The Federation Account Allocation Committee (FAAC) has shared N2.550trillion June 2026 revenue among the federal government, state’s and local government councils in the country.
The revenue was shared during the July 2026 FAAC meeting held in Abuja on Wednesday.
The Director of Press in the Office of the Accountant-General of the Federation, Bawa Mokwa, disclosed this in a statement he issued shortly after the meeting.
He said the N2.550 trillion total distributable revenue comprised distributable statutory revenue of N1.809 trillion and distributable Value Added Tax (VAT) revenue of N740.724 billion.
A communiqué issued by the Federation Account Allocation Committee (FAAC) indicated that total gross revenue of N4.500 trillion was available in the month of June 2026.