FG, States, and Local Councils Share ₦1.969tr December Revenue
By Patience Ikpeme
The three tiers of government have shared a total of ₦1.969 trillion as revenue generated in the month of December 2025 but shared in January 2026.
This was revealed in a communique issued after the Federation Account Allocation Committee (FAAC) held its meeting in Abuja to distribute the money.
The total money available for sharing came from different sources, including ₦1.084 trillion from regular government earnings, ₦846.507 billion from Value Added Tax (VAT), and ₦38.110 billion from the small charges on bank transfers.
In total, the country made ₦2.585 trillion in December. However, before the money was shared, about ₦104.697 billion was removed to pay the agencies that collect these taxes, while another ₦511.585 billion was set aside for savings, refunds, and other important transfers.
According to the official report from the committee, the money from VAT saw a big jump. It went up from ₦563 billion in November to over ₦913 billion in December. On the other hand, the regular statutory revenue dropped slightly compared to what was earned the month before.
From the ₦1.969 trillion that was finally put on the table for sharing, the Federal Government received ₦653.500 billion. The 36 State Governments got a total of ₦706.469 billion, while the 774 Local Government Councils across Nigeria received ₦513.272 billion.
The committee also set aside a special portion for states where oil and other minerals are produced. The report noted: “The sum of ₦96.083 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.”
When it came to the money made specifically from VAT, the state governments took the largest share. The report explained: “From the ₦846.507 billion distributable Value Added Tax (VAT) revenue, the Federal Government received ₦126.976 billion, the State Governments received ₦423.254 billion and the Local Government Councils received ₦296.277 billion.”
For the money collected from bank transfer fees, the Federal Government got ₦5.717 billion, states received ₦19.055 billion, and local governments took ₦13.338 billion.
The statement, signed by the Director of Press and Public Relations in the Office of the Accountant General, Bawa Mokwa, also pointed out which areas of the economy performed well. It showed that taxes from companies and import duties went up a lot in December.
However, money from petroleum profit tax and excise duties went down during the same period.
This monthly sharing of money is what most states and local governments depend on to pay salaries and carry out projects for the people.
