The Federal Authorities has not but commenced direct fee of month-to-month allocations to Nigeria’s 774 native authorities areas.
Minister of Finance and Coordinating Minister of the Financial system, Mr Wale Edun, defined that the Supreme Court docket’s proceedings had not but been communicated to the Lawyer Common of the Federation for correct examine and implementation.
Recall that on July 11, 2024, a seven-man panel of the Supreme Court docket granted monetary autonomy to the native governments, a choice opposed by some state governors.
The apex courtroom emphasised the division of presidency energy into three tiers: federal, state, and native governments.
The Federation Account Allocation Committee held its month-to-month assembly final week, which was speculated to mark the beginning of the direct disbursement of funds to the LGAs.
In keeping with Management, the FG mentioned it has but to start direct fee to the respective LGs because of some “sensible impediments.”
Edun highlighted that the method remains to be in its early levels, and additional steps can be taken as soon as the complete particulars can be found.
He said {that a} committee has been arrange by the FG to take a look at the practicability of the judgement.
“The precise continuing has not been handed all the way down to the AGF,” Edun said on Thursday at a quarterly media briefing on current financial actions within the nation.
Saturday PUNCH gathered that allocations from the Federation Account to the 774 LGs have increased by N900bn within the final 12 months.
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