Legal practitioner, Mike Ozekhome (SAN), on Friday, advocated for the creation of separate bank accounts for Nigeria’s 774 local government areas to facilitate the direct disbursement of their Federation Account Allocation Committee (FAAC) allocations.
Ozekhome’s call comes in the wake of a recent Supreme Court ruling granting financial autonomy to local governments.
The apex court’s decision outlawed the appointment of caretaker committees by state governors and declared the joint state and local government account illegal.
