The Federal Government, states, and local government councils have shared a total of N1.969 trillion from the December 2025 Federation Account revenue, the Federation Account Allocation Committee (FAAC) has announced.
The disclosure was contained in a communiqué issued after the January FAAC meeting and released on Monday by Mr Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant-General of the Federation.
According to the communiqué, the distributable revenue comprised N1.084 trillion in statutory revenue, N846.507 billion from Value Added Tax (VAT), and N38.110 billion generated from the Electronic Money Transfer Levy (EMTL).
FAAC further revealed that total gross revenue of N2.585 trillion was recorded in December 2025. From this amount, N104.697 billion was deducted as the cost of collection, while N511.585 billion was allocated to transfers, refunds, and savings.
The committee also noted that gross statutory revenue for the month stood at N1.631 trillion, reflecting improved inflows from key revenue sources.
Monthly FAAC allocations remain a critical funding source for the three tiers of government, supporting public service delivery, infrastructure development, and economic activities across the country.
