FAAC allocations: Citizens wallow in misery as govs cede duties to FG amid N5.34tr cut

• States share N5.34 trillion FAAC allocations in one year • Yiaga, BudgIT, 11 others demand explanation on N570b disbursed to states • Corruption, insecurity compound sub-national crises Despite increasing revenue profiles of state governments from the Federation Account Allocation Committee (FAAC) reaching N5.34 trillion in the first year of President Bola Tinubu, the sub-national […]

The post FAAC allocations: Citizens wallow in misery as govs cede duties to FG amid N5.34tr cut appeared first on The Guardian Nigeria News – Nigeria and World News.

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