ABUJA — Five states received N317.47 billion from the Federation Account in May 2026, more than the N310.13 billion shared by the 20 states with the lowest allocations, according to an analysis by ThisDay of data from the Accountant-General's office. Rivers received N70.32 billion, Delta N66.44 billion, Akwa Ibom N62.09 billion, Lagos N60.35 billion and Bayelsa N58.28 billion. Ekiti received the least, N13.13 billion. Lagos owes its position mainly to VAT rather than oil revenue.