The total amount disbursed by the Federation Account Allocation Committee (FAAC) to the 36 states in Nigeria rose to the highest in at least seven years in 2023, data compiled by BusinessDay shows.
The latest data from the National Bureau of Statistics (NBS) revealed that FAAC shared a total of N
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
