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...
U.S. Army Deploys M270 Rocket Artillery Systems Near North Korean Border Overview of the Deployment In late December 2025, the **U.S. Army announced the deployment and first operational live‑fire use of the modernized M270A2 Multiple Launch Rocket System (MLRS) on the Korean Peninsula, near the Demilitarized Zone (DMZ) separating South Korea and North Korea. This move represents a significant escalation in U.S. long‑range precision firepower in East Asia and underscores ongoing efforts to deter aggression from Pyongyang. ( Defence Blog – Military and Defense News ) The live‑fire exercise occurred on December 11, 2025 , at Camp Casey (in Dongducheon, Gyeonggi Province), roughly 27 kilometers (about 17 miles) from the North Korean border . ( Defence Blog – Military and Defense News ) The unit involved was Charlie Battery, 1st Battalion, 38th Field Artillery Regiment , part of the 210th Field Artillery Brigade of the U.S. Eighth Army — a forward‑deployed artillery unit su...