NFIU Shocks Govs With New Rules On LG Funds

A bold attempt to check corruption in the country’s local government system was unveiled on Monday when the Nigeria Financial Intelligence Unit (NFIU) laid down strict regulations on the withdrawal and utilization of funds from joint state/local government accounts. The joint account which is provided for in the 1999 Constitution as amended has largely been … Continue reading NFIU Shocks Govs With New Rules On LG Funds