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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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🎓 EDOSHOE MANUFACTURING COMPANY CELEBRATES THE SUCCESSFUL COMPLETION OF THE IDEAS TVET SKILLS DEVELOPMENT PROGRAMME

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🎓 🎓 EDOSHOE MANUFACTURING COMPANY CELEBRATES THE SUCCESSFUL COMPLETION OF THE IDEAS TVET SKILLS DEVELOPMENT PROGRAMME  We are proud to announce the successful completion of the IDEAS TVET Skills Development Programme , sponsored by the World Bank under the Nigeria Youth Employment Skills Acquisition Fund (NYESAF) . Over the past several months, Edoshoe Manufacturing Company had the privilege of training young Nigerians in Leather Works and Fashion Design , equipping them with practical, industry-relevant skills, entrepreneurial knowledge, and the confidence to build sustainable careers and businesses. The programme focused on competency-based learning, hands-on practical training, occupational health and safety, business management, and digital marketing, ensuring that every participant was prepared for today's competitive labour market. Our Achievements Successfully trained and graduated 170 participants . Delivered practical, competency-based training in Leather Works and Fas...
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FG, World Bank Direct States to Publish Education, Health Contracts Quarterly

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  FG, World Bank Direct States to Publish Education, Health Contracts Quarterly Abuja, Nigeria – January 27, 2026 In a major push to strengthen transparency and accountability in public spending, the Federal Government (FG), in collaboration with the World Bank, has directed all states to publish details of education and primary healthcare contracts on a quarterly basis . The directive is being implemented under the World Bank–assisted Human Capital Opportunities for Prosperity and Equity (HOPE-GOV) Programme of the Federal Ministry of Budget and Economic Planning. According to the programme, participating states must make contract award information public within 30 days after the end of each quarter as a condition for accessing performance-based incentive funds. ( Vanguard News ) Key Disclosure Requirements States are mandated to publish the following minimum details on their official government websites: Project name Awarding institution Date of contract award Name of contracto...
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Are you an author looking to share your work to the world? Hybridteck Global Business Consult is here to help!

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  Publish Your Articles and Books with Hybridteck Global Business Consult ! As the number one online publishing company, we offer unparalleled services to ensure your articles and books reach a wide audience.  Why Choose Hybridteck Global Business Consult ? - Expert Publishing Services : Our experienced team guides you through every step of the publishing process. - Wide Distribution: Your work will be available on major platforms, reaching readers globally. - Professional Support : From editing to marketing, we provide comprehensive support to make your publication a success. Join the ranks of successful authors who have trusted Hybridteck Global Business Consult. Publish with us today and let your voice be heard! Contact Us Now! Visit our website or call us to get started. WHATAPP+2348077552165 send your articles to our Email: hybridteckedu@gmail.com Hybridteck Global Business Consult – Your Partner in Publishing Success!
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