The Federation Account Allocation Committee (FAAC) has distributed N2.3 trillion (approximately $2.8 billion USD) to the three tiers of government in Nigeria for May 2026. This allocation is intended for disbursement among the Federal Government, the 36 states, and the Local Government Councils. The funds represent revenue generated for the month and will be used to finance various public services and infrastructure projects at the national and sub-national levels. Details regarding the specific breakdown of the allocation to each state and local government were not immediately available. This revenue sharing is a regular process designed to ensure equitable distribution of national resources. The announcement was made via Vanguard News, a Nigerian news outlet. This distribution aims to support ongoing governance and development initiatives across the country.