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FAAC Allocates N2.1 Trillion Revenue to FG, States, LGs in September 2025

Business
The Will
1 min read
FAAC Allocates N2.1 Trillion Revenue to FG, States, LGs in September 2025

The Federation Account Allocation Committee (FAAC) shared a total of N2.103 trillion in revenue among the federal government, states, and local councils in September 2025, as announced by FAAC spokesperson Bawa Mokwa in Abuja. This amount included statutory revenue of N1.239 trillion, Value Added Tax (VAT) revenue of N812.593 billion, and other revenues.

The total gross revenue for the month was N3.054 trillion, with deductions for costs and transfers. The distribution saw the federal government receive N711.314 billion, states receive N727.170 billion, and local councils receive N529.954 billion.

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