The Federation Account Allocation Committee (FAAC) has announced that a total of ₦1.969 trillion from the December 2025 Federation Account Revenue was distributed among the Federal Government, state governments, and local councils in Nigeria.
In a statement by FAAC’s Director of Press, Bawa Mokwa, the revenue was shared at the January 2026 FAAC meeting held in Abuja. The total distributable revenue consisted of:
- ₦1.084 trillion from statutory revenue
- ₦846.507 billion from Value Added Tax (VAT)
- ₦38.110 billion from the Electronic Money Transfer Levy (EMTL)
The distributable sum for December rose slightly compared with ₦1.928 trillion shared in November 2025. FAAC reported that total gross revenue for December 2025 was ₦2.585 trillion, with ₦104.697 billion deducted as cost of collection and ₦511.585 billion accounted for transfers, refunds, and savings.
Revenue Breakdown
- Statutory Revenue: ₦1.631 trillion (lower than November’s ₦1.736 trillion)
- VAT Gross Revenue: ₦913.957 billion (up from ₦563.042 billion in November)
From the total distributable revenue of ₦1.969 trillion:
- Federal Government: ₦653.500 billion
- State Governments: ₦706.469 billion
- Local Government Councils: ₦513.272 billion
- Derivation Revenue (13% of mineral revenue): ₦96.083 billion
Statutory Revenue Distribution (₦1.084 trillion):
- Federal: ₦520.807 billion
- States: ₦264.160 billion
- Local Councils: ₦203.656 billion
- Derivation Revenue: ₦96.083 billion
VAT Revenue Distribution (₦846.507 billion):
- Federal: ₦126.976 billion
- States: ₦423.254 billion
- Local Councils: ₦296.277 billion
EMTL Revenue Distribution (₦38.110 billion):
- Federal: ₦5.717 billion
- States: ₦19.055 billion
- Local Councils: ₦13.338 billion
FAAC also noted that in December 2025, Companies Income Tax (CIT)/Capital Gains Tax (CGT), Stamp Duties, Import Duty, and VAT increased significantly, while Oil and Gas Royalty, CET Levies, and Fees saw marginal growth. Excise Duty, Petroleum Profit Tax (PPT)/Hydrocarbon Tax (HT), and EMTL recorded notable decreases.
This distribution highlights the continuing revenue flows to the three tiers of government and reflects changes in both tax collection and oil-related income for December 2025.