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Federation Allocation Account Committee Shares N1.681 Trillion for April 2025 Federation Account Revenue

Strategic Insights

— 2 min read

The Federation Allocation Account Committee (FAAC) has shared a total of N1.681 trillion among the Federal Government, States, and Local Government Councils as April 2025 Federation Account Revenue. This allocation marks a significant increase of N103 billion compared to the N1.578 trillion shared in March 2025. The allocation was made at the May 2025 meeting of the FAAC held in Abuja. The total distributable revenue of N1.681 trillion comprised distributable statutory revenue of N962.882 billion, distributable Value Added Tax (VAT) revenue of N598.077 billion, Electronic Money Transfer Levy (EMTL) revenue of N38.862 billion, and Exchange Difference of N81.407 billion.

Key Takeaways:

  • The total distributable revenue of N1.681 trillion was shared among the Federal Government, States, and Local Government Councils, marking an increase of N103 billion compared to March 2025.
  • The allocation consisted of N962.882 billion in distributable statutory revenue, N598.077 billion in distributable VAT revenue, N38.862 billion in EMTL revenue, and N81.407 billion in Exchange Difference.
  • The Federal Government received a total sum of N565.307 billion, while the State Governments received a total sum of N556.741 billion, and the Local government Council received N406.627 billion.
  • The gross statutory revenue of N2,084.568 trillion was received for the month of April 2025, which is higher than the sum of N1,718.973 trillion received in March 2025 by N365.595 billion.
  • The gross revenue of N642.265 billion was available from the Value Added Tax (VAT) in April 2025, which is higher than the N637.618 billion available in March 2025 by N4.647 billion.
  • The sum of N152.553 billion (13% of mineral revenue) was shared with the benefiting State as derivation revenue.
  • The FAAC allocation shows a significant increase in revenue from Petroleum Profit Tax (PPT), Oil and Gas Royalty, Electronic Money Transfer Levy (EMTL), Value Added Tax (VAT), Excise Duty, Import Duty, and CET Levies in April 2025, while Companies Income Tax (CIT) decreased significantly.

Statistics:

  • N1.681 trillion: Total distributable revenue shared among the Federal Government, States, and Local Government Councils.
  • N103 billion: Increase in allocation compared to March 2025.
  • N962.882 billion: Distributable statutory revenue.
  • N598.077 billion: Distributable Value Added Tax (VAT) revenue.
  • N38.862 billion: Electronic Money Transfer Levy (EMTL) revenue.
  • N81.407 billion: Exchange Difference.
  • N565.307 billion: Total sum received by the Federal Government.
  • N556.741 billion: Total sum received by the State Governments.
  • N406.627 billion: Total sum received by the Local government Council.
  • N2,084.568 trillion: Gross statutory revenue received for the month of April 2025.
  • N365.595 billion: Increase in gross statutory revenue compared to March 2025.
  • N642.265 billion: Gross revenue available from the Value Added Tax (VAT) in April 2025.
  • N4.647 billion: Increase in gross revenue from VAT compared to March 2025.
  • N152.553 billion (13% of mineral revenue): Sum shared with the benefiting State as derivation revenue.
  • N1.578 trillion: Allocation shared in March 2025.
  • N1.718.973 trillion: Gross statutory revenue received in March 2025.
  • N637.618 billion: Gross revenue available from VAT in March 2025.

Sources:

  • Federation Allocation Account Committee (FAAC) communique.

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