Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Local Governments may receive direct allocations by January

FAAC pays directly to local governments

Credible News by Credible News
January 17, 2025
in Development, Economy, Human Interest, Interviews, News, Politics
0
President Bola Ahmed Tinubu

President Bola Ahmed Tinubu

0
SHARES
6
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Presidency has hinted that from the end of January, local government areas across Nigeria will start receiving their allocations directly from the Federal Allocation Account Committee, a crucial move toward local government autonomy.

During an interview on Arise News on Thursday night, the Special Adviser to the President on Media and Public Communications, Sunday Dare, shared this update.

He reaffirmed President Bola Tinubu’s dedication to enforcing the Supreme Court’s landmark judgment from July 2024, which declared the state control over local government funds unconstitutional.

The Supreme Court, in a unanimous ruling delivered by Justice Emmanuel Agbim, concluded that local government allocations should be paid directly or via states.

READ ALSO: NGF endorses Tax Reforms, Tinubu has his way

However, due to the inefficiency of the latter method, the court ordered that payments be made directly to local councils.

This judgment followed a lawsuit initiated by the Attorney General of the Federation, Lateef Fagbemi, SAN, which sought to secure financial autonomy for Nigeria’s 774 local government areas.

Although the ruling had been made, its implementation was postponed to ensure the establishment of proper mechanisms. Dare confirmed that these processes are now finalized, setting the stage for local governments to start receiving funds directly by the end of January.

“We have a President who ensures local government autonomy. I spoke to a local government chairman, who said, ‘Oh, I will be getting N2.9bn instead of the N200m I was getting before.’

“From the end of this month local government will receive the money directly,” Dare further explained.

Dare also emphasized the need for more accountability in state and local government financial management. “One state collected N499 billion last year—nearly four times its previous allocation—yet there’s little to show for it,” he pointed out.

He stressed that while the federal government is frequently criticized, focus must also be directed at how states and local governments manage their finances.

 

Crediblenewsng.com

Tags: 774 LGA'sautonomyFederal Allocation Account Committee
Previous Post

Trump blasts Biden for claiming credit for ceasefire

Next Post

Okpebholo employs 360 cleaners into Edo civil service

Credible News

Credible News

Next Post
Edo State Governor, Monday Okpebholo. [PHOTO CREDIT: Punch Newspaper]

Okpebholo employs 360 cleaners into Edo civil service

NRS Advertisement

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
Bandits kidnap students of Federal University of Gusau

Gunmen kill nine in Plateau State

October 2, 2023
Methodist Church seeks FG’s support on mission schools

Methodist Church seeks FG’s support on mission schools

September 11, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Saudi Arabia’s Ministry of Hajj and Umrah has announced the upcoming Umrah season calendar

Tinubu leaves Abuja Thursday for Makkah

October 28, 2026
Derailed high-speed train carriages and emergency responders at the scene of a fatal collision near Urda, Toledo, Spain.

68 die, 100 in hospital after train collision in Spain

October 28, 2026
Borno State Governor Babagana Umara Zulum receives the NNPCL management delegation in Maiduguri.

NNPCL pledges to resume oil exploration in Borno

October 28, 2026
A container truck overturns onto a passenger bus in a fatal crash on Berger Bridge along the Ibeju-Lekki Expressway in Lagos.

Four die as container truck crushes Lagos passenger bus

October 28, 2026

Recent News

Saudi Arabia’s Ministry of Hajj and Umrah has announced the upcoming Umrah season calendar

Tinubu leaves Abuja Thursday for Makkah

October 28, 2026
Derailed high-speed train carriages and emergency responders at the scene of a fatal collision near Urda, Toledo, Spain.

68 die, 100 in hospital after train collision in Spain

October 28, 2026
Borno State Governor Babagana Umara Zulum receives the NNPCL management delegation in Maiduguri.

NNPCL pledges to resume oil exploration in Borno

October 28, 2026
A container truck overturns onto a passenger bus in a fatal crash on Berger Bridge along the Ibeju-Lekki Expressway in Lagos.

Four die as container truck crushes Lagos passenger bus

October 28, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Saudi Arabia’s Ministry of Hajj and Umrah has announced the upcoming Umrah season calendar

Tinubu leaves Abuja Thursday for Makkah

October 28, 2026
Derailed high-speed train carriages and emergency responders at the scene of a fatal collision near Urda, Toledo, Spain.

68 die, 100 in hospital after train collision in Spain

October 28, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.