Finance commissioners walk out of FAAC meeting in anger




ABUJA — Commissioners of Finance from the 36 states of the federation, yesterday, stormed out of Federation Accounts Allocation Committee, FAAC, meeting in protest of what they called unjust handling of the sharing of the federation revenue by the Federal Government.

The commissioners waited for the Minister of State for Finance, Dr. Yarima Ngama for over two and a half hours before they decided to leave in anger.

Ngama’s image maker, Mr. Mohammef Nakoji and other staff of the ministry could not dissuade the angry commissioners from leaving the Sheraton Hotel, venue of the meeting.

Mr. Nakoji told newsmen that the minister was held up at a meeting in Aso Rock Villa.

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The Chairman of the group and Commissioner of Finance of Ebonyi State, Mr. Timothy Odaah told newsmen that the commissioners decided to leave not only to protest the minister’s failure to keep to time but also to protest the irregularity of meetings under Dr. Ngama.

He said that the FAAC technical meeting was supposed to hold on a separate day from the plenary, in accordance with the FAAC Act of 1992. The meeting is expected to reconvene today.







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