Governors Troubled Over Continuous Deadlock In FAAC

'Dotun Akintomide
Writer
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The deadlock in the meeting of Federation Account Allocation Committee (FAAC) and the issue of national minimum wage were some of the troubling issues that occupied Nigerian governors on Wednesday.

The Nigeria Governors’ Forum (NGF) met on Wednesday night in Abuja to discuss matters.

It would be recalled that the June monthly meeting of FAAC in Abuja ended in a deadlock.

The FAAC monthly meeting is the forum where money is shared among the federal, states and local governments.

Also on the meeting agenda was presentation by the Chief Executive Officer of EduMarshals, on replicating EduMarshals education project at the state level.

The Postmaster General was also expected to make presentation at the meeting on the Nigerian Postal Service in maximising revenue potential through electronic stamp solution, digital addressing system and addressing verification system.

The governors were also expected to be briefed by World Bank Country Director, Dr Rachid Benmessaoud, on ”the States Fiscal Transparency and Accountability Sustainability (FSTAS).

Meanwhile, State Commissioners of Finance, who are key stakeholders in the Federation Account Allocation Committee (FAAC) are seeking to stop the Nigerian National Petroleum Corporation (NNPC) from collecting and remitting royalties into the Federation Account.

This followed recurring conflicts in the figures the corporation has been declaring in recent months.

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