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N2.45tn Intervention Fund Shows FG’s Fiscal Discipline – Tinubu Support Group

TMSG

TMSG

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N2.45tn Intervention Fund Shows FG’s Fiscal Discipline – Tinubu Support Group

 

By Alabidun Shuaib AbdulRahman

 

The Tinubu Media Support Group (TMSG) has described the disbursement of N2.45 trillion as intervention funds to sub-national governments over a 17-month period as further evidence of the fiscal discipline and prudence of the Federal Government under President Bola Tinubu.

 

The group said details of the financial support extended to states in recent months reflected a strong sense of responsibility, equity and sound fiscal management by the Tinubu administration.

 

In a statement jointly signed by its Chairman, Emeka Nwankpa, and Secretary, Dapo Okubanjo, on Thursday, TMSG noted that the sustained monthly disbursement for infrastructure and security projects underscored the Federal Government’s commitment to balanced development across the country.

 

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According to the group, between March 2024 and August 2025, the Federal Government disbursed a total of N2.45 trillion to states under a special intervention programme funded from non-oil savings.

 

“We are aware that between March 2024 and August 2025, the President Bola Tinubu administration disbursed N2.45 trillion in financial support to the sub-nationals for infrastructure and security projects,” the statement read.

 

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

 

TMSG acknowledged that while a detailed breakdown of the state-by-state disbursement had not been made public, indications showed that no state was excluded from the intervention.

 

It described this approach as a clear departure from past practices, where some states were allegedly denied access to intervention funds due to political differences with the party at the centre.

 

“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, considering that we have had situations in the past where some states were excluded because their governors did not belong to the ruling party,” the group stated.

 

The support group recalled that the Infrastructure Support Fund was introduced in July 2023, barely months after President Tinubu assumed office, as part of measures to cushion the impact of the removal of fuel subsidy on Nigerians.

 

It stressed that the intervention fund was distinct from the statutory monthly allocation from the Federation Account, adding that it was designed to enable states to address critical infrastructure deficits and security challenges.

 

“This is not the regular statutory allocation. It was essential to ensure that states can intervene to address pressing infrastructural needs as well as security concerns,” TMSG said.

 

The group added that the Federal Government had continued to fulfil its responsibility of ensuring that states were not starved of funds, noting that the resources were meant to improve the welfare of Nigerians across all regions of the country.

 

While urging state governments to ensure that the intervention funds translate into tangible benefits at the grassroots, TMSG also called on Nigerians to take a keener interest in governance.

 

It said greater public scrutiny of elected officials would help promote accountability, equitable growth and sustainable development nationwide.

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