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    N2.3tn Security Intervention Fund Disbursed in Two Years

    THE FELLOW PRESSBy THE FELLOW PRESSMarch 31, 2026No Comments2 Mins Read
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    N2.3tn Security Intervention Fund Disbursed in Two Years
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    Military and paramilitary agencies received N2.3tn in special intervention funding between October 2023 and September 2025, official records show.

    Documents from the Federation Account Allocation Committee detail 23 tranches of N100bn each paid into a dedicated intervention account. Each inflow was matched by a full disbursement, leaving no balance after payments.

    The records show the fund operated as a transit account managed by the Office of the Accountant-General of the Federation. The first entry in October 2023 recorded a N100bn transfer, followed by an immediate payout to the military.

    The programme ran in three phases. The first phase covered 10 tranches from September 2023 to June 2024, totalling N1tn. The second phase, also worth N1tn, ran from July 2024 to April 2025.

    A third phase added N300bn between June and September 2025, bringing the total to N2.3tn.

    The beneficiary scope widened during the programme, shifting from the military alone to include paramilitary agencies.

    However, the documents did not provide a breakdown of how the funds were shared or the specific operations they supported.

    The scale and regular pattern of disbursements suggest the intervention became a major funding channel outside regular allocations.

    The records highlight sustained government spending on security over nearly two years, even as concerns persist over its impact.

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