Tag: FAAC allocations

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States Face 68% Surge in Foreign Debt Servicing Costs

Nigeria’s 36 states collectively spent ₦235.58 billion servicing external debt in the first half of 2025 — a staggering 68.4% increase compared to ₦139.92...

N417bn Debt Racks Up as States Get More Funds

Despite enjoying increased disbursements from the Federation Account Allocation Committee (FAAC) in the past year, at least 10 Nigerian states have added a staggering...

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