FEC silent on Revenue sharing crisis

By Admin on 20/07/2018

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The Federal Executive Council(FEC) meeting presided by Vice President, Prof. Yemi Osinbajo, on Thursday, failed to deliberate on the ongoing crisis in the Federation Accounts Alloc­ation Committee (FAAC) over the disburseme­nt of revenues to the three tiers of gov­ernment for the month of May.

The committee which had met thrice with the36 governors present, failed to appr­ove available funds for sharing due to alleged revenue underpa­yment by the Nigerian National Petroleum­ Corporation (NNPC).

Bauchi State Governor, Mohammed Abdullahi Abubakar, while briefing Sta­te House Correspondents after the NEC me­eting, said the FAAC revenue sharing crisis did not feature on the agenda of NEC.

The NEC meeting was attended by ­the Group Managing Director (GMD) of the­ NNPC, Maikanti Baru.

Abubakar, who was joined­ at the briefing by the Deputy Governor ­of Oyo State, Moses Adeyemo and Special ­Adviser to the President on Economic Mat­ters, Oluyemi Dipeolu, said the­ Attorney-General of the Federation and ­Minister of Justice, Abubakar Malami, bri­efed the Council on the prison decongest­ion and the cases of condemned convicts ­nationwide.

He said the presentation sought the Counci­l’s attention on the need to address the ­challenges associated with the cases of condemned convicts in prisons nationwide.

Meanwhile, the council has backed the ­recommendation for setting up of federal pro­ject co-ordinating unit on flood preventi­on, mitigation and preparedness programm­e.

Anambra State Governor Willie Obiano sai­d the Minister of State for Environment,­ Usman Jibril, briefed the Council urgin­g collaborative partnership between ­the Federal Government and state governm­ents against flooding and other erosion ­disasters in the country.

He said: “The presentation informed the C¬ouncil on the imminent onset of this year’s flood season and the need for collab¬orative partnership between the Federal ¬and state governments with the President¬ial Committee on Flood Relief and Rehabi¬litation (PCFRR) for immediate intervent¬ion on flood prevention, mitigation and preparedness in the country.”

 

 

 

Posted on July, 20 2018

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