Hidden Reason Senators Back Financial Autonomy For LGs

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Indications have emerged on why most Senators readily backed the directive of the Nigeria Financial Intelligence Unit (NFIU) on the management of Local Government Council funds.

It was gathered that senators, who were former governors, were comfortable with the move to ensure that state governors no longer control the funds of local governments, an incident that will in turn  reduce their enormous political influence in the state.

A source in the National Assembly who confided in LEADERSHIP Sunday said although senators who had not served as governors were also mindful of whittling  the political  influence of governors in the state, former governors in the Senate were more inclined to the move because they fear being relegated to the background by incumbent governors.

The Senate recently backed financial guidelines for Local Governments recently introduced by the NFIU. The NFIU guidelines prevent state governments from making withdrawals from local governments’ funds. The…



Source: Leadership Newspaper