N435bn infrastructure, security funds boost states revenues in H1

BusinessDay | 21-08-2026 12:04pm |

State governments in Nigeria recorded at least N435.25 billion in revenue from a special Federation Account Allocation Committee (FAAC) funding window for infrastructure and security in the first half of the year. This funding boost has enhanced states' revenues, enabling them to address critical needs. The allocation is part of efforts to support state-level development projects.

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