THE stage appears set for an inevitable collision between state governors and the Federal Government over the monthly allocation from the Federation Account to the country’s third tier of government. Many state governments have practically taken over the management of local government funds by superintending over the disbursement of same. According to the investigations, many state governments had emasculated local governments by denying them of their due allocations as released by the Federation Account Allocation Committee (FAAC). He, however, said with the coming of Governor Bello, the local governments now enjoy partial financial autonomy. According to him, apart from statutory deductions, the local governments have been getting their dues regularly on a monthly basis.
Source: Nigerian Tribune May 25, 2019 11:31 UTC