FAAC deductions have taken 41% of Nigeria’s N84 trillion revenue over the past three years, significantly cutting the funds available for development projects. This large fiscal drain undermines recent economic reforms and limits government capacity to invest in infrastructure and social services.
FAAC deductions have consumed 41% of Nigeria’s N84tn revenue in three years, shrinking funds for development despite recent economic reforms. Read More: https://punchng.com/faac-deductions-gulp-41-of-n84tn-revenue-in-three-years/