BREAKING NEWS
Finance Minister, Adeosun Calls Emergency FAAC Meeting, Summons NNPC MD
Minister of
Finance and Chairman of the Federation Account Allocation Committee (FAAC),
Mrs. Kemi Adeosun, has reconvened the meeting of the committee for Wednesday
after it ended in a deadlock on Tuesday.
Her Special
Adviser on Media, Oluyinka Akintunde, said this in a statement Tuesday night.
The meeting,
which will hold at the Auditorium of the Federal Ministry of Finance, will have
in attendance the Accountant General of the Federation, Mr. Ahmed Idris,
Commissioners of Finance and Accountant-Generals of the 36 States and
representatives of the Nigerian National Petroleum Corporation (NNPC), Federal
Inland Revenue Service, Nigeria Customs Service, Department of Petroleum
Resources, among others.
The Minister has
also called for an emergency meeting next week with the Group Managing Director
of NNPC, Mr. Maikanti Baru, and key management over revenue payment into the
Federation Account.
The FAAC meeting
was inconclusive on Tuesday, necessitating the intervention of the Minister.
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