Dossier
Federation Account
Coverage of Federation Account in the Nexus archive.
- Nigeria: Senate Passes Bill to Double Police Trust Fund Allocation to 1 Percent
The Nigerian Senate passed a bill to increase the Nigeria Police Trust Fund allocation from 0.5% to 1% of the Federation Account revenue. The move aims to strengthen police funding, improve operational capacity, and enhance personnel welfare.
- Former Delta Governor Okowa visits EFCC office amid corruption probe
Okowa visited the EFCC office amid a corruption investigation related to alleged fund diversion in Delta State. The probe focuses on funds from the 13 per cent derivation allocation from the Federation Account between 2015 and 2023.