\n\nThe Federal Government has reportedly set aside about N500 billion from May 2026 Federation Account Allocation Committee (FAAC) revenue to fund an emergency national security intervention amid rising cases of banditry, kidnapping and other security threats across the country. The deduction was made before revenue sharing among the three tiers of government, with officials confirming that the fund is aimed at strengthening security operations. The move comes as Nigeria continues to battle insurgency, banditry and violent crimes, while security experts have called for transparency and accountability in the management of the funds. Meanwhile, the FAAC shared N2.3 trillion among the Federal Government, states and local governments for May 2026 revenue after various deductions and transfers.
