File: Former Vice President and presidential candidate of the African Democratic Congress, Atiku Abubakar.
From a fresh N435bn boost for state security and infrastructure to growing opposition to Atiku Abubakar’s petrol subsidy proposal, the EFCC and ICPC probe of N12bn NFF funds, a fresh UK travel warning covering 11 Nigerian states, and Davido’s playful exchange with Wike, these are the major stories making headlines this morning.
States get special N435bn for security, infrastructure
State governments received at least N435bn through a special Federation Account Allocation Committee intervention for infrastructure and security between January and June 2026, according to available half-year budget implementation reports from 29 states. The funding was recorded under a relatively new intervention window for state infrastructure and security.
The intervention, classified in state financial records as “State Infrastructure and Security,” is distinct from conventional statutory FAAC allocations, although the funds were distributed as regular FAAC revenue. No amount was disbursed under the window during the corresponding period in 2025.
