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FAAC: Three Tiers of Government Share ₦2.550 Trillion as June 2026 Revenue; States and LGAs Receive Over ₦1.36 Trillion

  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...

National Skills Development Initiative Launched to Tackle Unemployment in Nigeria

Click here to Register

In a groundbreaking move to combat unemployment and foster job creation, the National Skills Development Initiative has been officially launched. This comprehensive program aims to equip the nation's youth with essential technical skills across a wide range of disciplines, offering a promising pathway to economic empowerment and self-sufficiency.

The initiative encompasses training in various skill sets, including but not limited to:

- Information Technology

- Electrical Engineering

- Carpentry

- Plumbing

- Fashion Design

- Catering

- Welding

- Auto Mechanics

- Hairdressing

- Digital Marketing etc

This initiative is a strategic effort to bridge the gap between education and employment, ensuring that young Nigerians are well-prepared for the demands of the modern job market. With a focus on practical, hands-on training, participants will gain the expertise needed to thrive in their chosen fields.

Registration is currently open, and all unemployed youth are encouraged to seize this opportunity by enrolling at any of the accredited skills centers spread across Nigeria. This program is designed to be accessible, inclusive, and impactful, ensuring that no one is left behind in the quest for a brighter future.

For more details and to register online, visit HybridteckBlog.

 https://Hybridteck.blogspot.com.

 Additionally, stay updated by following our social media accounts, where you can find the latest news, information, and updates on this transformative initiative.

Together, let's build a skilled, empowered, and prosperous Nigeria. Don't miss out—register today and take the first step toward a successful career.

For sponsorship and collaboration to reduce  unemployment in Nigeria please contact us 08077552165 https://hybridteck.net

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