Top 10 States with the highest FAAC disbursement in July 2025 

The Federation Account Allocation Committee (FAAC) continues to play a pivotal role in Nigeria’s fiscal framework, disbursing monthly revenue from oil and non-oil sources to states and local governments.

These allocations remain vital for funding public salaries, infrastructure projects, and social services at the subnational level.

According to FAAC data for July 2025, total allocations to the 36 states rose to N704.01 billion, up from N648.78 billion in June 2025. This represents an increase of about N55.22 billion or 8.51% year-on-year, signaling a modest rebound in federally distributable revenues.

The surge reflects improved exchange rate adjustments and a higher revenue take from VAT and import duties. Still, the top recipients remain in a group of states—those with strong oil production bases or significant economic weight.

10 States that received the highest allocations in July 2025 

Edo State — N17.84 billion

Edo ranked 10th on the FAAC allocation chart for July 2025, receiving a net amount of N17.84 billion. This marks a notable increase compared to its June 2025 allocation, which stood at N16.39 billion, a difference of N1.45 billion, translating to an 8.86% increase.

• Gross total: N20.00bn
• Exchange gain: N292.68m
• EMTL: N475.35m
• VAT: N7.72bn

Edo’s growth was supported by steady VAT inflows, stable oil prices, and exchange rate adjustments. The state’s emerging oil derivation revenue continues to strengthen its fiscal position.

Anambra State — N18.27 billion

Anambra received N18.27 billion in July 2025, compared to N16.86 billion a year earlier, an increase of N1.41 billion or 8.36%.

• Gross total: N18.82bn
• Exchange gain: N296.11m
• EMTL: N536.78m
• VAT: N7.97bn

Anambra has seen steady growth in federal allocations, reflecting solid fiscal management and steady federal support for development projects.

Borno State — N18.28 billion

Borno’s FAAC inflow stood at N18.28 billion in July 2025, rising from N16.82 billion in June 2025, an increase of N1.46 billion or 8.69%.

• Gross total: N18.58bn
• Exchange gain: N316.04m
• EMTL: N455.12m
• VAT: N7.60bn

The improvement mirrors federal intervention programs aimed at rebuilding the state and supporting displaced populations in the state.

Oyo State — N19.67 billion

Oyo State received N19.67 billion in July 2025, compared to N18.55 billion in June 2025, marking a 6.02% increase.

• Gross total: N22.68bn
• Exchange gain: N285.31m
• EMTL: N578.44m
• VAT: N12.59bn

The steady growth is attributed to higher VAT inflows and adjustments in the distribution indices.

Kano State — N24.97 billion

Kano maintained its lead as the highest recipient in Northern Nigeria with N24.97 billion, up from N22.56 billion in June 2025, a significant increase of N2.40 billion or 10.86%.

• Gross total: N26.46bn
• Exchange gain: N403.48m
• EMTL: N713.12m
• VAT: N12.31bn

Kano’s large population and 44 local governments significantly influence its share of statutory and VAT allocations. Improved VAT remittances also contributed to the increase.

Akwa Ibom State — N40.39 billion

Akwa Ibom received N40.39 billion, slightly above the N38.87 billion recorded a year earlier, an increase of N1.52 billion or 3.89% rise.

• Gross total: N41.73bn
• Exchange gain: N825.21m
• EMTL: N451.22m
• VAT: N8.45bn

As one of Nigeria’s top oil-producing states, Akwa Ibom continues to benefit from the 13% derivation fund and improved crude output. Ongoing projects such as the Ibom Deep Seaport and industrial expansion are expected to further boost revenues.

Bayelsa State — N41.52 billion

Bayelsa ranked fourth with N41.52 billion, compared to N38.85 billion in June 2025, a growth of N2.67 billion or 6.89%.

• Gross total: N43.22bn
• Exchange gain: N787.65m
• EMTL: N346.49m
• VAT: N8.40bn

Despite having just eight local governments, Bayelsa remains among the top earners due to its rich offshore reserves. The 13% derivation remains a critical revenue source for the state.

Rivers State — N41.65 billion

Rivers recorded one of the largest increases among oil-producing states, rising from N39.08 billion in June 2025 to N41.65 billion in July 2025, a 6.56% increase (N2.56 billion).

• Gross total: N46.79bn
• Exchange gain: N681.77m
• EMTL: N581.92m
• VAT: N16.58bn

The state remains a key oil and gas hub in the Niger Delta, with derivation and crude royalties forming the bulk of its allocation. However, ongoing production constraints in some fields have kept overall growth moderate.

Lagos State — N41.84 billion

Lagos, Nigeria’s commercial capital, received a net FAAC allocation of N41.84 billion in July 2025, making it the second-highest recipient of federal revenue among Nigeria’s 36 states. This marks a significant increase from its June 2025 allocation of N39.15 billion, reflecting a growth of N2.69 billion.

• Gross total: N57.47bn
• Exchange gain: N340.77m
• EMTL: N3.01bn
• VAT: N34.42bn

Though a non-oil-producing state, Lagos continues to attract large FAAC allocations due to its population size, economic importance, and massive VAT contributions. The growth also mirrors higher federal collections from consumption taxes amid persistent inflation and naira depreciation.

Delta State — N50.70 billion

Delta maintained its position as Nigeria’s highest FAAC earner, receiving N50.70 billion in July 2025, up from N49.66 billion in June 2025. This marks an increase of N1.04 billion or 2.09%.

• Gross total: N53.33bn
• Exchange gain: N1.08bn
• EMTL: N524.45m
• VAT: N8.75bn

As one of the largest oil-producing states, Delta’s inflows are driven by the 13% derivation fund alongside its statutory and VAT shares. High crude oil prices and stable production have helped the state sustain its top ranking for several months.

What you should know 

• The top 10 states collectively received N315.13 billion in July 2025—representing over 44% of the N704.01 billion distributed among all 36 states.
• The data highlights Nigeria’s structural fiscal imbalance, where a handful of oil-rich and economically advanced states dominate the revenue pool. While the month-on-month increase in allocations is encouraging, it also highlights the continued dependence of most states on federal transfers for survival.
• Oil-producing states such as Delta, Rivers, Bayelsa, and Akwa Ibom remain at the top, while non-oil states like Lagos, Kano, and Oyo are gradually improving due to stronger VAT performance and internal revenue efforts.
• As Nigeria advances its economic reforms and subsidy restructuring, these monthly allocations will continue to serve as a vital gauge of state-level fiscal health and spending capacity.