Connect with us

Defense and Security

‎FG Deducts N500bn from States to Fund Emergency Anti-Banditry Operations ‎

Published

on

The Federal Government deducted approximately N500 billion from the May 2026 Federation Account Allocation Committee (FAAC) revenue pool to finance emergency security interventions aimed at combating banditry and insecurity across Nigeria’s North-West and North-Central regions.

‎The deduction was made before the distribution of N3.395 trillion in revenue among the three tiers of government, according to details emerging from the latest allocation process.

‎The security allocation forms part of a series of pre-distribution adjustments, including N250 billion earmarked for military operations and N252 billion set aside for state infrastructure projects.

‎Following the deductions, a total of about N2.3 trillion was shared among the Federal Government, state governments, and local government councils. The Federal Government received N818.7 billion, while state governments were allocated N759.1 billion. Local government councils received N534.3 billion from the distributable revenue.

‎Government sources said the security funds are intended to strengthen ongoing efforts to tackle armed banditry, kidnappings, and other violent crimes that have continued to threaten communities and economic activities in several parts of the country.

‎However, the development has sparked calls for greater transparency and accountability in the management of security-related expenditures.

‎Economist Ayo Teriba urged authorities to provide clear details on how the funds would be utilized, particularly regarding the procurement of security equipment, deployment of personnel, and support for forest rangers and other security initiatives.

‎Meanwhile, reactions on social media have been mixed, with some Nigerians expressing concern over the effectiveness of previous security allocations and questioning whether the latest intervention fund would be properly managed.

Continue Reading
Advertisement
Click to comment
FEATURES1 hour ago

Photo: Desmond Elliot Kneels to Tinubu’s CoS Gbajabiamila, Apologises Over Surulere APC Primary Loss

Defense and Security2 hours ago

Plateau Attacks: 13 Killed as Gunmen Open Fire on Passengers, Communities

BUSINESS2 hours ago

Dangote Refinery N2.15tn IPO on NGX: What to Know About NGX Listing in 2026

Profiled
FEATURED5 hours ago

EFCC Scandal: Senior ACE Officer Accused of $1M Unexplained Wealth, 10% Extortion in Petition to Olukoyede

FEATURED15 hours ago

Okowa Backs Ika Vision 2032 as Anglican Diocese Launches Endowment Fund

FEATURES19 hours ago

‎How NDLEA Uncovered Colorado Hidden in Speakers, Bread

FEATURED23 hours ago

2027 poll: Arewa Youths in Warri South Endorses Tinubu, Sheriff, Other Candidates, Pledges 5/5 Victory

FEATURES2 days ago

Onanuga Blasts Peter Obi as ‘Overhyped, Clueless’ Ahead of 2027 Election

FEATURES2 days ago

Tinubu Mourns Bamanga Tukur, Hails ‘Man of Big Ideas’ as Former Gongola Governor Dies at 90

FEATURES2 days ago

Man Arrested While Allegedly Trying to Sell His 16-Month-Old Daughter in Abia Hotel

FEATURES3 days ago

One Suspect Arrested Over Ondo Herbal Drink Deaths as Toll Rises Above 30

OPINION3 days ago

₦100BN OIL AND GAS PARK: OMO-AGEGE HITS BACK AT DAFINONE—”STOP SABOTAGING URHOBO’S BIGGEST PROJECT SINCE DSC,” BY GODWIN ANAUGHE

FEATURES3 days ago

Diphtheria Outbreak: 2 Dead, 5 Confirmed Cases in Abuja — FCTA Moves to Contain Spread

FEATURES3 days ago

Xenophobic Attacks: National Assembly Suspends Official Visits to South Africa, Orders Boycott

FEATURED4 days ago

2027: Urhobo Monarchs Warn Against Political Division, Endorse Oborevwori as Sole Governorship Candidate

Advertisement
Advertisement

z

   


Article Banner