The Federation Account Allocation Committee (FAAC) has shared N1.818 trillion among the Federal, State, and Local governments as revenue generated in June 2025 — the highest monthly allocation so far this year.
The amount was disclosed in a communiqué after the FAAC meeting in Abuja for July 2025.
The statement, by Mr. Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation (OAGF), confirmed that this latest distribution marks a significant rise from the previous five months.
Read also: FAAC distributes N1.818 trillion to FG, states, and LGs
In comparison, the amount shared in May was N1.659 trillion, while April saw N1.681 trillion. March recorded a distribution of N1.578 trillion, February had N1.678 trillion, and January began the year with N1.703 trillion.
The N1.818 trillion shared in July was made up of several revenue streams. These included N1.018 trillion from statutory revenue, N631.507 billion from Value Added Tax (VAT), N29.165 billion from the Electronic Money Transfer Levy (EMTL), N38.849 billion from exchange difference revenue, and an augmentation of N100 billion sourced from non-mineral revenue.
