Nigeria, Sept. 25 -- The Federation Account Allocation Committee (FAAC) disbursed N3.18 trillion and N3.40 trillion to the three tiers of government in May and June 2026, respectively, according to the National Bureau of Statistics (NBS).

The figures, released by the NBS on Friday, show that the amount allocated in June was about N210.68 billion higher than in May.

In total, N6.58 trillion was allocated through FAAC over the two months.

The NBS data showed that the June allocation comprised N818.68 billion for the Federal Government, N759.14 billion for the states, and N534.28 billion for the 774 local government councils.

Oil-producing states also received N188.13 billion as their 13 per cent derivation allocation.

The June figure i...