FAAC allocation rose by 1.42% in Q2 2024 – NEITI

The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024. This was disclosed by the agency’s Assistant Director, Communications and Advocacy,

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