Politics
Governors May Sue NFIU Over LG Funds
Governors of the 36 states under the aegis of the Nigerian Governors’ Forum (NGF) may take the Nigerian Financial Intelligence Unit (NFIU) to court over its directive that they should not tamper with funds accruing to Local Government Areas from the Federation Accounts, according to The Tide’s source.
The decision to approach the court may, however, wait until the governors exploit their option to use dialogue to resolve the issue.
The source learnt that one of the means of dialogue reached at the meeting of the NGF in Abuja was for its leadership to meet with President Muhammadu Buhari over the NFIU directive.
The NGF, it was also learnt, discussed the possibility of meeting with the Attorney General of the Federation and Minister of Justice, Abubakar Malami, to inform him about what they considered as the illegality of the NFIU’s directive.
The new Chairman of the NGF, who is also the Governor of Ekiti State, Dr Kayode Fayemi, told the source that the possibility of approaching the court had not been ruled out on the matter.
He however stated that the forum would explore all avenues before considering legal option.
“The possibility of approaching the court on the issue is high and has not been ruled out. But we will explore all the avenues for dialogue first. June 1, which the agency gave as the date for implementation of the directive to banks and the LGAs, is fast approaching,” Fayemi said.
Under Nigeria’s revenue sharing formula, the Federal Government takes 52.68 per cent from the federation account, the 36 states 26.72 per cent, while 20.60 per cent is handed to the 774 councils.
However, governors created a join account with local governments in their states through which they control what comes to the LGAs.
The NFIU, on May 1 issued a guideline to reduce vulnerabilities created by cash withdrawals from local government funds throughout the country.
The guideline, amongst others, seeks to systematically restore council’s financial autonomy. It also limited the cash amount that could be withdrawn from any local government to N500, 000 a day.
But the outgoing chairman of the NGF, who is also the Governor of Zamfara State, Abdulaziz Yari, maintained that the NFIU order issued governors not to touch revenues disbursed to local governments every month from the federation account, was unconstitutional.
He said they would take the matter to Buhari to let him know the agency constitutionally lacks power to issue such orders.
“The Forum is concerned with recent guidelines of the Nigerian Financial Intelligence Unit which seeks to impose restriction on the powers of states and local governments to operate within constitutionally approved parameters.
“The new guidelines have no legal basis under the NFIU Act and are contrary to constitutional provisions which put the State Joint Local Government Account under the legislation of the state Houses of Assembly.
“The guidelines will also be detrimental to the interest of the states and local governments by crippling programmes such as the Universal Basic Education programme, Primary Health Care Under One Roof as well as the payment of the salaries of teachers, medical doctors and health workers among others which are primarily funded by State Governments”, he concluded.
Politics
Cleric Tasks APC On Internal Stability, Warns Otti
He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
Politics
DEFECTION: DON’T HIDE UNDER OLD SENTIMENTS TO FIGHT DIRI – AIDE
Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
-
News12 hours agoWe’ll Crush Bandits, Restore Peace In The North, Tinubu Vows
-
Rivers11 hours agoNBA Seeks End To Mass Abductions, Targeted Killings
-
Business11 hours agoMAN Tasks Rivers, Bayelsa On Blue Economy
-
Environment11 hours ago
Tribunal Acknowledges losses in Rare species Across the globe …urges for government Action
-
News12 hours agoFUBARA EXTOLS FORMER PRESIDENT JONATHAN ON BIRTHDAY
-
Rivers11 hours agoFisherman Gets Thumbs-Up Over Patent Creation
-
Business11 hours agoFG Reaffirms Nigeria-First Policy To Boost Local Industry, Expand Non-oil Exports
-
News3 days agoMAN Tasks Rivers, Bayelsa On Blue Economy
