“Why More FAAC Revenue Translates To Less Development Projects In States”

Nigeria's FAAC funds are soaring to new heights, with a staggering ₦4.95 trillion allocated in the first quarter of 2025 alone. By June, monthly allocations had skyrocketed to ₦1.818 trillion. But amidst this unprecedented bonanza, Nigerians are scratching their heads, wondering: where's the impact? Despite the record-breaking funds, citizens are still grappling with crumbling infrastructure, inadequate social services, and economic hardship. What's going wrong? In this episode of...