Fourteen Nigerian states face significant financial challenges if the Federal Account Allocation Committee (FAAC) funding ceases, as they rely on it for at least 70% of their revenue.
Without FAAC, these states may struggle to meet obligations such as salaries, pensions, and gratuities.
Below is the list of states and their dependency rates on FAAC:
Bayelsa – 92.17%
Akwa Ibom – 86.29%
Delta – 83.88%
Taraba – 81.89%
Niger – 80.19%
Benue – 79.85%
Anambra – 76.94%
Bauchi – 75.33%
Cross River – 74.87%
Nasarawa – 74.55%
Gombe – 72.29%
Enugu – 70.68%
Edo – 70.24%
Kano – 70.24%
This heavy dependence raises a critical question: Can your state sustain itself without FAAC allocations? For many of these states, the removal of FAAC would expose weaknesses in internally generated revenue (IGR) and overall fiscal sustainability.
