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FAAC: Federal Govt, States, Local Govts Councils share N2.094trn. revenue for October

The Federation Account Allocation Committee (FAAC), has shared a total sum of N2.094 trillion revenue for the month of October among the Federal Government, states and the Local Government Councils (LGCs).

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The revenue was shared at the November Federation Account Allocation Committee (FAAC) meeting on Wednesday in Abuja.

This is according to a communiqué issued at the end of the meeting, which was made available to newsmen by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF)

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The communiqué said that the N2.094 trillion total distributable revenue comprised distributable statutory revenue of N1.376 trillion, Value Added Tax (VAT) revenue of N670.303 billion, and Electronic Money Transfer Levy (EMTL) revenue of N47.870 billion.

The communiqué said that total gross revenue of N2.934 trillion was available in October.

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It said that total deduction for cost of collection was N115.278 billion, while total transfers, interventions, refunds and savings was N724.603 billion.

“Gross statutory revenue of N2.164 trillion was received for the month of October. This was higher than the sum of N2.128 trillion received in September 2025 by N36.832 billion.

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“Gross revenue of N719.827 billion was available from the VAT. This is lower than the N872.630 billion available in September by N152.803 billion,” it said.

The communiqué said that from the N2.094 trillion total distributable revenue, the Federal Government received a total sum of N758.405 billion and the state governments received N689.120 billion.

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It said that the LGCs received N505.803 billion, while the sum of N141.359 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

“On the N1.376 trillion distributable statutory revenue, the Federal Government received N650.680 billion and the state governments received N330.033 billion.

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“The LGCs received N254.442 billion and the sum of N141.359 billion (13 per cent of mineral revenue) was shared to the benefiting States as derivation revenue,” it said.

It said that from the N670.303 billion VAT revenue, the Federal Government received N100.545 billion, the state governments received N335.152 billion and the LGCs received N234.606 billion.

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It said that a total sum of N7.180 billion was received by the Federal Government from the N47.870 billion EMTL, the state governments received N23.935 billion and the LGCs received N16.755 billion. (NAN)

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BREAKING ; Atiku’s Son dumps PDP defects to APC, vows to work for President Tinubu’s reelection

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BREAKING ; Atiku’s Son dumps PDP defects to APC, vows to work for President Tinubu’s reelection

The Son of Abubakar Atiku Abubakar, former Vice President and 2023 Peoples Democratic Party (PDP) presidential candidate, Alhaji Atiku Abubakar, dumped the PDP and pledged to work for President Bola Ahmed Tinubu’s re-election in 2027.

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Abubakar, popularly known as Abba, formally announced his defection to the APC at the National Assembly, where he was received by the Deputy President of the Senate, Senator Barau Jibrin, with APC leaders from the North-East.

Party leaders described the move as a significant boost to the APC’s consolidation efforts ahead of the next general election, given Abba’s political network and grassroots organisation.

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Announcing his resignation from the PDP, Abba said the decision was informed by his conviction in the leadership style of Senator Barau and the policies of the Tinubu administration.

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Eight persons killed, others injured in another fatal road accident

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Eight persons killed, others injured in another fatal road accident

Eight persons died while three others were injured in a road traffic crash along the Potiskum–Dogon Kuka carriageway in Yobe.

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The Yobe Sector Commander of the Federal Road Safety Corps (FRSC), Mr Andrew Longkam, confirmed the incident on Thursday.

He said the crash occurred around Gaggaba on the Potiskum–Dogon Kuka axis at about 12:40 hours.

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“Preliminary reports from Dogon Kuka Unit Command show the incident was promptly reported to the corps,” Longkam said.

FRSC operatives arrived within five minutes, enabling swift rescue, evacuation of victims, traffic control, road clearance and prevention of secondary crashes.

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The crash involved a white Howo trailer, registration DAL 963YY, and a white Mitsubishi Canter, registration NNR 437XA.

“Twelve adult males were involved, with eight fatalities and four rescued, including three injured and one unhurt,” he said.

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The injured and deceased were taken to Government General Hospital, Dogon Kuka, where the injured received prompt medical attention.

Longkam said the FRSC tow truck cleared the obstruction, restored traffic flow and notified the Police Motor Traffic Division in Dogon Kuka.

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“Preliminary findings indicate the Mitsubishi Canter, suspected to excessive speeding, committed a route violation and crashed into the trailer,” he said.

He said excessive speed and route violation were suspected causes, adding that investigations were ongoing to determine the exact circumstances.

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The sector commander urged motorists to avoid speeding, route violations and unsafe practices, assuring continued enforcement, emergency response and public education across the state. (NAN)

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Atiku finally breaks silence after his Son defects to APC

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Atiku finally breaks silence after his Son defects to APC

Former Vice President and Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, has addressed his son Abba Abubakar’s decision to join the All Progressives Congress (APC), describing it as a personal choice.

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In a statement posted on his X handle, Atiku said, “The decision of my son, Abba Abubakar, to join the APC is entirely personal. In a democracy, such choices are neither unusual nor alarming, even when family and politics intersect.”

He added, “As a democrat, I do not coerce my own children in matters of conscience, and I certainly will not coerce Nigerians.”

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The former vice president also highlighted his concerns about the ruling party, saying, “What truly concerns me is the poor governance of the APC and the severe economic and social hardships it has imposed on our people.”

“ I remain resolute in working with like-minded patriots to restore good governance and offer Nigerians a credible alternative that brings relief, hope, and progress.”

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