Reports that Local Governments in Nigeria have begun the process of opening accounts with the Central Bank of Nigeria, CBN, to enable them receive direct Federal allocations, is indeed cheery. Local governments across the Nigeria are believed to have been ‘suffocating’ under the alleged chokehold of state governors who have been severally accused of meddling in LGs’ finances. The move to ensure that LGAs in Nigeria get their allocations directly from Abuja, follows the judgement of the Supreme Court on July 11, 2024, that affirmed the financial autonomy of Nigeria’s774…
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Family Accuses Ecobank staff In Owerri Of Allegedly Aiding, Abetting Fraudulent Withdrawal of Over N4m From Deceased’s Bank Account.
…Seeks legal redress The family of late Ezeoti Nnamdi Benjamin, who hails from Ibollo Oraifite in Ekwusigo Local Government Area of Anambra State has accused the management and staff of Ecobank Nigeria Plc of complicity in the alleged withdrawal of N4million from the deceased’s account less than twenty four hours after his demise on August 20, 2017. The family made the revelation in a letter written by their lawyers, Awuka Okafor and company, dated August, 31, 2017 and addressed to the Branch Manager, Ecobank PLC, Douglas Road, Owerri. The…
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