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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...

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Breaking News: Hybridteck Launches "Small Steps to Ownership" – A Revolutionary Land and Housing Scheme for the Informal Sector

Benin City, Nigeria – January 2025

Hybridteck Global Business Consult has officially unveiled its groundbreaking project, "Small Steps to Ownership," designed to empower artisans, traders, and other informal sector workers with an affordable pathway to land and housing ownership.

This innovative initiative provides flexible, low-cost payment plans tailored to meet the financial realities of everyday Nigerians, enabling them to save small amounts daily, weekly, or monthly toward acquiring their own land or home.





A Solution to Nigeria's Housing Deficit

Nigeria faces a housing shortfall of over 20 million units, with many workers in the informal sector excluded from traditional mortgage systems due to irregular income. Hybridteck’s "Small Steps to Ownership" is set to bridge this gap, offering a sustainable, transparent, and accessible model for property acquisition.

“Everyone deserves a place to call home,” said Osemwengie Victor Odion, CEO of Hybridteck Global. “With this program, we’re turning dreams into reality for thousands of Nigerians who thought homeownership was out of reach.”


How It Works

Participants can save as little as ₦2,000 per day using a secure mobile app or USSD platform. Contributions accumulate over time, allowing participants to:

  • Secure verified plots of land.
  • Access affordable housing units built in collaboration with trusted developers.
  • Benefit from financial literacy training to manage their investment effectively.

Key Features

  • No Collateral Required: Open to all, regardless of financial history.
  • Transparency Assured: Track contributions and progress in real-time.
  • Community Development: Includes green spaces, planned layouts, and basic infrastructure.

Impact Goals

The project aims to:

  1. Provide 8,000 plots of land and 1,500 housing units within five years.
  2. Boost financial literacy and savings culture among informal sector workers.
  3. Reduce urban slums by promoting planned community developments.


Call for Partnerships

Hybridteck invites real estate developers, financial institutions, and government agencies to join in scaling this transformative initiative. Sponsors and partners will benefit from increased visibility, business growth, and the satisfaction of contributing to national development.


Registration is Open!
To sign up or learn more:
📞 Call/WhatsApp: +2348077552165
🌐 Visit: https://hybridteck.blogspot.com
📧 Email: Hybridteckedu@gmail.com


For site inspection  make a non Refundable fee of ₦10,000 to visit all Estate Locations





Transform your future today – one small step at a time!




HYBRIDTECK GLOBAL BUSINESS CONSULT

ESTATE HOME SOLUTIONS CLIENT POLICY


1. Introduction

Hybridteck Global Business Consult is committed to providing professional and transparent estate home solutions to clients. This policy outlines the terms of engagement, responsibilities, and ethical guidelines governing our interactions with clients.  

2. Scope of Policy

This policy applies to all clients, real estate agents, employees, and partners involved in estate home solutions services provided by Hybridteck Global Business Consult.  

3. Client Engagement and Responsibilities

- Clients must provide accurate and complete information regarding their property needs, financial capabilities, and preferences.  

- Clients are required to disclose any existing legal disputes or encumbrances related to properties they own or intend to purchase.  

- Clients must adhere to agreed payment terms, service agreements, and transaction schedules.  

4. Property Listing and Transactions

- All property listings must undergo due diligence and verification to ensure legal ownership and compliance with local regulations.  

- Hybridteck shall not be liable for misrepresentation by third-party property sellers.  

- Transactions will only be completed after legal documentation, verification, and client consent.  


5. Confidentiality and Data Protection

- Client information will be handled with the highest level of confidentiality and used strictly for the purpose of providing estate solutions.  

- Hybridteck will not disclose or share client data with third parties without written consent, except as required by law.  

6. Fees and Payment Terms 

- All service charges, commission fees, and other payments must be agreed upon in writing before engagement.  

- Payments must be made through the approved Hybridteck payment channels.  

- Late payments may attract penalties as outlined in the service agreement.  


7. Dispute Resolution

- Any disputes arising from real estate transactions will be handled through negotiation, mediation, or legal arbitration as necessary.  

- Hybridteck will not be responsible for disputes between clients and third-party service providers unless directly involved in the agreement.  


8. Ethical Standards and Compliance

- Hybridteck operates under strict ethical and legal real estate practices.  

- Employees and agents are prohibited from engaging in fraudulent activities, bribery, or conflicts of interest.  

- Clients are encouraged to report unethical practices to the company management for appropriate action.  


9. Termination of Services 

- Hybridteck reserves the right to terminate services if a client engages in illegal activities, provides false information, or violates contractual agreements.  

- Clients may terminate services if Hybridteck fails to meet agreed service expectations, subject to contract terms.  


10. Policy Amendments 

- Hybridteck Global Business Consult reserves the right to update this policy to reflect changes in regulations, business operations, or industry standards.  

- Clients will be notified of any policy updates through official communication channels.  


By engaging with Hybridteck Global Business Consult for estate home solutions, clients agree to abide by this policy.  


Signed:

Management, Hybridteck Global Business Consult

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