Buhari appoints 4 governors to verify accruals, withdrawals for Federation Account, ECA

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FILE PHOTO: President Muhammadu Buhari, Prof Yemi Osinbajo and the 36 governors
The National Economic Council (NEC) on Monday set up a four-man committee to examine the accruals into and withdrawals from the Federation Account and the Excess Crude Account from 2012 to May 2015.
The committee was set up at the 58th meeting of the council, which was re-inaugurated by President Muhammadu Buhari, under the chairmanship of Vice President Yemi Osinbajo.
The Chairman of the Governors Forum and Zamfara Governor, Alhaji Abdulaziz Yari; Gov Adams Oshimhole (Edo), Malam Nasir El-Rufai of Kaduna, and Emmanuel Udom of Akwa Ibom, made this known to State House Correspondents at a joint briefing.
“We have gotten the report from the Excess crude – what is there and what is not there.
“Also, the council got the briefing from the Director of Funds on the unremitted funds by the NNPC.
“On that line, four-man committee, was constituted to go through the books of the NNPC and the Excess Crude Account as well as the Federation Account.
“The four-man committee are the Governor of Edo State, the Governor of Akwa Ibom, the Governor of Gombe State and Mal. Nasir El-Rufai (, the Governor of Kaduna state).
“They are to check the books of the NNPC especially the issue of the Excess Crude and what is not remitted to the Federation Account.”
Yari said the council deliberated on a number of issues concerning the states and their programmes.
He said the Federal Government in collaboration with the Central Bank of Nigeria would look inwards to see how much support they could give to the states, more especially on the issue of outstanding Salary in some of the states and the Federal Government.
He said that Buhari had insisted that the provisions of the constitution be implemented with regard to remittance of all federal money into the federation …Read More

Source:: PM Newspaper