FAAC DISBURSES #2.34 TRILLION To FEDERAL STATE AND LOCAL GOVERNMENT IN DECEMBER 2025.

The Federation Account Allocation Committee (FAAC) disbursed a total of ₦2.34 trillion in December 2025, sharing revenue generated in November 2025 among the Federal Government, state governments, and local government councils.

The total allocation comprised ₦1.74 trillion from the Statutory Account, ₦43.40 billion from the Electronic Money Transfer Levy (EMTL), and ₦563.04 billion from Value Added Tax (VAT).

The Federal Government received ₦747.16 billion,,State governments received ₦601.73 billion, and Local government councils received ₦445.27 billion.

In addition, ₦134.36 billion was shared among oil-producing states as 13% derivation revenue, in line with constitutional provisions.

A further breakdown of the Federal Government’s share showed:₦581.19 billion credited to the FGN Consolidated Revenue Account,₦12.69 billion allocated to derivation and ecology,₦6.34 billion to the Stabilisation Fund,₦21.31 billion earmarked for the Development of Natural Resources, and 17.58 billion allocated to the Federal Capital Territory (FCT), Abuja.

Revenue-generating agencies received a combined ₦84.25 billion as cost of collection Nigeria Customs Servicereceived ₦16.64 billion, Federal Inland Revenue Servicereceived ₦41.21 billion, andNigerian Upstream Petroleum Regulatory Commissionreceived ₦26.40 billion.

The December disbursement highlights the continued role of statutory revenue and VAT in supporting public finance across all tiers of government, providing liquidity for budget execution as fiscal pressures persist.