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How Much Did Your State Receive From FAAC In The First Half of 2026?
Every month, the Federation Account Allocation Committee (FAAC) splits Nigeria’s oil and non-oil revenue between the federal government, all 36 states, and every local government in the country. In the first half of 2026, the states’ cuts alone amounted to roughly ₦4.53 trillion. But the amount received by individual states varied considerably. Ten states took…
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How Much Did Your State Receive From FAAC In The First Half of 2026?
Every month, the Federation Account Allocation Committee (FAAC) splits Nigeria’s oil and non-oil revenue between the federal government, all 36 states, and every local government in the country. In the first half of 2026, the states’ cuts alone amounted to roughly ₦4.53 trillion. But the amount received by individual states varied considerably. Ten states took…
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Has FAAC Made Nigerian States Richer?
One figure the President Tinubu administration frequently points to when making the case for its economic reforms is the historic increase in Federation Account Allocation Committee (FAAC) disbursements. Since the removal of the petrol subsidy and the shift towards a more market-driven foreign exchange system in mid-2023, FAAC distributions to Nigeria’s states and local governments…
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How Much Did Your State Receive From FAAC In The First Half of 2026?
Every month, the Federation Account Allocation Committee (FAAC) splits Nigeria’s oil and non-oil revenue between the federal government, all 36 states, and every local government in the country. In the first half of 2026, the states’ cuts alone amounted to roughly ₦4.53 trillion. But the amount received by individual states varied considerably. Ten states took…
-
Has FAAC Made Nigerian States Richer?
One figure the President Tinubu administration frequently points to when making the case for its economic reforms is the historic increase in Federation Account Allocation Committee (FAAC) disbursements. Since the removal of the petrol subsidy and the shift towards a more market-driven foreign exchange system in mid-2023, FAAC distributions to Nigeria’s states and local governments…
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How Much Did Your State Receive From FAAC In The First Half of 2026?
Every month, the Federation Account Allocation Committee (FAAC) splits Nigeria’s oil and non-oil revenue between the federal government, all 36 states, and every local government in the country. In the first half of 2026, the states’ cuts alone amounted to roughly ₦4.53 trillion. But the amount received by individual states varied considerably. Ten states took…
-
Has FAAC Made Nigerian States Richer?
One figure the President Tinubu administration frequently points to when making the case for its economic reforms is the historic increase in Federation Account Allocation Committee (FAAC) disbursements. Since the removal of the petrol subsidy and the shift towards a more market-driven foreign exchange system in mid-2023, FAAC distributions to Nigeria’s states and local governments…
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Why Does a ₦1 Million House Cost ₦1.5 Million?
Finding a house to rent in Lagos can be very tiring. People spend weeks, sometimes months, searching for somewhere they can afford. It has to be close enough to work, reasonably accessible and somewhere that will not turn transportation into another daily problem. After all that searching, when you finally find a house that looks…
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Is Cheap Housing Actually Making Lagos More Expensive?
We all know that rent is one of the biggest problems facing anyone trying to live in Lagos. In August 2026, the Lagos State Deputy Governor, Obafemi Hamzat, suggested that young people struggling with the cost of housing could consider living with their parents or relatives rather than rushing to rent their own apartments. The…
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If Lagos Knows Where It Floods, Why Are We Still Vulnerable?
Flooding has been a part of life in Lagos for years. When it rains, roads vanish under water, cars get stuck, businesses close, and sometimes water even enters people’s homes. This is not a new issue. For over a decade, newspapers have reported the same problems. In 2015, The Guardian wrote about residents asking the…
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Adeleke: The Governor Is Dancing, But Are His People Really Happy?
If there is one thing we know about Governor Ademola Adeleke, it is that he likes to dance. At campaign rallies, public events and even in church, he rarely looks like the politician Nigerians are used to seeing. And after he was declared the winner of the 2026 Osun governorship election, we saw it again.…
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How Much Did Your State Receive From FAAC In The First Half of 2026?
Every month, the Federation Account Allocation Committee (FAAC) splits Nigeria’s oil and non-oil revenue between the federal government, all 36 states, and every local government in the country. In the first half of 2026, the states’ cuts alone amounted to roughly ₦4.53 trillion. But the amount received by individual states varied considerably. Ten states took…
-
Has FAAC Made Nigerian States Richer?
One figure the President Tinubu administration frequently points to when making the case for its economic reforms is the historic increase in Federation Account Allocation Committee (FAAC) disbursements. Since the removal of the petrol subsidy and the shift towards a more market-driven foreign exchange system in mid-2023, FAAC distributions to Nigeria’s states and local governments…
-
Why Does a ₦1 Million House Cost ₦1.5 Million?
Finding a house to rent in Lagos can be very tiring. People spend weeks, sometimes months, searching for somewhere they can afford. It has to be close enough to work, reasonably accessible and somewhere that will not turn transportation into another daily problem. After all that searching, when you finally find a house that looks…
-
Is Cheap Housing Actually Making Lagos More Expensive?
We all know that rent is one of the biggest problems facing anyone trying to live in Lagos. In August 2026, the Lagos State Deputy Governor, Obafemi Hamzat, suggested that young people struggling with the cost of housing could consider living with their parents or relatives rather than rushing to rent their own apartments. The…
-
If Lagos Knows Where It Floods, Why Are We Still Vulnerable?
Flooding has been a part of life in Lagos for years. When it rains, roads vanish under water, cars get stuck, businesses close, and sometimes water even enters people’s homes. This is not a new issue. For over a decade, newspapers have reported the same problems. In 2015, The Guardian wrote about residents asking the…
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