STATES FACE ALLOCATION CUTS AS AGENCY DEMANDS N100BN MONTHLY. (PHOTO).

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 States face allocation cuts as agency demands N100bn monthly  The monthly statutory allocations to state governments from the federation account may decline in the coming months following an official request by the Nigeria Sovereign Investment Authority to boost the nation’s residual funds with the support of N100bn monthly. The request, which was presented by the Managing Director and Chief Executive Officer of NSIA, Aminu Umar-Sadiq, is aimed at unlocking large-scale investments to drive Nigeria’s economic growth. He made the request at the March revenue-sharing meeting of the Federation Account Allocation Committee held between April 14 and 15, 2025. Our correspondent obtained a copy of his presentation during the meeting on Friday. Umar-Sadiq appealed to the committee, which includes state commissioners of finance, to consider and approve the request, with funding proposed to commence from the March FAAC allocation. The presentation was titled, “Activating Residual Fundin...
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NAF SPECIAL FORCES RESCUE KIDNAPPED VICTIMS IN KADUNA STATE.(PHOTOS).#PRESS RELEASE

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NAF SPECIAL FORCES RESCUE KIDNAPPED VICTIMS IN KADUNA STATE



Nigerian Air Force (NAF) Special Forces on night patrol on 6 August 2023, near Birnin Gwari in Kaduna State, rescued 7 kidnapped victims comprising 6 females and a male, in the early hours of 6 August 2023.  The female victims on interrogation, revealed that they were kidnapped from Paikoro in Niger State while the lone male victim stated that he was picked up against his will from Rijau in Niger State. On sighting the troops, the terrorists abandoned their victims and fled into a nearby forest. The victims were subsequently taken to NAF Medical facility at Birnin Gwari for review and subsequently released, less the male victim who is still being observed. 


The Chief of Air Staff, Air Marshal Hasan Abubakar has since commended the efforts of the troops while calling for intensified efforts towards ensuring all areas within Kaduna State and environs are free of terrorists, kidnappers and other criminal elements.  


Edward Gabkwet

Air Commodore  Director of Public Relations and Information                                        Nigerian Air Force 


7 August 2023

More photos below. 





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