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Tag Archives: Federal Accounts Allocation Committee

36 States’ Debts Rise to N11.4tn Despite IGRs, FAAC Allocations

THE total debts of the 36 states in Nigeria rose to N11.47tn as of June 30, 2024, despite allocations by the Federal Accounts Allocation Committee (FAAC), and their respective internally generated revenues (IGR). An analysis of data from the public debt reports released by the Debt Management Office (DMO) said …

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