FAAC Distributes ₦1.93 Trillion November Revenue to FG, States, LGs
A total of ₦1.928 trillion from November 2025 Federation Account revenue has been shared among the federal, state, and local governments.
According to a communiqué from the Federation Account Allocation Committee (FAAC), the distribution was decided at the committee’s December 2025 meeting in Abuja.
The total distributable revenue of ₦1.928 trillion comprised ₦1.403 trillion in statutory revenue, ₦485.838 billion from Value Added Tax (VAT), and ₦39.646 billion from the Electronic Money Transfer Levy (EMTL).
The communiqué indicated that a total gross revenue of ₦2.343 trillion was available in November 2025. From this, ₦84.251 billion was deducted for cost of collection, while ₦330.625 billion was allocated for transfers, interventions, refunds, and savings.
Gross statutory revenue for November was ₦1.736 trillion, a decrease of ₦427.969 billion from the ₦2.164 trillion received in October 2025. Gross VAT revenue available was ₦563.042 billion, down by ₦156.785 billion from October’s ₦719.827 billion.
From the total distributable ₦1.928 trillion, the Federal Government received ₦747.159 billion, state governments received ₦601.731 billion, and local government councils received ₦445.266 billion. A sum of ₦134.355 billion (13% of mineral revenue) was shared among oil-producing states as derivation revenue.
Breaking down the distributable statutory revenue of ₦1.403 trillion, the Federal Government received ₦668.336 billion, states received ₦338.989 billion, and local governments received ₦261.346 billion, with the same ₦134.355 billion going to derivation.
From the VAT revenue of ₦485.838 billion, the Federal Government received ₦72.876 billion, states received ₦242.919 billion, and local governments received ₦170.043 billion.
The EMTL revenue of ₦39.646 billion was shared as follows: Federal Government, ₦5.947 billion; state governments, ₦19.823 billion; and local government councils, ₦13.876 billion.
The communiqué noted that in November 2025, only Excise Duty recorded a moderate increase. Significant decreases were recorded in Petroleum Profit Tax (PPT), Hydrocarbon Tax, Companies Income Tax (CIT), Capital Gains Tax, Oil and Gas Royalties, Import Duty, and revenues from VAT and the EMTL.
