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Federal Government Disburses N2.001 Trillion Through FAAC

Strategic Insights

— 1 min read

The Federal Government through the Federation Account Allocation Committee (FAAC) has disbursed a total of N2.001 trillion to the Federal Government, States, and Local Government Councils from the July 2025 revenue. This is a slight increase compared to the N1.81 trillion shared in the previous month. The total distributable revenue comprised distributable statutory revenue of N1,282.872 trillion, distributable Value Added Tax (VAT) revenue of N640.610 billion, Electronic Money Transfer Levy (EMTL) revenue of N37.601 billion, and Exchange Difference of N39.745 billion.

Key Takeaways:

  • The total distributable revenue of N2 trillion was shared among the three tiers of government, with the Federal Government receiving N735 billion, State Governments receiving N660 billion, and Local Government Councils receiving N485 billion.
  • The Federal Government received N613.805 billion from the distributable statutory revenue, while the State Governments received N311.330 billion and the Local Government Councils received N240.023 billion.
  • From the N640.610 billion distributable Value Added Tax (VAT) revenue, the Federal Government received N96.092 billion, the State Governments received N320.305 billion, and the Local Government Councils received N224.214 billion.
  • The Federal Government received a total sum of N5.640 billion from the EMTL revenue, while the State Governments received N18.801 billion and the Local Government Councils received N13.160 billion.
  • The Local Government Councils received N7.643 billion from the Exchange Difference, while the sum of N2.643 billion was shared to the benefiting States as derivation revenue.

Statistics:

  • Total distributable revenue: N2 trillion
  • Distributable statutory revenue: N1,282.872 billion
  • Distributable Value Added Tax (VAT) revenue: N640.610 billion
  • Electronic Money Transfer Levy (EMTL) revenue: N37.601 billion
  • Exchange Difference: N39.745 billion
  • Federal Government share: N735 billion
  • State Governments share: N660 billion
  • Local Government Councils share: N485 billion
  • Total deduction for cost of collection: N152.681 billion
  • Total transfers, interventions, refunds, and savings: N1.683 trillion
  • Gross statutory revenue for the month of July 2025: N3.070 trillion

Sources:

  • Communique issued by the FAAC Committee at the August 2025 FAAC meeting held in Abuja
  • Federation Account Allocation Committee (FAAC) reports

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