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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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Bumper Harvest: Foundation Distributes 6,000 Fertilizers To Farmers In Bauchi

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A group, Wunti Al-Khair Foundation has donated 6,000 50kg bags of fertilizer to farmers in Bauchi state in order to have a bumper harvest.

Speaking during the flag off ceremony of the distribution of the fertilizers on Thursday, Mr Abubakar Mohammed, Monitoring and Evaluation Officer, Wunti Al-Khair Foundation, said the distribution was only for the indigent farmers in the state.

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He said the fertilizers would be distributed to farmers in underserved communities across the three Senatorial Districts of the state.

“We are gathered here to flag off the free distribution of fertilizers to farmers, especially the indigent farmers that don’t have the means to buy fertilizer for their farms.

READ ALSO: Fedpoly Bauchi Shut Down Over Violent Students Protest

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“That is the reason why the founder of this foundation bought the fertilizers and distributed them to the low income farmers in the state.

“We have gone round the nooks and crannies of the state to identify the underserved communities and those that deserve this particular gesture.

“We planned to distribute about 6,000 bags of fertilizer and due to the populous nature of the Bauchi LGA, they have the largest share but some other local governments too have hundreds of beneficiaries which we divided into Senatorial zones,” he said.

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According to him, today was the flagging off of the Bauchi South Senatorial District, adding that the extension of the gesture would commence in Bauchi North and Bauchi Central Senatorial Districts tomorrow.

READ ALSO: UNICEF Advocates Six Months Maternity Leave From Working Mothers In Bauchi

Mohammed explained that the only criteria used in selecting the beneficiaries were underserved communities and low income farmers, adding that “we know that a large number of the farmers in Bauchi state are low income farmers.

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“Those are the people that we identified, verified and they are our beneficiaries and we have warned the general public about the activities of some unscrupulous elements that go round to impersonate our foundation.

“Wunti Al-Khair Foundation is not charging a kobo for every part of its activities, be it education, healthcare, economic empowerment and community development”.

Responding, one of the beneficiaries, Emmanuel Samson, described the support as a timely intervention that would greatly enhance his farming activities and appreciated the foundation for the intervention.

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Another beneficiary, Salisu Maidawa, who was short of words for the gesture, said the gesture came at a time when he was in dire need of it.

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IYC Urges Tinubu To Sack NCDMB Boss

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Ijaw Youth Council (IYC), Western Zone, has urged President Bola Tinubu to immediately sack Engr. Felix Omatsola Ogbe, the Executive Secretary of Nigeria Content Development and Monitoring Board (NCDMB) for allegedly not “keeping up to the fundamental mandate,” upon which the agency was established.

This was contained in a statement jointly signed by Comrade Nicholas Igarama, Comrade Ebi Joshua Olowolayemo, and Comrade Tare Magbei, Western Zone
Chairman, Secretary, and Information Officer respectively, and made available to newsmen in Warri on Thursday, August 14, 2015.

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According to the IYC, the call for Ogbe’s sack becomes necessary following his incompetence and ethnic bias, adding that Ogbe has turned the agency meant for the whole Niger Delta to his Itsekiri ethnic group alone.

The IYC, while noting that efforts to meet the NCDMB Executive Secretary to discuss critical issues as they affect the region and its people have proved abortive, said it can no longer fold it arms and watch while things go from bad to worse.

READ ALSO: FG Warns Of Flooding In Lagos, Rivers, Delta, Bayelsa, 26 Others

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As Executive Secretary of the NCDMB, Ogbe has consistently failed to input his supposed industry track record in the advancement of the mandate upon which the agency was founded.

“He has continually had a sectional engagement with his fellow Itsekiri Kits and Kin, thereby shutting all other ethnic nationalites in the Niger Delta region out.

“Repeatedly, he avoided critical youth engagement in the region while sponsoring that of his Itsekiri ethnicity through different human capacity development initiatives, while other ethnic nationalites are left unattended.

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“As Ijaw, mostly from the western flank where Engr. Ogbe also hails from, we will not sit and watch others benefit from the resources that we produce without our practical involvement to better the lives of our people as well.

READ ALSO: Bayelsa Warns LG Officials Against Pension Payment Delays

“It is on record that the leadership of Ijaw Youth Council (IYC) Western Zone has tried to establish communication with Engr. Ogbe, for the last ten months, but every medium of communication to get his attention has fundamentally proven to be abortive.

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“As youths, we can no longer have leaders in office who have now equated themselves to demi-god and have refused to attend to most significantly youthful issues in the Niger Delta Region.

“To this end, we therefore call on President Bola Ahmed Tinibu to immediately sack Engr. Felix Omatsola Ogbe, who has consistently displayed disregard for critical actors in the Niger Delta and has also exhibited the highest level of gross inefficiency by not keeping up to the fundamental mandate upon which NCDMB was founded,” the statement reads.

The IYC also called for the probe Ogbe as Executive Secretary after his sack.

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Efforts to reach Dr. Obinna Ezeobi, the General Manager, Corporate Communications, NCDMB, for reaction proved abortive.

 

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I’m Being Impersonated – Goodluck Jonathan Disowns Social Media Account

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Former President Goodluck Jonathan, on Thursday said he is being impersonated by fraudsters.

Jonathan alleged that a fraudulent Instagram handle has been impersonating him.

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In a statement by his Media Aide,
Ikechukwu Eze, the former President insisted that he does not operate any Instagram handle.

READ ALSO:Ex-President Goodluck Jonathan Appointed Africa’s Ambassador For Agricultural Technology

The statement is titled ‘Beware of fake Instagram account impersonating H.E. Dr Goodluck Ebele Jonathan’.

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“Our attention has been drawn to a fraudulent Instagram account operating under the handle goodluck_ebelejonathan, which is falsely impersonating former President Dr. Goodluck Ebele Jonathan.

“This impostor account has been deceitfully posting content, some copied from Dr. Jonathan’s Facebook page, while pretending to represent the former President.

READ ALSO:How Former Konga CEO, Nick Imudia, Committed Suicide

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“We wish to emphasise that Dr. Jonathan does not operate any Instagram account.

“The media and members of the public are strongly advised to disregard, avoid sharing, or promoting any content originating from this fake profile,” the statement read.

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