In April 2025, the federal government, 36 states, and 774 local government councils across the country received a total of N1.681 trillion from the Federation Account Allocation Committee (FAAC).
Reportedly reflecting an increase of N103 billion from the N1.578 trillion revealed in March 2025, the amount was shared at Friday’s FAAC meeting in Abuja.
The total distributable revenue for April 2025 was stated in the meeting communiqué as follows: statutory revenue of N962.882 billion, VAT revenue of N598.077 billion, EMTL revenue of N38.862 billion, and Exchange Difference of N81.407 billion.
According to the distribution formula, N565.307 billion went to the federal government and N556.741 billion to the individual states.
An extra N152.553 billion, or 13% of mineral revenue, went to states that produced oil, while the remaining N406.627 billion went to the local government councils. April brought in a total of N2.848 trillion in revenue, according to FAAC.
The cost of revenue collection was deducted to the tune of N101.051 billion, while statutory transfers, refunds, interventions, and savings ate up N1.066 trillion.
The announcement revealed that April’s gross statutory revenue was N2.084 trillion, up N365.595 billion from March’s total of N1.718 trillion.
Similarly, gross VAT revenue increased by N4.647 billion to N642.265 billion in April from N637.618 billion the previous month.
The distribution of the N962.882 billion in distributable statutory revenue was as follows: N168.659 billion to local government councils, N218.765 billion to the states, and N431.307 billion to the federal government. The states that produce oil received N144.151 billion, or 13% of the total.
From a total of N598.077 billion, the following went to various government agencies: the federal government (N89.712 billion), the states (N299.039 billion), and the local government councils (N209.327 billion).
A total of N38.862 billion was collected through the Electronic Money Transfer Levy (EMTL). Of this, N5.829 billion went to the federal government, N19.431 billion to the states, and N13.602 billion to the local governments.
The states received 19.507 billion, local government councils 15.039 billion, and the federal government 38.459 billion of the 81.407 billion realized as exchange difference. Also, eligible states received N8.402 billion, or 13% of the total, from this category.
Revenue from Oil and Gas Royalties, VAT, EMTL, Excise Duty, Import Duty, and CET Levies all saw substantial increases during the year under review, according to FAAC. Companies Income Tax (CIT) receipts, on the other hand, fell sharply.
Despite the government’s attempts to increase non-oil revenue generation appearing to be successful, the ongoing volatility in the federation’s income sources is evident in the April 2025 revenue performance.