Abuja, Dec. 16, 2025 – The Federal Accounts Allocation Committee (FAAC) has shared N1.928 trillion among the three tiers of government as November 2025 monthly allocations.
The allocations dropped from the N2.094 trillion shared in October.
According to a statement issued by Bawa Mokwa, the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, the allocations were shared at the December 2025 meeting of the Federation Account Allocation Committee.
The statement said N2.343 trillion was the total gross revenue available in November 2025 which consisted of N1.403 trillion from statutory revenue, N485.838 billion from Value Added Tax and N39.646 billion from the Electronic Money Transfer Levy.
Out of the N2.343 trillion total revenue, N84.251 billion was deducted as cost of collection, while N330.625 billion was deducted for transfers, interventions, refunds and savings.
The sum of N1.928 trillion was the total distributable revenue available during the month out of which the Federal Government received N747.159 billion, state governments received N601.731 billion, while the local government council received N445.266 billion.
The sum of N134.355 billion, representing 13 per cent of mineral revenue, was shared as derivation revenue to beneficiary states.
