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...
United States Announces New Visa Restriction Policy: Aimed at Defending Democratic Values and Upholding Human Rights
FULL PUBLICATION United States Announces New Visa Restriction Policy: Aimed at Defending Democratic Values and Upholding Human Rights Washington D.C., USA – June 2025 In a bold move reflecting its commitment to global democratic principles and human rights, the United States Government has announced a new visa restriction policy , targeting individuals who undermine democratic processes, fuel political instability, or are complicit in human rights abuses across various regions, including Africa, Asia, and Latin America. The policy, unveiled by U.S. Secretary of State Antony Blinken , marks a significant shift in the country’s immigration and foreign diplomacy strategy, reinforcing its stance against corruption, election interference, and repression in fragile democracies. “The United States will not stand by while democratic institutions are attacked or dismantled. Today, we are announcing a new visa restriction policy to hold accountable those who are responsible for erodi...