By Destiny Young, Abuja
The Federation Account Allocation Committee (FAAC) has disbursed a record ₦1.818 trillion to federal, state, and local governments as June 2025 revenue, marking the highest monthly allocation so far this year. The official figures were released after the July FAAC meeting in Abuja, as confirmed by Mallam Bawa Mokwa, Director of Information at the Office of the Accountant-General of the Federation.
Source of Funds
The disbursed funds were generated from the following sources:
- Statutory revenue: ₦1.018 trillion
- Value Added Tax (VAT): ₦631.507 billion
- Electronic Money Transfer Levy (EMTL): ₦29.165 billion
- Exchange rate difference: ₦38.849 billion
- Augmentation from non-mineral revenue: ₦100 billion
Breakdown of Allocations
Here’s how the ₦1.818 trillion was allocated:
- Federal Government: ₦645.383 billion
- 36 State Governments: ₦607.417 billion
- 774 Local Governments: ₦444.853 billion
- Oil-producing states (13% derivation): ₦120.759 billion
State-by-State Allocation (Selected States):
Note: The Office of the Accountant-General has not yet issued the detailed state-by-state schedule for June. The following is an average and sample from previous allocation patterns; please consult the official FAAC report for exact figures when released.
| State | Allocation (₦ Billion) |
|---|---|
| Abia | 21.3 |
| Adamawa | 22.1 |
| Akwa Ibom | 34.2 |
| Anambra | 19.7 |
| Bauchi | 23.5 |
| Bayelsa | 23.6 |
| Benue | 23.8 |
| Borno | 23.2 |
| Cross River | 20.4 |
| Delta | 37.1 |
| Ebonyi | 18.5 |
| Edo | 21.6 |
| Ekiti | 19.2 |
| Enugu | 20.3 |
| Gombe | 19.6 |
| Imo | 21.4 |
| Jigawa | 21.7 |
| Kaduna | 24.2 |
| Kano | 26.3 |
| Katsina | 24.9 |
| Kebbi | 21.8 |
| Kogi | 21.5 |
| Kwara | 20.7 |
| Lagos | 30.5 |
| Nasarawa | 20.0 |
| Niger | 23.3 |
| Ogun | 22.0 |
| Ondo | 26.7 |
| Osun | 20.2 |
| Oyo | 24.0 |
| Plateau | 20.3 |
| Rivers | 38.9 |
| Sokoto | 22.5 |
| Taraba | 19.8 |
| Yobe | 19.5 |
| Zamfara | 20.1 |
| FCT | 9.5 |
Revenue Highlights
- Gross revenue for June stood at ₦4.232 trillion.
- Deductions for collection costs amounted to ₦162.786 billion.
- Transfers, refunds, and savings totaled ₦2.251 trillion.
- Statutory revenue increased by over ₦1.39 trillion compared to May, while VAT, import duty, and oil royalties experienced a decline.
- Company Income Tax (CIT), Petroleum Profit Tax (PPT), and EMTL saw significant rises.
Implications
FAAC expects the disbursement to ease fiscal pressures across all levels of government, helping support critical infrastructure projects and the payment of workers’ salaries nationwide.
For a detailed, verified breakdown by state, please refer to the forthcoming official document from the Accountant-General’s office, typically published on the Federal Ministry of Finance website.
