The Federation Account Allocation Committee (FAAC) has shared a total of N2.23 trillion among the Federal Government, 36 states, and the 774 local government councils as distributable revenue for August 2025.

The allocation was confirmed in a communiqué issued after FAAC’s meeting in Abuja, chaired by the Accountant-General of the Federation’s office.

According to the statement by the Director of Press and Public Relations at the Office of the Accountant General of the Federation (OAGF), Bawa Mokwa, the distributable revenue comprised: N1.48 trillion statutory revenue, N672.9 billion Value Added Tax (VAT), N32.34 billion Electronic Money Transfer Levy (EMTL) and N41.28 billion Exchange Difference.

A breakdown of the allocations shows that from the distributable statutory revenue of N1.48 trillion, the Federal Government received N684.46 billion, states got N347.17 billion, and local governments received N267.65 billion.

An additional N179.31 billion, representing 13% of mineral revenue, was shared with oil-producing states as derivation.