NFIU Law: LGAs Get Allocations Regularly, Says Osun Government | Sahara Reporters

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NFIU Law: LGAs Get Allocations Regularly, Says Osun Government | Sahara Reporters
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NFIU Law: LGAs Get Allocations Regularly, Says Osun Government | Sahara Reporters The Osun government was reacting to a report published by Sahara Reporters on Tuesday where it was revealed that the administration had been... GboyegaOyetola READ MORE:

The government of the State of Osun has said that local government authorities in the state get their monthly allocations promptly.

According to the report, the Osun government had disbursed local government funds it received from the Federation Account only three times in the last 14 months, flouting the NFIU law binding on all states of the federation in the process. It further stated that the sum of money lodged in the special purpose account monthly to be in excess of N3bn on the average.

He said, “Local government funds from the Federation Accounts Allocation Committee go to Zenith Bank, which is their main account, whereas their salary account is domiciled in Wema Bank.

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