Monday, March 9, 2026
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Finance | Insurance | Pension

TMSG hails FG’s as states, LGAs get N2.45trn in intervention fund in 17 months

EconomyFoot Print by EconomyFoot Print
February 6, 2026
in Finance | Insurance | Pension, News, Politics
Reading Time: 2 mins read
0
TMSG hails FG’s as states, LGAs get N2.45trn in intervention fund in 17 months
Share on FacebookShare on Twitter

The Tinubu Media Support Group (TMSG) has said that N2. 45 trillion sustained intervention fund for sub-national governments in 17 months is another solid proof of the Federal Government’s fiscal discipline.

The group said that details of financial support from the federal government to the sub-nationals in recent months show good conscience and a sound fiscal discipline profile of the President Bola Tinubu administration.

Related posts

FG Approves 50,000 Additional Slots For 2026 NYSC Mobilization

March 9, 2026

Troops Rescues 12 Kidnapped Victims, Arrest Suspects in Enugu

March 9, 2026

In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, the group noted that the disbursement of N2.45 trillion in the last 17 straight months for infrastructure and security projects reflects equitable allocation of funds.

It said: “We are aware that between March 2024 and August 2025, the President Bola Tinubu administration disbursed N2.45 trillion in financial support to the subnationals for infrastructure and security projects.

“These funds are disbursed monthly under a special intervention programme from non-oil savings, as part of efforts to accelerate project executions across the country.

“Although details of state-by-state disbursement have not been made public, it is obvious that no state is left out. We see this as a testament to the non-partisan credentials of the Tinubu administration of the intervention fund, considering that we have had situations in the past where some states were left out of disbursements because their governors did not belong to the ruling party.

“We recall that the Infrastructure Support Fund was established within a few months of the President Bola Tinubu administration, in July 2023 to be specific, as part of measures to cushion the effect of the removal of fuel subsidy on the people.

“This is not the regular, statutory monthly allocation from the federation account. It was essential to ensure that states can intervene and address critical infrastructural needs as well as security.

“Indeed, the federal government has continued to live up to its responsibility of ensuring that the sub-nationals are not starved of funds. These are funds that are expected to be used for the benefit of Nigerians in all corners of the country.”

While urging the various governments at subnational levels to always ensure that Nigerians enjoy the benefits of the intervention funds, especially at the grassroots, TMSG tasked Nigerians to endeavour to take more interest in the governance of their elected representatives to ensure even growth and development across the country.

Previous Post

INDIGENOUS TIV PEOPLE OF NASARAWA STATE PAY TRIBUTE TO BENUE GUBER ASPIRANT, PROF. HON

Next Post

TDF welcomes the top 10 ranking of Nigeria’s GDP contribution to the global economy

Next Post
TDF welcomes the top 10 ranking of Nigeria’s GDP contribution to the global economy

TDF welcomes the top 10 ranking of Nigeria's GDP contribution to the global economy

Leave a Reply Cancel reply

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

RECOMMENDED NEWS

Troops Arrest 23 Oil Thieves, Recover Over 180,000 Stolen Products

10 months ago

Police Invites  NLC President For  Terrorism, Other Crimes

2 years ago

NiMet explains November Rain in Abuja,bother Parts of the North

2 years ago

Nigeria’s parliament passes 2023 budget with N1.3 trillion increment

3 years ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • FG Approves 50,000 Additional Slots For 2026 NYSC Mobilization
  • Troops Rescues 12 Kidnapped Victims, Arrest Suspects in Enugu
  • COAS Reaffirms Army’s Commitment to Strengthening Military Education

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

FG Approves 50,000 Additional Slots For 2026 NYSC Mobilization

March 9, 2026

Troops Rescues 12 Kidnapped Victims, Arrest Suspects in Enugu

March 9, 2026
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion