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Combined FAAC Allocations for 2017, 2018 Inadequate to Fund 2019 Budgets of 35 States - Neiti

May 13, 2019
[Premium Times] The combined net disbursements from the Federation Allocation Account Committee (FAAC) to the 36 states and the Federal Capital Territory, Abuja, in 2017 and 2018, can hardly fund the 2019 budgets of 35 states, the latest report by the Nigerian Extractive Industries Transparency Initiative (NEITI) has shown.

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