Nigeria has achieved a historic milestone with a gross total revenue of N3.143 trillion allocated by the Federation Account Allocation Committee (FAAC) — the highest since the inception of the allocation system. This remarkable feat reflects President Bola Ahmed Tinubu’s commitment to economic reforms, particularly his efforts to close financial loopholes and free up funds for national development.
Thanks to these reforms, state and local governments are now receiving unprecedented allocations, creating opportunities to address pressing developmental needs. President Tinubu’s administration has urged Nigerians to remain hopeful as the nation begins to reap the dividends of the Renewed Hope agenda.
In light of this progress, state governors have been called upon to utilize the increased allocations responsibly, ensuring that the funds directly benefit citizens and improve livelihoods across the country.
With the Renewed Hope initiative gaining momentum, Nigerians are encouraged to maintain their faith in President Tinubu’s vision for a prosperous and equitable future.
