The Federation Account Allocation Committee (FAAC) has shared a record N2.225 trillion among the three tiers of government and other statutory recipients for August 2025.
This marks the highest monthly disbursement in Nigeria’s history and the second consecutive month that allocations have exceeded the N2 trillion threshold.
According to a communiqué issued at the end of the FAAC meeting in Abuja, the surge was driven by improved receipts from oil and gas royalties, Value-Added Tax (VAT), and Common External Tariff (CET) levies.
Breakdown of the Revenue
- Total Gross Revenue: N3.635 trillion
- Deductions: N124.839 billion (cost of collection)
- Transfers/Interventions/Savings: N1.285 trillion
- Net Distributable: N2.225 trillion
- Statutory Revenue (N1.478 trillion):
- Federal Government: N684.462 billion
- States: N347.168 billion
- Local Governments: N267.652 billion
- Oil-Producing States (13% derivation): N179.311 billion
- VAT (N672.903 billion):
- Federal Government: N100.935 billion
- States: N336.452 billion
- Local Governments: N235.516 billion
- Electronic Money Transfer Levy – EMTL (N32.338 billion):
- Federal Government: N4.851 billion
- States: N16.169 billion
- Local Governments: N11.318 billion
- Exchange Difference (N41.284 billion):
- Federal Government: N19.799 billion
- States: N10.042 billion
- Local Governments: N7.742 billion
- Derivation (13% to oil-producing states): N3.701 billion
FAAC noted that the rising trend reflects stronger inflows from both the oil and non-oil sectors.
