FAAC Shares N1.93 Trillion November Revenue to FG, States, and LGs

FAAC Shares N1.93 Trillion November Revenue to FG, States, and LGs

The Federation Account Allocation Committee (FAAC) has disbursed N1.928 trillion in revenue to the Federal Government, state governments, and local government councils for November 2025. This amount represents a 7.93% decline from the N2.094 trillion shared in October .

The distributable revenue comprises .
– N1.403 trillion from statutory revenue
– N485.838 billion from Value Added Tax (VAT)
– N39.646 billion from Electronic Money Transfer Levy (EMTL)

The revenue was shared among the three tiers of government as follows
– Federal Government: N747.159 billion
– State Governments: N601.731 billion
– Local Government Councils: N445.266 billion
– Oil-producing states: N134.355 billion as 13% derivation revenue

The decline in revenue was attributed to weakened revenue inflows, particularly from oil and non-oil tax sources. Gross statutory revenue dropped by N427.969 billion, while VAT revenue fell by N156.785 billion .

The FAAC’s monthly revenue allocation plays a critical role in Nigeria’s fiscal federalism, ensuring that the three tiers of government have funds to meet their financial obligations and deliver services to citizens.

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