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FAAC: FG, States, LGs Share N1.681trn April 2025 Revenue

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The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.681 trillion, being April 2025 Federation Account Revenue to the Federal, States and the Local Governments at the May 2025 meeting held in Abuja.

The N1.681 trillion total distributable revenue comprised distributable statutory revenue of N962.882 billion, distributable Value Added Tax (VAT) revenue of N598.077 billion, Electronic Money Transfer Levy (EMTL) revenue of N38.862 billion and Exchange Difference N81.407 billion.

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A communiqué issued by the Federation Account Allocation Committee (FAAC) indicated that total gross revenue of N2,848.721 trillion was available in the month of April 2025.

Total deduction for cost of collection was N101.051 billion while total transfers, interventions, refunds and savings was N1066.442 billion.

READ ALSO:States Kick Over N200b FAAC Remittance Shortfall

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According to the communiqué, gross statutory revenue of N2,084.568 trillion was received for the month of April 2025.

This was higher than the sum of N1,718.973 trillion received in the month of March 2025 by N365.595 billion.

Gross revenue of N642.265 billion was available from the Value Added Tax (VAT) in April 2025. This was higher than the N637.618 billion available in the month of March 2025 by N4.647 billion.

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The communiqué stated that from the N1,681. 228 trillion total distributable revenue, the Federal Government received total sum of N565.307 billion and the State Governments received total sum of N556.741 billion.

READ ALSO: FAAC: FG, States, LGs Share N1.7tn November Revenue

The Local government Council received N406.627 billion, while the sum of N152.553 billion (13% of mineral revenue) was shared to the benefiting State as derivation revenue.

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On the N962.882 billion distributable statutory revenue, the communiqué stated that the Federal Government received N431.307 billion and the State Governments received N218.765 billion.

The Local Government Councils received N168.659 billion and the sum of N144. 151 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.

From the N598.077 billion distributable Value Added Tax (VAT) revenue, the Federal Government received N89.712 billion, the State Governments received N299.039 billion and the Local Government Councils received N209.327 billion.

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READ ALSO:FG, States, LGs Shared N1.2tn In August – FAAC

A total sum of N5.829 billion was received by the Federal Government from the N38.862 billion Electronic Money Transfer Levy (EMTL).

The State Governments received N19.431 billion and the Local Government Councils received N13.602 billion.

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From the N81.407 billion Exchange Difference, the communiqué stated that the Federal Government received N38.459 billion and the State Governments received N19.507 billion.

The Local Government Councils received N15.039 billion, while the sum of N8.402 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.

Bawa Mokwa Director (Press and Public Relations) said in April 2025, Petroleum Profit Tax(PPT), Oil and Gas Royalty, Electronic Money Transfer Levy (EMTL), Value Added Tax (VAT), Excise Duty, Import Duty and CET Levies increased significantly while Companies Income Tax (CIT) decreased considerably.

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World Ocean Day: HOMEF Wants An End To Human’s Exploitative Relationship With The Ocean

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By Joseph Ebi Kanjo 

Health of Mother Earth Foundation (HOMEF) has called for an end to human’s exploitative, violent, and destructive relationship with the ocean even as the world marks World Ocean Day today, 8 June, 2025.

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In a statement issued by Kome Odhomor, Media/Communications Lead, HOMEF, to mark this year’s World Ocean Day with the theme: ‘Wonder: Sustaining What Sustains Us,’ the ecological think tank organisation said Ocean is not just a water but an ecosystems which “supply a substantial amount of oxygen to the atmosphere and offer various services that ensure the survival of all species on Earth.

“Climate change, primarily caused by human activities, is impacting the ocean. Dead zones are proliferating, pollution from minerals and fossil fuel extraction and production processes is occurring, unsustainable industrial fishing practices are occurring, intentional waste dumping is occurring, and disturbances of the ocean floor and seabeds are among a long list of destructive activities.

READ ALSO: World Environment Day: CEEAI Partners HOMEF For A Day Event

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“As ocean surface temperatures increase, global warming will also rise. Therefore, protecting the ocean from these forms of degradation would ultimately safeguard the Earth. Let’s protect the ocean and force others to respect it because we are the ocean; we are part of the ocean family.”

Odhomor, in the statement made available to INFO DAILY on Sunday, quoted the Executive Director of HOMEF, Dr. Nnimmo Bassey, as saying the World Ocean Day is celebrated annually on 8 June to underscore the immeasurable importance of the world’s ocean and garner support for their protection.

Bassey in the statement lamented that despite the importance, the ocean and other water bodies are continuously subjected to a barrage of assaults at local, national, and international levels.

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READ ALSO: HOMEF Decries Alarming Rate Of Malnutrition, Food Insecurity

“The concept that the ocean cycles itself and acts as a greenhouse gas sink has been misconstrued to mean that the ocean can filter and clean itself no matter what is dumped in it.

“The ocean and other waterbodies have become dumpsites of all sorts, polluting and extreme exploitation.

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“There are a lot of unusual activities going on in our waters that must not be allowed to continue if we want a healthy ocean and planet,” he noted.

Bassey further stated that “corporate interests have been substituted for national and people-centred interests, as communities that live along the coasts, bear the brunt of such abnormalities. Now is the time for all to rise to the occasion to protect the ocean. The continued burning of the Ororo Oil well over a period of five years is a sad commentary on ecocide on our waters.”

READ ALSO: World Earth Day: HOMEF Holds Climate Justice Assembly, Tasks N’Delta Activists On Unity

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Also lending his voice, Stephen Oduware, a Programme Manager with HOMEF and Coordinator of the Fishnet Alliance, a network of fishers across Africa, emphatically noted that the world’s fisheries depend on the ocean.

The two major sides of the ocean bordering Africa – the Atlantic and Indian, along with their associated gulfs, are experiencing shortfalls in fishing due to vested and powerful interests. Industrial fishing, including the use of bottom trawlers, is partly responsible for unsustainable fishing and illegal, unreported, and unregulated fishing in the region.

“These practices not only harm fisheries but also harm the ocean and create imbalances in the ecosystems the ocean supports. These unchecked activities in the territorial waters of Africa must stop. Fishers of the world unite,” he noted.

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Edo Rep Member Distances Self From Cultism, Says Allegation Politically Motivated

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By Joseph Ebi Kanjo

Hon. Marcus Onobun, member representing Esan West, Esan Central and Igueben Federal Constituency in the House of Representatives, has described as false the rumours making the rounds that he’s involved in Cult-related activities in Iruekpen, Esan West Local Government Area of Edo State.

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The Edo rep member, in a disclaimer titled: ‘Re: Disclaimer on Alleged Cult-related Issues in Iruekpen’, which was made available to INFO DAILY on Sunday, said the allegations of his involvement in cultism were not only “false and baseless, unfounded but they also appear to be politically motivated, attempts to tarnish my hard-earned reputation, distraction from the developmental strides we are making, and undermine the trust and confidence the good people of Iruekpen and beyond have reposed in me.”

He stressed, “For the avoidance of doubt, I am not directly or indirectly involved in cultism nor have I ever supported, encouraged, financed, or participated in any activity that promotes it in any form whatsoever.”

READ ALSO: Police Arrest 28 Suspected Cultists In Edo

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Hon. Onobun, who stated that the last time he visited Edo State was 22nd April, 2025, noted that the allegation was to “lay a foundation for their wicked and clandestine plan to silence the opposition.”

He explained that though he got information from a reliable source that there was a clash in the community (Iruekpen) between two indigenes, such clash was never bear his residence but in a brothel.

“I am a firm believer in the rule of law, democratic principles, and peaceful co-existence,” he said.

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The Edo rep member, while stating that security and safety of his constituents top is priority, urged the “media and the general public to exercise due diligence and verify facts before spreading information capable of causing panic and reputation damage.”

READ ALSO: Alleged Cultism: NBA Warns Against Suspects’ Rights Violation In Edo

The security and safety of our people tops my priorities as a federal lawmaker, as no development sees the light of the day in an unsafe environment, thus, the recently commissioned Police station in Iruekpen community,” he added.

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Onobun urged “those behind these malicious fabrications,” to “desist from the politics of character assassination,” noting that “our community deserves leaders and citizens who promote unity, progress, and constructive dialogue not divisiveness and falsehood.”

He added: “I remain committed to the service of my people and to the peace, growth, and development of Iruekpen as my immediate community and the entire federal constituency at large. No amount of smear campaigns will deter me from fulfilling my mandate and standing for truth, justice, and good governance.”

 

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Democracy Day: FG Declares June 12 Public Holiday

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The Federal Government has declared Thursday, 12th June, 2025 as Public Holiday in commemoration of this year’s Democracy Day celebration.

Permanent Secretary in the Ministry of Interior, Dr Magdalene Ajani in a statement on Sunday in Abuja said the Minister of Interior, Dr Olubunmi Tunji-Ojo, made the declaration on behalf of the Federal Government.

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The minister congratulated Nigerians on the occasion of 26 years of uninterrupted civil rule.

READ ALSO:June 12: Jonathan, Others Mount Pressure On Tinubu To Reinstate Fubara

He said; “June 12 represents our historic journey to building a nation where truth and justice reign and peace is sustained and our future assured.

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“The last 26 years tells the story of our resilience, strength and courage and a hope Renewed than ever.”

Noting that democracy is sustained with open doors for further improvement, the minister reiterated the commitment of the Renewed Hope government of President Bola Tinubu to the universal value of democracy, based on freely-expressed will of the people in determining Nigeria’s political, economic, social and cultural systems.

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