The Federal Government, the states, and local government councils collectively received ₦1.969 trillion from the Federation Account as revenue for December 2025.
This information was contained in a statement issued on Monday by Bawa Mokwa, Director of Press and Public Relations in the Office of the Accountant General of the Federation, following the January 2026 meeting of the Federation Account Allocation Committee (FAAC) held in Abuja.
The statement explained that the total amount distributed comprised ₦1.084 trillion in statutory revenue, ₦846.507 billion generated from Value Added Tax, and ₦38.110 billion derived from the Electronic Money Transfer Levy.
The FAAC communiqué explained that a total gross revenue of ₦2.585 trillion was recorded in December 2025. From this amount, ₦104.697 billion was deducted as the cost of collection, while ₦511.585 billion went into transfers, refunds, and savings, leaving ₦1.969 trillion for distribution.
The committee said gross statutory revenue for the month stood at ₦1.631 trillion. This was lower than the ₦1.736 trillion recorded in November 2025, showing a drop of ₦105.202 billion.
Breaking down the statutory revenue of ₦1.084 trillion, the Federal Government took ₦520.807 billion, the states received ₦264.160 billion, and local governments got ₦203.656 billion. The ₦96.083 billion derivation was also paid to the benefiting states from this portion.
From the ₦846.507 billion VAT pool, the Federal Government received ₦126.976 billion. The states shared ₦423.254 billion, while local governments received ₦296.277 billion.
On the ₦38.110 billion generated from the Electronic Money Transfer Levy, the Federal Government got ₦5.717 billion. The states received ₦19.055 billion, and the local government councils were allocated ₦13.338 billion.
FAAC also gave an update on how different revenue sources performed during the month. It said income from Companies Income Tax, Capital Gains Tax, and Stamp Duties, as well as Import Duty and VAT, recorded strong increases.
At the same time, the committee noted that revenue from Excise Duty, Petroleum Profit Tax, Hydrocarbon Tax, and the Electronic Money Transfer Levy declined. Oil and gas royalties, as well as Common External Tariff levies and fees, recorded only slight increases.
The latest distribution is expected to support government activities across the country in the coming weeks.
