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Allocation to FG, Others Up by 43% – NEITI
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admin / 4 months
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The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to the federal, state, and local governments in 2024, marking a 43% increase compared to previous years. The Nigeria Extractive Industries Transparency Initiative (NEITI) revealed this in its latest FAAC Quarterly Review, released in Abuja. The agency attributed the rise in allocations to the […]