Delta State has emerged as the highest recipient of Federal Account Allocation Committee (FAAC) disbursements among Nigeria’s 36 states for May and June 2026, collecting a combined N134.24 billion, according to data released by the National Bureau of Statistics (NBS).
The May-June 2026 FAAC Disbursement Report, released by the NBS on Friday, placed Rivers State second with N125.39 billion, closely followed by Lagos State, which received N125.06 billion.
The difference between Rivers and Lagos stood at approximately N333 million.
Akwa Ibom State received N115.67 billion, while Bayelsa collected N110.31 billion, completing the top five states with the highest combined allocations during the two-month period.
However, the figures revealed a shift in monthly rankings, with Delta losing its first position to Rivers in June despite retaining the overall lead for the period.
Delta Leads In May, Slips Behind Rivers In June
Delta State topped the allocation table in May with N67.81 billion but dropped to second place in June after its allocation fell to N66.44 billion, representing a decline of N1.37 billion.
Rivers State, which ranked third in May with N55.07 billion, surged to the top in June with N70.32 billion, an increase of N15.25 billion.
The rise was driven by increases in both its net statutory allocation, which climbed from N29.89 billion to N38.85 billion, and its Value Added Tax (VAT) allocation, which rose from N23.19 billion to N31.32 billion.
Lagos, which occupied second position in May with N64.71 billion, fell to fourth place in June after its allocation dropped to N60.35 billion, a decline of N4.36 billion.
The reduction was largely linked to a fall in its VAT allocation from N60.28 billion to N55.25 billion, which outweighed the increase in its net statutory allocation from N1.79 billion to N4.73 billion.
Despite the decline, Lagos maintained the highest VAT receipts among the states in both months, reflecting the impact of the VAT-sharing formula, which allocates a portion of revenue based on the location of consumption.
Akwa Ibom’s allocation rose from N53.58 billion in May to N62.09 billion in June, while Bayelsa’s increased from N52.03 billion to N58.28 billion.
Oil-Producing States Share N345.38bn Derivation Fund
The NBS report also showed that oil-producing states shared a combined N345.38 billion from the 13 per cent derivation fund during the two months.
The fund comprised N157.25 billion disbursed in May and N188.13 billion in June, representing an increase of N30.88 billion, or 19.6 per cent.
The five states with the highest combined allocations—Delta, Rivers, Lagos, Akwa Ibom and Bayelsa—were identified in the report as beneficiaries of oil-linked statutory revenue and other allocations.
The derivation fund increased alongside statutory revenue, which rose from N2.13 trillion in May to N2.65 trillion in June.
The 13 per cent derivation fund is deducted from statutory revenue before the remaining balance is distributed among the three tiers of government.
FGN Allocations Also Rise
At the federal level, allocations linked to derivation and other funds also recorded increases between May and June.
The Federal Government’s share of derivation and ecology funds rose from N13.53 billion in May to N14.23 billion in June, bringing the combined figure to N27.76 billion.
Its stabilisation fund allocation increased from N6.76 billion to N7.12 billion, totalling N13.88 billion for the two months.
Similarly, allocations for the development of natural resources rose from N22.73 billion in May to N23.91 billion in June, amounting to N46.64 billion combined.
FCT, NEDC Receive Billions
The Federal Capital Territory (FCT), Abuja, received a combined N54.91 billion in the two-month period.
The amount comprised N24.28 billion in May and N30.62 billion in June.
The report further indicated that the North East Development Commission (NEDC) received N23.23 billion in May and N21.42 billion in June, bringing its total allocation to N44.65 billion.
The commission’s funding was deducted from the Federation Account before the application of the standard revenue-sharing formula.
Source: National Bureau of Statistics (NBS) FAAC Disbursement Report, May–June 2026.
Credit: Leadership newspaper except headline
