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flag Nigeria distributed $2.5 billion in January 2026, with federal, state, and local governments receiving shares from oil and tax revenues.

flag In January 2026, Nigeria's FAAC distributed ₦1.969 trillion from December 2025's federation account revenue, up from ₦1.928 trillion in November. flag The federal government received ₦653.5 billion, states ₦706.469 billion, and local governments ₦513.272 billion. flag Revenue sources included ₦1.084 trillion in statutory revenue, ₦846.507 billion in VAT, and ₦38.110 billion in EMTL. flag VAT and companies’ income tax rose, while petroleum profit tax, excise duty, and EMTL declined. flag The federal government also received ₦96.083 billion in derivation revenue. flag Total gross revenue was ₦2.585 trillion, with ₦616.282 billion deducted for costs and transfers.

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