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  • NIGERIA
    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu to deliver Yoruba Tennis Club’s Centenary Lecture

    Nigeria: FG expands National Poverty Reduction with Growth Strategy to Oyo, Enugu, And Kebbi states

    Nigeria: FG expands National Poverty Reduction with Growth Strategy to Oyo, Enugu, And Kebbi states

    Police activates CCTV centre in Lagos to boost technology-driven policing

    Nigeria: Imo Police Command launches investigation into murder of Police Inspector at ex-Commissioner’s residence

    Midstream and Downstream Gas Infrastructure Fund plans 500 CNG refueling stations in 3 years

    Nigeria: Pi-CNG & EV warns against unauthorised, illegal conversions 

    Nigerian Technical Aid Corps deploys another 10 TAC volunteers to Rwanda

    Nigerian Technical Aid Corps deploys another 10 TAC volunteers to Rwanda

    Nigeria:  FG launches new revenue system to eliminate leakages, boost transparency

    Nigeria: FG to audit regional commissions, sanction non-performers

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    SERAP challenges INEC 7 to account for allegedly ₦126b diverted electoral funds

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker calls for punishment for drug pushers, says abuse is a menace to society

    Nigeria: Oluremi Tinubu fulfills ₦10m pledge to 12-year-old Ogun artist

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister assures no King’s College member of staff will be sacked over school crisis

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: Workers protest planned concession of Unity Colleges

    Learn Africa discloses that Non-Executive Director Hajia Binta Bakari divested stake

    Learn Africa confirms divestment of 3.42m shares by NED, Hajia Binta Bakari

    FG launches Digital Training Academy to upscale Nigerians from digital skills to global opportunity

    FG launches Digital Training Academy to upscale Nigerians from digital skills to global opportunity

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria :FG moves against substandard teaching/learning materials, sets 70% benchmark for textbooks

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu commissions ultra-modern hostel facilities at LASCON

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: NTI leads FG’s drive to professionalise teachers, bridge qualifications gaps

    Learn Africa discloses that Non-Executive Director Hajia Binta Bakari divested stake

    Learn Africa forecasts ₦1.27b Profit for Q3 2026

    Nigeria: National Assembly plans boost funding for primary healthcare

    National Assembly Committees’ chairmen commend communication industry, Alausa on data initiative for Nigerian children

  • Health
    NAFDAC to enforce alcohol sachet ban by 2026

    Nigeria: NAFDAC unveils 600 pharmacists for drug regulation 

    Ondo Govt confirms promotion of 3,089 civil servants in 2025

    Ondo Govt. confirms 29 deaths, 60 cases from suspected alcohol poisoning

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth confirms acquisition of 10m shares by Damitop Consulting

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO celebrates field epidemiologists across the Eastern Mediterranean Region and worldwide

    WHO highlights cybersecurity as a growing health security priority

    WHO highlights cybersecurity as a growing health security priority

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa confirms move to expand medical training as TETFund plans world-class simulation centres across six geopolitical zones

    World Cancer Day: Female students advised to abstain from smoking, keep one partner to avoid Cervical Cancer

    Nigeria: Oncologist raises alarm on surge of cancers among 18-39 age groups

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    African Health Ministers approve 10-year Health Workforce Agenda

    Nigeria eyes local production of cancer equipment by 2030

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    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    GOCOP mourns former President Dotun Oladipo

    GOCOP to institute Dotun Oladipo Prize for Online Journalism

    2027 Elections: Economy, security and Nigeria’s future

    Lagos Governor Sanwo-Olu delivers 7th Freedom Online Lecture, says bringing back fuel subsidy an empty campaign buzz, it’s not fiscally realistic

    Sanwo-Olu, Lai Mohammed, Gbenga Daniel to discuss 2027 elections, insecurity at 7th Freedom Online lecture

    Sanwo-Olu, Lai Mohammed, Gbenga Daniel, others to attend 7th Freedom Online lecture Thursday

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: Olukoyede charges media managers on emerging technologies

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    GOCOP mourns former President Dotun Oladipo

    APC chairman mourns Dotun Oladipo, says Nigeria has lost a fearless media professional

    GOCOP mourns former President Dotun Oladipo

    Family announces funeral arrangements for former GOCOP President Dotun Oladipo

    GOCOP mourns former President Dotun Oladipo

    Akpabio mourns Dotun Oladipo, diatribes him as courageous journalist

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    Sahara appoints Chidilim Menakaya as MD to lead company’s Beyond XXX vision

    Sahara appoints Chidilim Menakaya as MD to lead company’s Beyond XXX vision

    Ondo Govt confirms promotion of 3,089 civil servants in 2025

    Ondo Govt. confirms 29 deaths, 60 cases from suspected alcohol poisoning

    Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate

    Nigeria: Yari says Tinubu is beyond any other person, campaign to focus on achievements, not promises  

    Nigeria: Services sector leads GDP growth to 3.98% in Q3 2025 

    Nigeria’s total trade grows by 5.61% to N41.44b in Q2 2026

    The Zamfara Masterminds: Loyalty, Structure and the Unstoppable Engine of the 2027 APC Campaign

    Airtel Nigeria confirms 15% geographical network expansion for 2026

    Airtel Africa discloses total voting rights and capital structure as at end of August 2026

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    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump expects payment for Strait of Hormuz control

    World: Seven MDBs pledge support to countries hit by middle east conflict  

    World Population Day: UNFPA urges investments in young people’s choices, future

    Is Russia immune to media scrutiny in Africa?

    Ukraine sets Russian refinery ablaze in fresh drone attack

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    NATO leaders to gather in Ankara, soothe tensions with Trump

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    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NSC replaces Sanusi with Ikpeme as NFF General Secretary

    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

    NFF secures $8.5m annual kit sponsorship with Adidas

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

    Cycling Africa takes over management of Cycling Lagos, Cycling Kano, unveils expansion plan across African cities

  • Business
    Red Star Express forecasts ₦400m pre-tax profit for Q3 2026/2027

    Red Star Express forecasts ₦400m pre-tax profit for Q3 2026/2027

    VFD Group Plc profit doubles to ₦10.06b in H1 2026

    VFD Group forecasts ₦4.07b net profit for Q4 2026

    RMAFC moves to strengthen revenue monitoring, fiscal accountability

    RMAFC seeks investment boost for Nigeria’s oil sector with China summit

    Trans-Nationwide Express reports ₦46.31m loss in H1 2026 amid soft revenue

    Trans-Nationwide Express projects ₦8.96m profit for Q4 2026

    Juli Plc announces AGM date and corporate actions schedule for September 2026

    Juli Plc announces AGM date and corporate actions schedule for September 2026

    Otedola’s interest in First HoldCo jumps to 26% as Calvados Global Services buys fresh 138m shares

    Femi Otedola close to mandatory takeover of First HoldCo, as WorldStage forecasts 51% controlling stake in 2027

    Tax Ombud, OGFZA partner to boost investor confidence, FDI

    Sanwo-Olu, Popoola, business leaders seek stronger communication and innovation at 13th Lagos PR Conference

    Sanwo-Olu, Popoola, business leaders seek stronger communication and innovation at 13th Lagos PR Conference

    Academy Press announces date, agenda for 62nd AGM

    Academy Press announces date, agenda for 62nd AGM

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    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu to deliver Yoruba Tennis Club’s Centenary Lecture

    Nigeria: FG expands National Poverty Reduction with Growth Strategy to Oyo, Enugu, And Kebbi states

    Nigeria: FG expands National Poverty Reduction with Growth Strategy to Oyo, Enugu, And Kebbi states

    Police activates CCTV centre in Lagos to boost technology-driven policing

    Nigeria: Imo Police Command launches investigation into murder of Police Inspector at ex-Commissioner’s residence

    Midstream and Downstream Gas Infrastructure Fund plans 500 CNG refueling stations in 3 years

    Nigeria: Pi-CNG & EV warns against unauthorised, illegal conversions 

    Nigerian Technical Aid Corps deploys another 10 TAC volunteers to Rwanda

    Nigerian Technical Aid Corps deploys another 10 TAC volunteers to Rwanda

    Nigeria:  FG launches new revenue system to eliminate leakages, boost transparency

    Nigeria: FG to audit regional commissions, sanction non-performers

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    SERAP challenges INEC 7 to account for allegedly ₦126b diverted electoral funds

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker calls for punishment for drug pushers, says abuse is a menace to society

    Nigeria: Oluremi Tinubu fulfills ₦10m pledge to 12-year-old Ogun artist

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister assures no King’s College member of staff will be sacked over school crisis

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: Workers protest planned concession of Unity Colleges

    Learn Africa discloses that Non-Executive Director Hajia Binta Bakari divested stake

    Learn Africa confirms divestment of 3.42m shares by NED, Hajia Binta Bakari

    FG launches Digital Training Academy to upscale Nigerians from digital skills to global opportunity

    FG launches Digital Training Academy to upscale Nigerians from digital skills to global opportunity

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria :FG moves against substandard teaching/learning materials, sets 70% benchmark for textbooks

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu commissions ultra-modern hostel facilities at LASCON

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: NTI leads FG’s drive to professionalise teachers, bridge qualifications gaps

    Learn Africa discloses that Non-Executive Director Hajia Binta Bakari divested stake

    Learn Africa forecasts ₦1.27b Profit for Q3 2026

    Nigeria: National Assembly plans boost funding for primary healthcare

    National Assembly Committees’ chairmen commend communication industry, Alausa on data initiative for Nigerian children

  • Health
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    Nigeria: NAFDAC unveils 600 pharmacists for drug regulation 

    Ondo Govt confirms promotion of 3,089 civil servants in 2025

    Ondo Govt. confirms 29 deaths, 60 cases from suspected alcohol poisoning

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth confirms acquisition of 10m shares by Damitop Consulting

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO celebrates field epidemiologists across the Eastern Mediterranean Region and worldwide

    WHO highlights cybersecurity as a growing health security priority

    WHO highlights cybersecurity as a growing health security priority

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa confirms move to expand medical training as TETFund plans world-class simulation centres across six geopolitical zones

    World Cancer Day: Female students advised to abstain from smoking, keep one partner to avoid Cervical Cancer

    Nigeria: Oncologist raises alarm on surge of cancers among 18-39 age groups

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    African Health Ministers approve 10-year Health Workforce Agenda

    Nigeria eyes local production of cancer equipment by 2030

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    INEC woos CSOs to support in urging National Assembly to conclude Electoral Act amendment

    INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

    GOCOP mourns former President Dotun Oladipo

    GOCOP to institute Dotun Oladipo Prize for Online Journalism

    2027 Elections: Economy, security and Nigeria’s future

    Lagos Governor Sanwo-Olu delivers 7th Freedom Online Lecture, says bringing back fuel subsidy an empty campaign buzz, it’s not fiscally realistic

    Sanwo-Olu, Lai Mohammed, Gbenga Daniel to discuss 2027 elections, insecurity at 7th Freedom Online lecture

    Sanwo-Olu, Lai Mohammed, Gbenga Daniel, others to attend 7th Freedom Online lecture Thursday

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: Olukoyede charges media managers on emerging technologies

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    GOCOP mourns former President Dotun Oladipo

    APC chairman mourns Dotun Oladipo, says Nigeria has lost a fearless media professional

    GOCOP mourns former President Dotun Oladipo

    Family announces funeral arrangements for former GOCOP President Dotun Oladipo

    GOCOP mourns former President Dotun Oladipo

    Akpabio mourns Dotun Oladipo, diatribes him as courageous journalist

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    Sahara appoints Chidilim Menakaya as MD to lead company’s Beyond XXX vision

    Sahara appoints Chidilim Menakaya as MD to lead company’s Beyond XXX vision

    Ondo Govt confirms promotion of 3,089 civil servants in 2025

    Ondo Govt. confirms 29 deaths, 60 cases from suspected alcohol poisoning

    Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate

    Nigeria: Yari says Tinubu is beyond any other person, campaign to focus on achievements, not promises  

    Nigeria: Services sector leads GDP growth to 3.98% in Q3 2025 

    Nigeria’s total trade grows by 5.61% to N41.44b in Q2 2026

    The Zamfara Masterminds: Loyalty, Structure and the Unstoppable Engine of the 2027 APC Campaign

    Airtel Nigeria confirms 15% geographical network expansion for 2026

    Airtel Africa discloses total voting rights and capital structure as at end of August 2026

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    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

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    Trump expects payment for Strait of Hormuz control

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    Academy Press announces date, agenda for 62nd AGM

    Academy Press announces date, agenda for 62nd AGM

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Home NIGERIA

SERAP asks CBN to explain payment to local govts, why Rivers councils are paid

by Press Release
May 11, 2025
in NIGERIA
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Socio-Economic Rights and Accountability Project (SERAP) has urged the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso to “immediately disclose whether the bank has commenced the direct disbursement of allocations to the 774 local government councils in Nigeria from the Federation Account with the CBN and to widely publish the amounts, if any, so far directly sent to each of the councils.”

SERAP also urged Mr Cardoso to “immediately disclose whether any direct payment has been made from the Federation Account with the CBN to the local government councils in Rivers state and to explain the rationale for any such payment.”

The Supreme Court had last July in a landmark judgment held that no governor or other agencies have the power to keep, control, or disburse in any manner the allocations from the Federation Account meant for local government councils, and that any such allocations must be paid directly to democratically elected councils.

In the Freedom of Information request dated 10 May 2025 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “The CBN ought to act in the public interest to ensure that the 774 councils in the country directly get their own allocations from the Federation Account, as ordered by the Supreme Court.”

SERAP said, “the CBN has a constitutional and statutory duty to protect the allocations in the Federation Account and the public funds disbursed from that Account directly to each of the constitutionally recognized three tiers of government.”

According to SERAP, “The CBN also has the constitutional and statutory duty to ensure that no part of the Federation is governed contrary to the Nigerian Constitution or by anybody that is not constitutionally empowered to do so.

The letter, read in part: “State governors are starving local governments of funds and putting them in peril, despite the Supreme Court’s binding orders. State governors’ blatant disregard for the Supreme Court’s orders undermines the integrity of the court and poses a direct challenge to the rule of law.”

“The CBN should be facilitating compliance with the Supreme Court’s orders. If state governors get away with ignoring the court, it will undermine the ability of the bank to credibly perform its constitutional and statutory duties.”

“Ensuring that all restrictions against direct disbursement of allocations from the Federation Account to the 774 councils will comply with the orders by the Supreme Court and stop states and the Federal Capital Territory from tampering with the allocations ahead of the 2027 general elections.”

“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you and the CBN to comply with our request in the public interest.”

“SERAP is concerned that states and the FCT have continued to undermine and endanger the existence of local governments and their ability to effectively function as the third tier of government as envisioned under the Nigerian Constitution 1999 [as amended].”

“The CBN also has the constitutional and statutory duty to protect any tier of the federal governance structure from going extinct or being destroyed.”

“Local government councils are legitimate owners of their allocations from the Federation Account.”

“States and the FCT no longer have the right to retain the allocations for local governments in the Federation Account as they have persistently failed to use the allocations for the benefit of the local government councils and Nigerians.”

“The disbursement of the allocations meant for the 774 councils to states would be at the expense of poor Nigerians and continue to undermine the rights and well-being of those at the bottom of the economy and exacerbate the growing poverty in the country.”

“The CBN could play an important role in revitalising the 774 councils in the country and improving opportunities for Nigerians who reside in those councils. The CBN should not allow states to act in breach of the Supreme Court judgment and do whatever they like with the public funds meant for local government councils.”

“The CBN has a responsibility to comply with the Nigerian Constitution and the country’s international human rights and anticorruption obligations in the exercise of its statutory powers and functions.”

“Local government councils are entitled to a direct payment from the Federation Account of the amount standing to its credit in the said Federation Account. States should not be collecting, receiving, spending or tampering with the local government council funds from the Federation Account meant for the benefit of the councils.”

“SERAP notes that the Supreme Court in a groundbreaking judgment declared that the Freedom of Information Act ‘is applicable and applies to the public records in the Federation’, including those kept by the CBN.”

“By the combined reading of the provisions of the Constitution of Nigeria, the Freedom of Information Act 2011 and the African Charter on Human and Peoples’ Rights, applicable throughout Nigeria, there are transparency obligations imposed on the CBN to widely disclose the information sought by SERAP.”

“The Nigerian Constitution, Freedom of Information Act, and the country’s anti-corruption and human rights obligations rest on the principle that citizens should have access to information regarding their public institutions’ activities.”

“According to our information, Nigeria’s Supreme Court in a landmark judgment declared unconstitutional and unlawful the retaining and using by the 36 state governors and FCT minister of allocations in the Federation Account meant for the 774 local governments in the country.”

“According to the Court, no governor or other agencies have the power to keep, control, or disburse in any manner the allocations from the Federation Account to local government councils. Any direct disbursement of such allocations must be paid to democratically elected local government councils.”

“Following the judgment, the 774 local governments have reportedly opened dedicated accounts with CBN for the direct disbursement of allocations to them from the Federation Account.”

“SERAP notes that former president Muhammadu Buhari had in December 2022 stated that, ‘If the money from the Federation Account to the State is about N100m, N50m will be sent to the chairman but he will sign that he received N100m. The chairman will pocket the balance and share it with whoever he wants to share it with.’”

“According to Buhari, ‘If the money from the Federation Account to the State is about N100 million, N50 million will be sent to the chairman but he will sign that he received N100 million. The chairman will pocket the balance and share it with whoever he wants to share it with.’”

“According to reports, the Federation Account Allocation Committee (FAAC) shared a total of N1.578 trillion among the three tiers of government as revenue generated in March 2025.”

Tags: CBNOlayemi CardosoSERAP
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