State governors meet to discuss Federation Account Allocation Committee deadlock

State governors under the Nigeria Governors’ Forum have met in Abuja to discuss matters arising from the Federation Account Allocation Committee -FAAC deadlock, minimum wage and other issues.

The governors were also expected to be briefed by World Bank Country Director, Rachid Benmessaoud, on ”the States Fiscal Transparency and Accountability Sustainability.”

The Postmaster General of the country was also expected to make presentation at the meeting on the Nigerian Postal Service in maximising revenue potential through electronic stamp solution, digital addressing system and addressing verification system.

The FAAC monthly meeting is the forum where money is shared among the federal, states and local governments.

Recall that the June monthly meeting of FAAC in Abuja ended in a deadlock.

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