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Just In: FG, state, local governments share N2.001trn July revenue
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The three tiers of Nigerian government, federal, state, and local government councils, have shared the total of N2.001 trillion, being the July 2025 Federation Account Revenue.
The revenue was shared at the August 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja.
The N2.001 trillion total distributable revenue comprised distributable statutory revenue of N1,282.872 trillion, distributable Value Added Tax (VAT) revenue of N640.610 billion, Electronic Money Transfer Levy (EMTL) revenue of N37.601 billion, and Exchange Difference of N39.745 billion.
According to the communiqué made available to DAILY POST on Friday by the spokesperson for the Office of the Accountant General of the Federation, Bawa Mokwa, the gross statutory revenue of N3,070.127 trillion was received for the month of July 2025. This was lower than the sum of N3,485.235 trillion received in the month of June 2025 by N415.108 billion.
According to the communiqué made available to DAILY POST by the spokesperson for the Office of the Accountant General of the Federation, gross statutory revenue of N3,070.127 trillion was received for the month of July 2025. This was lower than the sum of N3,485.235 trillion received in the month of June 2025 by N415.108 billion.
Gross revenue of N687.940 billion was available from the Value Added Tax (VAT) in July 2025. This was higher than the N678.165 billion available in the month of June 2025 by N9.775 billion.
The communiqué stated that from the N2,000.828 trillion total distributable revenue, the Federal Government received a total sum of N735.081 billion and the State Governments received a total sum of N660.349 billion.
The local government council received N485.039 billion, while the sum of N120.359 billion (13% of mineral revenue) was shared with the benefiting state as derivation revenue.
On the N1,282.872 trillion distributable statutory revenue, the communiqué stated that the Federal Government received N613.805 billion and the State Governments received N311.330 billion.
The Local Government Councils received N240.023 billion, and the sum of N117.714 billion (13% of mineral revenue) was shared with the benefiting states as derivation revenue.
From the N640.610 billion distributable Value Added Tax (VAT) revenue, the Federal Government received N96.092 billion, the State Governments received N320.305 billion, and the Local Government Councils received N224.214 billion.
A total sum of N5.640 billion was received by the Federal Government from the N37.601 billion. The State Governments received N18.801 billion, and the Local Government Councils received N13.160 billion.
From the N39.745 billion exchange difference, the communiqué stated that the federal government received N19.544 billion and the state governments received N9.913 billion.
The Local Government Councils received N7.643 billion, while the sum of N2.643 billion (13% of mineral revenue) was shared with the benefiting states as derivation revenue.
In July 2025, Petroleum Profit Tax (PPT), Oil and Gas Royalty, Electronic Money Transfer Levy (EMTL), and Excise Duty increased significantly, while Value Added Tax (VAT) and import duty increased marginally.
Companies Income Tax (CIT) and CET levies recorded decreases.
News
French Embassy ends €750,000 plastic recycling initiative
By Francesca Hangeior
The French Embassy in Nigeria has ended its €750,000 Plastic Waste Management Project in eleven universities after three years of implementation.
The embassy hinted of plans to expand the initiative to more Nigerian universities following the successful pilot phase.
The embassy disclosed this on Tuesday in Abuja during the project’s closeout session attended by representatives of participating universities, development partners and other stakeholders.
The initiative, funded by the French Embassy, was implemented in 11 Nigerian universities to promote plastic waste management, environmental sustainability, research, innovation and entrepreneurship through plastic recycling technologies.
Some of the universities include: University of Port Harcourt; University of Lagos; Yaba College of Technology; Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State; Nile University of Nigeria; Obafemi Awolowo University, Ile-Ife; University of Delta, Agbor and University of Calabar.
Speaking after the event, the French Embassy’s Deputy Head of Cooperation, Pierre Andriamampianina, said the project had exceeded expectations, with participating institutions implementing activities beyond those initially planned.
He said France invested more than €750,000 in the project, adding that its impact had gone beyond the financial commitment through improved capacity building, youth engagement, innovation and job creation.
“The return on investment for Nigeria is much more than the money invested. The gains are enormous in terms of capacity building, public participation, youth mobilisation and innovation,” he said.
According to him, the project’s final evaluation showed that participating universities demonstrated exceptional commitment by introducing additional activities independently.
“It is a huge success in terms of student mobilisation, job creation, production using recycled plastics and improved university governance through better plastic waste management,” Andriamampianina said.
He said the embassy intends to build on the project’s success by expanding participation to more tertiary institutions across the country.
“Our expectation is that this project will create a strong network of universities, academics and innovators that will continue to grow and bring more universities on board. We currently have 11 universities in the project, but we hope many more institutions will join,” he added.
Also speaking, the Vice-Chancellor of Nile University of Nigeria, Prof. Dilli Dogo, described the initiative as evidence of the impact of strategic international partnerships on higher education and sustainable development.
He said the project had strengthened practical learning, research and entrepreneurship at the university, noting that discussions with the French Embassy in 2023 led to the establishment of a fabrication laboratory and a plastic recycling micro-factory.
According to Dogo, the project has demonstrated that plastic waste can be converted into valuable products while equipping students with practical and entrepreneurial skills.
“Everything is possible in this country. All we need is to harness the necessary resources, talents, motivation and encouragement. We can achieve a lot,” he said.
He urged universities to prioritise practical skills and entrepreneurship to enable graduates to create jobs rather than depend solely on paid employment.
A representative of the Vice-Chancellor of the University of Lagos, the Deputy Vice-Chancellor (Development Services), Prof. Afolabi Leshi, said the project had enriched teaching, research and entrepreneurship within the institution.
He disclosed that the university plans to use its plastic recycling micro-plant to manufacture household and office furniture from recycled plastic waste before expanding into commercial production.
Leshi said the institution also plans to partner with formal and informal waste collectors to ensure a steady supply of recyclable materials, creating jobs while improving waste management.
He added that the initiative had strengthened research in environmental sustainability, material science and climate action and inspired students to pursue careers in environmental engineering and related fields.
Stakeholders at the closeout session said the project demonstrated how collaboration among governments, universities and development partners can address environmental challenges while creating sustainable economic opportunities for young Nigerians.
News
NUC approves unbundling of UNN Mass Comm programme
By Francesca Hangeior
The National Universities Commission (NUC) has approved the unbundling of the Department of Mass Communication, University of Nigeria Nsukka (UNN) into five new undergraduate programmes with effect from the 2026/2027 academic session.
This is contained in a statement issued on Thursday in Nsukka by Mr Inya Egwu, the acting Public Relations Officer of UNN.
According to him, the newly approved full-time programmes are B.Sc. (Advertising), B.Sc. (Broadcasting), B.Sc. (Development Communication Studies), B.Sc. (Journalism and Media Studies), and B.Sc. (Public Relations).
The statement said the approval was conveyed to the university in a circular dated June 19, 2026.
“The decision followed a comprehensive resource verification visit conducted by a panel of experts to assess the human and material capacity available for the proposed programmes.
“The approval, according to NUC, strictly applies to full-time mode of delivery; any plan to introduce part-time or postgraduate components for these programmes will require further notification and approval by the commission.
“The programmes should retain their approved titles and nomenclature, as any modifications will be subjected to regulatory clearance,” Egwu said.
He said the Head of the Department of Mass Communication, Prof. Michael Ukonu, expressed gratitude to the Vice-Chancellor for his support throughout the NUC resource verification.
He also thanked the Director of Academic Planning, Prof. Anthony Attama, for guiding the department throughout the verification.
According to him, the unbundling will align the university’s ambition to maintain its world-class standards and transformational vision.
News
Navy arrests member of vehicle theft syndicate in Abuja
By Francesca Hangeior
The Nigerian Navy has nabbed a member of a motor theft syndicate linked to more than 50 stolen vehicles across the Federal Capital Territory (FCT).
This is contained in an operational report made available to journalists on Thursday in Abuja by the Director of Naval Information, Capt. Abiodun Folorunsho.
Folorunsho said Naval Base Abuja operatives carried out the operation as part of ongoing efforts to strengthen the FCT’s security architecture through intelligence-led operations in collaboration with sister agencies.
According to him, the suspect was intercepted while attempting to leave the FCT.
“Preliminary investigations reveal that he allegedly impersonated an Inspector of the Nigerian Correctional Service (NCos) to facilitate his criminal activities.
“He has confessed to his involvement in a vehicle theft syndicate responsible for stealing vehicles from different parts of the FCT.”
The Director of Naval Information also said that investigations revealed that the criminal network operated across state boundaries with stolen vehicles reportedly disposed of through accomplices outside the FCT.
He said that efforts were ongoing in collaboration with other relevant security agencies to apprehend other members of the syndicate.
“The suspect, together with relevant exhibits and evidence, has been handed over to the Nigeria Police Force, FCT Command, for further investigation and prosecution in accordance with established inter-agency procedures,” he said.
The naval spokesperson reaffirmed the Navy’s commitment to strengthening inter-agency cooperation to support national security and ensure a safe and secure environment for all Nigerians.
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