8.4 C
New York
Monday, December 2, 2024

Finance commissioners walk out on Minister, Over non-payment of N160bn

Published:

- Advertisement -

LATEST NEWS

- Advertisement -spot_imgspot_img

FINANCE commissioners in the 36 states of the federation on Thursday staged a walk out on the Minister of State for Finance, Dr Yerima Lawan Ngama over non-payment of February arrears amounting to N160 billion.

In a press conference later, the Chairman of the Commissioners Forum who is also the Finance Commissioner for Ebonyi State, Mr Timothy Odaah, told newsmen that the reason behind the boycott of the meeting was the non-implementation of the resolutions taken in most of the Federation Accounts Allocation Committee (FAAC) meetings, especially the resolutions of May, 2013.

“The arrears of February is not yet paid and no clue is given. The augmentation passed at last month’s meeting has not been paid. We have taken a lot of disappointments from this administration of FAAC which in all intents and purposes has been inactive” he said.

He said the states have borne this ineptitude for long and this has affected the payment of contractors and workers in various states.

He, therefore, called on the state governors and President Goodluck Jonathan to put heads together and find a lasting solution to the improglio.

Source: Tribune

- Advertisement -spot_img

Hey there! Exciting news - we've deactivated our website's comment provider to focus on more interactive channels! Join the conversation on our stories through Facebook, Twitter, and other social media pages, and let's chat, share, and connect in the best way possible!

Join our social media

For even more exclusive content!

- Advertisement -spot_img

TOP STORIES

- Advertisement -spot_img
- Advertisement -

Of The Week
CARTOON

247Ureports Protects its' news articles from plagiarism as an important part of maintaining the integrity of our website.