As many as thirty-five states in Nigeria recorded a combined revenue of ₦17.2 trillion in 2024, according to BudgIT’s latest State of States report issued, yet they heavily rely on distributed revenue from the Federation Account Allocation Committee (FAAC).
“Rivers State is excluded from this report due to the removal of elected officers due to the state of emergency. The state failed to produce an audited statement at the final data compilation for this report,” the civic data organisation
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