The federal government, state governments and local governments shared ₦1.578 trillion, as allocation, for March.
Papers News reports that the Federation Account Allocation Committee (FAAC), at its April 2025 meeting, chaired by the Minister of Finance, Wale Edun, shared the sum from a gross total of ₦ 2.411 trillion.
A statement by the Ministry of Finance’s spokesman, Mohammed Manga, revealed that from the stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL) and Exchange Difference; the Federal Government received ₦528.696 billion, the States received ₦530.448 billion, the Local Government Councils got ₦387.002 billion, while the Oil Producing States received ₦132.611 billion as Derivation, (13% of Mineral Revenue).