The Federation Account Allocation Committee (FAAC) has disbursed N1.928 trillion among the three tiers of government for November 2025, the Federal Ministry of Finance confirmed on Monday.

Total accruals into the Federation Account for the month reached N2.343 trillion. From this amount:

• The Federal Government received N747.159 billion
• State governments received N601.731 billion
• Local government councils (LGCs) received N445.266 billion
• Oil-producing states were allocated N134.355 billion as derivation revenue, representing 13% of mineral revenue

The statement noted N84.251 billion was deducted as cost of collection, while N330.625 billion was set aside for transfers, interventions, and refunds.

Value Added Tax (VAT) Revenue:

• Gross VAT revenue for November: N563.042 billion, down N156.785 billion from October’s N719.827 billion
• Allocations: N22.522 billion for collection costs, N54.682 billion for transfers and interventions
• Distributed balance: N485.838 billion, divided as follows:
  • Federal Government: N72.876 billion
  • States: N242.919 billion
  • Local governments: N170.043 billion

Statutory Revenue:

• Gross statutory revenue: N1.736 trillion, lower than October’s N2.164 trillion
• Allocations: N59.993 billion for collection, N273.925 billion for transfers and interventions
• Distributed balance: N1.403 trillion
  • Federal Government: N668.336 billion
  • States: N338.989 billion
  • Local governments: N261.346 billion
  • Derivation for oil-producing states: N134.355 billion

Electronic Money Transfer Levy (EMTL):

• Total revenue: N43.400 billion
• Distribution: Federal Government N5.947 billion, States N19.823 billion, Local Governments N13.876 billion
• Collection costs: N1.736 billion
• Transfers, refunds, and savings: N2.018 billion

The November FAAC distribution highlights continued fiscal support to all levels of government, despite declines in VAT and statutory revenues compared to the previous month.