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Nigeria’s Minister of Finance, Kemi Adeosun

The month-to-month Federation Account Allocation Committee (FAAC) assembly resulted in a impasse on Wednesday with individuals carrying lengthy faces

The gathering is the place cash is shared among the many federal, states and native governments .

Mahmoud Yunusa, Chairman, Forum of Finance Commissioners of FAAC, who declined to be interviewed, mentioned in passing that they had been going again to consult with the state governors.

But Hassan Dodo, Director Press, Ministry of Finance, mentioned the assembly would reconvene earlier than the top of the week.

FAAC individuals have been experiencing difficulties in agreeing with figures due to income remittance discrepancies.

This is because of the Nigerian National Petroleum Corporation not remitting all income accrued inside the month.

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