Facebook Flickr Instagram Twitter Youtube
  • Home
  • About
    • About Us
      • About the Ministry
      • Organogram
      • Honourable Minister
      • Permanent Secretary
    • Departments
      • Human Resource Management
      • Public Communication & National Orientation
      • Information Technology
      • Press, Public Relations & Protocol
      • Production, Publication and Documentation
      • Federal Government Press
      • National Archives of Nigeria
      • Finance & Accounts
      • Procurement
      • Planning, Budget, Research & Statistics
      • General Services
      • Reforms Co-ordination & Services Improvement
      • Legal Services
  • Media Center
    • Downloads
    • Photo Galleria
    • Video Galleria
    • Features
    • FEC Resolutions
    • FIC
    • Interviews
    • Latest News
  • Culture
    • Culture
    • Tourism
    • Festivals
    • Arts
    • Entertainment
    • Cuisine
  • Other News
    • Radio Nigeria News
    • NTA
    • Voice of Nigeria
    • News Agency of Nigeria
  • Notices
    • Notices
    • Circulars
    • Staff News
  • FAQ
  • Contact
    • Contact Us
    • Operational Centres
  • National Orientation
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.
Trending Now

Nigeria Felicitates With The Republic Of Guinea On Its Independence Anniversary

Federal Government Flags Off HR Professionalisation Drive in the Civil Service

Belgore Inaugurates Staff Recognition Award Selection Committee, Assures Enhanced Service Delivery

FG Launches Strategic Framework, Advocacy Toolkit to Eliminate Neglected Tropical Diseases in Nigeria by 2030

National Broadcast by President Bola Tinubu on 65th Independence Anniversary

65th Independence Anniversary Message From Arc. Ahmed Musa Dangiwa, FNIA, FCIB

Nigeria at 65: A Nation Tested and Triumphant

3rd Quarter Stakeholders’ And Citizens’ Engagement Forum: Deepening Inclusive Governance Through Regional Collaboration And Grassroots Participation

Honourable Minister Of Agriculture And Food Security, Senator Abubakar Kyari, Con, On The Occasion Of Nigeria’s 65th Independence Anniversary

Housing Ministry Commissions Electronic Content Management System (ECMS)

RIO Center

Sign In
Facebook
Twitter
Instagram
Youtube
Flickr
Friday, October 3, 2025
20.1 C
Abuja
Start typing...
  • Home
  • About
    • About Us
      • About the Ministry
      • Organogram
      • Honourable Minister
      • Permanent Secretary
    • Departments
      • Human Resource Management
      • Public Communication & National Orientation
      • Information Technology
      • Press, Public Relations & Protocol
      • Production, Publication and Documentation
      • Federal Government Press
      • National Archives of Nigeria
      • Finance & Accounts
      • Procurement
      • Planning, Budget, Research & Statistics
      • General Services
      • Reforms Co-ordination & Services Improvement
      • Legal Services
  • Media Center
    • Downloads
    • Photo Galleria
    • Video Galleria
    • Features
    • FEC Resolutions
    • FIC
    • Interviews
    • Latest News
  • Culture
    • Culture
    • Tourism
    • Festivals
    • Arts
    • Entertainment
    • Cuisine
  • Other News
    • Radio Nigeria News
    • NTA
    • Voice of Nigeria
    • News Agency of Nigeria
  • Notices
    • Notices
    • Circulars
    • Staff News
  • FAQ
  • Contact
    • Contact Us
    • Operational Centres
  • National Orientation
Home Latest News FG, States, LGCs Share N2.001 Trillion From A Gross Total Of N3.836...
  • Latest News
  • Press Releases

FG, States, LGCs Share N2.001 Trillion From A Gross Total Of N3.836 Trillion For The Month Of July 2025

By
Samuel Anyanwu
-
August 22, 2025
0
Facebook
Twitter
Pinterest
WhatsApp
Linkedin
Email
Print
Telegram
    FG, States, LGCs Share N2.001 Trillion From A Gross Total Of N3.836 Trillion For The Month Of July 2025

    The Federation Account Allocation Committee (FAAC), at its August 2025 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N2.001 Trillion to the three tiers of government as Federation Allocation for the month of July 2025 from a gross total of N3.836 Trillion.

    From the stated amount inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), and Exchange Difference, the Federal Government received N735.081 Billion, the States received N660.349 Billion, the Local Government Councils got N485.039 Billion, while the Oil Producing States received N120.359 Billion as Derivation, (13% of Mineral Revenue).

    The sum of N152.681 Billion was given for the cost of collection, while N1.683 Trillion was allocated for Transfers Intervention and Refunds.

    The Communique issued by the Federation Account Allocation Committee (FAAC) at the end of the meeting indicated that the Gross Revenue available from the Value Added Tax (VAT) for the month of July 2025, was N687.940 Billion as against N678.165 Billion distributed in the preceeding month, resulting in an increase of N9.775 Billion.

    From that amount, the sum of N27.517 Billion was allocated for the cost of collection and the sum of N19.813 Billion given for Transfers, Intervention and Refunds. The remaining sum of N640.610 Billion was distributed to the three tiers of government, of which the Federal Government got N96.092 Billion, the States received N320.305 Billion and Local Government Councils got N224.214 Billion.

    Accordingly, the Gross Statutory Revenue of N3.070 Trillion received for the month was lower than the sum of N3.485 Trillion received in the previous month by N415.108 Billion .

    From the stated amount, the sum of N123.597 Billion was allocated for the cost of collection and a total sum of N1.663 Trillion for Transfers, Intervention and Refunds.

    The remaining balance of N1.282 Trillion was distributed as follows to the three tiers of government: Federal Government got the sum of N613.805 Billion, States received N311.330 Billion, the sum of N240.023 Billion was allocated to LGCs and N117.714 Billion was given to Derivation Revenue (13% Mineral producing States).

    Also, the sum of N39.168 Billion from Electronic Money Transfer Levy (EMTL) was distributed to the three (3) tiers of government as follows: the Federal Government received N5.640 Billion, States got N18.801 Billion, Local Government Councils received N13.160 Billion, while N1.567 Billion was allocated for Cost of Collection.

    The Communique also mentioned the sum of N39.745 Billion from Exchange Difference which was distributed to the three tiers of Government as follows: Federal government got N19.544 Billion, the State received N9.913 Billion, the LGCs got N7.643 Billion, while the Oil producing States received N2.645 Billion.

    Petroleum Profit Tax (PPT), Excise Duty, Electronic Money Transfer Levy (EMTL), and Oil and Gas Royalty increased significantly, while Value Added Tax (VAT) and Import Duty increased marginally. Company Income Tax (CIT) and CET Levies recorded decreases.

    According to the Communique, the total revenue distributable for the current month of July 2025, was drawn from Statutory Revenue of N1.282 Trillion, Value Added Tax (VAT) of N640.610 Billion, N37.601 Billion from Electronic Money Transfer Levy (EMTL), and the sum of N39.745 Billion from Exchange Difference, bringing the total distributable amount for the month to N2.001 Trillion.

    Ealier, in his opening remarks, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, commended the FAAC Committee for their diligent efforts in ensuring the effective allocation of resources to the various tiers of government.

    He noted that the economic reforms embarked upon by the Federal Government are yielding positive results and that our collective efforts will continue to drive growth and development.

    The Minister assured that better days are ahead and expressed optimism about the future of our economy. As we continue to work together, I urge us to prioritize prudent management of public resources, ensuring that our nation’s wealth is utilized effectively to meet the needs of our citizens, Edun emphasized

    Signed

    Mohammed Manga FCIA
    Director, Information and Public Relations
    August 22, 2025.

    • TAGS
    • 2025
    • federal ministry of finance
    • Federation Account Allocation Committee (FAAC)
    • FG
    • LGCs
    • Month Of July
    • States
    Facebook
    Twitter
    Pinterest
    WhatsApp
    Linkedin
    Email
    Print
    Telegram
      Previous articleFG To Relocate Mangar Community
      Next articleFirst Lady of Nigeria, Senator Oluremi Tinubu, Makes First Official Visit to Lagos
      Samuel Anyanwu
      Samuel Anyanwu

      RELATED ARTICLESMORE FROM AUTHOR

      Coat of arms

      Nigeria Felicitates With The Republic Of Guinea On Its Independence Anniversary

      HCSF, Mrs Didi Esther Walson-Jack, OON, mni, delivering her keynote address at the workshop.

      Federal Government Flags Off HR Professionalisation Drive in the Civil Service

      Permanent Secretary, Dr Shuaib Belgore in a group picture with Inaugurated Members of the Departmental Award Selection Committee of the Federal Ministry of Housing and Urban Development.

      Belgore Inaugurates Staff Recognition Award Selection Committee, Assures Enhanced Service Delivery

      Weather

      Abuja
      scattered clouds
      20.1 ° C
      20.1 °
      20.1 °
      88 %
      1.9kmh
      30 %
      Fri
      24 °
      Sat
      28 °
      Sun
      27 °
      Mon
      26 °
      Tue
      28 °

      FMINO

      The Federal Ministry of Information and National Orientation serves as the Federal outfit responsible for the dissemination of essential and vital information which will enhance and facilitate democratic governance of Nigeria as a Federal Republic.

      Contact

      You can reach the ministry via our contact page – to drop us a message. Thanks

      Government Agencies

      • Bureau Of Public Enterprises
      • Central Bank of Nigeria
      • Corporate Affairs Commission (CAC)
      • Department Of Petroleum Resources
      • Federal Capital Territory Administration
      • Federal Civil Service Commission
      • Federal Ministry of Finance
      • Federal Ministry of Foreign Affairs
      • Office of the Head of the Civil Service of the Federaltion
      • Office of the Secretary to the Government of the Federation
      • Bureau of Public Service Reforms

      Categories

      Press Releases9243Latest News3236FIC2569News546Speeches397

      Information Agencies

      • Federal Radio Corporation of Nigeria
      • National Broadcasting Commission
      • Advertising Practitioners Council Of Nigeria
      • News Agency Of Nigeria
      • Nigerian Press Council
      • Nigeria Television Authority
      • Voice Of Nigeria

      Culture & Tourism

      • National Commission for Museum and Monuments
      • National Council for Arts And Culture
      • National Gallery of Art
      • National Institute for Cultural Orientation
      • National Orientation Agency
      • Nigerian Institute for Hospitality and Tourism
      • National Theatre
      • National Troupe of Nigeria
      • Nigeria Tourism Development Corporation
      • Center for Black African Arts and Culture

      News Agencies

      • Business Day
      • Vanguard
      • ThisDay
      • The Nation
      • The SUN
      • The Punch Newspapers
      • Daily Trust
      • Independent Newspapers
      • Nigerian Tribune
      • Privacy Policy
      • About Us
      • FAQ
      • Contact Us
      • RIO Login

      Federal Ministry of Information and National Orientation 2025. All Rights Reserved.

      WE ARE SOCIAL

      Facebook
      Twitter
      Instagram
      Youtube
      Flickr