The Federal, States and local governments areas received a total of N1.68 trillion in April 2025 as monthly allocation from the Federation Account.
This information was shared after the Federation Account Allocation Committee (FAAC) held its meeting in May.
Compared to the N1.57 trillion distributed in March, the amount for April increased by N110 billion.
The money shared came from a total gross revenue of N2.848 trillion, which included earnings from statutory sources, value-added tax (VAT), electronic money transfer levy (EMTL), and exchange rate differences.
From the shared amount, the federal government received N565.30 billion, the states got N556.74 billion, and local government councils received N406.62 billion.
States that produce oil were given N152.55 billion as their share of 13% derivation from mineral revenues.
In terms of VAT, April brought in N642.26 billion, an increase of N4.64 billion from the N637.61 billion collected in March.
From this VAT amount, N25.69 billion was used to cover the cost of collection, while N18.49 billion was set aside for transfers and refunds.
The balance of N598.08 billion was shared among the three levels of government, with the federal government receiving N89.71 billion, the states N299.04 billion, and the local governments N209.33 billion.
Statutory revenue for April stood at N2.08 trillion, higher than the N1.72 trillion collected in March by over N365 billion. From this, N73.74 billion was used to cover the cost of collection, while N1.05 trillion went for transfers and refunds.
The balance of N962.88 billion was distributed, with N431.31 billion going to the federal government, N218.77 billion to states, N168.66 billion to local governments, and N144.15 billion to oil-producing states.
The revenue from EMTL was N40.48 billion. Out of this, N38.86 billion was shared, with the federal government getting N5.83 billion, the states N19.43 billion, and local councils N13.60 billion. The balance of N1.62 billion was used for collection costs.
An additional N81.40 billion, generated from exchange rate differences, was also shared. The federal government received N38.45 billion, states got N19.50 billion, local governments collected N15.03 billion, and oil-producing states received N8.40 billion.
According to FAAC, while revenue from petroleum profit tax, oil and gas royalties, VAT, EMTL, excise duty, import duty, and CET levies increased in April, there was a drop in company income tax.
The total amount shared in April came from different sources including statutory revenue of N962.88 billion, VAT of N598.07 billion, N38.86 billion from EMTL, and N81.40 billion from exchange differences.
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