Local governments’ financial autonomy faces another setback

Local government financial autonomy in Nigeria continues to suffer setbacks despite the Supreme Court’s ruling in favor of direct revenue allocation to local councils. While the verdict was expected to end state government interference and grant local governments control over their finances, fresh hurdles have emerged, delaying its implementation. The latest requirement by the Central…

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FG fails to disburse January allocation to LGs despite assurances

The federal government through the Federation Account Allocation Committee (FAAC) has released N860.252 billion to state governments for January, with the local governments expected to get N361.754 billion of the allocated sum The councils will not receive their allocations directly due to their inability to meet the deadline for submitting account details. According to an…

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