FG, States, LGAs share N1.82tr as revenue allocation for June

The three tiers of government shared a total of N1.82 trillion as revenue allocation for June.

The figure was N170 billion higher than the N1.65 trillion shared in May.

The Director of Press at the Office of the Accountant-General of the Federation (OAGF), Bawa Mokwa, announced this in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for July held on Saturday.

He said the N1.82 trillion total distributable revenue comprised Distributable Statutory Revenue of N1.01 trillion, Value Added Tax (VAT) Revenue of N631.507 billion and Electronic Money Transfer Levy (EMTL) Revenue of N29.165 billion, Exchange Difference Revenue of N38.84 billion, and a N100 billion Augmentation from Non-mineral Revenue.

“The Federation Account Allocation Committee (FAAC) indicated that total gross revenue of N4.232 trillion was available in June 2025,” the communiqué read.

“Total deduction for cost of collection was N162.786 billion while total transfers, interventions, refunds, and savings was N2.25 trillion.

“The gross statutory revenue for June 2025 was N3.49 trillion — higher than the N2.09 trillion recorded in May by N1.39 trillion.

“Gross VAT revenue in June stood at N678.17 billion, representing a decline of N64.65 billion from the N742.82 billion generated in May.

“From the N1.82 trillion total distributable revenue, the Federal Government received N645.38 billion, states got N607.42 billion, and local government councils received N444.85 billion.

“Additionally, N120.76 billion (13 percent of mineral revenue) was shared to oil-producing states as derivation revenue.

“On the N1.018 trillion distributable statutory revenue, the communiqué stated that the Federal Government received N474.455 billion and the State Governments received N240.650 billion.

“The local government councils received N185.531 billion, and the sum of N118.256 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.

“From the N631.507 billion distributable Value Added Tax (VAT) revenue, the federal government received N94.726 billion, the state Governments received N315.754 billion, and the local government councils received N221.027 billion.

“A total sum of N4.375 billion was received by the federal government from the N29.165 billion Electronic Money Transfer Levy (EMTL).

“The state governments received N14.582 billion and the local government councils received N10.208 billion.”

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