FG, States, and Local Governments Receive N1.818 Trillion from June 2025 Revenue DistriNigeria.
In a recent allocation, the Federal Government, States, and Local Government Councils have collectively received N1.818 trillion, representing the Federation Account Revenue for June 2025.
A press statement issued by Bawa Mokwa, Director of Press and Public Relations, revealed that this significant distribution was finalized during the July 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja.
The N1.818 trillion shared among the three tiers of government includes N1.018 trillion in distributable statutory revenue, N507 billion in Value Added Tax (VAT) revenue, N29.165 billion from the Electronic Money Transfer Levy (EMTL), and N38.849 billion classified as Exchange Difference revenue.
Additionally, there was an increase from non-mineral revenue, although the exact amount is still being documented.
A communiqué from the FAAC indicated that the total gross revenue for June 2025 stood at N4.232 trillion. After deducting the cost of collection, which amounts to approximately N786 billion, and accounting for a total of N2.251 trillion in transfers, interventions, refunds, and savings, a healthy balance remained for distribution.
The gross statutory revenue for the month reached N3.485 trillion, marking an increase of N1.390 trillion compared to May 2025’s revenue of N2.094 trillion. However, VAT gross revenue experienced a decline, with N507 billion available in June, down by N64.655 billion from the N572 billion recorded in May.
From the total distributable revenue of N1.818 trillion, the Federal Government received N452.383 billion, while State Governments were allocated N786.417 billion, and Local Government Councils received N197.853 billion. Additionally, N99.759 billion was allocated as derivation revenue, corresponding to 13% of mineral revenue.
The breakdown of the statutory revenue indicates that the Federal Government received N455.455 billion, State Governments received N650.650 billion, and Local Governments were allocated N231.531 billion.
In the distribution of VAT revenue, the Federal Government received N94.726 billion, while States and Local Governments received N391.754 billion and N45.027 billion, respectively. The allocation from the EMTL was notable as well, with the Federal Government receiving N4.375 billion, States N14.582 billion, and Local Governments N10.208 billion.
Exchange Difference revenue saw the Federal Government receiving N19.147 billion, States receiving N9.712 billion, and Local Governments N7.487 billion, alongside N2.503 billion set aside for derivation revenue.
Furthermore, the FAAC disclosed that the increase in non-mineral revenue totaled N52.680 billion for the Federal Government, N26.720 billion for State Governments, and N20.600 billion for Local Governments.
Although June 2025 saw a significant increase in Companies Income Tax, Petroleum Profit Tax, and Electronic Money Transfer Levy, there was a notable decrease in Oil and Gas Royalty, Value Added Tax, Import Duty, Excise Duty, and CET Levies, indicating shifting revenue trends.
The FAAC meeting highlights ongoing efforts to ensure a fair distribution of national wealth among all tiers of government in Nigeria.