FAAC Advises FG to Repay N228bn Election Loan

The Postmortem Sub-Committee of the Federal Account Allocation Committee (FAAC) has advised the Federal Government to reimburse the N228 billion loan it obtained from the non-oil excess revenue account to fund the 2023 general elections. The comprehensive report, dated December 14, 2023, and signed by Sub-Committee Chairman Kabir Mashi, analyzed the inflow into and payments … Continue reading FAAC Advises FG to Repay N228bn Election Loan