The Federation Account Allocation Committee (FAAC) disclosed on Friday that a total sum of N2.103 trillion, being September 2025 Federation Account Revenue was distributed to the Federal Government, states and the local governments.
The committee stated that revenue was shared to the three tiers of government at its October 2025 meeting held in Abuja.
Specifically, it revealed that the N2.103 trillion total distributable revenues comprised statutory revenue of N1.239 trillion, Value Added Tax (VAT) revenue of N812.593 billion, and Electronic Money Transfer Levy (EMTL) revenue totalling N51.684 billion.
A communiqué issued by the Federation Account Allocation Committee (FAAC) indicated that total gross revenue of N3.054 trillion was available in the month of September 2025. Total deduction for cost of collection was N116.149 billion while total transfers, interventions, refunds and savings was N835.005 billion.
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According to the communiqué, gross statutory revenue of N2.128 trillion was collected in the month, lower by N710.134 billion than the sum of N2.838 trillion generated in August 2025.
The committee indicated that total gross revenue of N872.630 billion was available from the Value Added Tax (VAT) in the month under review, which was higher than the N722.619 billion generated from the revenue source in the preceding month by N150.011 billion.
The FAAC disclosed that from the N2.103 trillion total distributable revenue, the Federal Government received total sum of N711.314 billion compared to the state governments’ N727.170 billion, and the local governments’ N529.954 billion, while the sum of N134.956 billion (13% of mineral revenue) was shared to the benefiting State as derivation revenue.
On the N1.239 trillion distributable statutory revenue, the communiqué stated that the Federal Government received N581.672 billion and the state governments got N295.032 billion, the local governments shared N227.457 billion and the sum of N134.956 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.
Also, from the N812.593 billion distributable Value Added Tax (VAT) revenue, the Federal Government got N121.889 billion, the state governments received N406.297 billion and the local governments received N284.408 billion.
The committee revealed that a total sum of N7.753 billion was distributed to the Federal Government from the N51.684 billion Electronic Money Transfer Levy (EMTL), the state governments received N25.842 billion and the local governments shared N18.089 billion.
In the month, Import Duty, Value Added Tax (VAT) and Electronic Money Transfer Levy (EMTL) increased significantly while Companies Income Tax (CIT) and CET Levies decreased considerably. Petroleum Profit Tax (PPT) marginally increased while Oil and Gas Royalty and Excise Duty dropped.
