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Showing posts from May, 2025

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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

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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 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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STATEMENT ON THE COURT OF APPEAL JUDGMENT IN THE EDO GOVERNORSHIP ELECTION PETITION

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  STATEMENT ON THE COURT OF APPEAL JUDGMENT IN THE EDO GOVERNORSHIP ELECTION PETITION 29th May, 2025 My good people of Edo State, Today, the Court of Appeal delivered its judgment on our petition challenging the declared outcome of the September 21st, 2024 Governorship election in Edo State. As with the judgment of the Tribunal, we have received this decision with deep disappointment, but also with unwavering resolve to continue our pursuit of justice. While we acknowledge the Court’s pronouncement, we believe that this judgment, like that of the Tribunal before it, failed to address the grave concerns we raised regarding widespread acts of non compliance with, and clear violations of the Electoral Act. These decisions appear, worryingly, to validate a dangerous pattern of electoral impunity that strikes at the very heart of our democracy and continues to erode public confidence in our electoral process. Our struggle has never been about personal ambition. It has always been about ...
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🚀 Unlock Business Growth with the Hybridteck Skills Fund! | Access ₦1 Million – ₦5 Million in Business Grants 💼

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  🚀 Unlock Business Growth with the Hybridteck Skills Fund! | Access ₦1 Million – ₦5 Million in Business Grants 💼 Are you a skilled entrepreneur, business owner, or startup founder looking for real funding to start, grow, or scale your business? The Hybridteck Skills Fund is your gateway to accessing between ₦1,000,000 to ₦5,000,000 in business grants! Whether you're just starting out or looking to expand your operations, this is your opportunity to gain funding support without the stress of interest-based loans. 🌟 Who Can Apply? Entrepreneurs with startup ideas or existing businesses Skilled artisans, MSMEs, and creatives Youths and women in enterprise Social impact businesses and cooperatives 📚 What You’ll Gain: ✅  ₦1M – ₦5M in Business Grants  (non-repayable) ✅  Online Training on How to Access the Grant ✅  Mentorship from Industry Experts ✅  Exposure to Investors and Partners ✅  Business Promotion & Market Access 💻 How to Participate : Re...
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Appeal Court Affirms Monday Okpebholo's Election as Edo State

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  Appeal Court Affirms Monday Okpebholo's Election as Edo State Governor Abuja, Nigeria – May 29, 2025 The Court of Appeal sitting in Abuja has upheld the election of Senator Monday Okpebholo as the duly elected Governor of Edo State. The unanimous decision by the three-member panel, led by Justice Mohammed Danjuma, dismissed the appeal filed by the Peoples Democratic Party (PDP) and its candidate, Asue Ighodalo, challenging the outcome of the September 21, 2024, gubernatorial election.( The Whistler , Nairametrics ) In its judgment, the appellate court affirmed the earlier decision of the Edo State Governorship Election Petition Tribunal, which had validated Okpebholo's victory. The court held that the appellants failed to provide sufficient evidence to substantiate their claims of electoral irregularities, including allegations of over-voting and non-compliance with the Electoral Act. ( Premium Times , Nairametrics ) Justice Danjuma emphasized that the PDP and Ighodalo di...
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ANOTHER THUMBS UP FOR TINUBU: 2 YEARS IN OFFICE

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  ANOTHER THUMBS UP FOR TINUBU: 2 YEARS IN OFFICE In a significant move to mark his second year in office, President Bola Ahmed Tinubu has once again demonstrated his administration’s commitment to youth empowerment, skills development, and job creation. One of the latest policy announcements gaining widespread commendation is the introduction of a ₦45,000 monthly stipend for students attending technical colleges across Nigeria. This bold initiative is a grant—not a loan. That means beneficiaries are not expected to pay back . It is a deliberate and strategic effort to encourage more young Nigerians to pursue technical and vocational education , which remains a crucial pathway to employment, entrepreneurship, and economic self-reliance. President Tinubu stated that the goal is to attract more young people to technical colleges, equip them with hands-on skills, and empower them to start their own businesses or become gainfully employed both locally and internationally. This step...
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Raphowens Farms Limited Named Brand Ambassador of Africa Food Changemakers

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  CEO, Raphowens Farms Limited We are proud to announce that Raphowens Farms Limited, a leading agribusiness enterprise dedicated to sustainable food production and youth empowerment in agriculture, has been officially appointed as a Brand Ambassador of Africa Food Changemakers a continental initiative driving innovation, inclusion, and sustainability in Africa’s food systems. This remarkable recognition is a testament to the relentless efforts of Raphowens Farms in transforming agribusiness through innovation, education, and impact-driven initiatives. From crop production to livestock farming and agritech solutions, Raphowens Farms has continually championed food security, job creation, and value chain development in Nigeria and across Africa. As a Brand Ambassador, Raphowens Farms will play a strategic role in promoting the vision of Africa Food Changemakers, an organization focused on empowering African food entrepreneurs, supporting agri-SMEs, and enabling collaboration across ...
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COMPANY PROFILE & OFFICIAL PUBLICATION FOR NEWS REPORTS, ACHIEVEMENTS, AND STRATEGIC PLANS

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  COMPANY PROFILE & OFFICIAL PUBLICATION FOR NEWS REPORTS, ACHIEVEMENTS, AND STRATEGIC PLANS Company Name: Edoshoe Manufacturing Company Corporate Motto: Crafting Quality, Empowering Communities. About the Company: Edoshoe Manufacturing Company is a leading Nigerian leather products manufacturing and training enterprise, committed to delivering high-quality shoes, sandals, bags, belts, wallets, and school accessories. With a mission to empower artisans, create jobs, and provide affordable yet premium products, Edoshoe has become a household name known for innovation, quality craftsmanship, and social impact. Headquartered in Benin City, Nigeria, Edoshoe Manufacturing Company leverages local talent, raw materials, and innovative production processes to serve a growing domestic and export market. With more than 18 years of industry experience and a visionary leadership team, Edoshoe continues to champion sustainable business development and community transformation. Key Achieveme...
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Congratulatory Message to H.E. Philip Shaibu on His Appointment as Director General, Nigerian Institute of Sports

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 Congratulatory Message to H.E. Philip Shaibu on His Appointment as Director General, Nigerian Institute of Sports On behalf of myself and millions of Nigerians, I, Hon. Marvelous, extend heartfelt congratulations to His Excellency, Rt. Hon. Philip Shaibu, on his well-deserved appointment as the Director General of the Nigerian Institute of Sports. This appointment is a testament to his exceptional leadership, dedication, and remarkable contributions to the advancement of sports in Nigeria. As a renowned sports aficionado, H.E. Philip Shaibu’s passion and unwavering commitment to sports development are truly unparalleled. His visionary leadership and technical expertise were instrumental in the resounding success of the 20th National Sports Festival, tagged "Edo 2020," which remains a benchmark for excellence in sports administration in Nigeria. We are confident that his wealth of experience, foresight, and innovative approach will elevate the Nigerian Institute of Sports to ...
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Yaqs-Venture Foot Tech: Crafting Nigeria’s Future One Step at a Time

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  Yaqs-Venture Foot Tech: Crafting Nigeria’s Future One Step at a Time In a world driven by innovation and cultural pride,  Yaqs-Venture Foot Tech  stands out as a shining example of how tradition, skill, and purpose can come together to create lasting impact. Based in  Kaduna South Local Government Area of Kaduna State , Yaqs-Venture Foot Tech is an  indigenous footwear and leather goods manufacturer  committed to quality craftsmanship and youth empowerment. Registered with both the  Corporate Affairs Commission (CAC)  and the  Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) , this proudly Nigerian company is redefining the standards of leather goods production in the country. What We Do Yaqs-Venture Foot Tech specializes in the production of: Military boots Casual and corporate shoes Sandals Leather bags Belts Wallets Other leather accessories Beyond manufacturing, we are also passionate about skills development. Our...
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