In an alarming revelation, the Federal Government has implemented deductions exceeding N415 billion from state government allocations to service their external loans. These deductions, spanning from 2019 to 2023, have been siphoned from the allocations disbursed to state governments from the Federation Account. The Federation Account operates under a legal framework facilitating fund allocation through … Continue reading FG Deducts N415 Billion from State Allocations for Debt Servicing