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So a few random midnight thoughts on state coercion, legislative complacency, and our general lack of curiosity.
#NFIU
#NFIU
One day before the PEPT judgement, a letter was purportedly circulated by @NigFiu asking banks to provide information on the bank accounts of (among others) senior members of the Judiciary.
No details of any member of the Executive Branch was requested.
Coincidence? Lol.
No details of any member of the Executive Branch was requested.
Coincidence? Lol.
AFTER judgement was delivered in favour of Baba, the spokesperson of the NFIU says this:
“In line with its powers as provided in the NFIU Act, the Unit already has access to details of all bank accounts...and does not therefore, need to write to banks asking for the same info.”
“In line with its powers as provided in the NFIU Act, the Unit already has access to details of all bank accounts...and does not therefore, need to write to banks asking for the same info.”
There has been a lot of misconceptions about the recent guidelines released by NFIU to banks regarding the treatment of LG funds. The purpose of this thread is to clear the air on these misconceptions so we can debate the real “Issue”. #NFIU
A THREAD!
proshareng.com/news/State-and…
A THREAD!
proshareng.com/news/State-and…
What is the background story and what is the real issue?
The background to this issue has to do with LG autonomy. Section 7 of the Nigerian constitution guarantees the autonomy of the LG in terms of governance & financing. However, because of the provisions of S.162 (5-8)...
The background to this issue has to do with LG autonomy. Section 7 of the Nigerian constitution guarantees the autonomy of the LG in terms of governance & financing. However, because of the provisions of S.162 (5-8)...
... the Governors have been able to usurp the autonomy of the LG through the control of the State Joint LG accounts. This has led to gross mismanagement of funds & allegations of fraudulent diversion of LG funds by Governors. The guidelines came within the context of this problem
