Months after a Supreme Court ruling, the federal government has not yet complied with the order to transfer allocations directly to local government accounts.
As reported by Politicsnigeria.com, instead, the Federation Accounts Allocation Committee (FAAC) continues to deposit these funds into shared state and local government accounts.
In July, the Supreme Court mandated that the Federal Government begin making monthly allocations directly into the individual accounts of the 774 local councils.
This ruling was intended to enhance the autonomy of local governments and promote transparency in governance.
Despite the court's decision, the Federal Government cited several operational challenges that needed to be addressed before implementing direct payments.
A three-month period was established to resolve these matters, but that timeframe expired last week without any direct funding reaching the local governments.
The latest allocation for September 2024, amounting to N1.298 trillion, was distributed among federal, state, and local governments during a recent meeting in Abuja.
From this total, the Federal Government received N424.867 billion, state governments were allocated N453.724 billion, and local councils received N329.864 billion. An additional N90.415 billion was designated as derivation revenue.
The breakdown of the distributable revenue included N124.716 billion from statutory revenue, N543.518 billion from Value Added Tax (VAT), N18.445 billion from the Electronic Money Transfer Levy (EMTL), N462.191 billion from Exchange Difference revenue, and N150 billion in augmentation.
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