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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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Senator Monday Okpebholo Edo state Government and the Freezing of Edo State Government Accounts – Analyzing the Implications

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Senator Monday Okpebholo  Edo state Government and the Freezing of Edo State Government Accounts – Analyzing the Implications In recent weeks, Edo State has been at the center of a significant financial and political debate due to the freezing of the state government’s accounts. This unprecedented development has drawn both local and national attention, particularly focusing on the actions and stance of Senator Monday, one of Edo State’s prominent political figures. As citizens and observers analyze the broader consequences, it’s essential to understand the motivations, implications, and potential outcomes of this measure on the state’s governance, economy, and public services. Background of the Account Freezing The freezing of Edo State’s government accounts is the result of legal proceedings surrounding alleged financial irregularities, budgetary misallocations, or other potentially contentious financial management decisions. Freezing a government’s accounts is a rare...
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THE EXPERIENCE THAT YOU CAN TRUST

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THE EXPERIENCE THAT YOU CAN TRUST Hon. Oscar Aghedo is the leader you can rely on to represent your interests in the House of Representatives. With a proven track record of integrity, empathy, and strategic leadership, Oscar is committed to empowering our community and driving progress. Hon. Oscar's vision for our constituency is built on three core pillars: -  Economic Empowerment : Creating jobs, stimulating local businesses, and attracting investments to boost our economy. - Quality Education : Improving access to quality education, vocational training, and skills development programs. - Healthcare Reform : Strengthening our healthcare system, increasing access to quality healthcare services, and promoting wellness initiatives. Hon. Aghedo's achievements in public service demonstrate his ability to deliver results. Why Choose Hon. Oscar Aghedo ? - Integrity : A leader of impeccable character, committed to transparency and accountability. - Empathy : A listener wh...
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Obaseki: We've improved lives of Edo people, restored hope of our youths in 8 years

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Obaseki: We've improved lives of Edo people, restored hope of our youths in 8 years  _ …commissions Edo College of Agric, says institution'll produce best, largest agric extension workers in Nigeria_  The Edo State Governor, Mr. Godwin Obaseki, has said his government in the last eight years focused on improving the lives of Edo people, creating opportunities and restoring the hope of the youths of the State. Obaseki said this at the commissioning of the Edo State College of Agriculture and Natural Resources, Iguoriakhi, in Ovia South-West Local Government Area of the State. He was joined by former governor of Edo State, Chief Lucky Igbinedion; candidate of the Peoples Democratic Party (PDP) for 2024 governorship election, Dr. Asue Ighodalo; the Deputy Governor of Edo State, Marvelous Godwins Omobayo; Chief of Staff, Osaigbovo Iyoha; Head of service (HOS), Anthony Okungbowa, among others. According to the governor, “In the last 8 years, we have focused on our people, particula...
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