State governments in Nigeria are poised to receive a substantial increase in statutory federal allocations, amounting to N5.54 trillion in 2024. This represents a significant rise of 69 percent compared to the N3.3 trillion disbursed in 2023. According to data extracted from the approved 2024 budget, states are anticipated to obtain N2.24 trillion more than … Continue reading States Set to Receive N5.5 Trillion FAAC Allocations in 2024