₦airaland Forum

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025.

The revenue, which is regarded as the highest ever allocation to the three tiers of government and other statutory recipients, marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.

Shared at the August 2025 FAAC meeting in Abuja, the revenue was buoyed by increases in oil and gas royalty, value-added tax, VAT, and common external tariff, CET, levies, according to a communiqué issued at the end of the meeting.

A breakdown of the distribution shows that of the ₦2.225 trillion available for distribution, ₦1.478 trillion was attributed to statutory revenue, ₦672.903 billion originated from VAT, ₦32.338 billion was generated through the Electronic Money Transfer Levy (EMTL), and ₦41.284 billion resulted from Exchange Difference.

The communiqué disclosed that the total revenue for the federation that month amounted to ₦3.635 trillion. Out of this sum, ₦124.839 billion was subtracted to cover collection costs, and ₦1.285845 trillion was allocated for transfers, interventions, refunds, and savings.

From the statutory revenue of ₦1.478 trillion, the federal government got ₦684.462 billion, state governments received ₦347.168 billion, and local government councils were granted ₦267.652 billion. Additionally, ₦179.311 billion, which represents 13 percent of mineral revenue, was provided to oil-producing states as derivation revenue.

Out of the ₦672.903 billion available from VAT revenue, the federal government was allocated ₦100.935 billion, the states received ₦336.452 billion, and the local governments got ₦235.516 billion.

From the EMTL fund distribution totalling ₦32.338 billion, the federal government got ₦4.851 billion, while the states received ₦16.169 billion, and the local governments were given ₦11.318 billion.

From the ₦41.284 billion resulting from exchange rate differences, the federal government was allocated ₦19.799 billion. The states received ₦10.042 billion, and the local governments got ₦7.742 billion.

Additionally, ₦3.701 billion, representing 13 percent of the mineral revenue, was allocated to the oil-producing states as a derivation payment.

Ofunaofu:
Compare the naira value of the so-called largest-ever FAAC allocation today to what it was before Tinubu 'grabbed it, snatched it, and ran away with it,' and you will realize the enormous and monumental damage Tinubu has done to the economy of this nation.

seanfer:
Can you please share with us all the last time the FAAC shared up to $1 billion as allocation...
This report says the highest in the history of the country and you're here ranting as usual. $1.48 billion as allocation is not that bad except you have decided that you will never see anything good in the current government..

mrvitalis:
Less than 1.5 billion dollars per month as a nation of 200 million people is shameful

Burob:
Well shame on you, wey no contribute anything.

Ofunaofu:
Compare the naira value of the so-called largest-ever FAAC allocation today to what it was before Tinubu 'grabbed it, snatched it, and ran away with it,' and you will realize the enormous and monumental damage Tinubu has done to the economy of this nation.

SarkinYarki:
Concert these figure to dollars and you will see they are decieving you...These clowns trigger the 10x devaluation and start bandying tissue paper values as progress ..Factor in devaluation and inflation and you will see this might be worse than every single month under Buhari or Jonathan

mrvitalis:
Less than 1.5 billion dollars per month as a nation of 200 million people is shameful

Chubhie:
Nigeria is a very poor country. Why is it's leaders living larger than wealthy nations that subsidize us via loans?

yarimo:
That of Abia state will soon syphoned everything without any meaningful project in reality

zero8zero:
Nawa for you wailers o, the Governors are not complaining, na you dey complain. Tell us one Governor that has come out to wail as una dey do, rather they appreciate the fact that they're getting more.
When this country had recession back to back, did it not affect the entire economy?, were all the states not cash strapped?, did we even have increase in FAAC to ease off?.
During GEJ, more than 20 states couldn't pay salaries, some were paying half salaries, almost all the state couldn't pay pensions and this was the period inflation rate was still ok. Yet the FG couldn't rescue the states, even Okonjo confessed the FG was also borrowing to pay workers salaries..

Now, that more funds is getting to the grassroots, you're complaining even when those collecting it did not ask you to complain for them. Inflation has been on steady decline, the Governors can now do more, Akwa-Ibom, Ebonyi, Edo etc have raised minimum wage up to 80k -100k, yet na wailers dey complain. Governors have invited the President to commission projects yet na wailers dey wail.
Since your excuse is inflation, would you blame your state Governor after collecting the big cash to sit on it and do nothing since the money doesn't have value, make them kuku keep looting it or spend it on their mistresses, you will like that, right?. I pray make God dash una common sense.

Ofunaofu:
Yes, you say governors are happy with FAAC ‘increases’ in Naira. But when you convert to dollars or even adjust for inflation, those ‘increases’ are partially or largely swallowed up by the Naira’s loss of value.

zero8zero:
How much is your state generating monthly?, abi na one of dem parasitic states that can't survive without Govt allocations.

seanfer:
Can you please share with us all the last time the FAAC shared up to $1 billion as allocation...
This report says the highest in the history of the country and you're here ranting as usual. $1.48 billion as allocation is not that bad except you have decided that you will never see anything good in the current government..

mrvitalis:
My state IMO generate more than we get

zero8zero:
Do you guys even try to guage your IQ before coming online to talk?. Why must you convert a naira dominated economy into dollars in spending terms?. Are we buying or selling in dollars in Nigeria?, Is FAAC shared in dollars?. Why is it that wailers are not smart upstairs?.
As we speak, states have reduced their external debts, executing projects except for the lazy ones who doesn't want to do nothing.
Like I earlier asked, when inflation was single digit & less than 15%, why were states and FG borrowing to pay salaries and increasing debt profiles?. Why were they not executing a single project?, since inflation is your lazy excuse.

Ofunaofu:
You’re confusing volume with value. Yes, FAAC is shared in naira but that doesn’t mean we should ignore what that naira is actually worth. When inflation is spiraling and the naira is rapidly losing value, N1 trillion today might have the same purchasing power as N400 billion three years ago. So what looks like an ‘increase’ is often just currency depreciation in disguise.

And no, nobody is saying we ‘spend in dollars’ but Nigeria doesn’t exist in a vacuum. Our economy is heavily import-dependent fuel, machinery, medicine, even food all priced in dollars. So when the naira weakens, costs skyrocket, and state governments' ability to fund real projects shrinks, even if the FAAC numbers look bigger on paper.

As for your debt claim, states borrowing during low inflation was largely due to low oil revenues and a bloated public sector. Now, we’re seeing ‘debt reduction’ partly because the exchange rate crash has made it nearly impossible to service external debt, forcing restructuring or delays. That’s not strategy; that’s survival..

So, if you're celebrating FAAC increases without adjusting for inflation or currency collapse, you're basically clapping for a pay raise while basic food prices, transport, rent etc now costs 5 times more. Make it make sense.

commoditiesnig:
Good.

Its hightime we hold our immediate govt accountable. LG chairmen, Governors. Not only the FG

Sadly many online don't even followup on their state Governors or even know their state LG.. Just come online to rant about Tinubu.

Look as states like Akwa ibom, Cross river, Lagos, just few states that have been doing is using their allocations judiciously.