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FG, states, LGs shared N1.969trn in December 2025 revenue

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A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils.

This was disclosed in a communiqué from the Federation Account Allocation Committee, made available on Monday by Director Press and Public Relations, Office of the Accountant-General of the Federation, Mr Bawa Mokwa.

The revenue was shared at the January FAAC meeting.

The communiqué stated that the N1.969 trillion total distributable revenue comprised statutory revenue of N1.084 trillion, Value Added Tax revenue of N846.507 billion and Electronic Money Transfer Levy revenue of N38.110 billion.

It added that total gross revenue of N2.585 trillion was available in December 2025.

“Total deduction for cost of collection was N104.697 billion, while total transfers, refunds and savings amounted to N511.585 billion,” it said.

According to the communiqué, gross statutory revenue of N1.631 trillion was received for December 2025.

“This was lower than the sum of N1.736 trillion received in the month of November 2025 by N105.202 billion.

“Gross revenue of N913.957 billion was available from VAT in December 2025. This was higher than the N563.042 billion available in the month of November 2025 by N350.915 billion,” it said.

The communiqué said that from the N1.969 trillion total distributable revenue, the Federal Government received N653.500 billion, while the state governments received N706.469 billion.

It said the LGs received N513.272 billion, while the sum of N96.083 billion, representing 13 per cent of mineral revenue, was shared to the benefiting states as derivation revenue.

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On the N1.084 trillion distributable statutory revenue, the communiqué said the Federal Government received N520.807 billion and the state governments received N264.160 billion.

“The LGs received N203.656 billion, while the sum of N96.083 billion, representing 13 per cent of mineral revenue, was shared to the benefiting states as derivation revenue.

“From the N846.507 billion distributable VAT revenue, the Federal Government received N126.976 billion, the state governments received N423.254 billion and the LGs received N296.277 billion,” it said.

 

 

The communiqué said a total sum of N5.717 billion was received by the Federal Government from the N38.110 billion EMTL, while the state governments received N19.055 billion and the LGs received N13.338 billion.

It added that in December 2025, Companies Income Tax, Import Duty and VAT increased significantly.

It said Oil and Gas Royalty, CET levies and fees increased marginally, while Excise Duty, Petroleum Profit Tax and EMTL recorded considerable decreases.

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11th Senate to consider six-year single term for president, governors – Lawmaker

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Senate Leader, Opeyemi Bamidele, has disclosed plans to sponsor a bill seeking to introduce a single six-year tenure for presidents and governors after the 2027 general elections.

Bamidele said the proposed legislation would be among the first bills he intends to introduce when the next Senate is inaugurated, arguing that it would enable elected leaders to focus on governance rather than re-election campaigns.

Speaking during an interview with reporters in his office on Tuesday, the lawmaker said the current two-term arrangement often compels officeholders to devote a significant portion of their first term to political calculations and preparations for re-election.

“One of the first set of bills that I look forward to moving, by God’s grace, when we come back for the 11th Senate, God willing, is for a bill that will only make it possible for anyone who wants to be president of this country, or governor in any part of this country, to spend only one term of six years,” he said.

According to him, a single tenure would eliminate distractions associated with seeking a second term.

“So that you don’t even have to worry about wasting almost one and a half years of your first term thinking and struggling and looking forward to how you’ll be re-elected,” Bamidele said.

“If you know you are there for six years, only one tenure, you put in your best from day one. You know this is the only chance that you have.”

The Senate Leader acknowledged that the proposal may not enjoy universal support but maintained that lawmakers have a responsibility to initiate reforms they believe would strengthen governance.

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“That’s my opinion. It doesn’t mean everybody will agree with me. But it also does not mean that I am prevented from doing that because that has not been the law,” he said.

Bamidele stressed that laws are meant to evolve in response to changing realities and public needs.

“The essence of law, the essence of parliament, is that laws are like human beings; they grow,” he added.

The proposal, if formally introduced and passed by the National Assembly, would require constitutional amendments before it can take effect.

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Ibadan visitation: Nobody can stop me from going anywhere in Nigeria – Sheikh Gumi

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Popular Islamic cleric, Sheikh Gumi Ahmad, has broken his silence on his visitation to Ibadan late last year, amidst outrage that he was trying to Islamise Oyo State with some Northern ideologies and tenets.

Gumi stressed that nobody can stop him from visiting anywhere in the country, while maintaining that he was not invited by any Muslim group or individual in the South-West.

In a post on his Facebook page on Tuesday, he said he was in Ibadan as a representative of northern Islamic scholars.

He made this known barely a day after one of the victims of the abduction in the Oriire Local Government Area of Oyo State dismissed claims that their abductors demanded the implementation of Sharia law in the state as part of the conditions for releasing the victims.

PUNCH Online reports that the principal of Community High School, Esiele, Oyo State, Mrs Rachael Alamu, while speaking from captivity in a now-viral video, said the gunmen said they never demanded the introduction of Sharia law or a N1 billion ransom as reported in some quarters, but rather for the release of their associates currently in the custody of Nigerian authorities.

Also, the Muslim Rights Concern rejected the alleged demand for Sharia in a statement issued on Monday, describing the report as “a lie from the pit of Jahannam (hell)”.

MURIC argued that the so-called demand was inserted by enemies of Islam in the negotiation team to tarnish the image of Islam.

However, aligning with the Islamic group’s position, Gumi wrote, “I quite understand now how Islamophobia is shaping politics in SW (South-West) and why I was unnecessarily dragged into their dirty local politics.

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“I was in Ibadan, not by the invitation of any SW Muslim individual or group, but as a representative of the Coalition of Northern Muslim Ulama.

“Can anybody stop me from going anywhere in Nigeria?”

Recall that Gumi visited Ibadan on Wednesday, November 19, 2025, where he served as a special guest and speaker at the Southern Nigerian Ulama Summit.

The event took place at the University of Ibadan.

During his visit, he also attended a courtesy session alongside other prominent Southern and Northern Muslim scholars.

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Troops rescue six kidnap victims after clash with terrorists in Borno

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Troops of Operation Hadin Kai have rescued six kidnap victims following a confrontation with terrorists along the Delwa–Komala road in Borno State.

The incident occurred at about 17:58 hours on June 6, 2026 when troops at Forward Operating Base Molai received intelligence that armed terrorists had intercepted and abducted civilians travelling along the route.

Troops were immediately mobilised on a fighting patrol to the location and reportedly made contact with the terrorists upon arrival in the general area.

According to the sources, the armed group abandoned the victims and fled into nearby bushes following the troops’ approach.

The victims were successfully rescued unharmed and comprised four adult males, one adult female and one minor.

They were said to have been secured and moved to a safer location for further assessment and necessary documentation.

The military noted that the general security situation in the theatre remains calm but unpredictable, adding that troops continue to maintain aggressive patrols and clearance operations across vulnerable areas.

It further stated that troops’ morale and operational effectiveness remain satisfactory as operations continue to deny terrorists freedom of action within the North-East theatre.

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