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State Governors Lose Yet Another Bid to Control LGA Funds

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The Federal High Court on Monday declined to restrain the Nigerian Financial Intelligence Unit (NFIU) from implementing its recent guidelines on local government funds.

The judgment by John Tsoho of the Abuja Division marked yet another setback to the nation’s 36 governors in their effort to keep control of local government finances in their respective states.

In a guideline that took effect on June 1, the NFIU directed banks not to honour transactions in the joint accounts of state and local governments. It said such accounts should only be used to distribute allocations to accounts of local governments directly.

The Nigeria Governors Forum (NGF) recently sued the NFIU, saying the directive was illegal because it contradicted the Constitution.

The Constitution prescribed joint ownership of account between a state and all local government areas under it, but there have been claims that the governors have been mismanaging the funds by bullying local authorities into silence.

At the resumed hearing on the matter on Monday, Mr Tsoho declined to allow the governors continue to draw funds from local government accounts until the matter had been concluded by the court, which could take several months or even years.

Further hearing on the matter could not continue on Tuesday, after the lead lawyer for the governors, Lateef Fagbemi, failed to appear in court on excuses that he was handling another matter at the Presidential Election Petitions Tribunal.

Although there was an initial agreement by all parties to wait for Mr Fagbemi, who had promised to appear in court before noon, the court eventually adjourned the matter when he did not show up.

A further hearing had been adjourned till October 23 for all applications, including one challenging the court’s jurisdiction, to be heard.

The NFIU had on May 6 issued ‘Guidelines to Reduce Vulnerabilities Created by Cash Withdrawals from Local Government Funds throughout Nigeria,’ which sought to stop governors from tampering with funds meant for local government areas forthwith.

Despite the stiff opposition by the governors, including several meetings with President Muhammadu Buhari, the guidelines took effect from June.

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2027: In spite of Court Ruling, Atiku Takes ADC Campaign to Kebbi

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The African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has pledged to restore fuel subsidy, improve security and create employment if elected president in 2027.

Atiku made the pledge on Thursday during a campaign rally in Kebbi State, where he called on voters to support the ADC, describing it as the only party committed to addressing the three issues.

“The people of Kebbi State, let me ask you a few questions. Do you want the return of subsidy? Do you want security? Do you want employment? Therefore you have no option other than the ADC. ADC is the only political party that is committed to these three objectives and more to bring about prosperity, unity and peace to the people of our country,” he said.

The former Vice President and his running mate also criticised some projects being presented as achievements of the President Bola Tinubu administration, describing them as legacies of the late President Muhammadu Buhari.

Supporters of the ADC gathered at the party’s secretariat in Birnin Kebbi to welcome Atiku and other party chieftains ahead of the rally.

Speaking at the event, the Director-General of the ADC Presidential Campaign Council, Senator Austin Akobundu, commended party faithful for what he described as their resistance to intimidation by the state government.

Akobundu said the 2027 general elections would be a referendum between suffering Nigerians and the Federal Government under President Tinubu.

The ADC National Chairman, in his remarks, described the party as a moving train that no amount of intimidation could stop.

He called on the people of Kebbi State to vote for Atiku as president, Abubakar Malami as governor and other ADC candidates in the 2027 general elections.

The rally ended with the ADC National Chairman formally presenting the party’s flag to Malami as the party’s governorship candidate for the 2027 election.

The campaign in Kebbi came hours after a Federal High Court in Abuja nullified the leadership of the Senator David Mark-led ADC and voided the actions taken by the party’s executives, including the process that produced Atiku as its presidential candidate.

Justice Peter Lifu delivered the judgment in a suit filed by Nafiu Bala Gombe, a former National Deputy Chairman of the party, who challenged the emergence of the Mark-led leadership.

Atiku rejected the ruling, describing it as an attempt to weaken his political support and frustrate his campaign. He said he would challenge the judgment at the Court of Appeal.

The ADC also rejected the decision, accusing the ruling All Progressives Congress (APC) of attempting to cripple the opposition and vowing to challenge the judgment through all available judicial processes.

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Atiku Condemns Judgment Nullifying Mark’s ADC Leadership, Says the Panic is Real

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The Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, has condemned Thursday’s court judgment purporting to remove Senator David Mark’s leadership of the party, describing it as a calculated attempt to weaken the ADC and frustrate his candidacy.

In a statement issued by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said the timing of the judgment was telling. It came barely a day after a mammoth crowd turned out in Sokoto to welcome him and attend the launch of the ADC campaign.

“The people of Sokoto came out in their thousands because they are hungry for change and believe in our promise to make life affordable again. What we witnessed in Sokoto is only the beginning. The people of Kebbi will have their say, and so will Nigerians across the country as our campaign moves forward.

“My roots are in Northern Nigeria, but my candidacy belongs to all Nigerians. There is a difference between being from the North and being a candidate only for the North. Hunger and hardship do not respect regional boundaries. Nigerians across the country are suffering under this government, and they deserve a leader with a credible plan to make life affordable again.

“The timing of this judgment is no coincidence. It is part of a strategy to weaken my support in the North and frustrate a campaign whose message is resonating across the country. But the ruling party’s greatest miscalculation is to assume that my support ends in the North. What we saw in Sokoto, what we will see in Kebbi and across the country, is the strength of a national movement.”

Atiku said the judgment also raises serious legal concerns.

“Justice Musa Liman of the same Federal High Court had already dismissed the challenge to the David Mark-led leadership in Suit No. FHC/ABJ/CS/1637/2025. The court upheld the defendants’ objections on jurisdiction, standing and the failure to exhaust internal party remedies, and resolved the substantive issues in their favour. Why, after that judgment, was another case filed to reopen the same dispute? This is a calculated attempt to circumvent a subsisting judgment. We will challenge this judicial manoeuvre at the Court of Appeal.”

Atiku urged ADC supporters to remain calm and law-abiding and not to let the judgment weaken the momentum generated in Sokoto. The campaign train is already in Kebbi and will continue across the country.

“Our journey to rescue Nigeria from the hardship imposed by the APC government is a long one. Our Affordable Life campaign will continue because Nigerians deserve relief from this crushing cost-of-living crisis. We urge our supporters to remain resolute, take our message from house to house and door to door, and stay peaceful and focused. There is no shaking.”

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Tinubu Seeks Senate Approval for $7.7bn External Borrowing

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President Bola Tinubu has requested the Senate to approve the implementation of an external borrowing plan of $7.7 billion.

At an exchange rate of N1,400 to the dollar, the money amounts to about N10.79 trillion

The President said the funds are to part-finance the N20.2 trillion budget deficit.

The new request, according to the Senate President, replaces the $20.52 billion loan request presented last week.

The request has been referred to the Committee on Local and Foreign Debts for further legislative action.

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