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Atiku: Higher FAAC allocations an illusion, haven’t made Nigerians richer

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Former Vice-President Atiku Abubakar has described the federal government’s “much-publicised” increase in federation account allocation committee (FAAC) disbursements as an “illusion”.

Atiku, presidential candidate of the African Democratic Congress (ADC), in a statement issued on Wednesday by Phrank Shaibu, his media aide, said the higher naira figures have not translated into greater purchasing power or improved living standards for Nigerians.

The cable