Sources have confirmed that approximately ₦500 billion was deducted from the May 2026 Federation Account Allocation Committee (FAAC) revenue to support an emergency national security intervention. This deduction occurred prior to the distribution of monthly revenue among the Federal Government, states, and the 774 local government councils.....KINDLY READ THE FULL STORY HERE▶

• Senior officials noted that this deduction accounts for a significant portion of the disparity between total gross revenue and the final distributable amount.

• While official communiqués did not itemize the specific deductions under transfers and refunds, sources confirmed that the security allocation was part of the adjustments made before distribution.

• State commissioners of finance, who serve on the FAAC, are reportedly aware of this deduction.

• Additional documents indicate other major deductions, including ₦250 billion for a Military Intervention Fund, ₦252 billion for an Infrastructure Development Fund for states, and ₦450 billion for the Non-Oil Excess Revenue Account, totaling ₦952 billion in pre-distribution deductions.

Overview of May 2026 Revenue

• FAAC announced a total distribution of ₦2.3 trillion to the various tiers of government for May 2026, marking a ₦43 billion increase from the previous month.

• The total gross revenue for May was reported at ₦3.395 trillion, from which ₦123.546 billion was taken for collection costs and ₦971.610 billion for transfers and refunds.

• Final disbursements included ₦818.680 billion for the Federal Government, ₦759.141 billion for state governments, ₦534.277 billion for local councils, and ₦188.132 billion for oil-producing states as 13% derivation revenue.

Context of Security Challenges

• This financial intervention occurs as the administration faces continued pressure to address widespread insecurity, including insurgency, banditry, kidnappings, and oil theft.

• President Bola Tinubu’s administration maintains that national security is a prerequisite for economic and social stability, having consistently increased defense funding and military procurement since taking office in May 2023.

On Thursday, the Federal Government inaugurated a Presidential Task Force on Ebola Virus Disease Preparedness to ensure the nation remains proactive rather than reactive. Chief of Staff to the President, Femi Gbajabiamila, confirmed that while there are currently zero reported cases of Ebola in Nigeria, the government is committed to maintaining this status by shifting the focus from curative measures to prevention. Gbajabiamila emphasized that the government aims to avoid the chaotic response seen during the 2014 outbreak.....KINDLY READ THE FULL STORY HERE▶

• Coordinated Surveillance: The task force has established subcommittees to manage emergency responses, immigration, and surveillance, with collaboration from state governors representing Lagos, Rivers, Enugu, and the Federal Capital Territory.

• Border Vigilance: Beyond monitoring airports, the government is placing significant emphasis on securing land borders to address risks associated with informal migration routes, involving the Border Control Development Agency and immigration services.

• NCDC Preparedness: Dr. Jide Idris, Director-General of the Nigeria Centre for Disease Control and Prevention (NCDC), stated that surveillance systems at all major entry points have been strengthened.

• Rapid Response Framework: Although the primary objective is to prevent the virus from entering the country, the NCDC is upgrading emergency response systems to ensure that any potential case can be rapidly identified and managed.

This multi-sectoral approach involves the ministries of health, interior, and education, as well as border control agencies and state governments, all working in unison to address potential Ebola-related threats.

The Nigerian Army has officially refuted social media claims alleging that Lieutenant Colonel Emmanuel Gabriel Okoye, the late Commanding Officer of the 20th Model Battalion, was killed during a bandit attack. According to a statement released on Thursday by Lieutenant Umar Muhammad, the Acting Assistant Director of Army Public Relations for the 6 Brigade, the officer actually passed away on June 13, 2026, following a brief illness.....KINDLY READ THE FULL STORY HERE▶