FG, states, LGs share N2.09tn October revenue.
The Federal Government, states, and local governments shared a total of N2.094 trillion as revenue for October 2025, slightly below the N2.103 trillion allocated in September. This represents a marginal shortfall of N9 billion, equivalent to a 0.43 percent month-on-month decline. The allocation breakdown shows that the distributable pool of N2.094 trillion comprised N1.376 trillion in statutory revenue, N670.303 billion from Value Added Tax (VAT), and N47.870 billion from the Electronic Money Transfer Levy (EMTL). The total gross revenue […]