Bandit attacks: Fed Govt silently pulls N500bn from FAAC for emergency security fund
By: Abudu Olalekan N500 billion. It is a massive amount of money. But according to multiple insiders who spoke with Reportersroom, that is exactly what the Federal Government just sliced out of the May 2026 FAAC revenue. The reason? A massive emergency security fund to tackle escalating bandit attacks and national security crises. They pulled…