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Joint Account: Call NFIU To Order, Govs Urge Buhari by mrakeli62: 4:51am On May 20, 2019 |
The 36 state governors of the Federation have pleaded with President Muhammadu Buhari to call the Nigerian Financial Intelligence Unit (NFIU) to order, over moves to stop them from tampering with the monthly allocations of local governments. In a statement by the Head, Media and Public Affairs, Nigeria Governors’ Forum (NGF) Secretariat, Abdulrazaque Bello-Barkindo, yesterday, the governors warned the NFIU not to dabble into a matter that is beyond its mandate. The NFIU had earlier announced, at its inauguration, a ban on transactions on state and local governments joint accounts, arguing that such accounts are only transitional accounts from where funds should go directly to the accounts of local governments. The NFIU, which was excised from the Economic and Financial Crimes Commission, set June 1, 2019, as take-off date of the new order and also, also placed a limit on cash withdrawals from local governments accounts to a maximum of N500,000 per day. It warned banks to ensure strict compliance. The decision was contained in a guideline released by the NFIU after a lengthy meeting with officials of commercial banks in Abuja. But, governors are angry. Regardless, NGF Chairman and Governor of Zamfara State, Abdulaziz Yari Abubakar, signed off a letter in which governors expressed “dismay and angst at this brazen attempt by the NFIU to ridicule our collective integrity and show total disregard for the Constitution of the Federal republic of Nigeria (1999), as amended.” The letter was titled: Re: NFIU Enforcement and Guidelines to Reduce Crime Vulnerabilities Created by Cash Withdrawal from Local Government Funds Throughout Nigeria Effective June 1st, 2019. They said they extracted “copiously from the constitution,” to draw the attention of the president to section (6) (a) and (b), “which confers on the states and national assemblies the powers to make provisions for statutory allocation of public revenue to the local councils in the federation and within the states, respectively.” Similarly, the governors added, section 162 (6), which expressly “provides for the creation of the States Joint Local Government Account (SJLGA) into which shall be paid all allocations to the LGAs of the state, from the Federation Account and from the government of the state.” The NGF chairman said nothing in the NFIU Act, 2018, gives the body the powers that it seeks to exercise in the guidelines that it released. The governors also argued that the NFIU is acting in excess of its powers and with complete disregard of the constitution of Nigeria and accused the NFIU of “stoking mischief and also deliberately seeking to cause disaffection, chaos and overheat the polity.” The NGF stressed that local government councils are creation of the constitution and are not financial institutions. The governors, local governments are not reporting entities and are, therefore, not under the NFIU; in the manner contemplated by the NFIU so-called guidelines. https://www.sunnewsonline.com/joint-account-call-nfiu-to-order-govs-urge-buhari/ 1 Like 2 Shares
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Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by CLASSMAN: 5:50am On May 20, 2019 |
Imagine the effontry 12 Likes 1 Share |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Realist5: 5:51am On May 20, 2019 |
Social media cries. As if he will listen. They should ask Amaechi if Buhari still listen. Good morning Nigeria. 8 Likes 5 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Jestin: 5:51am On May 20, 2019 |
Na them 2 Likes |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by MANNABBQGRILLS: 5:51am On May 20, 2019 |
Hotzone:You think this is Obasanjo, Atiku or Jonathan? Gone is the era of STEALING IS NO CORRUPTION. A new Sherrif is in town! State governors fighting with Local Government Chairmen and councilors over monthly allocations?! What a shame! 36 Likes 6 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by saracus(f): 5:52am On May 20, 2019 |
Hmmmmmmmm.... This governors sef 3 Likes |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Stalwert: 5:53am On May 20, 2019 |
If you ask many who are their counsellors, chairmen, commissioners, state assembly members and so on the answer will be Buhari, Buhari, Buhari..... This is why governors who should be held responsible for many ills happening in the state keep escaping responsibility. Imagine how these governors are stifling growth in Local Governments by refusing them autonomy to use their finances. 32 Likes 3 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Livefreeordieha(m): 5:53am On May 20, 2019 |
mrakeli62:it's about to go down!!!!! 1 Like 1 Share |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by dtruth50: 5:53am On May 20, 2019 |
Are these people really representing the masses who voted them? 9 Likes 3 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by bayelsaowei(m): 5:53am On May 20, 2019 |
If buhari ignores their plead then for once i might just start to like buhari... our state governors are blatant thieves... useless fools... 33 Likes 4 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Nobody: 5:54am On May 20, 2019 |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by lolybaby(f): 5:54am On May 20, 2019 |
hmmmm can't they allow LGA to have separate account. 6 Likes |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by PallyG(m): 5:55am On May 20, 2019 |
Theives 3 Likes |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Relevancy1: 5:55am On May 20, 2019 |
The Governors are the enemies of the states 20 Likes 4 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by castrokins(m): 5:56am On May 20, 2019 |
These Thieving Bastards Are Feeling The Heat Already 13 Likes 2 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by ekestic1976(f): 5:57am On May 20, 2019 |
Stalwert: |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by swtdrms(m): 5:57am On May 20, 2019 |
The Govs always want to be god in their respective states, though NFIU don't have such powers, will they give the LGs the independence to manage its resources and allocations? 5 Likes 1 Share |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Blue3k(m): 5:57am On May 20, 2019 |
Nobody can ignore fact state assemblies refuse to vote on the issue. This wouldn't be a conversation if they were pressured by voters to vote in favor of LG autonomy like they did age reduction of political office holders. They did that and gave themselves and judiciary autonomy last year. voted for LG autonomy: Benue, Plateau, Niger, Bauchi, Sokoto, Bayelsa, Cross Rivers, Kwara and Ogun ^^^ notice 24 states have yet to vote. You 15 more states to approve amendment for to become law. If 21 more states to reject it fails. 6 Likes 1 Share |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by BuhariAdvocate: 5:57am On May 20, 2019 |
I think before federal government start allocate money to local government they should set up a committee that will monitor how they spend those money. 4 Likes 3 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by cardoctor(m): 6:00am On May 20, 2019 |
Any Which way to burst the pipe. |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Juventus4life: 6:01am On May 20, 2019 |
if Buhari led administration succeeded in implementing this policy, then it will be one of his best achievements.... All the 36 State Governors are against this irrespective of political differences then what is this telling us 15 Likes 2 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by GentleMoney: 6:03am On May 20, 2019 |
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Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by Blakjewelry(m): 6:04am On May 20, 2019 |
those governors are mad 4 Likes 2 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by urose93(f): 6:05am On May 20, 2019 |
You will never hear of 'pdp or apc' when it comes their collective interest of stealing and milking the country dry. Am I the only one that saw all the '36 state governors'? God is watching 17 Likes 5 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by CioAngels(f): 6:05am On May 20, 2019 |
This decision is good, the governors are stealing money meant for local governments which are the reasons for no progress in the states. This is not to say that the chairmen are saints too, because they use the little the governors gives to them to carry women, build mansion and exotic cars you might think they are car dealers. They are all thieves. The youths will deal with chairmen of their respective state if their money is not well utilised, the decision is highly welcomed. In fact, it has been long over due. 9 Likes 3 Shares |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by etrouble: 6:05am On May 20, 2019 |
It is getting hot. Buhari already said his 2nd term will be hot. If FG is not telling States how to spend their money, then States should not tell LG how to spend their money or take from LG money. Gandollar is stealing Kano money but FG is not concerned because the States are independent, LG too should be independent. If not, lets just scrap LGs. 5 Likes 1 Share |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by AleAirHub(m): 6:08am On May 20, 2019 |
Thieve thieve governors. PMB will never reverse his signed pen. Bet me 3 Likes |
Re: Joint Account: Call NFIU To Order, Govs Urge Buhari by israelmao(m): 6:10am On May 20, 2019 |
Governors are only building rampart around one of the sources of their personal incomes.When we are ready for the real change nobody we do it for us, Nigerian people we rise up in unison to fight for their freedom. 6 Likes |
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