FAAC Meeting Postponed Over State Govts, NNPCL Dispute

FAAC Meeting Postponed Over State Govts, NNPCL Dispute

The February meeting of the Federation Accounts Allocation Committee (FAAC) scheduled for Wednesday has been postponed indefinitely following a dispute between state governments and the Nigerian National Petroleum Company (NNPC) Ltd over outstanding remittances.   State representatives boycotted the meeting, insisting that NNPCL must first settle an estimated N1.7 trillion in pending revenues, which have […]

Source: FAAC Meeting Postponed Over State Govts, NNPCL Dispute

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