The Federation Account Allocation Committee (FAAC) has shared a total of N2.103 trillion among the three tiers of government as revenue for September 2025.
The allocation, which was announced after the FAAC meeting held in Abuja in October 2025, was disclosed in a statement by the Office of the Accountant General of the Federation (OAGF).
According to the statement, the distributed amount comprised N1.239 trillion from statutory revenue, N812.593 billion from Value Added Tax (VAT), and N51.684 billion from the electronic money transfer levy.
FAAC reported that the gross revenue for September stood at N3.054 trillion, from which N116.149 billion was deducted as the cost of collection, while N835.005 billion was set aside for transfers, interventions, refunds, and savings.
Bawa Mokwa, Director of Information at the OAGF, noted that gross statutory revenue for September was N2.128 trillion, which is N710.134 billion lower than the N2.838 trillion recorded in August. However, VAT revenue increased from N722.619 billion in August to N872.630 billion in September.
From the distributable revenue, the federal government received N711.314 billion, the state governments got N727.170 billion, while the 774 local government areas shared N529.954 billion.
In addition, mineral-producing states received N134.956 billion as 13% derivation revenue.
A breakdown of the N1.239 trillion statutory revenue shows that the federal government received N581.672 billion, the states N295.032 billion, local governments N227.457 billion, and N134.956 billion went to oil and gas-producing states as derivation.
From the N812.593 billion VAT revenue, the federal government got N121.889 billion, states received N406.297 billion, and local governments got N284.408 billion.
The N51.684 billion electronic money transfer levy was shared with N7.753 billion going to the federal government, N25.842 billion to the states, and N18.089 billion to the local governments.
