The three tiers of government in Nigeria—federal, state, and local councils—have shared a total of **N2.001 trillion** as July 2025 Federation Account revenue.
The allocation was made at the **August 2025 meeting of the Federation Account Allocation Committee (FAAC)** in Abuja.
According to a communiqué issued by FAAC, the distributable revenue of **N2.001 trillion** comprised:
* **Statutory revenue:** N1.282 trillion
* **Value Added Tax (VAT):** N640.610 billion
* **Electronic Money Transfer Levy (EMTL):** N37.601 billion
* **Exchange difference:** N39.745 billion
The communiqué indicated that the **gross revenue available in July 2025** stood at **N3.836 trillion**. Out of this, **N152.681 billion** was deducted for collection costs, while **N1.683 trillion** went to transfers, interventions, refunds, and savings.
Gross statutory revenue for July was **N3.070 trillion**, lower by **N415.108 billion** than the **N3.485 trillion** recorded in June. Conversely, VAT collections rose to **N687.940 billion**, an increase of **N9.775 billion** over June’s **N678.165 billion**.
### Distribution
From the total distributable sum of **N2.001 trillion**:
* The **Federal Government** received **N735.081 billion**
* **State Governments** received **N660.349 billion**
* **Local Government Councils** received **N485.039 billion**
* **Oil-producing states** received **N120.359 billion** as 13% derivation
From statutory revenue of **N1.282 trillion**, the Federal Government received **N613.805 billion**, states **N311.330 billion**, LG councils **N240.023 billion**, while **N117.714 billion** went to oil-producing states as derivation.
From the VAT revenue of **N640.610 billion**, the Federal Government received **N96.092 billion**, states **N320.305 billion**, and LG councils **N224.214 billion**.
On the **N37.601 billion EMTL**, the Federal Government received **N5.640 billion**, states **N18.801 billion**, and LG councils **N13.160 billion**.
From the **N39.745 billion exchange difference**, the Federal Government received **N19.544 billion**, states **N9.913 billion**, LG councils **N7.643 billion**, and **N2.643 billion** was shared to oil-producing states as derivation.
### Revenue Performance
FAAC reported significant increases in **Petroleum Profit Tax (PPT), Oil and Gas Royalty, EMTL, and Excise Duty** in July 2025. It also noted marginal increases in **VAT and Import Duty**, while **Companies Income Tax (CIT) and CET levies** recorded declines.
