FG sets aside N500bn security emergency fund amid rising insecurity, FAAC sources reveal

Key points Main story The Federal Government has reportedly set aside about ₦500 billion from the May 2026 Federation Account Allocation Committee (FAAC) revenue to finance a national security emergency intervention aimed at addressing Nigeria’s worsening security challenges. Multiple sources familiar with the FAAC proceedings disclosed that the deduction was made before the monthly revenue-sharing … Continue reading FG sets aside N500bn security emergency fund amid rising insecurity, FAAC sources reveal