₦airaland Forum

Adeosun had last week stated that if the issues that led to the deadlock of the meeting were not resolved, salaries might be affected in the states.

The committee members of FAAC had expressed reservations with some of the costs presented by NNPC, saying there could not be justified, hence the decision not to approve the accounts.

The President is expected to meet the officials of the apex oil body alongside the Minister of Finance, Mrs. Kemi Adeosun, at an undisclosed date.

At the meeting in Aso Rock, yesterday, it was resolved that given the importance of the issue at stake, the President and the minister would meet the officials of the NNPC, with a view to getting to the root of the matter and also finding a lasting solution to the debacle.

Answering questions from journalists after the meeting, Yari said although his visit to the State House along with his colleagues was meant to be private, it eventually turned out to be official, in view of the persistent debacle over fund remittance between NNPC and FAAC.

He said: “Initially, it was supposed to be a private visit but it has turned out to be an official visit because you know we were supposed to hold the federal allocation committee meeting since last week, which was deadlocked.

‘’So, the Chief of Staff decided to invite the minister so that we can discuss further and see how best we are going to deal with the matter.

“There is headway because Mr. President and the Minister of Finance will meet with the NNPC officials so that we can resolve the problem with the Federal Allocation Accounts Committee, FAAC.”

“Well, as you know last FAAC meeting ended in deadlock and since then, we have been having series of engagements among ourselves governors, commissioners and, of course, various stakeholders.

“Today’s meeting was for me to brief the governors and the chief of staff and by extension, Mr. President, on the progress we have made so far on our position. Mr. President has promised to take the next step and to that extent, we are very satisfied.”

Also speaking, Adeosun said she was in the State House to brief both the governors and the President on update on the matter, affirming that the President had promised to intervene in the matter.

She said: “Well, as you know, the last FAAC meeting ended in deadlock and since then, we have been having a series of engagements between ourselves, the governors, the commissioners and of course, various stakeholders.

“Today’s meeting was for me to brief the governors and the chief of staff and by extension, Mr. President on the progress we have made so far on our position. Mr. President has promised to take the next step and to that extent we are very satisfied.”

On why there was yet a remittance problem when NNPC was also part and parcel of the treasury single account (TSA), the minister said all revenue generating agencies make returns to FAAC adding that the issue under contention was not about gross revenues of the corporation but about deductions it made.

She added that since the last FAAC meeting ended in deadlock, several meetings had been held by the committee with governors, commissioners of finance and other relevant stakeholders.

She said: “Every agency of government is in the TSA. You know FAAC is unique. FAAC is a meeting where all the revenue generating agencies make returns on net of their expenses. It is in the area where we have disputes – the dispute is not on the gross revenue but what has been deducted from that gross revenue gives us the net which is being brought into the FAAC.

“But I think this is a healthy process. We must be satisfied with figures before we sign off on them. We must, as stakeholders, make sure all our agencies are aligned with all the programmes of government in terms of getting this economy really moving. We are still very much dependent on oil, on NNPC for our revenue.

“So, we do need to have sometimes some of this. I see them more as reconciliations than standoffs. I’m very sure we will have the FAAC (meet

If really diamond has paid,they used their money to pay not from government.

We paid just 100 only

Those people talking about using IGR to pay workers are ignorant of governance. If you don't have IGR nko.?

You are dreaming

Npower is from the office of the presidency ,Note.

Civil servant to receive June salary between July and August, Kemi Adesina---minister of finance.000l

Civil servant to receive June salary between July and August, Kemi Adesina---minister of finance.

You people should stop disturbing us concerning the loan stuff ,after all is not a free money you must pay back 22000 every month from your salary if you are on level 8.Stop shouting on top of your voice.What we need is our three months arrears of April ,may and June of 2015 not loan.Why not use the money to pay the arrears. Mcheeeeeew

I no get voters card

Pls help,I don't receive email again in my email account even if I am been sent a message, It does not enter my email acct.I have been trying to reset it but is not working

Pls my three months arrears is important to me because I labour for it.I mean the three months arrears owed to the 13000 teachers.

It is not true that when you are done doing your biometric ,the website will be locked that you will not log in again.the only thing you cannot do is to change your your date of birth.

Over 637 billion shared

Tuesday pub .holiday

I got same but I have been receiving the same amount,so where did they send the money to?

Which school?

Is school still reopening tomorrow?

Stanbic alert received sssb etche

Public holiday,Friday 1st and Monday 4th September 2017.

I don't think the information is true. I have called my principal and he said no idea.Pls you should confirm well.

And you saw arrears of 13000 teachers not paid

Hello wonderful day ahead

Did they told you the submission of the voucher is for arrears?

[quote author=Sau24 post=59268217]Pls no insult,which arrears?is it the remaining part of money owed by Amaechi that Wike stop paying or the February that was denied some people after biometric? Pls no insult.

Pls no insult,which arrears?is it the remaining part of money owed by Amaechi that Wike stop paying or the February that was denied some people after biometric? Pls no inault.

This arrears you ppl are talkin,is it the february or the remaining three months they are stil owing us ie the new teachers?

Nawao,up till now
Stanbic have not credited my acct

Which other issue please?

Aàààaaaàu not say the issu

Why not say the issu

Pls what kind of issue?