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FAAC: FG, States, LGAs Shared N1.6trn In February, Statutory Revenue Dropped By N194bn

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The federation account allocation committee (FAAC) says it shared N1.67 trillion among the three tiers of government in February.

The figure represents a decrease of N25 billion or 1.49 percent compared to the N1.703 trillion distributed in January.

Bawa Mokwa, the director of press and public relations of office of the accountant-general of the federation (OAGF), spoke on the revenue distribution in a FAAC communiqué, according to NAN.

FAAC said the total revenue of N1.678 trillion comprised a statutory revenue of N827.63 billion and value-added tax (VAT) income of N609.43 billion, electronic money transfer levy (EMTL) revenue of N35.17 billion, solid minerals revenue of N28.21 billion and augmentation of N178 billion.

The committee also said a total gross revenue of N2.34 trillion was available in February.

Total deduction for cost of collection was N89.092 billion while total transfers, interventions, refunds, and savings was N577.097 billion, the communique reads.

GROSS STATUTORY REVENUE DROPPED IN FEBRUARY

The communiqué further said a gross statutory revenue of N1.65 trillion was received in February. This, it said, was lower than the sum of N1.84 trillion recorded in January by N194.66 billion.

FAAC said a gross revenue of N654.45 billion was available from VAT in February, lower than the N771.88 billion available in January by N117.43 billion.

According to the committee, from the total distributable revenue of N1.67 trillion, the federal government received N569.65 billion, N562.19 billion went to states, while the local governments got N410.55 billion.

A total sum of N136.04 billion (13 percent of mineral revenue) was shared with the benefiting states as derivation revenue.

Of the N827.63 billion statutory revenue, the federal government received N366.26 billion and the state governments received N185.77 billion, FAAC said.

The local governments received N143.22 billion and the sum of N132.37 billion (13 percent of mineral revenue) was shared to the benefiting states as derivation revenue.

The committee also said from the N609.43 billion VAT revenue, the federal government got N91.41 billion, state governments had N304.71 billion and the local governments received N213.3 billion.

A total sum of N5.27 billion was received by the federal government from the N35.17 billion EMTL. The state governments received N17.58 billion and the LGCs received N12.31 billion, FAAC said.

From the N28.21 billion solid minerals revenue, the federal government received N12.93 billion and the state governments received N6.56 billion.

The local governments received N5.05 billion and a total sum of N3.66 billion (13 percent of mineral revenue) was shared to the benefiting States as derivation revenue.

FAAC also said oil and gas royalty and EMTL increased significantly while VAT, petroleum profit tax (PPT), companies income tax, excise duty, import duty, and CET levies recorded a decrease.

BIG STORY

Nnamdi Kanu Medically Fit To Stand Trial — NMA Tells Court

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The Nigerian Medical Association (NMA) says Nnamdi Kanu’s health condition does not appear life-threatening.

In a ruling on September 26, Justice James Omotosho, presiding judge, had issued an order directing the president of the NMA to constitute an investigative panel to ascertain the defendant’s health status.

Omotosho gave the directive while ruling on an application seeking to move Kanu, leader of the proscribed Indigenous People of Biafra (IPOB), from the Department of State Services (DSS) custody to the National Hospital in the Federal Capital Territory (FCT) for treatment.

The IPOB leader had claimed that his health had deteriorated in detention, citing medical reports that revealed liver and pancreatic complications, a lump under his armpit, and dangerously low potassium levels.

However, the prosecution opposed the application, insisting that the federal government had provided Kanu with adequate medical care in detention.

At the court session on Thursday, prosecution counsel Adegboyega Awomolo said the report had been received and filed in court on October 13, and it had also been served on the defence.

Kanu Agabi, counsel to the defendant, confirmed that they had been duly served.

In the report read in open court, the NMA panel concluded that Kanu is fit to stand trial.

Based on the information contained in the report and in the absence of any objection from both parties, Justice Omotosho ruled that the court was satisfied the defendant could proceed with the trial.

The judge said he would give six consecutive dates for the defendant to open and close his defence.

Agabi, however, urged the court to fix a date for the defendant to be brought before it so that the defence team could interview him, expressing concern that the DSS might eavesdrop if the meeting were held at its facility.

Omotosho granted the request, stating that he would set aside a day for the defendant and his lawyers to confer privately in court.

He then fixed Wednesday, October 22, between 9 a.m. and 1 p.m., for the meeting.

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BIG STORY

Defections: Three More PDP Governors Will Soon Resign — Fayose

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Former Governor of Ekiti State, Ayodele Fayose, has claimed that three more governors elected on the platform of the Peoples Democratic Party (PDP) will soon dump the opposition party.

Fayose made the claim on Wednesday while speaking on Politics Today, a Channels Television programme, following the recent resignation of Bayelsa State Governor Douye Diri from the PDP.

According to him, the opposition party may soon be left with only five governors as internal crises continue to plague its ranks.

“Let me tell you, there are three more governors that will leave soon. There will be five remaining. The five remaining, one of them will struggle to catch the ticket, and they all know that the ticket is an ordinary tissue paper,” Fayose said.

He accused some PDP governors of contributing to the party’s decline due to their desire to control its structure.

“They are largely killing the party because they want to control it. This is what happened in 2023,” he added.

Fayose dismissed claims that President Bola Tinubu has been coercing opposition governors to defect to the ruling All Progressives Congress (APC). He argued that most of the defecting governors are acting out of self-interest and political calculation.

“President Tinubu should not be blamed for PDP’s problems. The PDP is sick and remains perpetually sick without a cure in view,” he stated.

The former governor maintained that the crisis within the PDP is the result of internal sabotage by some of its leaders.

“Those who killed the party know themselves. There is a difference between a former governor and a sitting governor,” Fayose said.

Although still a card-carrying member of the PDP, Fayose said he bears no responsibility for resolving the crisis, insisting that the current leaders must own up to their role in the party’s troubles.

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BIG STORY

Court Faults Kaduna Police Ban On Political Gatherings, Awards ₦15m To ADC, SDP

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A Kaduna State High Court has declared unconstitutional the ban on political gatherings imposed by the state commissioner of police, describing it as a violation of citizens’ rights to freedom of assembly and association.

Delivering judgment on Wednesday, Justice Murtala Zubairu ruled that the police acted outside their powers by disrupting an African Democratic Congress (ADC) meeting held on August 30, 2025, which was attended by former Kaduna governor Nasir el-Rufai and other party leaders.

Thugs had invaded the meeting, attacking participants and damaging property, after which the police claimed the event was organised without prior notice to security agencies.

The police subsequently filed a case against the ADC and the Social Democratic Party (SDP), citing “inciting disturbance” and other offences — a move the court described as an abuse of process.

Justice Zubairu faulted the police’s actions, saying they amounted to “selective enforcement and abuse of power.”

> “The applicant’s actions demonstrate a clear pattern of potential abuse of power, warranting perpetual restraint by the Court,” the judge held.

 

He further declared the police’s blanket attempt to prohibit all political assemblies in the state as unconstitutional, awarding a total of ₦15 million in damages to the ADC and SDP.

The compensation covers:

  • The unlawful suspension of the September 4, 2025 meeting,
  • The wrongful portrayal of the parties as violent,
  • The improper ex parte injunction obtained by the police, and
  • The failure to investigate the August 30 violence.

The court also granted a perpetual injunction restraining the commissioner of police, his officers, and agents from interfering with lawful political activities without due process.

Additionally, Justice Zubairu ordered the police to investigate the August 30 attacks and submit a report to the Kaduna attorney-general within 60 days.

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