SERAP Demands CBN to Disclose Direct Payments to LGAs

Posted: 2025-05-11 18:12:56 UTC

@The Guardian NigeriaGuardianNigeria

#Transparency

#Accountability

#Nigeria

#LocalGovernment

#CBN

#SERAP

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Last Updated

2025-05-11 18:13:21 UTC

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TL;DR;

SERAP is requesting CBN Governor Olayemi Cardoso to reveal if the CBN has started directly disbursing Federation Account allocations to Nigeria’s 774 local government councils and to publicize the amounts disbursed to each council.

Key Impact Areas

Transparency in government finances

Direct disbursement of funds to local government councils

Accountability of the CBN

Challenges

Lack of transparency in fund disbursement

Potential misuse of funds at the local government level

Ensuring accountability of public funds

SERAP Demands CBN to Disclose Direct Payments to LGAs

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