397 billion in April, N406.63 billion in May and N419.97 billion in June. The figures rose to N444.85 billion in July, N485.03 billion in August, N522.23 billion in September, N529.95 billion in October and N505.80 billion in November.

Revenue-generating agencies also benefited from the improved inflows, with the Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) receiving N332.86 billion, N618.35 billion and N295.61 billion respectively between January and November 2025.

The sustained growth in revenue has been linked to economic reforms introduced by the Tinubu administration. Upon assuming office in 2023, President Bola Tinubu implemented the removal of petrol subsidies and unified the foreign exchange rate system—policies aimed at boosting government revenue and attracting investment.

With petrol and foreign exchange subsidies gone, the Tinubu’s government has diverted the money to FAAC to improve lives across the nation.