Nigeria’s Federal Government, state governments, and local government councils shared a total of ₦2.225 trillion in August 2025 Federation Account Revenue. The distribution was announced by Felix Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation, following a meeting held in Abuja. This marks the third consecutive month of growth in the revenue shared.
The distributable revenue comprised statutory revenue of ₦1.478 trillion, Value Added Tax (VAT) revenue of ₦672.903 billion, Electronic Money Transfer Levy (EMTL) revenue of ₦32.338 billion, and an exchange difference of ₦41.284 billion. Total gross revenue available in August 2025 was ₦3.635 trillion, with deductions for cost of collection and transfers amounting to ₦1.409 trillion.
In the statutory allocation, the Federal Government received ₦684.462 billion, the states received ₦347.168 billion, and local government councils got ₦267.652 billion. Oil‑producing states were allocated ₦179.311 billion as 13 % derivation revenue. From the VAT revenue, the Federal Government obtained ₦100.935 billion, states received ₦336.452 billion, and local governments received ₦235.516 billion.
President Bola Tinubu recently announced that Nigeria met its 2025 revenue target in August, driven largely by proceeds from the non‑oil sector. The EMTL revenue of ₦32.338 billion was shared as follows: ₦4.851 billion to the Federal Government, ₦16.169 billion to the states, and ₦11.318 billion to local governments. The exchange‑difference revenue of ₦41.284 billion was divided with ₦19.799 billion to the Federal Government, ₦10.042 billion to the states, and ₦7.742 billion to local governments, while oil‑producing states received an additional ₦3.701 billion as derivation revenue.
The revenue sharing represents a significant development, especially given the recent growth in overall revenue. The Nigerian government has been working to increase revenue and reduce dependence on oil exports. The rise in non‑oil sector revenue is a positive sign, and the government is expected to continue its efforts to diversify the economy and expand revenue streams.
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