True! Lagos LGAs got N157 billion from FAAC

True! Lagos LGAs got N157 billion from FAAC
Funso Doherty. Photo Source: Business Day.
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FINDINGS: According to the first-quarter 2026 allocation figures compiled from the National Bureau of Statistics (NBS) and the Office of the Accountant-General of the Federation, Lagos State’s 20 local government areas received a combined net allocation of ₦156.84 billion from the Federation Account Allocation Committee (FAAC) between January and March 2026. This is close to Doherty’s rounded-up figure of N157 billion.

True! Lagos LGAs got N157 billion from FAAC

SOURCES: NBS and Leadership.

DATE: Nov. 13, 2026.

AUTHOR: Sunday Awosoro.

EDITOR(S): Motunrayo Joel and Elizabeth Ogunbamowo.