The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.969 trillion as December 2025 revenue to the Federal Government, States, and Local Government Councils.
The allocation was announced during the January 2026 FAAC meeting held in Abuja. The disclosure came in a statement issued by Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant-General of the Federation (OAGF), on Monday.
Mokwa explained that the December allocation comprised ₦1.084 trillion statutory revenue, ₦846.507 billion Value Added Tax (VAT), and ₦38.110 billion Electronic Money Transfer Levy (EMTL).
He added that the gross revenue available in December stood at ₦2.585 trillion.
“Total deduction for cost of collection was ₦104.697 billion, while total transfers, refunds, and savings were ₦511.585 billion,” Mokwa stated.
Breakdown of Allocations
According to the OAGF, Local Government Councils received ₦513.272 billion, while ₦96.083 billion (13% of mineral revenue) was shared with benefiting states as derivation revenue.
From the ₦1.084 trillion distributable statutory revenue, the Federal Government received ₦520.807 billion, State Governments received ₦264.160 billion, and Local Government Councils received ₦203.656 billion.
In total, from the ₦1.969 trillion distributable revenue, the Federal Government received ₦653.500 billion, while State Governments received ₦706.469 billion.
FAAC also confirmed that from the ₦846.507 billion VAT revenue, the Federal Government received ₦126.976 billion, States received ₦423.254 billion, and Local Governments received ₦296.277 billion.
On the Electronic Money Transfer Levy (EMTL), Mokwa explained that the Federal Government received ₦5.717 billion, States received ₦19.055 billion, and Local Governments received ₦13.338 billion.
Revenue Performance
Mokwa noted that Companies’ Income Tax (CIT/CGT), Import Duty, and VAT collections recorded significant increases in December.
He added that Oil and Gas Royalty, CET Levies, and Fees rose marginally.
However, Excise Duty, Petroleum Profit Tax (PPT)/Hydrocarbon Tax (HT), and the Electronic Money Transfer Levy (EMTL) recorded considerable decreases.
The FAAC allocations remain critical for funding government operations across Nigeria, especially for states and local councils that rely heavily on monthly disbursements to meet obligations.
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