FAAC, Fiscal Responsibility And The Abia Exception – By Pastor Prof Chukwuemeka Ifegwu Eke
FAAC, FISCAL RESPONSIBILITY AND THE ABIA EXCEPTION Why the Evidence Requires Abia and Governor Alex Otti to Be Assessed Differently The debate generated by reports of sharply increased Federation Account Allocation Committee receipts since the removal of petrol subsidy is legitimate. State governments must account for the additional fiscal resources available to them. But the scientifically appropriate question is not simply: “How much FAAC did a state receive?” The better question is: What measurable public assets, services and improvements did the state produce with the resources available to it? When that test is applied specifically to Abia State, there is…
