The Federal Government, states, and local government councils in Nigeria have shared a total of N2.103 trillion as Federation Account Revenue for the month of September 2025. This information was disclosed in a communique issued by the Office of the Accountant General of the Federation after the October 2025 Federation Account Allocation Committee meeting.
The total distributable revenue of N2.103 trillion is comprised of N1.239 trillion in statutory revenue, N812.593 billion in Value Added Tax revenue, and N51.684 billion in Electronic Money Transfer Levy revenue. The total gross revenue available for the month of September 2025 was N3.054 trillion, with deductions for cost of collection and transfers totaling N951.154 billion.
Compared to the previous month, the total distributable revenue for September 2025 is lower than the N2.2 trillion shared in August 2025. The gross statutory revenue of N2.128 trillion received in September 2025 is also lower than the N2.838 trillion received in August 2025. However, the gross Value Added Tax revenue of N872.630 billion for September 2025 is higher than the N722.619 billion available in August 2025.
The revenue sharing breakdown indicates that the Federal Government received N711.314 billion, while the state governments received N727.170 billion. The local government councils received N529.954 billion, and the benefiting states received N134.956 billion as derivation revenue.
The distributable statutory revenue of N1.239 trillion was allocated as follows: N581.672 billion to the Federal Government, N295.032 billion to the state governments, and N227.457 billion to the local government councils. The distributable Value Added Tax revenue of N812.593 billion was allocated as N121.889 billion to the Federal Government, N406.297 billion to the state governments, and N284.408 billion to the local government councils.
In terms of revenue performance, Import Duty, Value Added Tax, and Electronic Money Transfer Levy increased significantly in September 2025, while Companies Income Tax and CET Levies decreased considerably. Petroleum Profit Tax increased marginally, while Oil and Gas Royalty and Excise Duty recorded marginal decreases.
The sharing of the N2.103 trillion revenue is a significant development in Nigeria’s fiscal management, highlighting the country’s revenue allocation framework and the distribution of resources among the different tiers of government. The revenue sharing will likely have implications for the country’s economic development and fiscal policy in the coming months.