Nigeria’s three tiers of government, the Federal Government, states, and the Local Government Councils shared a total of N1.928tn as Federation Account revenue for November 2025, which is a sharp month-on-month decline from N2.094tn distributed in October.
According to a press statement on Monday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, Bawa Mokwa, the revenue was shared at the December 2025 meeting of the Federation Account Allocation Committee held in Abuja.
“A total sum of N1.928tn, being November 2025 Federation Account Revenue, has been shared to the Federal Government, States, and the Local Government Councils,” the statement said.
It explained that the revenue shared in November fell by N166bn from the N2.094tn distributed in October, representing a 7.93 per cent decline month on month.
This drop is significantly steeper than the marginal N9bn or 0.43 per cent decrease recorded between September and October, when allocations slipped from N2.103tn in September to N2.094tn in October 2025.
The statement noted that the N1.928tn distributable revenue for November comprised N1.403tn in statutory revenue, N485.838bn from Value Added Tax, and N39.646bn from the Electronic Money Transfer Levy.
It added that the total gross revenue of N2.343tn was available in November 2025, out of which N84.251bn was deducted as cost of collection, while N330.625bn was set aside for transfers, interventions, refunds, and savings.
According to the statement, revenue inflows weakened sharply during the month, particularly from oil and non-oil tax sources. “Gross statutory revenue of N1.736tn was received for the month of November 2025. This was lower than the sum of N2.164tn received in the month of October 2025 by N427.969bn,” the statement said.
Similarly, gross VAT revenue declined significantly. The communiqué noted that “gross revenue of N563.042bn was available from the Value Added Tax in November 2025,” compared with N719.827bn recorded in October, representing a drop of N156.785bn.
From the N1.928tn shared, the Federal Government received N747.159bn, while state governments got N601.731bn. The local government councils received N445.266bn, and oil-producing states shared N134.355bn as 13 per cent derivation revenue.
A breakdown of the statutory revenue showed that from the N1.403tn distributable amount, the Federal Government received N668.336bn, the states received N338.989bn, and the local governments got N261.346bn, in addition to the N134.355bn paid as derivation.
From the N485.838bn VAT pool, the Federal Government received N72.876bn, states received N242.919bn, and local governments got N170.043bn. The statement further disclosed that revenue from the Electronic Money Transfer Levy was also shared among the three tiers of government.
It said the Federal Government received N5.947bn, states got N19.823bn, and local governments received N13.876bn from the N39.646bn EMTL revenue. The FAAC communiqué attributed the weaker November allocation to broad-based declines across key revenue lines.
GIK/APA