FG, States, LGs Share N2trn July Revenue
The Federation Account Allocation Committee (FAAC) has shared N2.001 trillion among the federal, state, and local governments as July 2025 revenue.
Breakdown:
FG: N735.08bn
States: N660.35bn
LGs: N485.04bn
Derivation (oil-producing states): N120.36bn
The revenue came from statutory allocations, VAT, Electronic Money Transfer Levy, and exchange gains.
Statutory collections dropped to N3.07trn in July from N3.49trn in June, while VAT rose slightly to N687.94bn
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