Business

Nigerian Senate passes bill to grant local government financial, administrative autonomy

The Senate in Nigeria has passed the bills to grant full financial and administrative autonomy to local governments in the country, the bills seek to amend the constitution to repeal the state joint local government account and provide for a special account where all allocations due to the local governments councils, from the federation account and state government shall be paid.

Penpushing reports that, in the bill, each local government council is to create and maintain its own special account to be called Local Government Allocation Account into which all the allocations will be paid.

The legislations also mandate each state to pay to local government councils in its area of jurisdiction such proportion of its internally generated revenue on such terms and in such manner as may be prescribed by the House of Assembly.

Penpushing further reports that, the lawmakers also voted in favour of financial autonomy for State Houses of Assembly and judiciary, while the bill for administrative autonomy seeks to allow local governments to conduct their own election

Meanwhile,the Senate witnessed over 73 votes during the voting process,while the threshold required for such bills to pass, and voting on all 68 proposed amendments to the constitution is underway.

FOOTNOTE: You want to share story with us? You want to advertise with us? You need publicity/live coverage for product, service, or   event? Contact us on WhatsApp +2348073463653 or email [email protected]

#news  #business  #politics  #penpushing  #media

 

Related Articles

Leave a Reply

Back to top button