News
BREAKING: FG, state, local governments share N2.001trn July revenue

The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).
The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.
The distributable revenue included:
- N1.282 trillion in statutory revenue
- N640.610 billion from Value Added Tax (VAT)
- N37.601 billion from Electronic Money Transfer Levy (EMTL)
- N39.745 billion from exchange rate difference
Out of the total distributed funds:
- The Federal Government received N735.081 billion
- State Governments received N660.349 billion
- Local Government Councils received N485.039 billion
- N120.359 billion was shared to oil-producing states as 13% derivation revenue
Revenue Breakdown:
Statutory Revenue (N1.282 trillion):
- FG: N613.805 billion
- States: N311.330 billion
- LGs: N240.023 billion
- 13% Derivation: N117.714 billion
VAT (N640.610 billion):
- FG: N96.092 billion
- States: N320.305 billion
- LGs: N224.214 billion
EMTL (N37.601 billion):
- FG: N5.640 billion
- States: N18.801 billion
- LGs: N13.160 billion
Exchange Gains (N39.745 billion):
- FG: N19.544 billion
- States: N9.913 billion
- LGs: N7.643 billion
- 13% Derivation: N2.643 billion
The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.
FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.
The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.
News
Air Peace Differs with NSIB reports on crews involvement in drugs, alcohol
Air Peace conducts frequent alcohol and drug tests on our crew. We have a very strict alcohol use policy that is stricter than the 8 hours before the flight as provided in the regulations. Drug use is a NO-NO!

Air Peace has responded to the Nigerian Safety Investigation Bureau (NSIB) regarding the incident involving one of its aircraft at Port Harcourt on July 13, 2025.
The airline said to date, no official communication was received on crew toxicology results by NSI, B, and the Nigeria Civil Aviation Authority (NCAA) had cleared the co-pilot on duty.
In a statement by Air Peace, it stated that it is yet to receive any official communications from the NSIB on such findings over a month after the incident and after the testing of the crew for alcohol, which took place in less than an hour of the incident!
“As a responsible airline, we place utmost priority on safety, transparency, and compliance, and it is important to set the record straight.
“Air Peace conducts frequent alcohol and drug tests on our crew. We have a very strict alcohol use policy that is stricter than the 8 hours before the flight as provided in the regulations. Drug use is a NO-NO!
The NSIB had on Thursday released the preliminary report on its ongoing investigation into the serious incident involving a Boeing 737-524 aircraft, operated by Air Peace, saying initial toxicological tests conducted on the flight crew revealed positive results for certain substances, including indicators of alcohol consumption.
The report said that a cabin crew member also tested positive for Tetrahydrocannabinol (THC), the psychoactive component in cannabis.
“These results are being reviewed under the human performance and safety management components of the investigation.”, a statement on the report signed by Bimbo Olawumi Oladeji, Director, Public Affairs and Family Assistance, NSIB, said.
News
Hilda Baci Cooking World’s Largest Pot of Jollof Rice Today at Eko Hotel
Baci also disclosed she would be using 250 bags of rice to create what she hopes will become the world’s biggest pot of Nigerian jollof rice.

Celebrity chef and Guinness World Record holder Hilda Baci is cooking what she describes as the world’s largest pot of Nigerian jollof rice at Eko Hotel and Suites today (Friday) in Lagos.
A video shared on her Instagram page on Thursday showed the moment the massive pot arrived at the venue of the record-breaking attempt in Lagos.
Another clip shared on her Snapchat story captured Hilda and her mother praying at the venue ahead of the event.
Baci announced on Wednesday that more than 20,000 people had registered to attend the event dubbed “Gino World Jollof Festival with Hilda Baci”
She emphasised that the event which kicks off at 9 a.m. on Friday, September 12, is free to attend, and that guests will “certainly not be paying for the amazing meal that I’m going to make for you.”
According to Baci, the historic attempt will feature a giant pot measuring six metres wide and six metres tall, in collaboration with seasoning and culinary brand Gino.
Baci also disclosed she would be using 250 bags of rice to create what she hopes will become the world’s biggest pot of Nigerian jollof rice
News
Air Peace Port Harcourt Airport Incident: NSIB report finds crew under alcohol and drug influence
A cabin crew member also tested positive for THC, the psychoactive component in cannabis.

The Nigerian Safety Investigation Bureau (NSIB) has released the preliminary report on its ongoing investigation into the serious incident involving a Boeing 737-524 aircraft, with nationality and registration marks 5N-BQQ, operated by Air Peace Limited.
The incident occurred on 13 July 2025 at Jeremiah Obafemi Awolowo International Airport, Omagwa, Port Harcourt, Rivers State.
The aircraft, operating as a scheduled domestic flight from Lagos to Port Harcourt with 103 persons on board, landed long on Runway 21 after an instability final approach.
The aircraft touched down 2,264 metres from the runway threshold and came to a final stop 209 metres into the clearway.
NSIB, in a statement signed by Mrs Bimbo Olawumi Oladeji Director, Public Affairs and Family Assistance, said that all passengers and crew disembarked safely, and no injuries were reported.
Initial toxicological tests conducted on the flight crew revealed positive results for certain substances, including indicators of alcohol consumption.
A cabin crew member also tested positive for THC, the psychoactive component in cannabis.
These results are being reviewed under the human performance and safety management components of the investigation.
The NSIB has issued immediate safety recommendations for Air Peace Limited to strengthen crew resource management (CRM) training, particularly in handling instability approaches and go-around decisions, and to reinforce internal procedures for crew fitness-for-duty monitoring before flight dispatch.
The full preliminary report, including detailed findings, is available for download on the NSIB website.
The report represents early findings and is subject to further analysis.
The final report will present detailed conclusions and additional recommendations to enhance aviation safety in Nigeria.
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