President Bola Tinubu has urged state governors to account for the extraordinary fiscal inflow by demonstrating tangible development outcomes, following the disbursement of ₦11.195 trillion to states and local governments via the Federation Accounts Allocation Committee (FAAC) over the past year.
The President, addressing the National Executive Committee (NEC) meeting of the All Progressives Congress (APC), encouraged the governors elected under the APC banner to intensify their efforts in fostering development at the grassroots level, noting that many Nigerians remain dissatisfied with the speed of governance and the advantages of democracy.
Tinubu stated, “We need to do more. Nigerians are still complaining at the grassroots. You, the governors, have to wet the ground and give more dividends of democracy at the grassroots.
“We must not rest. Our people need to feel the impact of government more directly.”
The Federal Government recently disclosed that it garnered a total of ₦14.27 trillion in tax revenues from January to June this year, marking a 43 percent increase from the ₦9.98 trillion collected in the first half of 2024.
A review of FAAC disbursements from June 2024 to June 2025 indicated that a total of ₦11.195 trillion was allocated to the states and local governments collectively.
While the states received ₦6.492 trillion, local governments were allocated ₦4.704 trillion.
From the total of ₦27 trillion distributed during the review period, the Federal Government obtained ₦6.034 trillion.
