FG, States and LGs Share ₦1.928 Trillion for November

The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.928 trillion among the federal, state and local governments as revenue for November 2025.

The decision was taken at the FAAC meeting held in Abuja on Monday, December 15, 2025.

According to the committee, the ₦1.928 trillion distributable revenue came from a gross inflow of ₦2.343 trillion. From this amount, ₦84.251 billion was deducted as the cost of collection, while ₦330.625 billion went to transfers, interventions and refunds.

From the final distributable amount, the Federal Government received ₦747.159 billion, state governments got ₦601.731 billion, and local government councils were allocated ₦445.266 billion. In addition, oil-producing states will share ₦134.355 billion as 13% derivation.

FAAC explained that the November allocation is made up of ₦1.403 trillion in statutory revenue, ₦485.838 billion from Value Added Tax (VAT), and ₦39.646 billion from the Electronic Money Transfer Levy (EMTL).

The committee noted a slight increase in excise duty collections but reported significant declines in Petroleum Profit Tax, Hydrocarbon Tax, Companies Income Tax from upstream operations, oil and gas royalties, import duty, Common External Tariff (CET) levies, VAT, EMTL and other fees.