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...
PRESS RELEASE
Youth Unemployment: House of Reps Moves to Establish Vocational Training Centres in All 774 LGAs
Abuja, Nigeria – June 2025
In a bold legislative push to combat the alarming rate of youth unemployment across Nigeria, the House of Representatives has initiated a strategic motion to establish Vocational Skills Development Centres in each of the country’s 774 Local Government Areas (LGAs).
The motion, which received overwhelming bipartisan support during plenary, was sponsored by Hon. member, who stressed that Nigeria's current unemployment and underemployment statistics pose a serious threat to national stability and development. He emphasized the urgent need for a skills-based intervention that can empower young people and create sustainable livelihoods.
“There is a widening gap between academic qualifications and the practical skills needed in today’s economy,” said Hon. [Name]. “By establishing vocational centres in every LGA, we will decentralize access to skills training, promote local enterprise, and reduce youth dependency on white-collar jobs.”
Scope and Objectives of the Initiative
The proposed vocational centres will be equipped to provide hands-on training in high-demand skills, including:
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Carpentry and Furniture Making
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Tailoring and Fashion Design
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Electrical Installation and Solar Technology
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Plumbing and Tiling
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Auto Mechanics and Mechatronics
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ICT, Coding, and Digital Marketing
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Agro-processing and Agribusiness
Each centre will be operated in collaboration with state and local governments, community leaders, and relevant federal agencies such as the Industrial Training Fund (ITF) and National Directorate of Employment (NDE).
Implementation Framework
According to the motion, the federal government will fund the construction and startup of the centres, while local governments will provide land and facilitate community ownership. Strategic partnerships with private sector players and development organizations will ensure sustainability, modern curricula, and real-time job placement support for graduates.
Youth at the Centre
With over 60% of Nigeria’s population under the age of 30, the initiative is seen as a timely response to growing concerns over youth restiveness, cybercrime, and irregular migration. Legislators believe that if well executed, the centres can provide millions of young Nigerians with the tools to become self-reliant and productive members of society.
The Speaker of the House, praised the initiative as a legacy intervention, stating:
“This House remains committed to youth empowerment. We must retool our young people with the practical skills they need to survive, compete, and innovate in this century.”
Next Steps
The House Committee on Labour, Youth Development, and Appropriations has been mandated to collaborate with relevant MDAs to develop an actionable roadmap, including a timeline for the rollout of pilot centres in selected LGAs.
The move has received widespread praise from civil society groups, youth organizations, and development partners who see vocational training as a critical engine for inclusive economic growth and national development.
Media Contact:
Office of the Clerk,
House of Representatives
National Assembly Complex, Abuja
Email: info@nass.gov.ng
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