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...
Edo Artisans Unite for Good Governance in Upcoming Governorship ElectionBenin City, Edo State – 13th July 2024:
Register by clicking this link.... Click here to register and indicate to vote As Edo State approaches the pivotal governorship election this September, a coalition of artisans has come together to support and advocate for good governance. This unprecedented movement seeks to ensure that the voices of those in the artisan community are heard and considered in the political process. The Role of Artisans in Society Artisans in Edo State, known for their exceptional craftsmanship in areas such as pottery, weaving, blacksmithing, and sculpture, form a vital part of the local economy and cultural heritage. Their contributions not only preserve traditional skills but also stimulate economic growth and provide employment opportunities. Why Good Governance Matters Good governance is essential for creating an environment where artisans can thrive. This includes: Infrastructure Development: Better roads, reliable electricity, and efficient water supply systems to enhance productivity. Acces...