Reps Demands Full Disclosure on Hidden Fed Cash Inflows to States, LGAs Since 2023
[NigerianEye - Nigeria] - 21/10/2025
The House of Representatives has issued a stern ultimatum to the Minister of Finance and the Governor of the Central Bank of Nigeria (CBN). The lawmakers are demanding a comprehensive report on all non-Federation Account Allocation Committee (FAAC) interventions funneled to states and local government areas (LGAs) since 2023, amid growing fears that billions of naira in off-the-books support could be fueling mismanagement and eroding public trust.The resolution, adopted unanimously during Tuesday's plenary session, stems from a motion sponsored by Hon. Abdussamad Dasuki, representing (…)
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