The details of the Executive Order No. 10 of 2020 signed by President Muhammadu Buhari has been released by the federal government.
The order which was signed into law by the President, a few days ago, signaled the implementation of Financial Autonomy for the State Legislature and Judiciary Order of 2020.
Following the decision of the President, the legislative and judicial arms of government in the 36 states of the federation will no longer have to wait on State governors for funds.
President Buhari while speaking on the reason for his decision, hinted that his decision was based on Section 5 of the Constitution of the Federal Republic of Nigeria 1999 (as Amended).
The document stated that without prejudice to any other applicable laws, legislations and conventions at the State tier of Government, which also provides for financial autonomy of State Legislature and State Judiciary, allocation of appropriated funds to the State Legislature and State Judiciary in the State appropriation laws in the annual budget of the State, shall be a charge upon the Consolidated Revenue Fund of the State, as a First Line Charge.
It stressed that the Accountant-General of the Federation should by the Order and such any other Orders, Regulations or Guidelines as may be issued by the Attorney-General of the Federation and Minister of Justice, authorise the deduction from source, in the course of Federation Accounts Allocation from the money allocated to any State of the Federation that fails to release allocation meant for the State Legislature and State Judiciary in line with the financial autonomy guaranteed by the Constitution.
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