Bayelsa is 92% Dependent On Federal Allocation Despite IGR Potential
Bayelsa, a thriving state of only 1% of the country’s population, has been said to be highly dependent on Federal
Ameenah Hassan
October 30, 2024
- June 16, 2025
Bayelsa, a thriving state of only 1% of the country’s population, has been said to be highly dependent on Federal
In the first half of 2024, local governments across Nigeria received a record-breaking N1.55 trillion from the Federal Account Allocation
The Federation Account Allocation Committee (FAAC) disbursed a total of N2.32 trillion to the federal, state, and local governments in
Key Points Total Disbursement: N2.19 trillion distributed by FAAC in May 2024 (revenue from April 2024). Revenue Sources: Statutory Account
In a significant financial distribution, the Federation Account Allocation Committee (FAAC) disbursed a total of ₦2.33 trillion to the three
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