approved at the May meeting of he Federal Government, 36 the Federation Account Allocation state governments and the T Committee (FAAC) held in Abuja, 774 local government coun- according to a statement issued cils shared a total of N2.257 trillion General of the Federation. April 2026, reflecting strong growth The distributable revenue con- in revenue collections driven sisted of N1.260 trillion statutory largely by higher Value Added Tax revenue, N747.088 billion VAT (VAT), Companies Income Tax revenue and a N250 billion aug- (CIT), import duties and oil-related earnings. • Taiwo Oyedele, Mi…