Osun, others pay over 30% to FAAC for debt servicing in 9 months

by | November 3, 2017 2:12 pm



Osun, Cross River and Ogun state have paid more than 30 percent of their cumulative allocations from the federation account for servicing accumulated debts over the years. This has been shown in BusinessDay analysis of the monthly deductions by FAAC relative to the total gross revenue shared to the 36 states between January and September…

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