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FAAC Shares N907b To FG, States, LGs

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The Federation Account Allocation Committee (FAAC), last night, shared the sum of N907.054 billion to the federal, state and local governments.

Mr Bawa Mokwa, Director (Press and Public Relations) of the Office of the Accountant General of the Federation (OAGF) in a statement said that the sum was from revenues that accrued to the Federation Account and proceeds of Value Added Tax in the month of June.

Last night’s meeting was chaired by the Accountant General of the Federation, Dr Oluwatoyin Madein.

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A communique issued at the end of the meeting showed that the expected massive distributable funds following the petrol subsidy removal did not materialise.

READ ALSO: FEC Okays N129.8bn For Further Remediation Work On Ogoni Cleanup, Water Scheme

The average FAAC monthly distribution has been in the region of N700 billion and many Nigerians expected a huge increase in the monthly distribution after the petrol subsidy removal.

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The N907.054 billion total distributable revenue comprised distributable statutory revenue of N301.501 billion, distributable Value Added Tax (VAT) revenue of N273.225 billion, Electronic Money Transfer Levy (EMTL) revenue of N11.436 billion and Exchange Difference revenue of N320.892 billion.

In June 2023, the total deductions for the cost of the collection were N73.235 billion and the total deductions for savings, transfers and refunds were N979.078 billion.

The balance in the Excess Crude Account (ECA) was $473,754.57.

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READ ALSO: FEC Approves N392.786bn For Ministry Of Works, Customs Others

Out of the N907.054 billion; the Federal Government received N345.564 billion, the State Government received N295.948 billion and the Local Government Councils received N218.064 billion. A total sum of N47.478 billion was shared to the relevant States as 13% derivation revenue.

Gross statutory revenue of N1,152.921 billion was received for the month of June 2023. This was higher than the sum of N701.787 billion received in the previous month by N451.134 billion.

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From the N301.501 billion distributable statutory revenue, the Federal Government received N146.710 billion, the State Governments received N74.413 billion and the Local Government Councils received N57.370 billion.

The sum of N23.008 billion was shared to the relevant States as 13% derivation revenue.

READ ALSO: Naira Scarcity May Affect Private Business In Q1 – Report

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For the month of June 2023, the gross revenue available from the Value Added Tax (VAT) was N293.411 billion. This was higher than the N270.197 billion available in the month of May 2023 by N23.214 billion.

The Federal Government received N40.984 billion, the State Governments received N136.613 billion and the Local Government Councils received N95.629 billion from the N273.225 billion distributable Value Added Tax (VAT) revenue.

The N11.436 billion Electronic Money Transfer Levy (EMTL) was shared as follows: the Federal Government received N1.715 billion, the State Governments received N5.718 billion and the Local Government Councils received N4.003 billion.

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From the N320.892 billion Exchange Difference revenue, the Federal Government received N156.155 billion, the State Governments received N79.204 billion, the Local Government Councils received N61.063 billion and the sum of N24.470 billion was shared to the relevant States as 13 percent mineral revenue.

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Trump Warns Of More Strikes In Nigeria If Attacks On Christians Continue

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US President Donald Trump has warned that he could authorise additional military strikes in Nigeria if attacks against Christians continue, citing the security situation in the West African nation as a key concern.

In an interview with the New York Times on Thursday, Trump was asked whether the Christmas Day strikes in Sokoto State, which targeted Islamist militants, were intended as part of a broader campaign. “I’d love to make it a one-time strike. But if they continue to kill Christians, it will be a many-time strike,” he said.

READ ALSO:Russia, China Afraid Of US Under My Administration — Trump

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Trump’s comments follow his 2025 designation of Nigeria as a “country of particular concern” due to what he described as an “existential threat” to its Christian population. The remarks have drawn criticism from Nigerian officials, who insist that jihadist groups target people regardless of religion. “Muslims, Christians and those of no faith alike” are affected, a government spokesperson said, rejecting claims that Christians are being singled out.

When pressed about reports that most victims of jihadist groups in Nigeria are Muslims, Trump responded, “I think that Muslims are being killed also in Nigeria. But it’s mostly Christians.” Nigeria, with a population exceeding 230 million, is roughly evenly divided between Christians in the south and Muslims in the north.

The December strikes targeted camps run by a jihadist group known as Lakurawa in Sokoto, a largely Muslim region near the border with Niger. Both the US and Nigerian authorities have linked the militants to Islamic State-affiliated groups in the Sahel, although the IS has not formally claimed any association with Lakurawa. Details of casualties from the strikes remain unclear, as neither government has provided official figures.

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Nigeria’s Foreign Minister Yusuf Maitama Tuggar said the operation was a “joint effort” and emphasised that it was not motivated by religion. He confirmed that the strikes had the approval of President Bola Tinubu and included
participation by Nigerian armed forces. Addressing the timing of the strikes, Tuggar added that they were unrelated to Christmas, though Trump described them as a “Christmas present”.

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Science Discovers Why Hungry, Broke Men Prefer Bigger Breasts

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A scientific study has found that men who feel financially insecure or hungry are more likely to find larger female breasts attractive.

The research was published in the peer-reviewed journal PLOS ONE and was conducted by psychologists Viren Swami and Martin J. Tovée.

The study examined whether breast size acts as a signal of fat reserves and access to resources, and whether men facing resource insecurity rate larger breast sizes as more attractive than men who feel economically secure.

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Researchers carried out two separate studies across Malaysia and the United Kingdom.

In the first study, 266 men from three areas in Malaysia were assessed. The locations represented low, medium and high socioeconomic backgrounds. Participants were shown rotating computer-generated images of women with different breast sizes and asked to rate which they found most attractive.

READ ALSO:Wike: Why Removing Fubara Will Be Difficult – Ex-Commissioner

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The findings showed a clear socioeconomic pattern.

Men from low-income rural areas preferred larger breasts.

Men from middle-income towns preferred medium to large breasts.

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Men from high-income urban areas preferred smaller to medium breasts.

PLOS ONE study showing how hunger and financial insecurity affect men’s breast size preferences
Cover page of a PLOS ONE study examining how resource insecurity influences men’s breast size preferences. Source: PLOS ONE

As stated in the study, “Men from relatively low socioeconomic sites rated larger breast sizes as more physically attractive than did participants in moderate socioeconomic sites, who in turn rated larger breast sizes as more attractive than individuals in a high socioeconomic site.”

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The researchers noted that the lower a man’s financial security, the stronger his preference for larger breast size.

The second study focused on hunger rather than income.

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In Britain, 124 male university students were divided into two groups. Sixty-six participants were classified as hungry, while 58 had recently eaten. Both groups viewed the same breast size images under identical conditions.

Hungry men consistently rated larger breasts as more attractive than men who were full.

READ ALSO:‘I Discovered My Husband Was Sterile 5 Yrs After We Got Married’

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According to the researchers, “Hungry men rated a significantly larger breast size as more physically attractive than did the satiated group. Taken together, these studies provide evidence that resource security impacts upon men’s attractiveness ratings based on women’s breast size.”

The researchers explained that these shifts suggest attraction is not fixed but responsive to immediate conditions.

They noted that men experiencing hunger or financial pressure may place greater value on physical traits that signal access to resources or stability.

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The study added that temporary states such as hunger can shape attraction in the same way long-term economic conditions do, reinforcing the idea that social and environmental factors play a key role in how physical attractiveness is judged.

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Man With Lengthy Criminal Record Shoots Nigerian To Death Inside Bus In Canada

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A 40-year-old man with an extensive criminal history has been charged with first-degree murder after a Nigerian national was shot dead on a GO bus at the Yorkdale GO Bus Terminal in Toronto, marking the city’s first homicide of 2026.

Toronto Police, in a statement on their website, said officers were called to the terminal, near Yorkdale Road and Allen Road, at about 7 p.m. on Sunday, January 4, following reports of a shooting. Investigators allege that both the suspect and the victim boarded a GO bus at the terminal, where the suspect shot the victim before fleeing the scene on foot.

According to the statement, officers arrived to find a man suffering from a gunshot wound, but despite carrying out life-saving measures, the Nigerian was pronounced dead at the scene.

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The victim was later identified as Osemwengie Irorere, a 46-year-old man from Nigeria, the Toronto police said in a later statement.

READ ALSO:Canada Flags Nigeria, 16 African Countries As High-risk In New Travel Advisory

Local media reports noted that an eyewitness who was seated just behind the victim said the bus had been dark and crowded as passengers waited to depart when a single gunshot rang out.

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I assumed it was a popped tyre or something, but immediately after, a guy sitting in front of me got up, shoved his hands in his pocket and ran off the bus,” the witness said, requesting anonymity for safety reasons.

“Right after, I stood up and I looked at the seat in front of me and I saw a guy, bleeding,” he added, saying he could smell smoke in the air after the shot was fired.

Police said the suspect was located and arrested a short time later near the Yorkdale subway station, and a firearm was recovered.

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READ ALSO:Nigerian Musician Dies In Canada

The accused has been identified as Tyrel Gibson, 40, of Toronto. He appeared at the Toronto Regional Bail Centre on Monday, January 5.

Court documents show that Gibson has a lengthy criminal record dating back to 2000, with nearly two dozen charges. He has previously been convicted of offences including attempted murder and firearm-related crimes. In 2015, he pleaded guilty to aggravated assault, using a firearm, possession of a firearm with ammunition and possession of an unauthorised firearm and was handed a lifetime weapons prohibition. He was sentenced to eight years in prison in 2017, although it remains unclear how much of that term he served.

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