Governors protest direct allocation to LGs, need President to cease NFIU

Journalists’ Hangout 20th Could, 2019

Governors of the 36 States in Nigerian have opposed the Buhari authorities’s announcement that direct allocation to native authorities councils will start June 1.

The Nigerian Monetary Intelligence Unit (NFIU) had introduced a ban on transactions on state and native governments joint accounts.

The NFIU additionally positioned a restrict on money withdrawals from native governments accounts to a most of N500,000 per day.

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