Governors Under Scrutiny as FAAC Revenue Hits N47tn in Three Years
The 36 state governors are facing renewed pressure to account for how they have spent the increased funds received from the Federation Account following the removal of petrol subsidy and other economic reforms. According to data from the Federal Ministry of Finance, the Federal Government, 36 states and 774 local governments shared about N47.25tn between 2023 and 2025, representing more than half of the N93.13tn distributed through the Federation Account […]