Legal Action Initiated Against CBN for Alleged Non-Compliance with Supreme Court Ruling on LG Funds
The Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the Central Bank of Nigeria (CBN) for allegedly refusing to provide details on financial allocations made directly to Nigeria’s 774 local government councils. This lawsuit follows a landmark Supreme Court decision in July 2024 mandating that funds from the Federation Account be sent

