FG, STATES, LGs SHARE N1.818 TRILLION JUNE 2025 REVENUE

Read Time:1 Minute, 42 Second

By: Sefiu Ajape

The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.818 trillion to the federal, state, and local governments as federation allocation for June 2025, from a gross revenue of ₦4.232 trillion.

The allocation was announced during FAAC’s July 2025 meeting, chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

The disbursed amount includes revenues from Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), Exchange Difference, and a ₦100 billion augmentation from non-mineral revenue. The breakdown is as follows:

Federal Government: ₦645.383 billion
State Governments: ₦607.417 billion
Local Government Councils: ₦444.853 billion
Oil Producing States (13% derivation): ₦120.759 billion

An additional ₦162.786 billion was set aside as cost of collection, and ₦2.251 trillion was allocated for transfers, interventions, and refunds.

According to the FAAC communique, gross VAT revenue for June stood at ₦678.165 billion, a decrease of ₦64.655 billion from the previous month’s ₦742.820 billion.

Of this, ₦27.127 billion went to cost of collection, and ₦19.531 billion to transfers and refunds. The remaining ₦631.507 billion was distributed as follows:

FG: ₦94.726 billion
States: ₦315.754 billion
LGs: ₦221.027 billion

For statutory revenue, ₦3.385 trillion was generated — an increase of ₦1.390 trillion from the previous month’s ₦2.094 trillion.

After deducting ₦134.444 billion for collection costs and ₦2.231 trillion for transfers and refunds, the balance of ₦1.018 trillion was shared as follows:

FG: ₦474.455 billion
States: ₦240.650 billion
LGs: ₦185.531 billion
Derivation (13%): ₦118.256 billion

Also, from the ₦30.380 billion received through EMTL: