The Nigerian Governors Forum, NGF, has opposed new financial regulations seeking to end governors’ control of local government finances. The forum has written President Muhammadu Buhari to intervene on the matter. The new financial regulations were given by the Nigerian Financial Intelligence Unit. The 36 state governors in Nigeria have opposed the new financial regulations seeking to put an end to their control of local government finances. Recall that the Nigerian Financial Intelligence Unit (NFIU) announced a ban on transactions on state and local government joint accounts. According to NFIU,…
Read MoreGovernors Oppose NFIU Regulations On Control Of LGA Finances
