The Federal Government, state governments, and local government councils in Nigeria shared a total of N2.103 trillion in Federation Account revenue for September 2025. This figure was disclosed in a communique from the Office of the Accountant General of the Federation following the October 2025 Federation Account Allocation Committee meeting. The distributable revenue of N2.103 trillion consists of N1.239 trillion in statutory revenue, N812.593 billion in Value Added Tax (VAT) revenue, and N51.684 billion in Electronic Money Transfer Levy revenue. The gross revenue available for September 2025 was N3.054 trillion, after deducting N951.154 billion for collection costs and transfers.
Compared with the previous month, the September distributable revenue is lower than the N2.2 trillion shared in August 2025. Gross statutory revenue also fell, from N2.838 trillion in August to N2.128 trillion in September. However, gross VAT revenue rose, reaching N872.630 billion in September versus N722.619 billion in August.
The revenue‑sharing breakdown shows that the Federal Government received N711.314 billion, state governments received N727.170 billion, local government councils received N529.954 billion, and the benefiting states obtained N134.956 billion as derivation revenue. Of the distributable statutory revenue of N1.239 trillion, allocations were N581.672 billion to the Federal Government, N295.032 billion to the states, and N227.457 billion to local councils. For the distributable VAT revenue of N812.593 billion, the allocations were N121.889 billion to the Federal Government, N406.297 billion to the states, and N284.408 billion to local councils.
In terms of revenue performance, Import Duty, VAT, and Electronic Money Transfer Levy increased significantly in September 2025, while Companies Income Tax and CET levies decreased considerably. Petroleum Profit Tax showed a marginal increase, whereas Oil and Gas Royalty and Excise Duty recorded slight declines.
The sharing of the N2.103 trillion revenue marks a significant development in Nigeria’s fiscal management, highlighting the country’s revenue allocation framework and the distribution of resources across the three tiers of government. This allocation is expected to influence economic development and fiscal policy in the coming months.
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