FAAC Disburses N2.103trn To Federal, State, Local Governments As September Allocations

A full sum of N2.103 trillion, being gross from September 2025 into the federation account, has been shared to the national government, 36 States and the 774 section authorities areas nationwide.

The gross was shared astatine the October 2025 Federation Account Allocation Committee (FAAC) gathering held successful Abuja connected Friday, according to a connection issued by Office of the Accountant General of the Federation.

The N2.103 trillion full distributable gross comprised distributable statutory gross of N1.239 trillion, distributable Value Added Tax (VAT) gross of N812.593 billion, physics wealth transportation levy gross of N51.684 billion.

A full gross gross of N3.054 trillion was disposable successful the period of September 2025, authoritative information showed.

Total deduction for outgo of collections by the gross generating agencies for the period amounted to N116.149 cardinal portion full transfers, interventions, refunds and savings took the state N835.005 billion.

Director of accusation astatine the OAGF, Bawa Mokwa, said gross statutory gross of N2.128 trillion was received for the period which is little than the sum of N2.838 trillion received successful the period of August 2025 by N710.134 billion.

Gross gross of N872.630 cardinal was disposable from the VAT successful September 2025. This was higher than the N722.619 cardinal disposable successful the period of August 2025 by N150.011 billion.

From the N2.103 trillion full distributable revenue, the Federal Government received full sum of N711.314 cardinal and the authorities governments received full sum of N727.170 billion.

The section authorities governments received N529.954 billion, portion the sum of N134.956 cardinal (13% of mineral revenue) was shared to the benefiting states arsenic derivation revenue.

On the N1.239 trillion distributable statutory revenue, the communiqué stated that the national authorities received N581.672 cardinal and the authorities governments received N295.032 billion.

The LGAs received N227.457 cardinal and the sum of N134.956 cardinal (13% of mineral revenue) was shared to the benefiting States arsenic derivation revenue.

From the N812.593 cardinal distributable VAT revenue, the FG received N121.889 billion, the states received N406.297 cardinal and the LGAs received N284.408 billion.

A full sum of N7.753 cardinal was received by the Federal Government from the N51.684 cardinal physics transportation levy, the authorities governments received N25.842 cardinal and the LGAs received N18.089 billion.