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LG Fund: New Law Creates Monitoring Instrument From Kola Ologbondiyan in Abuja The Senate yesterday passed into law an act to provide for the monitoring of revenue allocation to local government councils from the Federation Account and for other matters connected with a provision that where a state defaults in the allocation or distribution to any local government, such amount shall be a first charge on the state's next allocation from the Federation Account and shall be credited directly to the affected local government. The Senate Committee on National Planning, Economic Affairs and Poverty Alleviation Chairman, Senator Udoma Udo Udoma, in presenting the bill that was an outcome of the public hearing of the executive bill earlier received by the Senate, also prescribed the membership of the Joint Local Government Account Allocation Committee for each state. The committee would consist of the commissioner or any officer delegated by the governor of the state charged with the responsibility for local government in the state who shall be the chairman; a representative of Revenue Mobilisation, Allocations and Fiscal Commission provided that the nominated member shall not serve in his own state; all local government chairmen to represent all the local governments in the state. Other members are the accountant-general of the state; a representative of the Accountant-General of the Federation; a representative of the state revenue board; the permanent secretary of the state ministry charged with the responsibility for local government or such officer as may be designated by the chairman shall be the secretary of the committee. The law charged the committee to "ensure that allocations made to the local government councils in the state from the Federation Account and from the State concerned are promptly paid into the state joint local government account." It also states "that the funds paid into the state joint local government account are distributed to the local government councils in accordance with the provisions of the Constitution of the Federal Republic of Nigeria 1999 and any law made in that behalf by the House of Assembly of the State. The committee would also "monitor the payment and distribution of the funds mentioned above so as to ascertain the actual amount payable and actually paid to each local government." Who Are We ? | About THISDAYOnLine.com | THISDAY People | Contact Us © Copyright 2000 Leaders & Company Limited

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