Governors under the umbrella of the Nigeria Governors Forum( NGF) met last night over the rising insecurity in the country and the Nigerian Financial Intelligence Unit (NFIU) guidelines.
Recall that the governors’ recently met President Muhammadu Buhari over the rising insecurity in the country.The governors last night reviewed their meeting with the president.
Also the NFIU had on May 6 announced new guidelines which would make the joint account system currently in use by states and local governments only exist for the receipt of allocations from the federation account but not for disbursement.
By implication, governors had lose control of local government funds. This is part of the measures put in place by the federal government to guarantee the much desired local government autonomy.
The new measures would place a daily cash transaction limit of N500,000 for each of the LGAs, and this would be registered and monitored by the NFIU through e-payment module.
Other items on the agenda are “1 Day workshop on World Bank’s engagement with states, 1-Day IGR retreat for governors and chairmen of state boards of internal revenue ,governors meeting with leadership of Bill and Melinda Gates Foundation, and, update on PHCOUR and other health related matters.
By Jonathan Nda-Isaiah