The Federation Account Allocation Committee (FAAC) has distributed a total of N1.969 trillion as revenue for December 2025 to the Federal Government, state governments, and local government councils across Nigeria. The allocation was approved at the January 2026 FAAC meeting held in Abuja, according to a statement from the Office of the Accountant General of the Federation.

The shared revenue was made up of N1.084 trillion in statutory revenue, N846.507 billion from Value Added Tax (VAT), and N38.110 billion from the Electronic Money Transfer Levy (EMTL). This figure represents an increase compared to the N1.928 trillion shared in November 2025, showing a slight improvement in federally collectible revenue for the month under review.

FAAC disclosed that total gross revenue of N2.585 trillion was available in December 2025. From this amount, N104.697 billion was deducted as cost of collection, while N511.585 billion went into transfers, refunds, and savings. Although gross statutory revenue dropped to N1.631 trillion, VAT revenue rose sharply to N913.957 billion, reflecting stronger consumption and improved tax collection.

From the total distributable sum, the Federal Government received N653.500 billion, while state governments got N706.469 billion and local government councils received N513.272 billion. In addition, N96.083 billion was paid to oil-producing states as 13 percent derivation revenue. FAAC also noted that VAT, Companies Income Tax, and import duties recorded strong growth, even as oil-related revenues and EMTL declined during the period.