FAAC: Three Tiers of Government Share ₦2.550 Trillion as June 2026 Revenue; States and LGAs Receive Over ₦1.36 Trillion The Federation Account Allocation Committee (FAAC) has distributed a total of ₦2.551 trillion as Federation Account revenue for June 2026 to the Federal Government, the 36 state governments, and the 774 Local Government Councils across Nigeria. The allocation was approved during the FAAC meeting held in July 2026 in Abuja and chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy. The meeting was attended by the Accountant-General of the Federation, State Commissioners of Finance, and other members of the committee. ( FMINFO ) Breakdown of the Revenue Distribution The total distributable revenue of ₦2.551 trillion comprised: ₦1.810 trillion from Statutory Revenue. ₦740.724 billion from Value Added Tax (VAT). ( FMINFO ) Statutory Revenue Allocation From the statutory revenue: Federal Government: ₦849.366 billion State Govern...
_Dear Mr. Godwin Obaseki_ I hope this message finds a way to reach you, firstly I congratulate you on your inauguration to serve Edo people for a second term, It was indeed a tedious campaign, but all the same, Politics has come and it should also be let gone for the interest of all Edo people, I believe as a servant of the people, you will not sit down to allow the people who you serve to be oppressed and made to live under fear, it is as a a result of this, I write to you as the CSO of the state by virtue of been Governor I won’t bore you with introducing myself considering the pressing issue which is far more important than introduction especially as it concerned the security and well being of Edo people Your excellency sir, I’ve found keen interest and important reason to address to you this open message, it has become very necessary to do this as Edo state which you govern is no longer conducive for people living in the state, myself inclusive. There’s a pop...