FAAC Distributions: South South states have received over ₦10.8 trillion — one-third of the total net allocation — combined since 2011

Since 2011, over ₦32.8 trillion has gone to Nigeria’s state governors from the Federation Account Allocation Committee (FAAC). States from the South East have received ₦3.3 trillion combined, the least nationwide.

This fund allocation is to ensure that all levels of government have the necessary funds to meet their financial obligations and to provide public services.

Source:

National Bureau of Statistics

<div style="text-align: center;"><a href="https://intelpoint.co/insights/faac-distributions-south-south-states-have-received-over-%e2%82%a610-8-trillion-one-third-of-the-total-net-allocation-combined-since-2011/" title="FAAC Distributions: South South states have received over ₦10.8 trillion — one-third of the total net allocation — combined since 2011"><img src="https://intelpoint.co/wp-content/uploads/2024/07/Nigerias-FAAC-allocations-by-geopolitical-region-since-2011-net-1-scaled.webp" style="width: 80%; height: auto; max-width:960px;-ms-interpolation-mode: bicubic; margin: 0 auto; display: block;" alt="Chart: FAAC Distributions: South South states have received over ₦10.8 trillion — one-third of the total net allocation — combined since 2011"/></a><br><span>Find more insights at <a href="https://intelpoint.co/insights?utm_source=Insight%20Embed&utm_medium=HTML&utm_campaign=FAAC+Distributions%3A+South+South+states+have+received+over+%E2%82%A610.8+trillion+%E2%80%94+one-third+of+the+total+net+allocation+%E2%80%94+combined+since+2011" target="_blank" style="color: #4f9acc; text-decoration: none;">Intelpoint</a>.</span></div>Copied to clipboard!

Period:

2011 - Q2 2024

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