The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.928 trillion to the federal, state, and local governments as federation account revenue for November 2025. The allocation was approved during the December 2025 FAAC meeting held in Abuja.
The distributable revenue was drawn from a gross total of ₦2.343 trillion, after deductions of ₦84.251 billion for cost of collection and ₦330.625 billion for transfers, interventions, and refunds.
Breakdown of Allocations:
- Federal Government: ₦747.159 billion
- State Governments: ₦601.731 billion
- Local Government Councils: ₦445.266 billion
- Oil-Producing States (13% Derivation): ₦134.355 billion
The ₦1.928 trillion comprised:
- Distributable Statutory Revenue: ₦1.403 trillion
- Distributable Value Added Tax (VAT): ₦485.838 billion
- Electronic Money Transfer Levy (EMTL): ₦39.646 billion
Key Revenue Trends:
- Gross Statutory Revenue: ₦1.736 trillion (down ₦427.969 billion from ₦2.164 trillion in October 2025)
- Gross VAT Revenue: ₦563.042 billion (down ₦156.785 billion from ₦719.827 billion in October 2025)
- EMTL: ₦43.400 billion gross, with ₦39.646 billion distributable
The communiqué noted a moderate increase in Excise Duty, but substantial decreases in Petroleum Profit Tax (PPT), Hydrocarbon Tax (HT), Companies Income Tax (CIT) on upstream activities, oil and gas royalties, import duty, CET levies, VAT, EMTL, and other fees.+See more details
This marks a decline from the ₦2.094 trillion shared for October 2025.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
