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Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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“Why More FAAC Revenue Translates To Less Development Projects In States”

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Manage episode 498381545 series 3303024
Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 Nigeria Daily, we dive into the disconnect between fattening FAAC coffers and the harsh realities on the ground. We'll explore the root causes of this paradox and ask the tough questions: what's holding back development? And what needs to change for Nigerians to reap the benefits of these record allocations?

  continue reading

1046 episodes

Artwork
iconShare
 
Manage episode 498381545 series 3303024
Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 Nigeria Daily, we dive into the disconnect between fattening FAAC coffers and the harsh realities on the ground. We'll explore the root causes of this paradox and ask the tough questions: what's holding back development? And what needs to change for Nigerians to reap the benefits of these record allocations?

  continue reading

1046 episodes

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