“But I think they want to hide under their sister organisation, the EFCC because it has overwhelming powers to prosecute,” he said on Tuesday.to order over funds allocated to all Local Government Areas across the countryIn a statement by the NGF’s spokesman, Abdulrazaque Bello-Barkindo, the governors said the agency was dabbling into a matter that was beyond its mandate.
He alleged that most governors have rubber-stamps the local governments to the extent that about 80 per cent of the states don’t have elected local government chairmen.
The Constitution of NIGERIA was drafted by the military to cause commotions in Nigeria so that they (the military) can come back again
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LG Funds: Governors Ask Buhari To Call NFIU To OrderLG Funds: Governors Ask Buhari To Call NFIU To Order. Stupid and shameless set of thieves!! You guys gat no shame at all thieves
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LG funds: NFIU faults comments, warns against breach of new guidelinesFor the umpteenth time, the Nigerian Financial Intelligence Unit (NFIU) on Wednesday faulted isolated comments against new guidelines on... What is the Interpretation of Section 162 subsections 5, 6, and 7. As noble as the NFIU guidelines are the above section must be amended so as not to promote impunity. My Opinion.
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LG Funds: Again, NFIU Warns Banks, Others on Full Compliance with Financial Regulations - THISDAYLIVEJames Emejo in Abuja The Nigeria Financial Intelligence Unit (NFIU) Wednesday reinforced the June 1, 2019 deadline to all financial institutions, other relevant stakeholders, public servants and the entire citizenry to ensure full compliance with the provisions of the guidelines already submitted to financial institutions and relevant enforcement agencies including full enforcement of corresponding sanctions … Without an amendment to Section 162 subsections 5, 6 and 7 of the 1999 constitution as amended. No doubt the NFIU guidelines are in conflict with the constitution.
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Again, NFIU warns banks, state govts not to tamper with LG fundsThe NFIU had warned banks to ensure that state governments do not tamper with local government funds.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
LG allocations: No going back on 1st of June takeoff date ― NFIU - Vanguard Newslocal government allocations by state governments under the guise of joint account principle, the federal government NFIU vanguardngr How I wish this will work.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
LG Autonomy: No Going Back On June 1st Take–off Date–NFIUThe Nigerian Financial Intelligence Unit (NFIU)yesterday said it’s June 1st deadline for finanal autonomy of local government still stands.The Unit also said it has good understanding of the 1999 constitution that provides that no debit is allowed on any local government funds unless and until the funds are credited to and reached the bank accounts […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Local Government Funds: Governors rise against NFIU, write Buhari - Premium Times NigeriaThe NFIU seeks to stop transactions from state and local governments joint accounts. Where are the Hacktivists when u need them Ole, Governors! Of course! They must rise up to prevent accountability, abuse of LG funds must continue
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Inside NFIU and the new regime stopping states from messing with local govt fundsOn Monday, May 6, Nigeria took a step further to polish its anti-money laundering reputation before the global community when the Nigeria Financial.
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