Corroborating what the source at FAAC told The Nation, Mokwa in his communique said N177.092 billion was used to augment the generated revenue.

Source: https://thenationonlineng.net/faac-shares-n1-1tr-to-fg-states-and-lgas-from-august-2023-revenue/

FAAC disclosed this in a communiqué issued at the end of its latest meeting, according to a statement by the Director (Press and Public Relations) of the Ministry of Finance, Stephen Kilebi, on Wednesday.

Source: https://punchng.com/fg-states-lgs-share-n906-96bn-faac-allocation/

NDDC, as one of the benefiting agencies, received N355.27 billion as direct disbursements as required by law from FAAC.

Source: https://guardian.ng/business-services/neiti-reveals-federation-account-received-n14-4tr-in-two-years/

On internally generated revenue, the State recorded a -10.32% (minus 10.32) decline, for inflow from the Federation Allocation Accounts Committee (FAAC) it stood at -1.84%, while capital expenditure was a telling -14% (minus 14%).

Source: https://crossriverwatch.com/2023/11/yes-it-is-over-170-days-of-solemn-leadership-by-governor-otu-by-emmanuel-ogbeche/

The Joint Account Allocation Committee, (JAAC), which polls resources from the Federation Accounts Allocations Committee, (FAAC), cannibalises the funds at the level of the state governments and reverts measly tokens to the local government areas, (LGAs).

Source: https://newsdiaryonline.com/yahaya-bello-louis-xiv-and-the-limits-of-absolutism-by-tunde-olusunle/