FG, States, LGs Share ₦1.928trn November 2025 Revenue
A total of ₦1.928 trillion from the November 2025 Federation Account Revenue has been shared among the Federal Government, state governments and local government councils.
The allocation was approved at the December 2025 meeting of the Federation Account Allocation Committee (FAAC), which was held in Abuja, according to a statement issued after the meeting.
The amount distributed 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).
FAAC disclosed that total gross revenue available in November 2025 stood at ₦2.343 trillion. From this figure, ₦84.251 billion was deducted as cost of collection, while ₦330.625 billion went into transfers, interventions, refunds and savings.
Gross statutory revenue for the month was ₦1.736 trillion, representing a drop of ₦427.969 billion compared with the ₦2.164 trillion recorded in October 2025. Similarly, gross VAT revenue declined to ₦563.042 billion in November, down from ₦719.827 billion in October, a decrease of ₦156.785 billion.
From the total distributable sum of ₦1.928 trillion, the Federal Government received ₦747.159 billion, state governments received ₦601.731 billion, while local government councils got ₦445.266 billion. An additional ₦134.355 billion, representing 13 per cent of mineral revenue, was shared among the benefiting states as derivation revenue.
Breaking down the statutory allocation of ₦1.403 trillion, the Federal Government received ₦668.336 billion, states got ₦338.989 billion and local governments received ₦261.346 billion, alongside the ₦134.355 billion paid as derivation revenue.
From the ₦485.838 billion VAT pool, the Federal Government received ₦72.876 billion, state governments ₦242.919 billion and local governments ₦170.043 billion.
In the case of the ₦39.646 billion EMTL revenue, ₦5.947 billion went to the Federal Government, ₦19.823 billion to state governments and ₦13.876 billion to local government councils.
FAAC noted that excise duty recorded a moderate increase in November 2025, while several revenue lines, including Petroleum Profit Tax, Hydrocarbon Tax, Companies Income Tax, oil and gas royalties, import duty, CET levies, VAT, EMTL and fees, saw significant declines during the period.