States groan in debts, poor funding despite N16 trillion FAAC windfall

Despite raking about N15.8 trillion from the Federation Account Allocation Committee (FAAC) in less than four years, the majority of sub-national governments are reeling in huge debts just as some are showing signs of distress.

Adeyemi Adepetun

Latest news today on FAAC

States groan in debts, poor funding despite N16 trillion FAAC windfall

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