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Macroeconomy
FAAC: Five States Collect N317.5bn as Allocation, Exceed 20 Others Combined
THISDAY
Aug 18, 2026 · 00:25 WAT
Five Nigerian states received a combined N317.47 billion from Federation Account allocations in May 2026, exceeding the N310.13 billion shared by 20 other states. The distribution provides macroeconomic context on subnational government revenues and potential public-sector spending conditions.