ANALYSIS: How impactful has Increased revenue allocation been to states?

In the wake of fuel subsidy removal by President Bola Tinubu, the monthly disbursement to the three tiers of government by the Federal Account Allocation Committee (FAAC) increased significantly. Based on statutory sharing formula, the Federal Government receives 52.68 per cent of the total sum while the States and Local Government Areas (LGAs) receive 26.72 [...]

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