The Federal Accounts Allocation Committee (FAAC) has disbursed a total of N1.969 trillion to the federal government, states, and local government councils from federation revenue accrued in December 2025.
According to a communique released on Sunday, the December 2025 allocation comprised distributable statutory revenue of N1.084 trillion, Value Added Tax (VAT) revenue of N846.507 billion, and Electronic Money Transfer Levy (EMTL) revenue of N38.110 billion.
FAAC indicated that total gross revenue for the month stood at N2.585 trillion, with N104.697 billion deducted for cost of collection and N511.585 billion allocated for transfers, refunds, and savings.
The communiqué further showed that gross statutory revenue of N1.631 trillion was collected in December, slightly lower than the N1.736 trillion recorded in November 2025. Meanwhile, gross VAT revenue of N913.957 billion in December was significantly higher than the N563.042 billion collected the previous month.
From the N1.969 trillion distributable revenue, the Federal Government received N653.500 billion, states received N706.469 billion, and local government councils received N513.272 billion. Additionally, N96.083 billion representing 13% of mineral revenue was shared among the benefiting states as derivation revenue.
Breakdown of the statutory and VAT allocations shows:
Distributable statutory revenue (N1.084 trillion): FG – N520.807 billion; States – N264.160 billion; LGs – N203.656 billion; Derivation – N96.083 billion.
Distributable VAT revenue (N846.507 billion): FG – N126.976 billion; States – N423.254 billion; LGs – N296.277 billion.
EMTL revenue (N38.110 billion): FG – N5.717 billion; States – N19.055 billion; LGs – N13.338 billion.
FAAC noted that in December 2025, Companies Income Tax (CIT)/Capital Gains Tax (CGT), Stamp Duties (STD), Import Duty, and VAT saw significant increases, while Oil and Gas Royalties, CET levies, and fees rose marginally. Conversely, Excise Duty, Petroleum Profit Tax (PPT)/Hydrocarbon Tax (HT), and EMTL recorded notable decreases.
This allocation reinforces the continuing efforts to ensure equitable distribution of revenue across all tiers of government.
Elijah Adeyemi
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