The House of Representatives has mandated its relevant Committees to probe into states’ spending and utilisation of the increased allocation from the Federal Account Allocation Committee (FAAC).
This resolution followed the adoption of a motion brought under matters of urgent public importance moved by the member representing Shomolu Federal Constituency, Lagos State, ADEMORIN KUYE, at a plenary session.
Presenting the motion, KUYE noted that the amount shared by the three tiers of governments from FAAC has increased significantly, owing to the withdrawal of fuel subsidy, floating of the naira and other economic policies introduced by the President BOLA TINUBU-led administration.
The lawmaker noted that states and local governments received a total of 6.57 trillion naira in 2023 which doubled the 3.16 trillion naira they collected in 2022.
He expressed concern that despite the availability of more cash to the states, millions of citizens continue to wallow in poverty as most of the states with increased allocation face significant challenges in payment of salaries, and effective management of public institutions while the unemployment rate has increased to over 51 per cent in some of them.
Following the adoption of the motion, the House mandated its Committees on Special Duties, National Planning and Economic Development and Inter-Governmental Affairs to investigate state spending and utilisation of the increased allocation from FAAC and report back to the House within four weeks for further legislative action.