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States get $4.8bn of Tinubu’s loan bid amid 288% rise in FAAC
Business · BusinessDay ·

States get $4.8bn of Tinubu’s loan bid amid 288% rise in FAAC

Nigerian states are set to receive $4.8 billion tied to President Tinubu’s loan bid, as allocations from the Federation Account Allocation Committee (FAAC) have risen by 288%.

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