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...
Edoshoe Manufacturing Company Launches shoe4kids for the distribution of Free School Shoes, Bags, Launch Boxes to Public and private schools in Nigeria and Free Skills Development Program.
Click here to follow all our Social Media Edoshoe Manufacturing Company proudly presents the Shoe4Kids Initiative, a heartfelt project dedicated to supporting low-income families by providing essential school supplies and empowering communities through leather skills training. Under this initiative, we distribute school shoes, school bags, lunch boxes, and offer free leather skills training to children and families in need. Our Mission : Shoe4Kids aims to make quality Edoshoe products accessible to low-income earners at no cost, ensuring every child has the necessary tools to succeed in school while giving parents and guardians the opportunity to learn valuable skills. By combining practical assistance with skills development, we are fostering a brighter future for both children and adults alike. How We Sustain the Initiative: The Shoe4Kids Initiative is sustained through a combination of generous sponsorships and Edoshoe's self-funding. With the help of our sponsors, we hav...