FG, states, LGs record N1.32tn shortfall in allocations

The persistent drop in the prices of crude oil in the international market has impacted negatively on allocations to the three tiers of government, with statutory allocations recording a shortfall of N1.32tn in the last one year. This is even as the nation witnessed a shortfall of N1.49tn in gross federally collected revenue between October […]

FG, states, LGs record N1.32tn shortfall in allocations

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