FG disburses ₦5.15tn to military, security agencies amid insecurity

The Federal Government has disbursed ₦5.15 trillion in special intervention funds to the Nigerian military and security agencies between November 2023 and September 2026.

According to The PUNCH, documents obtained from the Federation Account Allocation Committee (FAAC) showed that ₦5.65 trillion was received, with 91.15 per cent disbursed through 30 transactions. Punch Newspapers

The funds were separate from regular annual defence budget allocations.

Records showed that ₦1.2 trillion was disbursed in 2024, while payments increased significantly in 2026, reaching ₦2.75 trillion.

Individual transfers also rose from ₦100 billion to between ₦200 billion and ₦500 billion.

However, the documents provided no detailed breakdown of military operations, equipment purchases or projects financed.

Despite the substantial funding, Nigeria continues to face terrorism, banditry and kidnapping across several regions.

Meanwhile, the government has commenced a review of its National Security Strategy to address emerging threats and strengthen national security.