Morning recap: States get N435bn for security, Atiku’s subsidy push opposed, other top stories

Jukwaa

🇳🇬 Here's What Happened

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.

The development comes amid growing demands for states to deploy increased federal allocations to address infrastructure deficits and worsening security challenges.

📌 Key Details

Read here: https://punchng.com/states-get-special-n435bn-for-security-infrastructure/

Presidency, private sector reject Atiku’s petrol subsidy plan

The Presidency and the Organised Private Sector have kicked against former Vice-President Atiku Abubakar’s proposal to restore petrol subsidy if elected president in 2027. The proposal has also divided organised labour, with the Nigeria Labour Congress expressing differing positions on the policy.

Atiku, the African Democratic Congress presidential candidate, has made the restoration of petrol subsidy part of his economic proposition ahead of the 2027 election. President Bola Tinubu removed the subsidy during his inaugural address in May 2023.

The opposition to Atiku’s proposal comes as the Federal Government continues to defend the economic reforms implemented since the subsidy removal, while businesses and Nigerians continue to debate their effects on living costs and the wider economy.

Read here: https://punchng.com/presidency-ops-kick-against-atikus-petrol-subsidy-push/

📰 Source: Punch Nigeria

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