States, LG to get N14tn FAAC allocation

Federal allocation to states and local government areas may increase by 109.74 per cent to N14.04tn in 2024. This is according to the Federal Government’s revenue projections in its Revised 2024 – 2026 Medium-Term Fiscal Framework. Based on these projections, disbursement to states and local governments has been predicted to increase from the N6.69tn projected