South-South Received N101.66 Billion, South West N52.37 Billion: Analyzing FAAC Allocations To The Six Geo-Political Zones In August

In August alone, the allocation from the Federation Account Allocation Committee (FAAC) witnessed significant changes following the removal of the subsidy by President Tinubu. This adjustment resulted in increased allocations to each state and zone. Here is a breakdown of what each geopolitical zone received in the month of August:

1. South-South: N101.66 billion
2. North West: N59.25 billion
3. North Central: N52.41 billion
4. South West: N52.37 billion
5. North East: N43.45 billion
6. South East: N37.11 billion

These figures represent the substantial financial allocations disbursed to the various regions, reflecting the economic adjustments made by the government to address subsidy concerns.

Source: Bushradiogist