Monday, July 22, 2024
Home News Fiscal Autonomy For LG Should Not Be Limited to Revenues But… Atiku React to Supreme Court Judgement

Fiscal Autonomy For LG Should Not Be Limited to Revenues But… Atiku React to Supreme Court Judgement

by Felicia Awoyemi
0 comment

Former Vice President Atiku Abubakar says the judgment of the Supreme Court earlier on Thursday that affirmed fiscal autonomy to local government councils in the country is a win for the people of Nigeria.


Atiku, the President Candidate of the Peoples Democratic Party (PDP) in a statement on his X, formerly Twitter said “The court’s ruling is a step in the right direction and a major corrective action in greasing the wheels of national development across the country.


“The decision by the Federal Government to consolidate disbursements of local councils’ revenues into the state government accounts was a decision that was borne out of politics of hasty compromise.


“I align with the decision of the Supreme Court that the structure of the Nigerian government is portioned in three layers, and of these, the local governments should be centres of development.


“I also share the belief that fiscal autonomy to the local governments should not be limited to revenues from the Federation Accounts, but indeed, should apply to Internally Generated Revenue from the respective local government authorities.


“Many of our states, especially those in the ultra urban areas with high density economic activities, have become notorious in muscling local councils from generating revenue on items that border on motor parks, outdoor advertising, rents and many more.


“The verdict of the court is in tandem with the core functions of the Supreme Court as an arbitration court between and among governments.

You may also like

Leave a Comment

About Us

The Drum Reporter is a leading online news platform with interest cutting across news, politics, sports and current affairs.

Editor' Picks

Follow Us

The Drum Reporter, A Media Company 2023 All Right Reserved. Designed and Developed by ERICLAFIA