The Federation Account Allocation Committee (FAAC) has distributed a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, states, and local government councils across Nigeria, according to an official communiqué released on Friday.

The allocation, which was shared during a FAAC meeting in Abuja, represents an increase of N103 billion compared to the N1.578 trillion distributed in March 2025, signaling continued growth in national revenue.

Breakdown of Revenue Distribution

The total distributable revenue for April 2025 comprised statutory revenue of N962.882 billion, Value Added Tax (VAT) revenue of N598.077 billion, Electronic Money Transfer Levy (EMTL) revenue of N38.862 billion, and Exchange Difference of N81.407 billion.

From the allocation, the Federal Government received N565.307 billion, while state governments collectively got N556.741 billion. Local government councils were allocated N406.627 billion, with an additional N152.553 billion distributed to oil-producing states as 13 percent derivation from mineral revenue.

The communiqué revealed that a gross total revenue of N2.848 trillion was available in April. However, deductions amounting to N101.051 billion were made for the cost of revenue collection, while N1.066 trillion was allocated for statutory transfers, refunds, interventions, and savings.

Improved Revenue Performance

The gross statutory revenue for April stood at N2.084 trillion, marking a significant increase of N365.595 billion over the N1.718 trillion recorded in March. Similarly, gross VAT revenue rose slightly to N642.265 billion in April, compared to N637.618 billion in the preceding month, reflecting a growth of N4.647 billion.

A detailed breakdown of the N962.882 billion distributable statutory revenue showed the Federal Government receiving N431.307 billion, states N218.765 billion, and local government councils N168.659 billion. From this amount, N144.151 billion was shared as 13 percent derivation to oil-producing states.

For VAT distribution, the Federal Government received N89.712 billion, states got N299.039 billion, and local government councils received N209.327 billion from the N598.077 billion pool.

Other Revenue Sources

The Electronic Money Transfer Levy (EMTL), which totaled N38.862 billion, was distributed with the Federal Government receiving N5.829 billion, states N19.431 billion, and local governments N13.602 billion.

From the N81.407 billion realized as Exchange Difference, the Federal Government received N38.459 billion, states N19.507 billion, and local government councils N15.039 billion. Additionally, N8.402 billion from this category was shared as 13 percent derivation to eligible states.

FAAC noted significant increases in revenue from Petroleum Profit Tax (PPT), Oil and Gas Royalties, VAT, EMTL, Excise Duty, Import Duty, and CET Levies during the period under review. However, revenue from Companies Income Tax (CIT) recorded a considerable decline.

The April 2025 revenue performance reflects continued volatility in the federation's income sources, even as government efforts to improve non-oil revenue generation appear to be yielding positive results.