Moghalu highlights the Supreme Court’s verdict on LG autonomy, emphasizing its impact on limiting governors’ power. Read about it here.
Kingsley Moghalu, the former Deputy Governor of the Central Bank of Nigeria, expressed his views on the recent judgement of the Supreme Court regarding the autonomy of local government allocations.
He emphasized that this decision would have a significant impact on the power dynamics between state governors and local governments, reducing the influence of the former.
Moghalu highlighted the importance of promoting local government autonomy for the overall development of Nigeria.
He stressed that direct financial allocation to local governments, without the interference of state governors, is essential for fostering accountability and driving progress at the grassroots level.
In his statement, Moghalu also pointed out the need to address the fundamental issues of federalism in Nigeria.
He highlighted the historical context of the creation of local governments through military decree and called for a national dialogue and negotiations to reevaluate the constitutional framework, drawing attention to the example of India’s federal structure as a potential model for consideration.
