The Federation Account Allocation Committee (FAAC) has disbursed a complete of ₦1.681 trillion to the Federal Authorities, 36 states, and 774 native authorities councils as income for the month of April 2025.
This displays a 6.5% enhance (₦110 billion) in comparison with the ₦1.578 trillion shared in March.
This was disclosed in an announcement on Friday by Bawa Mokwa, Director of Press and Public Relations on the Workplace of the Accountant-Basic of the Federation.
In response to Mokwa, the income was distributed throughout FAAC’s month-to-month assembly held in Could 2025 in Abuja. The allocation comprised revenues from statutory sources, VAT, the Digital Cash Switch Levy (EMTL), and trade charge positive aspects.
“The overall distributable income of ₦1.681tn comprised ₦962.88bn from statutory income, ₦598.08bn from VAT, ₦38.86bn from EMTL, and ₦81.41bn from trade distinction,” the assertion famous.
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Breakdown of VAT
Gross VAT income for April stood at ₦642.265bn, marking a rise of ₦4.647bn from the earlier month. From this, ₦25.691bn was put aside as price of assortment, and ₦18.497bn allotted for transfers and refunds.
The remaining ₦598.08bn was distributed among the many three tiers of presidency:
Federal Authorities: ₦89.712bn
States: ₦299.039bn
Native Governments: ₦209.327bn
Statutory Income Distribution
April’s gross statutory income amounted to ₦2.084tn, a big rise from ₦1.718tn recorded in March — representing a ₦365.595bn enhance.
From this determine:
₦73.741bn went to assortment prices
₦1.047tn was earmarked for transfers, interventions, and refunds
The distributable steadiness of ₦962.882bn was shared as follows:
Federal Authorities: ₦431.307bn
States: ₦218.765bn
Native Governments: ₦168.659bn
13% Derivation (Oil Producing States): ₦144.151bn
EMTL and Change Distinction
From the ₦40.481bn EMTL income, ₦38.862bn was distributed:
Federal Authorities: ₦5.829bn
States: ₦19.431bn
LGAs: ₦13.602bn
₦1.619bn lined price of assortment
On trade distinction earnings of ₦81.40bn:
Federal Authorities: ₦38.45bn
States: ₦19.50bn
Native Governments: ₦15.03bn
Oil-producing states: ₦8.40bn
This surge in month-to-month allocation comes as the federal government continues to grapple with rising fiscal calls for, inflation, and trade charge changes — all of which have direct implications on nationwide and sub-national funds.
