Xtra News
  • Home
  • News
    • Africa
    • Metro
    • Nigeria
    • Politics
    • World
  • Business
    • Economy
    • Energy
    • Finance
    • Markets
    • Transport
  • Culture
    • Art
    • Film
    • Music
    • People
    • TV
  • Sport
    • Athletics
    • Basketball
    • Boxing
    • Football
    • Tennis
  • Technology
    • Cybersecurity
    • Internet
    • Mobile
    • Science
    • Social
  • Opinion
  • Multimedia
    • Photo
    • Video
Nigeria

FAAC: Kemi Adeosun calls emergency meeting with NNPC chief

March 28, 2018
Yemisi Adeolu

The Minister of Finance, Mrs Kemi Adeosun, says she is meeting with the NNPC GMD over discrepancies in payment into the Federation Account.

This is coming after the Federation Account Allocation Committee (FAAC) meeting on Tuesday became inconclusive due to discrepancies of about N37.76 billion in revenue presented by the NNPC.

Adeosun, who is also the Chairman of FAAC, said she called for an emergency meeting next week with the Group Managing Director of NNPC, Mr Maikanti Baru and other key management staff over revenue payment into the Federation Account.

The Minister, in a statement by her Senior Adviser on Media and Publicity, Mr Oluyinka Akintunde, assured Nigerians that the FAAC meeting would hold on Wednesday at 9. a. m.

Read Also:  Anambra community alleges intimidation by governor’s aide

She said that the Accountant General of the Federation, commissioners of finance and Accountants-General of the 36 States would also be present at the meeting.

Similarly, she said that other representatives of the NNPC, Federal Inland Revenue Service, Nigerian Customs Service and Department of Petroleum Resources would also be at the meeting.

Get more stories like this on Facebook, Twitter and Telegram
Accountant General of the Federation Department of Petroleum Resources FAAC Federal Inland Revenue Service Federation Account Federation Account Allocation Committee Kemi Adeosun Maikanti Baru Minister of Finance Nigerian Customs Service Nigerians NNPC Oluyinka Akintunde
    FacebookTwitterEmailLinkedInWhatsApp
Tanzania opposition leader charged for ‘inciting hatred’
Ogun community raise the alarm over dredging around electric towers

Related Stories

To this end, the Commissioner of Police, Lagos State Command, CP Abiodun Alabi, has placed the State Intelligence Bureau (SIB) of the Command on high alert.
Nigeria

Lagos not on lockdown – CP

Nollywood actor and Nigerian politician, Yul Edochie, has opined that it is possible for a man to love two different women at the same time.
Nigeria

Yul Edochie: How to avoid police...

Members of the Association of Resident Doctors (ARD) at the Federal Medical Centre, Owo, have begun a two-week warning strike over dearth of personnel.
Nigeria

Ondo: Resident doctors begin two-week warning strike

The Chief Judge of Akwa Ibom State, Ekaette Obot, has sent a human rights lawyer, Inibehe Effiong, to prison.
Nigeria

Akwa Ibom chief judge releases copy of judgment...

Ogun State House of Assembly
Nigeria

Ogun Assembly confirms two commissioner-nominees

Nigeria

Ministry denies spending ₦18.9 billion on bush clearing

The Nigerian Army said on Wednesday that its troops of 13 Brigade operating under command of 82 Division, Nigerian Army on Tuesday 21 June 2022, intercepted a Toyota Camry car with registration number JAL 492 AA, ladened with assorted ammunition while enroute Utanga village towards Obudu Mountains in Cross River State.
Nigeria

Troops rescue three more hostages along Zaria-Kano road

The Indigenous People of Biafra, IPOB, has reacted to President Muhammadu Buhari’s claim that its members are behind vandalism of oil pipelines and other public infrastructures in the oil-rich Niger Delta resulting in fuel scarcity.
Nigeria

IPOB: Hope Uzodinma can’t stop sit-at-home order

The president of the Academic Staff Union of Universities (ASUU), Emmanuel Osodeke, says federal bureaucrats are “throwing wedges” into the union’s negotiations with the government.
Nigeria

ASUU: Nigerian government encouraged lingering strike...

Vice President Yemi Osinbajo will depart Lagos this afternoon for Accra, Ghana, to represent Nigeria at the 61st Ordinary Session of the Authority of the ECOWAS Heads of State and Government holding tomorrow.
Nigeria

Yemi Osinbajo wants more done to end open defecation...

Recent Stories

  • The Peoples Democratic Party, PDP, has charged the Independent National Electoral Commission, INEC, to assert its independence by ensuring that the full weight of the law is brought to bear on parties that have introduced the illegal “place holder“ candidate into the nation’s political lexicon.
    PDP BoT urges party to concentrate on winning 2023...
  • To this end, the Commissioner of Police, Lagos State Command, CP Abiodun Alabi, has placed the State Intelligence Bureau (SIB) of the Command on high alert.
    Lagos not on lockdown – CP
  • The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.
    Police: BNXN will be sanctioned for assaulting...
  • UKRAINE-RUSSIA-CONFLICT
    Russia is recruiting prisoners to fight in war
  • Nollywood actor and Nigerian politician, Yul Edochie, has opined that it is possible for a man to love two different women at the same time.
    Yul Edochie: How to avoid police...
  • Members of the Association of Resident Doctors (ARD) at the Federal Medical Centre, Owo, have begun a two-week warning strike over dearth of personnel.
    Ondo: Resident doctors begin two-week warning strike

Trending Stories

  • The Nigeria Amputee Football team was involved in a car crash on their way to Abuja from Lagos on Monday. The team had a visa appointment at the Mexican Embassy in Abuja for their trip to the Amputee World Cup in Mexico.
    John Obi Mikel to help Nigeria’s amputee team
  • Pastor seeks divorce from third wife
  • Tunisian former referee Ali Bin Nasser eulogizes the late Argentinian football legend Diego Maradona who died at the age of 60 on Wednesday, describing him as a ''genius''.
    Diego Maradona’s image suggested for...
  • Abdullahi Biffo: Katsina United fail to take their...
  • Federal govt demands explanation from Italy over...
  • Kaduna Deputy Governor Barnabas Bala Bantex
    Kaduna South: Barnabas Bantex wins APC senatorial...

Copyright © 2022. Xtra.net

  • About
  • Advertise
  • Contact
  • Privacy
  • Terms
  • Twitter
  • Facebook
  • Instagram
  • Telegram
  • RSS