Five out of the 36 states of the Federation collectively received N87 billion, about 21.2 per cent of the total N410.9 billion being value added tax (VAT) revenue shared to the 36 states in April 2026.

This is contained in the Federation Account Allocation Committee (FAAC) report published by the National Bureau of Statistics (NBS).

With the take off of the implementation of the new Nigeria Tax Act 2025, states now receive a higher share of VAT revenue.

The N410.898 billion shared to the 36 states is 55 per cent of the total distributable VAT revenue based on the new Nigeria Tax Act 2025 VAT sharing formula which increased states’ share of VAT revenue from 50 per cent to 55 per cent, while federal government”s share dropped from 15 per cent to 10 per cent.

Analysis of the data shows that Lagos State received the highest share of N35.03 billion, accounting for 8.5 per cent of the total figure. Lagos was followed by Rivers State with N21.29 billion or 5.2 per cent. Oyo State got the third highest share with N12.33 billion or three per cent.

Kano and Akwa Ibom states each received N9.31 billion and N9.04 billion respectively.

On the other hand, Nasarawa State received the lowest share of N4.9 billion, while Yobe and Cross River states each got N5.04 billion and N5.12 billion respectively.

According to the report gross VAT revenue for April was N806.617 billion, after deductions, the sum of N747.088 billion was shared to the three tiers of government.

NBS also reports that in the month of April 2026, Delta State received the highest FAAC allocation with N53.77 billion, closely followed by Rivers State with N46.64 billion and Akwa Ibom with N44.84 billion.

Cross River State received the least allocation with N11.46 billion, followed by Ekiti State with N12.13 billion and Gombe with N12.32 billion.

Highlights of the FAAC report shows that the revenue generating agencies comprising Nigeria Revenue Service (NRS), and Nigerian Up-

Stream Petroleum Regulatory Commission (NUPRC) received N57.52 billion and N23.56 billion, respectively, as cost of revenue collections.

The total amount disbursed by FAAC during the month was N2.63 trillion, comprising N1.70 trillion recorded from the Statutory Account, N200.00 billion from Non-Oil revenue, N68.10 billion from Solid Minerals revenue, and N664.42 billion from Value Added Tax.