A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils. The communiqué stated that the N1.969 trillion total distributable revenue comprised statutory revenue of N1.084 trillion, Value Added Tax revenue of N846.507 billion and Electronic Money Transfer Levy revenue of N38.110 billion. It said the LGs received N513.272 billion, while the sum of N96.083 billion, representing 13 per cent of mineral revenue, was shared to the benefiting states as derivation revenue. “The LGs received N203.656 billion, while the sum of N96.083 billion, representing 13 per cent of mineral revenue, was shared to the benefiting states as derivation revenue. “From the N846.507 billion distributable VAT revenue, the Federal Government received N126.976 billion, the state governments received N423.254 billion and the LGs received N296.277 billion,” it said.

Source: Punch February 02, 2026 12:49 UTC