US EditionFAAC: Nigerian Govt, States, LGAs Share N1.681 Trillion in April
- In April 2025, a total of N1.681 trillion was shared among Nigeria’s federal, state, and local governments by the revenue-sharing committee.
- The increased distribution was attributable to higher revenue inflows from key sectors, including substantial growth in taxes and levies related to oil production, value-added tax, and electronic transaction charges, occurring alongside inflationary pressures and currency instability.
- In April, the total gross revenue amounted to N2.848 trillion, from which N101.051 billion was subtracted as collection expenses and an additional N1.066 trillion allocated for transfers, refunds, and savings prior to distribution.
- Out of the total revenue of N1.681 trillion distributed, N565.307 billion was allocated to the Federal Government, N556.741 billion to the states, N406.627 billion to local government councils, and oil-producing states obtained N152.553 billion as their 13% derivation allocation.
- The enhanced allocation introduced in April provides budgetary support for all government tiers, supporting initiatives to maintain financial stability during current economic reforms and spending challenges.
15 Articles
15 Articles
FAAC: Nigerian govt, states, LGAs share N1.681 trillion in April
The Federation Account Allocation Committee, FAAC, distributed a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, 36 States, and 774 Local Government Councils across the country. The figure, shared at the FAAC meeting in Abuja on Friday, reportedly reflected an increase of N103 billion compared to the N1.578 trillion shared in March 2025. In the communiqué issued at the end of the meeting, the total distribu…
FG, States, LGAs Get N1.681trn from April Revenue from FAAC
By Aduragbemi Omiyale The sum of N1.681 trillion has been disbursed to the federal government, the 36 states and the 774 local government areas of the federation from the N2.849 trillion generated in April 2025 by the nation, higher than the N1.719 trillion earned in March 2025. The money was given to the three tiers […]
Federal, State, LGs share N1.681trn FAAC allocation for April
The Federation Account Allocation Committee (FAAC), at its May 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1. 681Trillion to the three tiers of government as Federation Allocation for the month of April 2025 from a gross total of N2.848 […] The post Federal, State, LGs share N1.681trn FAAC allocation for April appeared first on Trending News.
FG, States, LGs Share ₦1.681trillion — City Business News
Advertisements The sum of ₦1.681 trillion, being April 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the May 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja, according to a statement issued by FAAC spokesperson, Bawa Mokwa, on Friday. The ₦1.681 trillion total distributable revenue, according to Mokwa, comprised distributa…
FG, states, LGs share N1.681trn for April
The Federation Account Allocation Committee (FAAC), has shared N1.681 trillion, being April revenue among the Federal Government, states and the Local Government Councils (LGCs) . This is acccording to a communiqué made available by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant- General of the Federation (OAGF). The communiqué said that … The post FG, states, LGs share N1.681trn for April appeared first on Dateli…
FAAC Shares N1.68 Trillion April Revenue To Federal, State, Local Governments - TheNigeriaLawyer
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.681 trillion, being April 2025 Federation Account Revenue to the Federal, States and the Local Governments at the May 2025 meeting held in Abuja. The N1.681 trillion total distributable revenue comprised distributable statutory revenue of N962.882 billion, distributable Value Added Tax (VAT) revenue of N598.077 billion, Electronic Money Transfer Levy (EMTL) revenue o…
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