A complete sum of N2.103 trillion, being income from September 2025 into the federation account, has been shared to the federal authorities, 36 States and the 774 native authorities areas nationwide.
The income was shared on the October 2025 Federation Account Allocation Committee (FAAC) assembly held in Abuja on Friday, in response to an announcement issued by Workplace of the Accountant Normal of the Federation.
The N2.103 trillion complete distributable income comprised distributable statutory income of N1.239 trillion, distributable Worth Added Tax (VAT) income of N812.593 billion, digital cash switch levy income of N51.684 billion.
A complete gross income of N3.054 trillion was obtainable within the month of September 2025, official knowledge confirmed.
Whole deduction for value of collections by the income producing companies for the month amounted to N116.149 billion whereas complete transfers, interventions, refunds and financial savings took the nation N835.005 billion.
Director of data on the OAGF, Bawa Mokwa, stated gross statutory income of N2.128 trillion was acquired for the month which is decrease than the sum of N2.838 trillion acquired within the month of August 2025 by N710.134 billion.
Gross income of N872.630 billion was obtainable from the VAT in September 2025. This was increased than the N722.619 billion obtainable within the month of August 2025 by N150.011 billion.
From the N2.103 trillion complete distributable income, the Federal Authorities acquired complete sum of N711.314 billion and the state governments acquired complete sum of N727.170 billion.
The native authorities governments acquired N529.954 billion, whereas the sum of N134.956 billion (13% of mineral income) was shared to the benefiting states as derivation income.
On the N1.239 trillion distributable statutory income, the communiqué said that the federal authorities acquired N581.672 billion and the state governments acquired N295.032 billion.
The LGAs acquired N227.457 billion and the sum of N134.956 billion (13% of mineral income) was shared to the benefiting States as derivation income.
From the N812.593 billion distributable VAT income, the FG acquired N121.889 billion, the states acquired N406.297 billion and the LGAs acquired N284.408 billion.
A complete sum of N7.753 billion was acquired by the Federal Authorities from the N51.684 billion digital switch levy, the state governments acquired N25.842 billion and the LGAs acquired N18.089 billion.
