Reforms to results: The economic promise of Renewed Hope Agenda

PM NEWS Nigeria | 09-09-2026 03:31pm |

The Federation Account Allocation Committee (FAAC) disbursements have increased significantly, from N3.4 trillion in 2022 to N11.38 trillion in 2025. This represents a 232.2% increase, with a compound annual growth rate of 50%. The rise is attributed to economic reforms under the Renewed Hope Agenda. The increased allocations are expected to boost sub-national revenues and development.

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