In June 2025, Nigeria’s Federation Account Allocation Committee (FAAC) disbursed ₦2.94 trillion to the three tiers of government, representing gross revenue generated in May 2025.
The total comprised ₦2.09 trillion from statutory revenue, ₦742.82 billion from VAT, ₦76.61 billion in exchange gains, and ₦28.82 billion from the Electronic Money Transfer Levy (EMTL).
Of the distributable sum, the Federal Government received ₦538.00 billion, the States received ₦577.84 billion, and the Local Governments were allocated ₦419.97 billion.
In addition, ₦124.08 billion was shared among oil‑producing states as the 13% derivation fund.
Cost of Collection
Revenue‑generating agencies were compensated for collection efforts: the Nigeria Customs Service (NCS) received ₦28.71 billion, the Federal Inland Revenue Service (FIRS) got ₦58.59 billion, and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) earned ₦24.61 billion as cost‑of‑collection allowances.
Federal Government Receipts Breakdown
Within the Federal Government’s total of ₦538.00 billion, allocations included:
- ₦390.27 billion to the FGN consolidated revenue account,
- ₦8.16 billion as derivation/ecology share,
- ₦4.08 billion to stabilization fund,
- ₦13.72 billion for the development of natural resources, and
- ₦14.97 billion allocated to the FCT Abuja.
Analysis & Insight
The value of revenue from sources reflects the dominance and importance of statutory revenue and VAT in Nigeria’s fiscal architecture.
Month-on-month, statutory revenue increased by ₦10 billion compared to ₦2.08 trillion in May, also VAT increased by ₦100.56 billion from May figures.
However, there were notable deductions in Exchange Gain, Electronic Money Transfer Levy (EMTL), which continue to shrink available net amounts for distribution.
