ABUJA: The Federal Government, state governments, and Local Government Councils (LGCs) shared a total of N1.969 trillion from the federation account for December 2025, the Federation Account Allocation Committee (FAAC) has confirmed.
According to a communiqué from FAAC, made available by Mr Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant-General of the Federation, the revenue was distributed at the January FAAC meeting.
The total distributable sum comprised statutory revenue of N1.084 trillion, Value Added Tax (VAT) of N846.507 billion, and Electronic Money Transfer Levy (EMTL) of N38.110 billion, out of a gross revenue of N2.585 trillion. Deductions for the cost of collection amounted to N104.697 billion, while transfers, refunds, and savings totalled N511.585 billion.
Of the N1.969 trillion shared, the Federal Government received N653.500 billion, states received N706.469 billion, and LGs received N513.272 billion.
Additionally, N96.083 billion, representing 13 percent of mineral revenue—was allocated to benefiting states as derivation revenue.
Breaking down the statutory revenue of N1.084 trillion, the Federal Government got N520.807 billion, states N264.160 billion, LGs N203.656 billion, and derivation revenue remained N96.083 billion.
From the N846.507 billion VAT revenue, the Federal Government received N126.976 billion, states N423.254 billion, and LGs N296.277 billion.
Meanwhile, the N38.110 billion EMTL was distributed as N5.717 billion to the Federal Government, N19.055 billion to states, and N13.338 billion to LGs.
FAAC also reported that Companies Income Tax, Import Duty, and VAT saw significant increases in December, while Oil and Gas Royalty, CET Levies, and Fees rose marginally.
However, Excise Duty, Petroleum Profit Tax, and EMTL experienced notable decreases.
