Nigeria TV Info — FAAC Shares N2.103 Trillion to Federal, State and Local Governments for September 2025

Abuja, Nigeria — The Federation Account Allocation Committee (FAAC) has shared a total of N2.103 trillion among the three tiers of government as Federation Revenue for September 2025, drawn from a gross total of N3.054 trillion.

The disbursement was announced during the October 2025 FAAC meeting held in Abuja, chaired by the Accountant General of the Federation, Shamsudeen Ogunjimi.

According to the committee, the shared N2.103 trillion represents a decline of N122 billion when compared to the N2.225 trillion distributed in August 2025. Similarly, the gross revenue of N3.054 trillion for September fell short of the N3.635 trillion generated in August by N581 billion.

FAAC did not provide an official explanation for the revenue shortfalls.

Breakdown of the distributable revenue shows that:

Federal Government received N711.314 billion,

State Governments got N727.170 billion,

Local Government Councils received N529.954 billion, and

Oil-Producing States earned N134.956 billion as 13% derivation (Mineral Revenue).

The N2.103 trillion disbursed comprised Gross Statutory Revenue, Value Added Tax (VAT), and the Electronic Money Transfer Levy (EMTL).

Economists have expressed concern over the continued decline in federation revenue, warning that it may affect fiscal sustainability if the trend persists.