Nigeria, Dec. 16 -- The federal, state and local governments shared a total of N1.928 trillion as Federation Account revenue for November 2025, according to the Office of the Accountant General of the Federation.

The allocation was approved at the December 2025 meeting of the Federation Account Allocation Committee (FAAC) held in Abuja.

This was disclosed in a press statement on Monday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, Bawa Mokwa.

The total distributable revenue comprised N1.403 trillion in statutory revenue, N485.838 billion from Value Added Tax (VAT) and N39.646 billion from the Electronic Money Transfer Levy (EMTL).

A communique issued after the meeting showed t...