The Federation Account Allocation Committee (FAAC) has allocated a total of N1.818 trillion to the federal government, state governments, and local government councils as revenue from the federation account for June 2025.
This amount marks a 9.6% increase, or N159 billion, compared to the N1.659 trillion distributed in May 2025.
This information was shared in a press release on Saturday by Bawa Mokwa, the Director of Press and Public Relations at the Office of the Accountant General of the Federation.
The allocation followed the FAAC meeting held in July 2025 in Abuja, where government officials assessed revenue inflows and approved the distribution to the three levels of government.
According to the FAAC communiqué, the total distributable revenue of N1.818 trillion, included N1.018 trillion from statutory revenue, N631.507 billion from Value Added Tax (VAT), N29.165 billion from the Electronic Money Transfer Levy (EMTL), N38.849 billion from Exchange Difference revenue, and an additional N100 billion sourced from non-mineral revenue.
The document also indicated that the total gross revenue available for June was N4.232 trillion.
From this, N162.786 billion was deducted for collection costs, while N2.251 trillion was allocated for transfers, interventions, refunds, and savings.
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The federal government received N645 billion, while states received N607 billion, with derivation revenue reaching N120 billion.
Of the N1.818 trillion distributed, the federal government obtained N645.383 billion, state governments shared N607.417 billion, and local government councils received N444.853 billion.
Additionally, N120.759 billion was allocated to oil-producing states as 13% derivation revenue.
A further breakdown reveals that from the N1.018 trillion in statutory revenue, the federal government received N474.455 billion, state governments received N240.650 billion, and local governments got N185.531 billion.
From this amount, N118.256 billion was designated as derivation revenue for eligible states.
For the N631.507 billion in VAT revenue, the federal government received N94.726 billion, states received N315.754 billion, and local governments received N221.027 billion.
The N29.165 billion generated from EMTL was distributed with the federal government receiving N4.375 billion, state governments N14.582 billion, and local governments N10.208 billion.
The exchange difference revenue of N38.849 billion was allocated as follows, federal government N19.147 billion, states N9.712 billion, and local governments N7.487 billion.
Additionally, N2.503 billion from this category was given as derivation revenue to mineral-producing states.
The N100 billion increase from non-mineral revenue was divided, with the federal government receiving N52.680 billion, state governments N26.720 billion, and local governments N20.600 billion.
