Speaking on Thursday, Edun
explained that the development is due to some “practical impediments”.
He spoke during the quarterly
media briefing on recent economic activities in the country.
This comes weeks after the
Supreme Court ordered the Nigerian Government to directly pay allocations to
local government accounts.
The Supreme Court said it was
illegal for state governments to receive allocations on behalf of local
governments.
The landmark judgement,
delivered by Justice Emmanuel Agim, emphasized that the practice contravenes
the financial autonomy of local governments and has persisted for over two
decades.
The apex court’s decision
mandates that all allocations from the Federation Account should henceforth be
paid directly to the 774 local government councils across the country, rather
than being filtered through state governors.
However, the Coordinating
Minister of Economy said the judgment was yet to be handed over to the Attorney
General of the Federation (AGF) for proper study and implementation.
Edun said a committee has been
set up by the Federal Government to look at the practicability of the judgment.
“The actual proceeding has not
been handed down to the AGF,” Edun said.
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