Don’t be fooled, states are not richer
Furthermore, debt-servicing costs have also escalated in the last three years, putting more strain on state government finances.
By Dele Sobowale Most Nigerians are being fooled right now, as they often are, by the Federal Government; with regard to the monthly allocations to states.
Why FAAC monthly allocations don’t tell full story “FG releases barely 5% of N54.
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