FG, States, LGs Share N1.681 Trillion April 2025 Federation Revenue

The Federation Account Allocation Committee (FAAC) shared N1.681 trillion in revenue generated in April 2025 among the federal government, states, and local government councils.

This was disclosed in a statement issued on Friday by Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation (OAGF), following the FAAC meeting held in Abuja.

According to the statement, the total distributable revenue comprised N962.882 billion from statutory sources, N598.077 billion from Value Added Tax (VAT), N38.862 billion from Electronic Money Transfer Levy (EMTL), and N81.407 billion from Exchange Difference.

A communiqué released after the meeting indicated that the total gross revenue available in April was N2.848 trillion. From this amount, N101.051 billion was deducted as the cost of collection, while N1.066 trillion was earmarked for transfers, interventions, refunds, and savings.

The communiqué further revealed that the gross statutory revenue for April stood at N2.084 trillion, reflecting a significant increase of N365.595 billion compared to the N1.718 trillion recorded in March.

Similarly, gross VAT revenue for the month amounted to N642.265 billion, up by N4.647 billion from the N637.618 billion collected in March.

Revenue Distribution

From the N1.681 trillion total distributable revenue:

• Federal Government received N565.307 billion
• State Governments received N556.741 billion
• Local Government Councils received N406.627 billion
• N152.553 billion was shared as 13% derivation revenue to oil-producing states

Breaking it down further:

• From the N962.882 billion statutory revenue, the Federal Government received N431.307 billion, States got N218.765 billion, LGs got N168.659 billion, and N144.151 billion was shared as derivation.
• Of the N598.077 billion VAT revenue, the Federal Government received N89.712 billion, States received N299.039 billion, and LGs received N209.327 billion.
• From the N38.862 billion EMTL, the Federal Government received N5.829 billion, States received N19.431 billion, and LGs received N13.602 billion.
• From the N81.407 billion Exchange Difference, the Federal Government got N38.459 billion, States received N19.507 billion, LGs got N15.039 billion, while N8.402 billion was disbursed as derivation revenue.

Sectoral Performance

The communiqué also noted significant revenue increases in Petroleum Profit Tax (PPT), Oil and Gas Royalty, EMTL, VAT, Excise Duty, Import Duty, and CET Levies, while Companies Income Tax (CIT) declined markedly during the month.