Trend Analysis

FAAC REVENUE ANALYTICS

TREND ANALYSIS

Jan 2020 – Jun 2026 · Both tiers · by state

From

Zone

Rank By

Tier

Total In Range ₦50.18T

Growth Rate +28.1%A YEAR, CAGR

First 12 Months ₦3.86T · Jan 2020

Last 12 Months ₦15.05T · Jul 2025

Fastest State LAGOS+35.0%

Allocation Trajectory (stacked area, both tiers)

Rolling 12-Month Average (spline, the trend under the noise)

Dials (rate and momentum)

Fastest Growing (CAGR, 12-month windows)

Slowest Growing (CAGR, 12-month windows)

Executive Insights

Summary

Scope All Zones · Both tiers

Range Jan 2020 – Jun 2026 · 78 months

Total allocated ₦50.18T

First 12 months ₦3.86T

Last 12 months ₦15.05T

Compound growth +28.1% a year

Momentum +95.0% vs average window

Tier split 60.1% state · 39.9% council

states ranked 37

Fastest LAGOS · +35.0%

Slowest FCT-ABUJA · +23.7%

Trends

+28.1% a year compounded, ₦3.86T in the first 12 months to ₦15.05T in the last.
Still accelerating — the last window is 95.0% above an average window of the range.
+140.9% second half against the first half of the range — ₦14.72T then ₦35.46T.
11.3pp spread in growth between LAGOS and FCT-ABUJA — the trend is not shared evenly.
State Governments are growing faster — 28.5% a year to the states against 27.4% to the councils.

Key Findings

LAGOS is growing fastest at +35.0% a year — ₦232.10B to ₦1.21T a window.
FCT-ABUJA is growing slowest at +23.7% a year, ₦312.18B in the last window.
41.3% goes to the top quarter — 9 of 37 states take ₦20.73T between them.
The largest are pulling away — the bigger half grew 28.1% a year against 27.4% for the smaller half.
46 of 77 months rose on the month before, which is why the rolling average matters more than any single month.

Where The Money Goes (choropleth, total over the range — every state labelled with its allocation and rank)

Allocation Bands (quadrant, states by total)

All amounts are in Nigerian Naira (₦) · State Government allocations include FCT-Abuja · Council figures are the sum of every LGC inside the state · Growth is CAGR between the first and last twelve-month windows of the range · Source: FAAC Allocation