Share!
The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦2.343 trillion to the three tiers of government, Federal, State and Local Governments, for the month of December 2025, representing revenue generated in November 2025.
According to the FAAC disbursement report, the Federal Government received ₦747.16 billion, state governments shared ₦601.73 billion, while local government councils got ₦445.27 billion. An additional ₦134.36 billion was allocated to the 13 per cent derivation fund for oil-producing states.
A breakdown of the statutory allocation shows that the Federal Government received ₦668.34 billion, states got ₦338.99 billion, and local governments received ₦261.35 billion. Other revenues, largely from the Electronic Money Transfer Levy (EMTL), stood at ₦5.95 billion for the Federal Government, ₦19.82 billion for states, and ₦13.88 billion for local governments.
From Value Added Tax (VAT), FAAC distributed ₦485.84 billion, with the Federal Government receiving ₦72.88 billion, states ₦242.92 billion, and local governments ₦170.04 billion, in line with the approved revenue-sharing formula.
The report further shows that ₦49.77 billion was transferred to the Midstream and Downstream Gas Infrastructure Fund (MDGIF), while ₦20 billion was paid into the Non-Oil Excess Account. A sum of ₦43.61 billion, representing 0.5 per cent of non-oil revenue, was allocated to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).
Other deductions included ₦41.21 billion for the cost of collection by the Federal Inland Revenue Service (FIRS), ₦16.64 billion for the Nigeria Customs Service (NCS), and ₦26.40 billion for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The North East Development Commission received ₦16.22 billion, while ₦18.16 billion was set aside for refunds on petrol subsidy and priority projects.
Meanwhile, the Federal Government’s share from the Consolidated Revenue Fund (CRF) stood at ₦581.20 billion, while the Federal Capital Territory (FCT), Abuja, received a total allocation of ₦17.58 billion.
The FAAC report noted that the allocations reflect statutory deductions and transfers as approved by relevant laws and regulations governing revenue distribution in Nigeria.
No related posts.
