News
FAAC Disburses Local Govts’ January Allocation To States As Direct Transfer To CBN Dedicated Accounts Fails
Statutory monthly allocations will not be directly disbursed to the 774 local governments this month by the Federation Account Allocation Committee (FAAC).
It is due to their inability to meet the deadline for the submission of account details, it was learnt yesterday.
The councils’ January funds would be disbursed through the states, a source said.
However, according to the source, the Universal Basic Education Commission (UBEC) and Primary Health Centre (PHC) would be funded directly from the Federation Account.
FAAC has released N860.252 billion to the state governments for January, out of which N498.498 billion belongs to them and N361.754 billion to the local governments.
A FAAC official, who spoke on the condition of anonymity, said the commission transferred the January allocations to state governments because the councils could not meet the administrative requirements for funds disbursement.
He said: “The January allocation did not go to the local governments but to their state accounts.
“If they have started submitting their accounts, their February allocations will go to them.
“The January allocation has been paid to the state accounts already. That means they didn’t submit their details on time.
“If the councils can move fast and tidy up the loose ends early, they will get their funds directly from next month.
“That will signal the commencement of their autonomy as desired by the Bola Tinubu administration.’’
Another FAAC official said the Office of the Accountant-General of the Federation (OAGF) and other stakeholders were working hard to address the delays in fully complying with the apex court judgment.
He said: ‘’I learnt the process of creating accounts is what is holding the process, but the Federal Government is determined to make sure that local government autonomy becomes a reality. I can assure you that things are moving in the right direction.’’
To prevent governors from mismanaging council funds, an Inter-Ministerial Committee headed by the Secretary to the Government of the Federation (SGF), Senator George Akume, is developing a framework to enforce the Supreme Court judgment.
According to the official, the template will authorise the Accountant-General of the Federation (AGF) to deduct funds meant for primary education, healthcare, and other constitutional responsibilities of local government directly from FAAC allocations and release them to the relevant agencies.
He said: “They (LGAs) have certain obligations like counterpart funding of Universal Basic Education Commission (UBEC) primary schools, health initiatives, and some other responsibilities where they are supposed to contribute a certain portion.
“Eventually, what will happen is that some of these funds will likely be deducted at source and transferred to those respective agencies.”
The OAGF has been collaborating with state governments to assist the LGAs in developing the template aimed at ensuring transparency and accountability in the disbursement and use of council funds.
Despite the progress being made, the activities of the Akume-led inter-ministerial committee have been slowed down by the ongoing budget defence and other pressing engagements involving key government officials.
The source, however, said technical members of the committee are meeting over the template.
Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), had in May last year instituted a case in the Supreme Court seeking full autonomy for local governments.
He prayed the court to stop governors from unlawful dissolution of democratically elected council officials.
Fagbemi accused governors of abuse of power, urging the apex court to give an order expressly stating that the funds of LGAs from the Federation Account should be paid directly to them rather than through the state governments.
Many of the governors, through their Attorneys-General, contested the suit.
On July 11, 2024, the Supreme Court granted financial autonomy to the councils, setting a precedent for grassroots governance.
The ruling aims to curb the undue control over local government funds by governors and ensure transparency and accountability in financial disbursements.
To implement the judgment, the Federal Government directed all local governments to open dedicated bank accounts with the Central Bank of Nigeria (CBN) for the direct transfer of their monthly allocations.
The directive was to bypass state governments entirely and place financial resources under the management of local governments.
Last week, Bello Lawal Yandaki, national president of the Association of Local Governments of Nigeria (ALGON), assured stakeholders that there was no cause for alarm over the failure of the councils to open the accounts.
He attributed the delay to procedural issues on the part of the LGAs.
“The CBN is presently awaiting directives from the Federal Government to open local government accounts for the respective states, which can be done within 24 to 48 hours for each,” Yandaki added.
He said once the accounts are fully operational and the necessary details submitted, the disbursement would proceed without further delay.
News
Couple Kidnapped, One Shot In Ondo Estate Attack
Gunmen suspected to be kidnappers have abducted a couple from their residence in the Iluabo area of Akure North Local Government, Ondo State.
During the attack, which occurred in the early hours of Saturday, February 21, 2026, the assailants shot one person before seizing the victims.
The gunmen had stormed Olaribigba Estate in the community when they whisked Mr Jamiu Olawale and his wife into the bush.
Following the development, which has created tension in the agrarian community, residents protested and barricaded the road leading to the community over the incessant kidnappings and insecurity in the community.
According to sources, the couple had arrived at their residence in an ash-coloured Toyota Camry when they were attacked by the gunmen, who lay in ambush for them.
During the incident, a neighbour of the abducted couple, Patrick Ilumaro, who was seated in front of his residence, was shot by the gunmen while fleeing from the community.
A neighbour of the victims revealed that Ilumaro was swiftly rushed to an undisclosed medical facility where he is currently receiving medical treatment.
While confirming the incident, the Ondo State Police Command disclosed that tactical teams as well as conventional operatives have been deployed to the community.
In a statement issued by the Police Public Relations Officer, Abayomi Jimoh, the operatives are already combing the axis in an effort to rescue the victims and apprehend the perpetrators.
“Concerted efforts are ongoing to ensure the safe return of the abducted persons and bring those responsible to justice.
“Members of the public are urged to remain calm and go about their lawful activities. Meanwhile, the Command urges them to provide credible and actionable information that may assist in the investigation to the nearest police station.”
News
Brake Failure Leaves One Dead, Four Rescued At Abule-Egba
One person died and four others were rescued following a road accident at Ekoro Junction, Abule-Egba, on Friday evening, according to a statement from the Lagos State Traffic Management Authority.
The Director, Public Affairs and Enlightenment Department of LASTMA, Adebayo Taofiq, made this known in a statement issued on the agency’s X handle on Saturday.
According to the agency, the crash occurred at about 7:30 p.m. when an empty MACK tanker suffered a sudden brake failure, lost control and rammed into a Toyota Corolla before crashing into a roadside shop.
LASTMA said the tanker, with registration number EKY 900 XY, collided with a Toyota Corolla marked AAA 823 AY.
The impact caused extensive structural damage to the shop and triggered panic among traders and pedestrians in the area.
“The magnitude of the collision led to the immediate confirmation of one fatality at the scene, while four other trapped persons were extricated from the wreckage through coordinated emergency rescue efforts,” the agency stated.
The authority said it immediately activated its Rescue and Recovery Protocol, deploying specialised operatives to manage the situation.
“Personnel implemented strategic traffic diversion, vehicular evacuation procedures and crowd management in synergy with other emergency responders to forestall secondary incidents and guarantee unobstructed access for rescue operations,” LASTMA added.
It stated that emergency teams carried out rescue operations and provided medical attention to the injured victims.
According to the agency, a heavy-duty tow truck was later deployed to evacuate the damaged tanker and clear debris from the road to restore normal traffic flow.
The agency disclosed that the tanker driver fled the scene shortly after the crash and security operatives have since launched efforts to apprehend the driver and initiate legal proceedings.
“Security personnel from the Nigeria Police Force, Ekoro Division, responded expeditiously, maintaining public order, securing the accident perimeter and assisting in investigative processes aimed at establishing the precise sequence of events that culminated in the mechanical failure and subsequent collision.
“The incident precipitated considerable traffic congestion extending across adjoining routes toward Abule-Egba, necessitating robust traffic management interventions by LASTMA officials who remained on ground directing vehicular movement and implementing diversion strategies to alleviate the backlog,” it said.
According to the agency, its General Manager, Olalekan Bakare-Oki, expressed condolences to the family of the deceased and urged transport operators, particularly drivers of articulated vehicles, to prioritise routine vehicle maintenance.
“Preventable mechanical deficiencies remain a significant contributory factor in severe road traffic crashes,” Bakare-Oki said.
He also advised motorists to exercise vigilance, obey traffic regulations and maintain responsible driving practices, especially within densely populated commercial corridors.
Bakare-Oki assured the public that security agencies would conduct a thorough investigation to determine the immediate and remote causes of the incident and ensure that anyone found culpable would be prosecuted in accordance with extant laws.
The agency said other emergency responders at the scene included the Lagos State Emergency Management Agency, the Lagos State Fire and Rescue Service, the Lagos State Ambulance Service, the State Environmental Health Monitoring Unit and officers of the Nigeria Police Force, collaborated to coordinate rescue, medical response and environmental safety measures.
News
Court Sets Feb 25 For El-Rufai’s Arraignment In DSS Cybercrime Case
The Department of State Services (DSS) will arraign former Governnor of Kaduna state, Nasir El-Rufai, on February 25 over alleged cybercrime and breach of national security.
Justice Joyce Abdulmalik of the Federal High Court has fixed the date for the arraignment of the former Governor on a three-count criminal charge filed by the Department of State Services (DSS) after the Chief Judge, Justice John Tsoho assigned the case to her.
NAN earlier reported that the DSS, on Monday, filed a three-count criminal charge against El-Rufai following his alleged involvement in wiretapping the telephone lines of the National Security Adviser (NSA), Mallam Nuhu Ribadu.
The charge, instituted by the Nigerian secret police, is marked FHC/ABJ/CR/99/2026.
The service accused El-Rufai of breaching the Cybercrimes Prohibition Act (2024) and the Nigerian Communications Act (2003.)
In court, El-Rufai was alleged to have, on Feb. 13, while appearing as a guest on Arise TV station’s Prime Time Programme in Abuja, admitted during the interview that he and his cohorts unlawfully intercepted the phone communications of the NSA, Mr Ribadu.
The offence is said to be contrary to and punishable under Section 12(1) of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024.
-
News2 days agoMaureen Badejo To Appear Before Federal High Court Tomorrow On Defamation, Cybercrime Charges
-
Health1 day agoFG Launches Salt-Reduction Campaign In Lagos To Combat Hypertension
-
News1 day agoCourt Sets Feb 25 For El-Rufai’s Arraignment In DSS Cybercrime Case
-
News2 hours agoCouple Kidnapped, One Shot In Ondo Estate Attack
-
News6 hours agoBrake Failure Leaves One Dead, Four Rescued At Abule-Egba
-
Entertainment4 hours agoTikTok Star Peller Escapes Unhurt After Fire Guts Generator At Lagos Mansion
