Group challenges CBN on payment to Rivers LGAs, others |

SERAP demands the Central Bank of Nigeria immediately disclose whether it has directly disbursed Federation Account allocations to all local government councils, bypassing state governors who have historically intercepted these funds. This request follows a landmark Supreme Court ruling declaring such retention unlawful, emphasizing that local governments are the rightful owners of their share. The group insists that transparency is crucial to ensure compliance with the judiciary’s orders and to prevent states from misappropriating resources intended for grassroots development. The implications for open data are profound, as this case highlights the critical role of Freedom of Information laws in enforcing constitutional mandates and curbing corruption. By challenging the Central Bank to release specific disbursement records, SERAP underscores that access to public financial data is not merely a bureaucratic formality but a fundamental tool for accountability. Without transparent, accessible data on how funds flow through the Federation Account, citizens and oversight bodies cannot verify whether local governments are receiving the resources necessary to function effectively. This situation illustrates how open data initiatives can directly support human rights and the rule of law by exposing systemic failures in public fund management. The potential diversion of these funds exacerbates poverty and undermines the third tier of government, making financial transparency essential for equitable development. Consequently, this article serves as a vital example of how demanding data disclosure can compel institutions to adhere to legal standards, ensuring that public money reaches those it is constitutionally meant to serve.

Source: theeagleonline.com.ng
Published on 2025-05-12

Group challenges CBN on payment to Rivers LGAs, others |

Related news