{
  "id": 13881134,
  "title": "2027: Hold Govs accountable for increased FAAC revenues – Onuigbo laments seizure of LG funds",
  "url": "https://urgent.news/2026/10/12/2027-hold-govs-accountable-for-increased-faac-revenues-onuigbo",
  "topic": "world",
  "section": "World",
  "published": "2026-10-12T05:08:59.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/12/2027-hold-govs-accountable-for-increased-faac-revenues-onuigbo-laments-seizure-of-lg-funds/"
  },
  "original_language": "en",
  "account": "Former legislator Sam Onuigbo has called on Nigerians to hold state governors accountable for the increased financial revenues they have received since the removal of the petroleum subsidy, despite persistent economic hardships. In a statement made in Abuja, Onuigbo, who sponsored Nigeria’s Climate Change Act 2021, emphasized that state governors must allow local government councils to receive their rightful share of the funds allocated by the Federal Account Allocation Committee (FAAC).\n\nCurrently, only Borno State Governor Babagana Zulum and Lagos State Governor Babajide Sanwo-Olu permit local governments to directly receive the full value of FAAC funds. Onuigbo expressed concern over the continued use of Joint Account Committees (JACs) by state governors to withhold funds from councils, arguing that this practice stifles local development efforts.\n\nThe former Finance Commissioner in Abia State lamented that the Federal Government receives 52.68 percent of the FAAC revenue, while state governments take 47.32 percent (20.60 percent for states and 20.60 percent for local governments). Onuigbo questioned the fate of the considerable revenues allocated to state governors, particularly the portion designated for local governments, and suggested that the lack of funds contributed to the economic downturn, unemployment, and insecurity in rural areas.\n\nHe argued that when local governments receive necessary funds, they can invest in agriculture, construct infrastructure like rural roads, and identify potential troublemakers, thus reducing the burden on state and federal agencies. Onuigbo urged voters to hold state governors accountable for the financial boost received during President Tinubu’s administration, asserting that a collaborative effort among local, state, and federal levels would lead to overall development and reduce rural-to-urban migration and unemployment.",
  "summary": "A former two-term member of the National Assembly, Sam Onuigbo, has tasked Nigerians to hold state governors responsible as economic hardship persists in the country despite the huge financial inflows accruing to them from the removal of the petroleum subsidy. Onuigbo, the sponsor of Nigeria’s Climate Change Act 2021, made the assertion in a statement […] 2027: Hold Govs accountable for increased…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}