The Federation Account Allocation Committee (FAAC) has shared a total of N2.225 trillion as federation revenue for August 2025 — the highest monthly disbursement ever to the three tiers of government and other statutory recipients.
Gatekeepers News reports that the figure marks the second consecutive month FAAC allocations have exceeded N2 trillion.
According to a communiqué issued at the end of the FAAC meeting in Abuja, the surge in distributable revenue was driven by higher receipts from oil and gas royalties, value-added tax (VAT), and common external tariff (CET) levies.
Gross federation revenue for the month stood at N3.635 trillion, from which N124.839 billion was deducted as cost of collection, while other statutory transfers, interventions, refunds, and savings were also set aside.
Breakdown of August Allocation
• Statutory Revenue – N1.478 trillion
• Federal Government: N684.462 billion
• States: N347.168 billion
• Local Governments: N267.652 billion
• Derivation (13% to oil-producing states): N179.311 billion
• VAT – N672.903 billion
• Federal Government: N100.935 billion
• States: N336.452 billion
• Local Governments: N235.516 billion
• Electronic Money Transfer Levy (EMTL) – N32.338 billion
• Federal Government: N4.851 billion
• States: N16.169 billion
• Local Governments: N11.318 billion
• Exchange Difference – N41.284 billion
• Federal Government: N19.799 billion
• States: N10.042 billion
• Local Governments: N7.742 billion
• Derivation (13% to oil-producing states): N3.701 billion
FAAC noted that the unprecedented revenue inflow highlights improved performance in both oil and non-oil sectors.
