FG Removes N78bn From States Allocations For Debt Servicing
The federal government took approximately N78 billion from state appropriations for foreign debt payment. According to statistics from the National Bureau of Statistics’ Federation Account Allocation Committee Disbursement reports. The reductions were made in 2022 from the Federation Account allocations to state governments. The federation account is now maintained within a legislative framework that permits … Continue reading FG Removes N78bn From States Allocations For Debt Servicing
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