The state governments received N383.749 billion, while local government councils received N295.855 billion from the distributable revenue.
Additionally, N236.049 billion was shared among benefiting states as 13 per cent derivation revenue from mineral resources.
From the N756.587 billion distributable Value Added Tax, VAT, revenue, the Federal Government received N75.659 billion, state governments got N416.123 billion, while local government councils received N264.805 billion.
In September 2026, Petroleum Profit Tax, PPT, Hydrocarbon Tax, HT, petroleum royalties, import duty, Common External Tariff levies and excise duty recorded significant increases.
However, Companies Income Tax, CIT, Capital Gains Tax, CGT, Stamp Duties Tax, SDT, Value Added Tax, VAT, mineral royalties, gas flaring penalties, rental gas flaring fees and miscellaneous oil revenue recorded considerable declines.
