Governors Troubled Over Continuous Deadlock In FAAC

'Dotun Akintomide
Writer
new-diplomat default image
new-diplomat default image

Ad

Foiled Coup in Benin: Several Soldiers Arrested as Government Asserts Control

By Abiola Olawale Authorities in Benin have reportedly arrested several soldiers following a swift operation to foil an attempted military coup on Sunday. Military and security sources confirmed the arrests, which reportedly include the ringleaders of the short-lived coup that briefly plunged the West African nation into uncertainty. One source said 13 arrests had been…

France Vows to Intensify Counter-Terror Aid for Nigeria

By Abiola Olawale French President Emmanuel Macron has announced a pledge to intensify counter-terror assistance to Nigeria, signaling a renewed commitment to the fight against extremism in the country. Marcon made this known following a discussion with President Bola Tinubu. In a tweet on Sunday, Macron said he had conveyed France’s solidarity with Nigeria in…

Nigeria Slams Attempted Coup in Benin Republic, Says it’s an ‘Assault on Democracy’

By Abiola Olawale The Federal Government of Nigeria has condemned the attempted change of government in the neighbouring Republic of Benin, describing the military action as a direct "assault on democracy" and constitutional order in West Africa. ​The rebuke from the Nigerian government comes hours after a small group of soldiers, who described themselves as…

Ad

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.

Ad

X whatsapp