FAAC disburses N15.26 trillion to FG, states, and LGAs in 2024 – NEITI report

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to the federal, state, and local governments in 2024. This marks a historic high in revenue distribution and a 43% increase compared to previous years, according to the NEITI FAAC Quarterly Review released on [...]The post FAAC disburses N15.26 trillion to FG, states, and LGAs in 2024 – NEITI report appeared first on Nairametrics.

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