ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Economy

FG Disburses N1.6tn to States, FCT for Infrastructure and Security Projects

Victoria Emeto by Victoria Emeto
June 30, 2025
in Economy
0
FG Disburses N1.6tn to States, FCT for Infrastructure and Security Projects

The Federal Government has disbursed a total of N1.6 trillion to state governments and the Federal Capital Territory (FCT) between March 2024 and May 2025 to support infrastructure and security projects across the country.

According to official records from the Office of the Accountant-General of the Federation (OAGF), the funds were released under a special intervention programme aimed at enhancing subnational development and tackling security challenges.

The 15-month disbursement was designed to address critical infrastructure gaps and boost security operations at the grassroots level. The intervention was funded through non-oil revenue savings, as part of broader efforts to reduce fiscal strain on states and expedite capital project delivery.

Details of the disbursement were contained in internal OAGF documents submitted at the May 2025 meeting of the Federal Accounts Allocation Committee (FAAC). At the meeting, a total of N1.659 trillion was shared among the three tiers of government — a N22 billion drop compared to N1.681 trillion shared in April.

The initiative reflects the Federal Government’s ongoing strategy to deepen economic resilience and ensure more efficient resource allocation at the subnational level.

Tags: #FAACDisbursement#InfrastructureNigeria#NonoilRevenue#SecurityFunding
Previous Post

UK Withdraws from $33 Billion Morocco-UK Power Project Over Delivery, Security Concerns

Next Post

Petrol Marketers Expect Price Crash as Crude Oil Drops

Victoria Emeto

Victoria Emeto

Next Post
Nigeria Records N12.96tn Crude Exports in Q1 2025 Despite Refinery Feedstock Challenges

Petrol Marketers Expect Price Crash as Crude Oil Drops

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Oil Prices Dip as Middle East Tensions Ease, OPEC+ Hike Looms

Oil Prices Dip as Middle East Tensions Ease, OPEC+ Hike Looms

June 30, 2025
Global Markets Rise on Trade Talks Progress, S&P 500 Futures Up

Global Markets Rise on Trade Talks Progress, S&P 500 Futures Up

June 30, 2025
Nigeria’s Insurance Industry Grows 56%, Hits N1.56tn Premium in 2024

Nigeria’s Insurance Industry Grows 56%, Hits N1.56tn Premium in 2024

June 30, 2025
Nigeria Tops Africa in 2025 Energy Transition Rankings

Nigeria Tops Africa in 2025 Energy Transition Rankings

June 30, 2025
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Oil Prices Dip as Middle East Tensions Ease, OPEC+ Hike Looms

Oil Prices Dip as Middle East Tensions Ease, OPEC+ Hike Looms

June 30, 2025
Global Markets Rise on Trade Talks Progress, S&P 500 Futures Up

Global Markets Rise on Trade Talks Progress, S&P 500 Futures Up

June 30, 2025
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!