• Contact Us
  • About Us
Tuesday, July 14, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

It’s Unconstitutional For Govs To Hold LG Funds, Supreme Court Declares

metro by metro
July 11, 2024
in News
0
Supreme Court Adjourns Suit On CBN Naira Swap To Feb 22 For Hearing
0
SHARES
0
VIEWS

 

*Says Henceforth LG Allocations From FAAC Be Paid Directly To Them

Read Also

Trump Says US Reinstates Blockade Of Iranian Shipping In Strait of Hormuz After New Clashes

Makinde Seeks UN Probe Into Abduction Of Ogbomoso Pupils, Teachers

Appeal Court Upholds Order Stopping INEC From Recognising ADC State Congresses

It was victory at last for the embattled Local Government administration in Nigeria as the Supreme Court, on Thursday, declared that it is unconstitutional for state governors to hold onto funds meant for them.

This may bring to an end the emasculation of the grassroots government which have been denied independence, particularly, financial by the all powerful governors who have continued to divert their allocations and only inviting them at the end of every month to the capitals for stipends out of the allocations to the administrators who are their appointees, in most states as the governors prefer dealing with them for loyalty and pecuniary benefits.

However, in its lead judgement read by Justice Emmanuel Agim, the apex court observed that the refusal of state government on financial autonomy for local governments has gone on for over two decades.

He said local governments have since stopped receiving the money meant for them from the state governors who act in their stead.

ALSO READ:Access Holdings Sees Global Expansion On N351Bn Rights Issue

Justice Agim noted that the 774 local government councils in the country should manage their funds themselves.

He dismissed the preliminary objections of the defendants (state governors).

In the suit filed by the Attorney-General of the Federation (AGF), Lateef Fagbemi, the Federal Government sought an order preventing the governors from arbitrarily dissolving democratically elected councils.

Justice Agim said the AGF has the right to institute the suit and protect the constitution.

The apex court consequently directed that Local Government allocation from the Federation Account should be paid directly to them henceforth.

 

Previous Post

Access Holdings Sees Global Expansion On N351Bn Rights Issue

Next Post

asc impact – the enormous social and economic importance of the global agricultural and forestry industry

Related Posts

Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Trump Says US Reinstates Blockade Of Iranian Shipping In Strait of Hormuz After New Clashes

July 13, 2026
Makinde Seeks UN Probe Into Abduction Of Ogbomoso Pupils, Teachers
News

Makinde Seeks UN Probe Into Abduction Of Ogbomoso Pupils, Teachers

July 13, 2026
Appeal Court Upholds Order Stopping INEC From Recognising ADC State Congresses
News

Appeal Court Upholds Order Stopping INEC From Recognising ADC State Congresses

July 13, 2026
Iran Expands Attacks On Gulf States After US Strikes, Says Strait of Hormuz Closed
News

Iran Expands Attacks On Gulf States After US Strikes, Says Strait of Hormuz Closed

July 13, 2026
Next Post

asc impact – the enormous social and economic importance of the global agricultural and forestry industry

Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

Trump Says US Reinstates Blockade Of Iranian Shipping In Strait of Hormuz After New Clashes

July 13, 2026
Timeline Of Oriire School Abduction, Rescue

Two Oyo Teachers killed By Terrorists While In Captivity

July 13, 2026
Makinde Seeks UN Probe Into Abduction Of Ogbomoso Pupils, Teachers

Makinde Seeks UN Probe Into Abduction Of Ogbomoso Pupils, Teachers

July 13, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version