The Federal Accounts Allocation Committee (FAAC) has shared a total of ₦1.969 trillion among the Federal Government, state governments, and local government councils from federation revenue generated in December 2025.
A communiqué issued after FAAC’s monthly meeting on Monday explained that the distributable revenue was drawn from statutory allocations, Value Added Tax (VAT), and the Electronic Money Transfer Levy (EMTL). The committee disclosed that gross revenue for the month stood at ₦2.585 trillion, after deductions for collection costs and provisions for transfers, refunds, and savings.
According to the communiqué, gross statutory revenue declined compared to November, while VAT collections recorded a significant increase, highlighting continued growth in non-oil revenue. The December allocation also included derivation revenue for oil-producing states.
From the total distributable sum of ₦1.969 trillion, the Federal Government received ₦653.500 billion, state governments got ₦706.469 billion, and local government councils were allocated ₦513.272 billion. Oil-producing states received ₦96.083 billion as derivation revenue, representing 13 per cent of mineral revenue.
Further details showed that of the ₦1.084 trillion shared as statutory revenue, the Federal Government received ₦520.807 billion, states ₦264.160 billion, local governments ₦203.656 billion, while oil-producing states received ₦96.083 billion as derivation.
From the ₦846.507 billion generated as VAT revenue, the Federal Government received ₦126.976 billion, states were allocated ₦423.254 billion, and local governments got ₦296.277 billion.
