By Yadnom Awu/Asaba
The Federation Account Allocation Committee, (FAAC), has shared a total of ₦1.818 trillion among the Federal Government (FG), State governments, and Local Governments (LGs) as revenue generated in June, 2025.
This was disclosed in a statement issued today by the Office of the Accountant -General of the Federation and signed by the Director of Press and Public Relations, Bawa Mokwa.
According to the statement, the revenue was shared during the July 2025 FAAC meeting held in Abuja.
The statement gave the breakdown if the shadings as follows
The ₦1.818 trillion total distributable revenue consisted of:
*₦1.018tn from statutory revenue;
*₦631.507 billion from Value Added Tax (VAT);
*₦29.165bn from Electronic Money Transfer Levy (EMTL);
*₦38.849bn from Exchange Difference, and
₦100bn as augmentation from non-mineral revenue.
Of the total amount shared, the Federal Government received ₦645.383 billion, states received ₦607.417 billion, and local governments received ₦444.853 billion.
The statement added that an additional ₦120.759bn was shared as 13% derivation to states that benefit from mineral resources.
The communiqué issued by FAAC revealed that the gross statutory revenue for June stood at ₦3.485 trillion, up by ₦1.390 trillion from the ₦2.094 trillion recorded in May 2025.
However, VAT revenue dropped to ₦678.165bn in June from ₦742.820bn in May, marking a decline of ₦64.655bn.
From the ₦1.018tn statutory revenue shared, the
Federal Government received ₦474.455bn,
State Governments got ₦240.650bn, and
LGs received ₦185.531bn.
It added that ₦118.256bn went to oil-producing states as 13% derivation.
Of the ₦631.507bn VAT revenue shared, the
Federal Government got ₦94.726bn,
states received ₦315.754bn, while
LGs received ₦221.027bn.
From the ₦29.165bn Electronic Money Transfer Levy, the
FG received ₦4.375bn,
states got ₦14.582bn, and
LGs received ₦10.208bn.
According to the statement, from the ₦38.849bn Exchange Difference revenue, the
FG got ₦19.147bn,
states received ₦9.712bn, while
LGs received ₦7.487bn.
A total of ₦2.503bn was allocated to states as 13% derivation, according to the statement.
It added that from the ₦100bn non-mineral revenue augmentation,
The FG received ₦52.680bn,
states got ₦26.700bn, while the
LGs received ₦20.600bn.
The FAAC communiqué highlighted a significant increase in Companies Income Tax (CIT), Petroleum Profit Tax (PPT), and Electronic Money Transfer Levy (EMTL) during the month.
However, it noted a considerable drop in collections from Oil and Gas Royalty, Value Added Tax (VAT), Import Duty, Excise Duty, and Common External Tariff (CET) Levies.
