Top 10 States With the Highest FAAC Allocation in 2025

The 2025 ranking of the top 10 states by net FAAC allocation follows a pattern Nigerians already know well. Oil-producing states and major commercial centres sit at the top, powered by a mix of shared revenue streams and, for oil states, the extra lift from 13% derivation.

In 2025, the allocations were driven by several components, including net statutory allocation, net VAT, Electronic Money Transfer Levy (EMTL), and 13% derivation revenue for oil-producing areas. When these streams are combined, states with stronger production advantages and higher economic activity naturally rise.

1) Delta State — ₦649.67bn

Delta topped the 2025 table. The key driver is oil-related advantage, especially derivation revenue, which typically gives producing states a large boost. When that is layered on top of the shared statutory and VAT streams, Delta’s position at the top becomes predictable.

2) Rivers State — ₦526.30bn

Rivers came second, reflecting the same structural edge: oil production plus derivation, supported by a strong commercial base. With a large economy and heavy transaction activity, Rivers also tends to benefit more from VAT-linked flows than many inland states.

3) Lagos State — ₦514.56bn

Lagos is the highest non-oil state on the list, and the explanation is straightforward: it is Nigeria’s biggest consumption and transaction hub. High VAT performance and strong EMTL inflows usually follow where business activity and electronic payments are concentrated.

4) Akwa Ibom State — ₦494.23bn

Akwa Ibom sits firmly in the top tier, largely because it is an oil-producing state that benefits from derivation. That oil advantage, combined with the shared statutory and VAT components, keeps the state consistently near the top in FAAC rankings.

5) Bayelsa State — ₦488.08bn

Bayelsa’s position reflects how powerful derivation revenue can be. Even with a smaller population and market size than many states, oil-linked inflows can push an oil-producing state above larger, more urban states in net FAAC receipts.

6) Kano State — ₦270.86bn

Kano is the standout among non-oil states after Lagos. Its ranking is largely tied to its scale and commercial activity in the North, which supports stronger VAT-related performance compared to many peers.

7) Oyo State — ₦213.75bn

Oyo’s presence in the top 10 points to the weight of population, commerce, and consumption. While it does not have a derivation advantage like oil states, economic activity still helps it pull ahead of many others in shared inflows.

8) Anambra State — ₦199.88bn

Anambra’s ranking reflects steady commercial intensity and transaction activity. It also shows that states with strong private-sector energy can climb the FAAC table even without oil derivation, although they still compete at a disadvantage against producing states.

9) Borno State — ₦198.75bn

Borno’s inclusion is a reminder that FAAC outcomes are not only about commerce or oil. Other formula factors can materially shape inflows, and some states receive higher allocations that reflect broader fiscal realities and needs.

10) Ondo State — ₦198.42bn

Ondo rounds out the top 10. As an oil-producing state, it can benefit from derivation revenue, which helps it compete strongly even when compared with states that have larger markets or bigger consumer bases.