Efio-Ita Nyok|2 June 2016|6:35am
Report reaching Negroidhaven.org from Government House Press has it that Cross River State received zero allocation for the month of April from the Federal Allocation Account (FAAC), that is, the state literally nothing after deductions from the federal government were made.
Though this report couldn't be independently confirmed as at press time, feelers suggest that there is element of truth because going by report from federal Budget Office FAAC allocations generally slumped from May 2015 through May 2016.
For a state whose net salary worth is about N2.5 billion monthly, realities of this such have profound implications for the economy.
Efio-Ita Nyok
Is a Blogger & the Editor of Negroidhaven.org (Negroid Haven)
