The Federation Account Allocation Committee (FAAC) has shared a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, 36 States, and 774 Local Government Councils across the country.
This figure, distributed at the FAAC meeting held in Abuja yesterday, reflects an increase of N103 billion compared to the N1.578 trillion shared in March 2025.
According to the official communiqué issued at the end of the meeting, the total distributable revenue for April 2025 consisted of statutory revenue amounting to N962.882 billion, Value Added Tax (VAT) revenue of N598.077 billion, Electronic Money Transfer Levy (EMTL) revenue of N38.862 billion, and Exchange Difference of N81.407 billion.
The Federal Government received a total of N565.307 billion from the allocation, while the State Governments collectively received N556.741 billion. The Local Government Councils were allocated N406.627 billion, and an additional N152.553 billion was distributed to oil-producing states as 13 percent derivation from mineral revenue.
FAAC reported that a gross total revenue of N2.848 trillion was available in the month of April. However, deductions were made amounting to N101.051 billion for cost of revenue collection and N1.066 trillion for statutory transfers, refunds, interventions, and savings
