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Federation Account Revenue Shared to Federal Government, States and Local Governments

Strategic Insights

— 2 min read

The Federation Account Revenue for April 2025, totaling N1.681 trillion, has been shared to the Federal Government, States, and Local Government Councils. The revenue was shared at the May 2025 Federation Account Allocation Committee (FAAC) meeting in Abuja. The total distributable revenue comprised distributable statutory revenue, Value Added Tax (VAT) revenue, Electronic Money Transfer Levy (EMTL) revenue, and Exchange Difference.

Key Takeaways:

  • The total distributable revenue for April 2025 was N1.681 trillion, comprising distributable statutory revenue of N962.882 billion, VAT revenue of N598.077 billion, EMTL revenue of N38.862 billion, and Exchange Difference of N81.407 billion.
  • The Federal Government received a total sum of N565.307 billion, while the State Governments received N556.741 billion and the Local Government Councils received N406.627 billion.
  • The N2,848.721 trillion total gross revenue available in April 2025 was higher than the total gross revenue of N2,191.606 trillion available in March 2025 by N657.115 trillion.
  • The gross statutory revenue of N2,084.568 trillion received in April 2025 was higher than the N1,718.973 trillion received in March 2025 by N365.595 billion.
  • The VAT revenue of N598.077 billion available in April 2025 was higher than the N637.618 billion available in March 2025.
  • The State Governments received N299.039 billion from the N598.077 billion distributable VAT revenue, while the Local Government Councils received N209.327 billion.
  • The Electronic Money Transfer Levy (EMTL) revenue of N38.862 billion was received by the Federal Government, with N4.789 billion (12.5% of revenue) shared to States and N3.713 billion (9.5% of revenue) to Local Governments.
  • The Exchange Difference of N81.407 billion was received by the Federal Government, with N19.507 billion shared to States and N15.039 billion to Local Governments.

Statistics:

  • Total distributable revenue for April 2025: N1.681 trillion
  • Distributable statutory revenue: N962.882 billion
  • Value Added Tax (VAT) revenue: N598.077 billion
  • Electronic Money Transfer Levy (EMTL) revenue: N38.862 billion
  • Exchange Difference: N81.407 billion
  • Gross revenue available for April 2025: N2,848.721 trillion
  • Total gross revenue available in March 2025: N2,191.606 trillion
  • Increase in gross revenue from March to April 2025: N657.115 trillion
  • Gross statutory revenue received in April 2025: N2,084.568 trillion
  • Gross statutory revenue received in March 2025: N1,718.973 trillion
  • Increase in gross statutory revenue from March to April 2025: N365.595 billion
  • VAT revenue available in April 2025: N642.265 billion
  • VAT revenue available in March 2025: N637.618 billion
  • Increase in VAT revenue from March to April 2025: N4.647 billion

Sources:

  • Statement by Spokesperson for the Office of the Accountant General of the Federation (OAGF) Bawa Mokwa.
  • Communique issued by the Federation Account Allocation Committee (FAAC).

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