The 36 states of the federation on Thursday failed to hold the monthly Federal Account Allocation Committee (FAAC) meeting due to discrepancies in Federation Account figures presented by the Federal Government.
The Chairman, Forum of Finance Commissioners in Nigeria, Mr Mahmoud Yunusa, said the forum came to the decision after consultation with their state governors.
According to him, the governors have given the commissioners directive to postpone the meeting pending the reconciliation of all accounts.
“The meeting has been postponed until we reconcile the figures in the accounts.
“I sincerely apologise for keeping everyone, but this is the position of our principals through the Chairman, Governor’s Forum, even though the matter was discussed at length during NEC when all the Governors were present.
“So we should all take our leave and wait for the next date which will be announced later,” he said.
FAAC: States cancel meeting following discrepancies in federation account
