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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...

HYBRIDTECK PUBLICATION — FULLY FUNDED ISLAMIC DEVELOPMENT BANK (IsDB) SCHOLARSHIP 2026-27 | BACHELOR, MASTER, PhD & POSTDOC | OPEN TO MULTIPLE NATIONALITIES

📣 HYBRIDTECK PUBLICATION — FULLY FUNDED ISLAMIC DEVELOPMENT BANK (IsDB) SCHOLARSHIP 2026-27 | BACHELOR, MASTER, PhD & POSTDOC | OPEN TO MULTIPLE NATIONALITIES

Hybridteck Global Business Consult is excited to share a life-changing academic opportunity for aspiring scholars worldwide! The Islamic Development Bank (IsDB) Scholarship Program for the 2026-27 academic year is now open for applications. This fully funded scholarship supports students at various levels of higher education — from Bachelor’s and Technical Diplomas (TVET) to Master’s, PhD, and Post-Doctoral research — and is available to eligible candidates from IsDB member countries and Muslim communities in non-member countries. (Opportunities for Youth)

🎓 About the IsDB Scholarship 2026-27

The IsDB Scholarship is a prestigious initiative aimed at promoting human capital development, scientific research, and social progress. By investing in education, IsDB fosters sustainable development and empowers students to contribute meaningfully to their communities and beyond. (Opportunities for Youth)

📚 Levels of Study Covered

The 2026-27 scholarship programmes include:
Bachelor’s Degree programmes
Technical & Vocational Education and Training (TVET) diplomas
Master’s (M.Sc.) degrees
Doctoral (PhD) degrees
Post-Doctoral Research opportunities

These tracks provide expansive coverage for students with diverse academic aspirations across disciplines and regions. (Opportunities for Youth)

🌍 Who Can Apply?

The IsDB Scholarship is available to:
🔹 Citizens of IsDB Member Countries
🔹 Qualified applicants from eligible Muslim communities in non-member countries under specific tracks (such as the Scholarship Programme for Muslim Communities). (Opportunities for Youth)

Each track has detailed eligibility criteria, including academic requirements, age limits, and community status as outlined in the official scholarship booklets. It’s important to consult the IsDB Scholarship Programme Guides for specifics related to each pathway. (ISDB)

💼 Scholarship Benefits

Being fully funded, the IsDB Scholarship typically covers:
Full tuition fees at recognised institutions
Monthly living stipends to support daily expenses
Medical insurance/coverage
Books and educational materials allowance
Travel and installation support (in applicable cases, especially for approved international placements)

Note: Coverage may vary slightly depending on the programme track and host country requirements. (Opportunities for Youth)

📝 How to Apply

  1. Visit the official IsDB Scholarship portal and create an applicant account.

  2. Choose your desired programme track (Bachelor/TVET, Master’s, PhD, or Postdoc).

  3. Prepare all required documentation (academic transcripts, proof of eligibility, language proficiency where required).

  4. Submit your completed application via the IsDB scholarship system before the deadline. (Opportunities for Youth)

🔗 Important: The **application deadline for the 2026-27 scholarship cycle is typically on or around 31 January 2026 — make sure to verify the exact date on the official portal. (Opportunities for Youth)

📌 Key Notes

✔ There is no application fee at any stage of the process — IsDB does not charge fees for scholarship applications. (Opportunities for Youth)
✔ Applicants should ensure that they meet all track-specific criteria and submit documents early to avoid last-minute issues. (Opportunities for Youth)

🎯 Why This Matters

The IsDB Scholarship offers a powerful platform for learners and researchers from diverse backgrounds to access world-class education, expand their academic horizons, and contribute to economic and social development globally. Whether you are beginning your academic journey or advancing towards high-level research, this scholarship opens doors to unparalleled opportunities.

📣 Don’t miss this opportunity to pursue excellence with the support of a globally recognised scholarship. Apply now and take the next step in your educational journey!

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