Tags LG Funds

Tag: LG Funds

Gov. Yahaha Bello plans withdrawing LG funds, asks Directors to sign owing state govt N3bn

Kogi state Governor, Yahaya Bello has perfected his plans for collecting the huge amount of money paid into Local Government accounts by the Federation Account Allocation Committee (FAAC).

NFIU: ‘My LG didn’t have N500,000 since 2002, received N129m this month – Ribadu

The pioneer chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu, has disclosed that his local government, Yola South in Adamawa State did not have N500,000 in its account since 2002.

LG Funds: Court rejects Governors’ move to scuttle NFIU guidelines

A Federal High Court in Abuja has rejected the request by the Governors of the 36 states for an order stopping the implementation of guidelines issued by the Nigerian Financial Intelligence Unit (NFIU) in relation to the operation of the States/Local Government Joint Accounts.
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