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FAAC: States insist on NNPC’s transparency

FAAC: States insist on NNPC’s transparency

ABUJA—State governments, weekend, insisted on transparency in the remittance of oil revenues by Nigerian National Petroleum Corporation, NNPC, into the Federation Account.
The post FAAC: States insist on NNPC’s transparency appeared first on Vanguard News. …

Again, FAAC meeting ends in deadlock

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For the third time in a row, Federation Accounts Allocation Committee, FAAC, meeting was deadlocked as state commissioners for finance rejected the revenue put on the table by revenue agencies.
The post Again, FAAC meeting ends in deadlock appeared first on Vanguard News. …

How we paid June salaries without FAAC – Wike

How we paid June salaries without FAAC – Wike

Chukwudi Akasike, Port Harcourt RIVERS State Governor, Nyesom Ezenwo Wike, said that his administration was able to pay the salaries of civil servants in June 2018 despite the absence of any release from the Federal Accounts Allocation Committee. Wike explained that his government was able to pay workers as a result of its careful financial […] …

FAAC suspends meeting indefinitely

FAAC suspends meeting indefinitely

The monthly Federation Account Allocation Committee (FAAC)  meeting has been suspended indefinitely. Yesterday’s scheduled  meeting was the briefest, lasting less than an hour. Addressing reporters, Chairman of Commissioners Forum, Mr. Mahmood Yunusa said the meeting can only be reconvene after “the process is strengthened.” According to him, “the next meeting is a function of whenRead More
The post FAAC suspends meeting indefinitely appeared first on The Nation Nigeria. …

The Big 5: NASS defends move to strip President of powers to order asset forefeiture, APC dismisses PDP’s coalition and other stories

The Big 5: NASS defends move to strip President of powers to order asset forefeiture, APC dismisses PDP’s coalition and other stories

These are the stories you should be monitoring today: The National Assembly has defended its move to strip the President …
Read » The Big 5: NASS defends move to strip President of powers to order asset forefeiture, APC dismisses PDP’s coalition and other stories on YNaija …

“Buhari’s Incompetence Is To Be Blamed For The Issues In FAAC” – PDP

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The Peoples Democratic Party (PDP) has blamed President Buhari’s incompetence for the deadlock at the Federal Accounts and Allocation Committee (FAAC) meeting which could get workers to lose their June salaries. According to the party, the entire issue at FAAC was birthed from President Buhari allowing funds to be looted in the oil sector. ‘It […]
The post “Buhari’s Incompetence Is To Be Blamed For The Issues In FAAC” – PDP appeared first on LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS. …

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