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FG, states, councils share N1.969tr December revenue at FAAC meeting
The Federal Government, state governments, and local government councils have shared a total of ₦1.969 trillion as revenue generated in December 2025 from the Federation Account.
This was disclosed in a statement signed by the Director of Press and Public Relations in the Office of the Accountant General of the Federation, Bawa Mokwa, on Monday after the January 2026 meeting of the Federation Account Allocation Committee, which was held in Abuja.
According to the statement, the ₦1.969 trillion shared among the three tiers of government was made up of ₦1.084 trillion from statutory revenue, ₦846.507 billion from Value Added Tax, and ₦38.110 billion from the Electronic Money Transfer Levy.
The FAAC communiqué explained that a total gross revenue of ₦2.585 trillion was recorded in December 2025. From this amount, ₦104.697 billion was deducted as the cost of collection, while ₦511.585 billion went into transfers, refunds, and savings, leaving ₦1.969 trillion for distribution.
The committee said gross statutory revenue for the month stood at ₦1.631 trillion. This was lower than the ₦1.736 trillion recorded in November 2025, showing a drop of ₦105.202 billion.
However, revenue from Value Added Tax rose sharply. FAAC reported that ₦913.957 billion was generated from VAT in December 2025, compared to ₦563.042 billion in November, an increase of ₦350.915 billion.
From the total amount shared, the Federal Government received ₦653.500 billion. The 36 states and the Federal Capital Territory got a combined ₦706.469 billion, while the 774 local government councils received ₦513.272 billion. Oil-producing states were also paid ₦96.083 billion as their 13 percent derivation from mineral revenue.
Breaking down the statutory revenue of ₦1.084 trillion, the Federal Government took ₦520.807 billion, the states received ₦264.160 billion, and local governments got ₦203.656 billion. The ₦96.083 billion derivation was also paid to the benefiting states from this portion.
From the ₦846.507 billion VAT pool, the Federal Government received ₦126.976 billion. The states shared ₦423.254 billion, while local governments received ₦296.277 billion.
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On the ₦38.110 billion generated from the Electronic Money Transfer Levy, the Federal Government got ₦5.717 billion. The states received ₦19.055 billion, and the local government councils were allocated ₦13.338 billion.
FAAC also gave an update on how different revenue sources performed during the month. It said income from Companies Income Tax, Capital Gains Tax, and Stamp Duties, as well as Import Duty and VAT, recorded strong increases.
At the same time, the committee noted that revenue from Excise Duty, Petroleum Profit Tax, Hydrocarbon Tax, and the Electronic Money Transfer Levy declined. Oil and gas royalties, as well as Common External Tariff levies and fees, recorded only slight increases.
The monthly FAAC allocation remains a major source of funding for many states and local governments, especially for paying workers’ salaries and running basic services.
The latest distribution is expected to support government activities across the country in the coming weeks.
Ex-Kaduna State Governor, Nasir Ahmad El-Rufai, has accused the Office of the National Security Adviser (ONSA) of procuring a highly toxic chemical compound, thallium sulphate, allegedly capable of being used for assassinations.
In a statement posted on his verified X (formerly Twitter) account on Sunday, El-Rufai claimed that information available to opposition political leaders suggested that the office of the National Security Adviser, headed by Nuhu Ribadu, had imported approximately 10 kilograms of thallium sulphate from a supplier in Poland.
The former governor said he had formally written to the ONSA seeking urgent clarification over the alleged transaction, describing the matter as one of grave public concern.
A fire outbreak at the Singer Market in Kano has destroyed properties worth over N5 billion, affecting over 1,000 businesses and leaving seven persons missing.
The market’s Chairman, Alhaji Junaid Zakari, disclosed this to newsmen in kano on Sunday.
Zakari described the incident as one of the worst tragedies in the market’s history, with four residential buildings housing small-scale businesses razed.
Goods, equipment, and valuables were completely burnt, crippling the livelihoods of hundreds of families.
The chairman further revealed that seven persons were declared missing as of the time of filing this report.
Zakari added that investigations were ongoing to determine their whereabouts to confirm whether they were alive or dead.
He said emergency responders and security agencies were working to unravel the cause of the fire.
Zakari described the incident as a tragedy that would never be forgotten in the history of the historic market, stressing the urgent need for support to enable the affected traders to rebuild their businesses.
He, however, commended Gov. Abba Yusuf for visiting the scene while the fire was still raging, stating that the Governor’s swift response demonstrated concern and solidarity with the victims.
Authorities are yet to officially determine the cause of the inferno, as the affected traders continued to salvage what remained of their properties.
Alhaji Isa Abubakar, a shop owner, said he lost goods worth over N200 million, saying, “from God we come, to Him we shall return.
“I am here and it is heartbreaking to see goods worth billions of Naira destroyed by fire.”
Abubakar commended Yusuf for visiting the scene, demonstrating concern and solidarity with the victims.
Musa Ibrahim, a market trader, recounted his experience, saying that he lost goods worth over N340 million in the fire.
“The fire had consumed everything we had,” he said, pointing to the remains of his shop
The Units Chairmen’s Forum of the People’s Democratic Party (PDP) Ughelli North chapter led by Coach Charles Tuedor held an interactive session with Elders, Leaders, and Stakeholders at the residence of Amb. Thompson O. Akpososo in Afiesere Community on February 14, 2026.
The meeting was marked by a significant donation: Hon Chief George Osikorobia, the first Ughelli North Local Government Council Chairman elected under the PDP platform, donated a party secretariat to the PDP. He urged the units chairmen to continue spreading the party’s message across the LGA.
Party leaders, including Hon Pastor Stephen Kesiena Nomuoja and Hon Daniel Emaye, commended the units chairmen for their unwavering efforts and commitments towards the party’s growth. They urged them to remain steadfast and continue working towards the party’s success.
Hon Dr Olotu Akpodiete JP, the Ughelli North, South, and Udu Federal Constituency House of Reps Aspirant, represented by Hon. Ovo Erhabor thanked the units chairmen for their resilience and assured them that the party will overcome its current challenges. He urged the unit chairmen to sensitize the electorates on the importance of getting their voters’ cards, emphasizing that it is crucial for the party’s success in 2027.
The meeting organizers thanked sponsors, including Hon.Dr.Olotu Akpodiete JP,Hon.Oke Umurhohwo,Pastor Kesiena Nomuoja,Madam Rita Agbah, Hon. Daniel Emaye,Hon. Alex Akporute, Amb. Comrade Kpoharor Emmanuel, Chief Scott Udu, Hon. Karo Akpososo among others
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