FG, State, LGAH distributed N1.68TR as an income allocation for April

Three levels of government on Friday shared the total number of N1.68 trillion as an income allocation for April.

This month’s allocation is 6.5 percent higher than N1,578 trillion which was distributed in March.

Director of the Press and Public Relations at the Federation General Accounting Office, Bring Mokwa, revealed this in a statement issued at the end of the Federation Account Allocation Committee (FAAC) held in Abuja.

He said the gross income for April was established at N2,848 trillion, where N101.05 billion was reduced as a collection fee, while N1.066 trillion was set aside for transfer, refund, intervention, and savings.

Gross legal income for the month rose to N2,085 trillion, up with N365.60 billion from N1,719 trillion recorded in March.

Value Added Tax Revenue (VAT) also moves up to N642.27 billion compared to N637.62 billion in the previous month.

Also read: FG, State, LGAS shared N1.68TR as an income allocation for February

The statement reads: “The total income that can be distributed from N1.681TN consists of legal income that can be distributed at N962.88BN, N598.08BN value added tax, N38.86BN electronic money transfer fees, and differences in N81.41bn exchange.

“From N1.681TN distributed, the Federal Government received N565.31BN, the state government received N556.74 billion, while the Regional Government Council received N406.63 billion.

“N152.55BN Additional is disbursed to the state -producing state as a 13 percent derivation income.

“Damage shows that from the legal income N962.88BN, the Federal Government received N431.31BN, the state received N218.77BN, the local council received N168.66BN, and N144.15BN was allocated as derivation income.

“For the collection of VAT N598.08BN, the Federal Government received N89.71 billion, the state received N299.04 billion, and the local council received N209.33 billion.

“EMTL revenue N38.86BN is distributed as follows: N5.83 billion to the Federal Government, N19.43 billion to the state, and N13.60 billion to the Regional Government.

“Also, from the difference in the exchange of N81.41BN, the Federal Government received N38.46BN, the state received N19.51BN, the local government received N15.04BN, and N8.40BN was divided as derivation.

“In April 2025, petroleum profit tax, oil and gas royalties, electronic money transfer fees, VAT, Customs and Excise, import duties, and CET levies increased significantly, while company income tax declined significantly.”

Join the conversation

Opinion

Supports Nigeria’s ripples, resistant Journalism Solutions

A balanced and fearful journalism that is driven by data comes with enormous financial costs.

As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.

If you like what we do, and ready to uphold journalism solutions, friendly Nigerian ripples cause.

Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.

Donation now