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Lagos Local Governments Receive N156.84 Billion FAAC Allocation in First Quarter of 2026

byAdedipe Temilolaoluwa
June 25, 2026
in Economy, News
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Lagos State’s 20 local government areas received a total of N156.84 billion from the Federation Account Allocation Committee (FAAC) during the first three months of 2026, highlighting the state’s strong share of federal revenue distribution.

According to figures released by the National Bureau of Statistics (NBS) and the Office of the Accountant-General of the Federation, the allocations covered the period from January to March 2026 and formed part of the funds distributed to local governments across Nigeria.

Among all the councils in Lagos State, Alimosho Local Government received the largest allocation. The council collected N10.08 billion during the three-month period, making it the highest recipient in the state. The large allocation reflects the area’s significant population size and growing economic activities.

Ajeromi-Ifelodun followed as the second-highest recipient with N8.45 billion, while Kosofe received N8.37 billion. Several other local governments also secured substantial allocations during the quarter. Mushin, Oshodi-Isolo, Ojo, and Ikorodu each received more than N8 billion, demonstrating the broad distribution of federal resources across the state.

Other councils recorded allocations ranging between N7 billion and N8 billion. Surulere received N7.97 billion, while Agege was allocated N7.86 billion. Ifako-Ijaiye, Somolu, Ikeja, Eti-Osa, Amuwo-Odofin, and Lagos Mainland each received allocations ranging from N7.46 billion to N7.78 billion.

At the lower end of the allocation table, Badagry received N7.33 billion. Apapa and Epe obtained N7.20 billion and N7.19 billion respectively. Lagos Island was allocated N7.17 billion, while Ibeju-Lekki received N6.95 billion, making it the council with the smallest allocation in Lagos State during the period under review.

The allocations to Lagos councils were part of the N1.48 trillion shared among Nigeria’s 774 local government areas through FAAC in the first quarter of 2026. The increase in federal allocations nationwide has been linked to stronger government revenues generated from crude oil exports, improved Value Added Tax (VAT) collections, and growth in other federally generated income sources.

As Nigeria’s commercial capital, Lagos continues to play a major role in the country’s economy. The state has the largest concentration of businesses and economic activities and remains the highest generator of internally generated revenue (IGR) in the country. These factors contribute to the significant level of federal funding received by its local government councils.

The funds are expected to support various development projects at the grassroots level. Local governments are likely to channel the allocations into road rehabilitation, healthcare improvements, waste management services, drainage projects, market upgrades, and the construction and maintenance of basic education facilities.

Analysts believe that effective management of these funds will be critical in improving living standards and accelerating development across communities in Lagos State. With increased financial resources available, residents are expected to benefit from better infrastructure, improved public services, and enhanced economic opportunities throughout the year.

Tags: Economic DevelopmentFAAC Allocationgrassroots developmentInfrastructureLagos StateLocal Government FundingNigeria EconomyPublic FinanceRevenue DistributionVAT Revenue
Adedipe Temilolaoluwa

Adedipe Temilolaoluwa

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