Group attributes rise in federation revenue to Tinubu’s economic reforms
The Tinubu Media Support Group (TMSG), a political support group, has attributed the increase in federation revenue in the first two months of 2026 to the economic policies of President Bola Tinubu.
In a statement signed by its Chairman, Emeka Nwankpa, and Secretary, Dapo Okubanjo, the group said the nearly N500 billion year-on-year rise in revenue reflected improved fiscal performance under the current administration.
According to the group, allocations to the three tiers of government rose from N1.703 trillion and N1.678 trillion in January and February 2025 to N1.969 trillion and N1.894 trillion in the corresponding months of 2026.
“This represents an increase of N482 billion, or about 14.3 per cent growth in net distributable revenue to all the tiers of government, and for us, it is a continuation of the success story of an administration which has introduced policies and programmes targeted at restructuring the economy and making it more resilient,” the statement read.
The group added that the development highlights the impact of reforms introduced by the Tinubu administration to enhance revenue generation and strengthen fiscal stability.
TMSG also linked the rise in revenue to improved statutory allocations from the Federation Accounts Allocation Committee, noting that disbursements to all tiers of government have significantly increased in recent years.
It urged state and local governments to utilise the higher allocations to improve the welfare of citizens, particularly in addressing poverty and economic challenges.
The group maintained that the real impact of the reforms would be measured by how effectively sub-national governments translate the increased revenue into tangible benefits for Nigerians.
