Total FAAC revenue shared in Nigeria consistently grew year-on-year from February to June 2025, with increases ranging from 39% to 49%

  • Nigeria’s FAAC revenue increased 49% YoY in March 2025 (₦1.68T vs ₦1.12T in March 2024).
  • February 2025 saw a 48% increase YoY (₦1.70T vs ₦1.15T in February 2024).
  • April 2025 revenue rose by 41% YoY, moving from ₦1.12T in April 2024 to ₦1.58T.
  • January 2025 showed no YoY change, recording ₦1.42T in both 2024 and 2025.
  • The consistent growth in H1 2025 FAAC revenues signals improved government revenue mobilisation, better oil/non-oil collections, and higher capacity for states to meet obligations.

Nigeria’s Federation Account Allocation Committee (FAAC) revenue distribution has shown consistent year-on-year growth from February to June 2025, reflecting improved government revenue mobilisation and stronger inflows. Except for January, which saw no change, every month in H1 2025 posted a significant increase in shared revenue compared to the same period in 2024, with growth rates ranging from 39% to 49%. This consistent rise indicates stronger fiscal capacity to support federal, state, and local government operations amid economic challenges.

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