The Federal, State and Local government were revealed to have shared N1.25 trillion from the Federation Account for August and September.

The Minister of State for Finance, Dr. Yerima Ngama disclosed this to newsmen on Friday at the end of the Federation Accounts Allocation Committee (FAAC) meeting for September.

According to the breakdown of the amount, the Federal Government received N236.15 billion, State Government N119.78 billion while local government got N92.34 billion for September.

For August, the Federal Government received N248.27 billion, state governments N125.92 billion and local governments N97.08 billion.

The Minister also disclosed that the country received N431.07 billion revenue from mineral resources in September, compared with N424.61 billion in the previous month, representing an increase of N6.4 billion, while non-mineral revenue in September amounted to N94.53 billion compared with N123.78 billion in August, representing a decline of N29.2 billion.

A breakdown of the distributable figures provided by the minister showed that the statutory allocation distributed to the three tiers of government in September was N507.22 billion, compared with N530.12 billion in August.

On the distribution of revenue from the Value Added Tax (VAT), Ngama said the total revenue for September was N63.9 billion, compared with N69 billion in August.

He also said total revenue shared by the three tiers of government for the months also included refunds by the Nigeria National Petroleum Corporation (NNPC) and savings from partial subsidy removal.