By Daniel Peters
The Federation Account Allocation Committee (FAAC), at its December 2025 meeting chaired by the Minister of State for Finance, Dr. Doris Uzoka-Anite, shared a total sum of N1.928 Trillion to the three tiers of government as Federation Allocation for the month of November 2025 from a gross total of N2.343 Trillion.
From the stated amount inclusive of Gross Statutory Revenue, Value Added Tax (VAT) and Electronic Money Transfer Levy (EMTL), the Federal Government received N747.159 Billion, the States received N601.731 Billion, the Local Government Councils got N445.266 Billion, while the Oil Producing States received N134.355 Billion as Derivation, (13% of Mineral Revenue).
The sum of N84.251 Billion was given for the cost of collection, while N330.625 Billion was allocated for Transfers Intervention and Refunds.
A 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 November 2025, was N563.042 Billion as against N719.827 Billion distributed in the preceeding month, resulting in a decrease of N156.785 Billion.
From the stated amount, the sum of N22.522 Billion was allocated for the cost of collection and the sum of N54.682 Billion given for Transfers, Intervention and Refunds. The remaining sum of N485.838 Billion was distributed to the three tiers of government, of which the Federal Government got N72.876 Billion, the States received N242.919 Billion and Local Government Councils got N170.043 Billion.
Accordingly, the Gross Statutory Revenue of N1.736 Trillion received for the month was lower than the sum of N2.164 Trillion received in the previous month by N427.969 Billion .
From the stated amount, the sum of N59.993 Billion was allocated for the cost of collection and a total sum of N273.925 Billion for Transfers, Intervention and Refunds.
The remaining balance of N1.403 Trillion was distributed as follows to the three tiers of government: Federal Government got the sum of N668.336 Billion, States received N338.989 Billion, the sum of N261.346 Billion was allocated to LGCs and N134.355 Billion was given to Derivation Revenue (13% Mineral producing States).
Also, the sum of N43.400 Billion from Electronic Money Transfer Levy (EMTL) was distributed to the three (3) tiers of government as follows: the Federal Government received N5.947 Billion, States got N19.823 Billion, Local Government Councils received N13.876 Billion, while N1.736 Billion was allocated for Cost of Collection, while the sum of N2.018 Billion was given to Transfers, Refunds and Savings.
Excise Duty increased moderately, while Petroleum Profit Tax (PPT) Hydrocarbon Tax (HT), Company Income Tax (CIT) on Upstream Activities, Company Income Tax (CIT)/CGT and SDT, Oil and Gas Royalties, Import Duty, CET Levies, Value Added Tax ( VAT), Electronic Money Transfer Levy (EMTL) and fees recorded substantial decreases.
According to the Communique, the total revenue distributable for the current month of November 2025, was drawn from Statutory Revenue of N1.403 Trillion, Value Added Tax (VAT) of N485.838 Billion and the sum of N39.646 Billion from Electronic Money Transfer Levy (EMTL), bringing the total distributable amount for the month to N1.928 Trillion.
