The Federal Government (FG), 36 states and 774 local governments shared N26 trillion from Federation Account Allocation Committee (FAAC) revenue in 2025.
This represents an 84.2 percent year-on-year (YoY) increase when compared to N14.11 trillion shared in 2024.
Vanguard analysis of data in the FAAC communiques issued during the period showed that the Federal Government received N14 trillion in 2025, rising by 178.8 percent YoY from N5.02 trillion in 2024.
Similarly, revenue received by the States shot up by 43.5 percent YoY to N7.52 trillion in 2025 from N5.24 trillion in 2024.
Furthermore, Local Government revenue grew by 29.3 percent YoY to N4.98 trillion in 2025 from N3.85 trillion in 2024.
Allocations from Value Added Tax (VAT) also increased by 22.8 percent YoY to N8.23 trillion in 2025 from N6.7 trillion in 2024.
Meanwhile, oil producing states received N1.6 trillion as 13 percent derivation fund from Federation Account Allocation Committee, FAAC, revenue shared in 2025.