Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Home » Business » FAAC Allocations Hit Record N3.143 Trillion Under President Tinubu’s Leadership

FAAC Allocations Hit Record N3.143 Trillion Under President Tinubu’s Leadership

by
1 minutes read

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.

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Verified by MonsterInsights