FEDERAL ACCOUNTS ALLOCATION COMMITTEE MEETING ENDS WITHOUT SHARING ALLOCATIONS

“Gentlemen of the Press, I have been directed to inform you that the usual media briefing at the end of FAAC meetings will not hold. Another date will be communicated to you when the committee is ready to brief the Press,” Dodo said.

The spokesman also refused to take questions from journalists who were anxious to know why the briefing, which usually presents the details of the allocations to the three tiers of government, was cancelled on short notice.

Penpushing also observed that, all members of the committee sneaked out from the venue at the Ministry of Finance auditorium, apparently to avoid any contact with journalists, but the Chairman of the Commissioners of Finance Forum of FAAC, Mahmoud Yunusa, told journalists that they were breaking to go and consult their principals, the state governors. He, also, failed to give reasons why the meeting ended the way it did.

Penpushing recalled that, since February this year, FAAC meetings have ended in stalemate, with the inability of the NNPC to remit enough revenue always cited as reason. The meeting, convened in February to consider and approve statutory revenue allocations for the month, ended abruptly.