
FAAC Is Not Charity: Why The Cubana Chief Priest Narrative Fails History, Law, Economics, Politics, And Common Sense – By Prof Chukwuemeka Ifegwu Eke
FAAC Is Not Charity: Why the Cubana Chief Priest Narrative Fails History, Law, Economics, Politics, and Common Sense Let us begin where serious thinking begins: with first principles. In a federation, a state does not survive on presidential pocket money. It survives on law. Abia’s monthly share from the Federation Account is not a favor from President Tinubu to Governor Alex Otti. It is a constitutional and statutory entitlement distributed through the Federation Account Allocation Committee under Nigeria’s revenue-sharing framework. RMAFC describes this as a constitution-based allocation system, and Nigeria’s revenue allocation law establishes FAAC for that purpose. So the…









