President Goodluck Jonathan will meet with the 36 state
governors on Monday night over the stalemate in sharing of the accruals
of the federation account in the past three months.
Earlier the finance commissioners of the states had walked out on the Minister of state for finance, Yerima Ngama three times on disagreements that had been generated over the sharing formula of the said accruals.
Constitutionally, the bulk of the fund, which is 52.80 percent, is
accruable to the federal government while the states and the local
government share 26.2 and 26 percent respectively.
Ahead of tonight’s meeting, President Jonathan and Vice President
Namadi Sambo are neck deep in an audience with the governors of Delta,
Emmanuel Uduaghan, Akwa Ibom, Godswill Akpabio, Abia, Theodore Orji and
Katsina Ibrahim Shema, who arrived early at the Presidential villa.
The meeting which is being held behind closed doors with instructions that the event is not for coverage.
source:channels
No comments:
Post a Comment