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...
Hybridteck Global Start Up is an initiative design to boast entrepreneurship in Nigeria and create media promotion, marketing and brand awareness across all
selected sectors each year.
Winner of this awards are given N1,000,000 (One Million Naira Only) including other packages.
Registration and Auditions into various Awards start 12th August to 30th September 2021. Main event starts October 1st 2021.
Please kindly note that free hotel accommodation for 30days are available for any one coming out Edo state. Note feeding not included.
We would appreciate if you share the link to more entrepreneurs, thanks for your understanding.
Best Regards
Sir. Osemwengie Victor Odion
MD/CEO, Hybridteck Global Business Consult.
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