Net allocation disbursed to Ogun LGAs in the first half of 2026 (Jan-Jun) 1. Ado-odo/Ota: N5.52bn 2. Remo north: N4.82bn 3. ⁠Ijebu east : N3.92bn 4. ⁠⁠Shagamu: N3.87bn 5. ⁠⁠Abeokuta south: N3.79bn 6. ⁠Ifo: N3.77bn 7. ⁠⁠Ipokia: N3.68bn 8. ⁠Egbado north: N3.66bn 9. ⁠Abeokuta north: N3.62bn 10. ⁠Egbado south: N3.41bn 11. ⁠Obafemi/Owode: N3.34bn 12. ⁠Ijebu ode: N3.30bn 13. ⁠Imeko-afon: N3.20bn 14. ⁠Odedah: N3.13bn 15. ⁠⁠⁠Ijebu north: N3.08bn 16. Ikenne: N3.04bn 17. ⁠Ijebu north east: N2.97bn 18. ⁠Odogbolu: N2.95bn 19. ⁠Ogun waterside: N2.73bn 20. Ewekoro: N2.71bn Total: N70.51bn <OAGF, TheCableIndex> #TheCableIndex

JUST IN: Court dismisses el-Rufai’s no-case submission in ‘illegal phone interception’ case A federal high court in Abuja has dismissed a no-case submission filed by Nasir el-Rufai, former Kaduna governor, in the case pertaining to alleged unlawful interception of telephone conversations. #TheCableIndex

Net allocation disbursed to Lagos LGAs in the first half of 2026 (Jan-Jun) 1. Alimosho: N20.56bn 2. Ajeromi: N17bn 3. Kosofe: N16.81bn 4. Mushin: N16.64bn 5. Oshodi: N15.59bn 6. Ojo: N16.47bn 7. Ikorodu: N16.26bn 8. Surulere: N15.94bn 9. Agege: N15.69bn 10. Ifako-Ijaye: N15.50bn 11. Somolu: N15.33bn 12. Ikeja: N14.88bn 13. Eti-Osa: N14.86bn 14. Amowo-Odofin: N14.83bn 15. Lagos Mainland: N14.81bn 16. Badagry: N14.53bn 17. Apapa: N14.24bn 18. ⁠Epe: N14.22bn 19. Lagos Island: N14.18bn 20. Ibeju-Lekki: N13.69bn Total: N313.03bn <OAGF, TheCableIndex> #TheCableIndex

BREAKING: Nigeria’s index Ebola patient evacuated abroad for treatment Nigeria’s index Ebola case has been evacuated abroad for further treatment. The 42-year-old woman diagnosed with the Bundibugyo strain of Ebola virus disease, was airlifted through a medical plane on Monday at about 6am from the Nnamdi Azikiwe International airport. #TheCableIndex

Bottom 10 states by gross FAAC allocation to local governments (Jan-Sep, 2026) 1. Yobe: N97.41bn 2. Taraba: N94.36bn 3. Abia: N90.73bn 4. Kwara: N90.68bn 5. Zamfara: N90.29bn 6. Ekiti: N82.04bn 7. Nasarawa: N75.72bn 8. Ebonyi: N73.85bn 9. Bayelsa: N71.24bn 10. Gombe: N70.72bn <FAAC, Agora Policy, TheCableIndex> #TheCableIndex

Gross FAAC allocation to local governments by geo-political zone and the FCT (Jan-Sep, 2026) 1. South-west: N1.11trn 2. North-west: N1.08trn 3. South-south: N810.18bn 4. North-central: N669.91bn 5. North-east: N659.67bn 6. South-east: N516.67bn FCT: N68.69bn <FAAC, Agora Policy, TheCableIndex> #TheCableIndex

Lagos, Kano, Rivers top LGAs’ FAAC allocations in first nine months of 2026 1. Lagos: N462.65bn 2. Kano: N258.84bn 3. Rivers: N230.04bn 4. Oyo: N213.24bn 5. Katsina: N189.85bn 6. Akwa Ibom: N161.41bn 7. Borno: N153.34bn 8. Kaduna: N151.97bn 9. Jigawa: N145.92bn 10. Delta: N144.76bn 11. Niger: N141.57bn 12. Osun: N138.23bn 13. Benue: N137.38bn 14. Imo: N135.71bn 15. Sokoto: N130.36bn 16. Bauchi: N126.47bn 17. Kogi: N120.65bn 18. Anambra: N118.36bn 19. Adamawa: N117.37bn 20. Kebbi: N117.23bn 21. Ogun: N108.91bn 22. Edo: N105.22bn 23. Plateau: N103.91bn 24. Ondo: N103.79bn 25. Enugu: N98.02bn 26. Cross River: N97.52bn 27. Yobe: N97.41bn 28. Taraba: N94.36bn 29. Abia: N90.73bn 30. Kwara: N90.68bn 31. Zamfara: N90.29bn 32. Ekiti: N82.04bn 33. Nasarawa: N75.72bn 34. Ebonyi: N73.85bn 35. Bayelsa: N71.24bn 36. Gombe: N70.72bn 37. FCT: N68.69bn <FAAC, Agora Policy, TheCableIndex> #TheCableIndex

How Nigeria’s new VAT formula shifts more revenue to states and local governments (Nov 2025 vs Sep 2026) November 2025 Federal government: N72.88bn (15%) Subnationals: N412.96bn (85%) Total: N485.84bn September 2026 Federal government: N75.66bn (10%) Subnationals: N682.93bn (90%) Total: N756.59bn Nigeria’s new VAT-sharing formula took effect on January 1, 2026, increasing the share allocated to subnationals from 85% to 90%, while the federal government’s share fell from 15% to 10%. Subnationals comprise state and local governments. <FAAC, TheCableIndex> #TheCableIndex

Average daily PMS consumption rebounds 7% after August dip (Sep 2025 vs Sep 2026) Sept 2025: 43.8m litres/day Oct 2025: 56.7m litres/day ⬆️ Nov 2025: 52.9m litres/day ⬇️ Dec 2025: 63.7m litres/day ⬆️ Jan 2026: 60.2m litres/day ⬇️ Feb 2026: 56.9m litres/day ⬇️ Mar 2026: 47.3m litres/day ⬇️ Apr 2026: 51.1m litres/day ⬆️ May 2026: 46.3m litres/day ⬇️ Jun 2026: 47.4m litres/day ⬆️ Jul 2026: 48.3m litres/day ⬆️ Aug 2026: 41.5m litres/day ⬇️ Sep 2026: 44.4m litres/day ⬆️ <NMDPRA, TheCableIndex> #TheCableIndex

Average daily PMS consumption rises 7% as all four petroleum products record gains in a month (Aug vs Sep 2026) 1. Premium motor spirit (PMS) Aug: 41.5m litres/day Sep: 44.4m litres/day ⬆️ (+7%) 2. ⁠Diesel (AGO) Aug: 14.3m litres/day Sep: 14.5m litres/day ⬆️ (+1%) 3. Aviation fuel (ATK) Aug: 2.8m litres/day Sep: 3m litres/day ⬆️ (+7%) 4. Cooking gas (LPG) Aug: 4,800 metric tonnes/day Sep: 5,200 metric tonnes/day ⬆️ (+8%) *Consumption data is based on volumes trucked out into the domestic market <NMDPRA, TheCableIndex> #TheCableIndex

Nigeria’s money supply hits N146.6trn in September as cash outside banks remains below January level (2026) Jan 2026: Money supply: N123.95trn Cash outside banks: N5.25trn Feb 2026: Money supply: N146.6trn Cash outside banks: N5.19trn Apr 2026: Money supply: N146.6trn Cash outside banks: N5.08trn May 2026: Money supply: N129.54trn Cash outside banks: N5.19trn Jun 2026: Money supply: N133.27trn Cash outside banks: N4.92trn Jul 2026: Money supply: N139.10trn Cash outside banks: N4.80trn Aug 2026: Money supply: N139.09trn Cash outside banks: N4.87trn Sep 2026: Money supply: N146.6trn Cash outside banks: N4.92trn <CBN, TheCableIndex> #TheCableIndex

Without Lagos and Rivers, here is what the geo-political zones and FCT contributed to the VAT pool and received in September 2026 1. North-west Contributed: N47.30bn Received: N70.36bn (148.75%) 2. South-west Contributed: N41.89bn Received: N47.76bn (114.01%) 3. North-east Contributed: N40.11bn Received: N53.24bn (132.74%) 4. South-south Contributed: N36.48bn Received: N45.02bn (123.42%) 5. North-central Contributed: N30.63bn Received: N51.25bn (167.31%) 6. South-east Contributed: N14.63bn Received: N40.86bn (279.37%) FCT Contributed: N34.88bn Received: N13.62bn (39.05%) <FAAC, TheCableIndex> #TheCableIndex

What the six geo-political zones and FCT contributed to the VAT pool and received in September 2026 1. South-west Contributed: N322.48bn Received: N116.38bn (36.09%) 2. South-south Contributed: N117.72bn Received: N70.41bn (59.82%) 3. North-west Contributed: N47.30bn Received: N70.36bn (148.75%) 4. North-east Contributed: N40.11bn Received: N53.24bn (132.74%) 5. North-central Contributed: N30.63bn Received: N51.25bn (167.31%) 6. South-east Contributed: N14.63bn Received: N40.86bn (279.37%) FCT Contributed: N34.88bn Received: N13.62bn (39.05%) <FAAC, TheCableIndex> #TheCableIndex

What states contributed to the VAT pool and what they received in September 2026 1. Lagos Contributed: N280.59bn Received: N68.62bn (24.45%) 2. Rivers Contributed: N81.24bn Received: N25.39bn (31.26%) 3. FCT Contributed: N34.89bn Received: N13.62bn (39.05%) 4. Oyo Contributed: N27.85bn Received: N14.67bn (52.67%) 5. Bayelsa Contributed: N15.11bn Received: N9.74bn (64.46%) 6. Borno Contributed: N12.78bn Received: N10.72bn (83.83%) 7. Kwara Contributed: N11.47bn Received: N9.39bn (81.85%) 8. Katsina Contributed: N11.12bn Received: N11.35bn (102.09%) 9. Akwa Ibom Contributed: N10.07bn Received: N10.02bn (99.51%) 10. Gombe Contributed: N9.32bn Received: N8.94bn (95.92%) 11. Jigawa Contributed: N9.18bn Received: N10.09bn (109.98%) 12. Kano Contributed: N8.98bn Received: N13.05bn (145.32%) 13. Edo Contributed: N7.30bn Received: N9.04bn (123.81%) 14. Adamawa Contributed: N5.28bn Received: N8.59bn (162.71%) 15. Sokoto Contributed: N4.96bn Received: N8.84bn (178.24%) 16. Plateau Contributed: N4.78bn Received: N8.49bn (177.81%) 17. Yobe Contributed: N4.70bn Received: N7.97bn (169.64%) 18. Niger Contributed: N4.65bn Received: N8.93bn (191.83%) 19. Ogun Contributed: N4.63bn Received: N8.79bn (189.94%) 20. Kebbi Contributed: N4.55bn Received: N8.48bn (186.49%) 21. Kaduna Contributed: N4.54bn Received: N10.16bn (223.96%) 22. Kogi Contributed: N4.52bn Received: N8.50bn (188.14%) 23. Taraba Contributed: N4.03bn Received: N7.82bn (194.23%) 24. Bauchi Contributed: N4.01bn Received: N9.21bn (229.82%) 25. Zamafara Contributed: N3.98bn Received: N8.38bn (210.58%) 26. Ondo Contributed: N3.86bn Received: N8.46bn (219.30%) 27. Anambra Contributed: N3.61bn Received: N8.85bn (245.38%) 28. Imo Contributed: N3.55bn Received: N8.69bn (245.15%) 29. Enugu Contributed: N3.50bn Received: N8.28bn (236.23%) 30. Nasarawa Contributed: N3.01bn Received: N7.35bn (243.91%) 31. Delta Contributed: N2.94bn Received: N8.66bn (294.34%) 32. Osun Contributed: N2.83bn Received: N8.24bn (291.28%) 33. Ekiti Contributed: N2.72bn Received: N7.60bn (279.19%) 34. Abia Contributed: N2.48bn Received: N7.82bn (314.95%) 35. Benue Contributed: N2.19bn Received: N8.58bn (391.02%) 36. Ebonyi Contributed: N1.49bn Received: N7.22bn (485.75%) 37. Cross River Contributed: N1.06bn Received: N7.56bn (715.68%) <FAAC, TheCableIndex> #TheCableIndex

Distribution of VAT for Aug 2026 vs Sep 2026 1. Federal government Aug: N77.32bn Sep: N75.66bn ⬇️ 2. State governments Aug: N425.28bn Sep: N418.12bn ⬇️ 3. Local governments Aug: N270.63bn Sep: N264.81bn ⬇️ Total for Aug: N773.23bn Total for Sep: N756.59bn ⬇️ <FAAC, TheCableIndex> #TheCableIndex

Presidential Metering Initiative records N700bn in funding, with full amount paid to Smart Grid Development Ltd (2024) May 2024: N120bn May 2024: N100bn June 2024: N100bn July 2024: N100bn August 2024: N100bn September 2024: N100bn October 2024: N80bn Total receipts: N700bn Total payments: N700bn <Office of the Accountant-General of the Federation> #TheCableIndex

Renewed Hope Ward Development Programme: N900m received and paid out across three tranches (2025) August 2025: N300m September 2025: N400m October 2025: N200m Total receipts: N900m Total payments: N900m <Office of the Accountant-General of the Federation> #TheCableIndex

BREAKING: FG confirms Ebola case in FCT, identifies 44 contacts The federal government says it has recorded a confirmed case of Ebola disease in the Federal Capital Territory (FCT), Abuja, and identified 44 close contacts for tracing to prevent further transmission. In a statement issued on Tuesday, Ali Pate, coordinating minister of health and social welfare, announced the development after a laboratory confirmation of the case. #TheCableIndex