The Federal Government has deducted a total sum of ₦32bn from allocations of states from the Federation Account in the month of April 2016 for different loans they incurred.
In a report by the Economic Confidential, the economic intelligence magazine, it appears Osun state is worse hit by the development and ranks number one, as its allocation for the month of April 2016 totaling ₦2.030 billion![]()
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