deposit 5000
slot deposit 5000
slot gacor situs toto
togel online
toto 4d
situs slot toto 4ddemo slot gacorslot 88
slot gacor slot gacor
slot gacor
brenjitu
slot gacor
situs toto
situs toto
SITUS TOTO
situs toto
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot gacor
slot pulsa
hongkong lotto
slot gacor
brenjitu
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
slot 4d

Direct disbursement of LG funds yet to begin – Wale Edun

Onwubuke Melvin
Onwubuke Melvin

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the Supreme Court’s proceedings granting financial autonomy to Local Governments is yet to be conveyed to the Attorney-General of the Federation to examine and put into effect.

This disclosure was made by Edun while addressing pressmen in Abuja on Thursday, according to The Punch.

He also said that the federal government’s revenue for the first half of 2024 has surpassed its financial targets.

A seven-man panel of the Supreme Court made the landmark decision on July 11, 2024, which was, however, opposed by some state governors.

Edun clarified that further actions will be taken after all the information was available, adding that the process was still in its early stages. A committee of the Federal Government was established to assess the judgment’s practicability.

“The actual proceeding has not been handed down to the AGF,” the finance minister stated.

This means that until the committee has had a chance to thoroughly examine the Supreme Court’s proceedings, the direct disbursement of funds to Local Governments—which was originally anticipated to start at last week’s monthly meeting of the Federation Account Allocation Committee—will not take place.

Edun said, “The President is a democrat, he believes in federalism, he believes in fiscal federalism. What has come to pass now is a new regime, a new fiscal regime, where through the state joint Local Government account, funding will go directly to the Local Governments.”

According to Edun, a commission made up of the Attorney General, officials from local, state and federal government, is working on the implementation. He did point up certain practical difficulties, such as the requirement that the payments be received by duly elected Local Government officials.

The Minister highlighted the Federal Government’s accomplishments in fiscal management and revenue generation, given difficult global economic conditions, while also highlighting other significant accomplishments and strategic projects.

He said, “I am pleased to report that our efforts have yielded tangible results. Aggregate Federal Government revenue for the first half of this year has more than doubled compared to the corresponding period in 2023.”

He credited this accomplishment to the adoption of strict fiscal policies and changes meant to improve the effectiveness of revenue collection in a number of industries.

Edun underscored the diversification of revenue sources away from oil-dependent income, noting that non-oil revenues in the same period were 30 per cent higher than the budgeted expectations.

“This underscores our commitment to reducing reliance on volatile oil revenues and expanding our tax base,” he added


TAGGED:
Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

situs totoslot thailand situs totoslot gacor situs toto slot online situs toto demo slot gacor situs slot gacorsitus 4d situs totoslot gacorslot gacorslot gacorslot gacorslot gacor
slot gacor
slot gacor situs toto
togel online
toto 4d
situs slot slot demo pgslot 88
slot gacor slot gacor
slot gacor
brenjitu
situs toto
situs toto
SITUS TOTO
toto macau 4d
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot pulsa
hongkong lotto
slot gacor
slot gacor
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
situs totoslot gacordemo slot situs slot gacor
slot66
slot gacor
situs slot gacor
slot gacor
scatter hitam
scatter hitam
slot gacor scatter hitam
scatter hitam
situs slot gacor pulsa
situs baru slot gacor

Hacklinkgrandpashabet
grandpashabet
Deneme Bonusu Veren Siteler
meritking
setrabet
Hair Transplant istanbul
da pa kontrolü
casibom
güvenilir bahis siteleri
Vozol Puff
iqos terea
instagram takipçi
takipçi
antalya escort
ankara escort
bursa escort
izmit escort
viagra
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu 2024
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
betnano giriş
bahçelievler nakliyat
istanbul evden eve nakliyat
istanbul bahçelievler evden eve nakliyat
hair transplant
Gebze Escort
casibom mobil
casibom güncel
ligobet girişfixbet girişSahabet
?>

Hacklinkgrandpashabet
grandpashabet
Deneme Bonusu Veren Siteler
meritking
setrabet
Hair Transplant istanbul
da pa kontrolü
casibom
güvenilir bahis siteleri
Vozol Puff
iqos terea
instagram takipçi
takipçi
antalya escort
ankara escort
bursa escort
izmit escort
viagra
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu 2024
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
betnano giriş
bahçelievler nakliyat
istanbul evden eve nakliyat
istanbul bahçelievler evden eve nakliyat
hair transplant
Gebze Escort
casibom mobil
casibom güncel
ligobet girişfixbet girişSahabet
Hacklinkbetsat
betsat
betsat
holiganbet
holiganbet
holiganbet
Jojobet giriş
Jojobet giriş
Jojobet giriş
casibom giriş
casibom giriş
casibom giriş
xbet
xbet
xbet
grandpashabet
grandpashabet
grandpashabet
tuzla evden eve nakliyat
İzmir psikoloji
creative news
Digital marketing
radio kalasin
radinongkhai
gebze escort
grandpashabet
grandpashabet
casibom güncel giriş
casibom
bets10 güncel giriş
jojobet
sultanbeyli çekici
beylikdüzü escort
setrabet
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
deneme bonusu veren siteler
instagram followers buy
casinolevant
betnano giriş
casibom giriş
casibom
casibom
Meritking
meritking
deneme bonusu veren siteler 2024
casibom