IfaSoftnews

Seizure of Allocation to States and LGAs: Get the Facts Right In Nigeria, discussions around federal allocation and the authority of the president have stirred debates, especially regarding states creating new Local Government Areas (LGAs). Let's break down the facts in the landmark case Attorney General of Lagos State v. Attorney General of the Federation (S.C.70/2004), which set a precedent on presidential powers about state allocations. Background: What Sparked the Dispute? The legal battle originated when the federal government (FG) at the time (under President Obasanjo) instructed the Minister of State for Finance to withhold federal allocations to states that had created new LGAs. This directive aimed to halt funding to states like Lagos, who had expanded their local government structure. The Supreme Court’s Standpoint The Chief Justice of Nigeria, Justice Uwais, addressed the heart of the dispute. His words resonate clearly: "The President has no such power." The c...

2023  Generated Revenue by Region: A Call for Greater Unity and Economic Collaboration in Nigeria In recent years, Nigeria’s revenue generation has spotlighted the economic disparity among its regions. The latest data on Internally Generated Revenue (IGR) by zone in 2023 reveals a stark contrast in revenue capacities, raising important questions about the unity and economic potential of Nigeria as a nation. Regional Revenue Breakdown According to the recent report, here’s the breakdown of IGR by zone in 2023: South West: ₦1.12 trillion South South: ₦468.74 billion North Central: ₦387.65 billion North West: ₦206.22 billion South East: ₦142.95 billion North East: ₦104.35 billion This data reveals significant economic diversity across the country’s regions, with the South West generating the highest revenue by a considerable margin, followed by the South South and North Central regions. At the lower end, we find the North East, raising ₦104.35 billion, and the South East with ₦142.95 ...