Intro: Sources of fund for Local Governments in Nigeria comes to mind as the debate and conflicts on minimum wage in Nigeria is still raging with the Labour Union threatening fire and brimstone since May, 2024 to go on strike if the central government refuses to abide by their demand for a new national minimum wage to the tune of ₦250,000. This is because the Association of Local Governments of Nigeria (ALGON) has joined the matter saying that Local Governments won't be able to pay the proposed minimum wage due to their lean pockets. So far in the negotiations, the Federal Government of Nigeria has offered ₦62,000 from the current ₦30,000 minimum wage. It appears however that the Labour Union is now shifting ground as President Tinubu hinted in his June 12, 2024 Democracy Day speech that an agreement has been reached on a new minimum wage. Yes, it must have to be so because the Federal Government has always insisted that the figure being demanded by the Labour Union is unsustai
...so, why ask why?