FG, states, and LGs share N1.969trn from federation account
Bawa Mokwa announced that the Federal Government, states, and local government councils shared N1.969 trillion as revenue for December 2025. The allocation was detailed in a communiqué from the Federation Account Allocation Committee. The revenue included statutory allocations, VAT, and Electronic Money Transfer Levy. The communiqué also highlighted changes in revenue sources and deductions.
What we know
- The total distributable revenue for December 2025 was N1.969 trillion, shared among the Federal Government, states, and local governments.
- The revenue included N1.084 trillion in statutory revenue, N846.507 billion in VAT, and N38.110 billion from Electronic Money Transfer Levy.
- Gross statutory revenue for December 2025 was N1.631 trillion, which was lower than the N1.736 trillion received in November 2025 by N105.202 billion.
- VAT revenue for December 2025 was N913.957 billion, higher than the N563.042 billion in November 2025 by N350.915 billion.
- The communiqué noted significant increases in Companies Income Tax, Import Duty, and VAT in December 2025, while Excise Duty, Petroleum Profit Tax, and EMTL decreased.
