The Forum of Commissioners of Finance of
the 36 states of the federation on Thursday in Abuja passed a
resolution for the removal of fuel subsidy.
The Chairman of the forum, Mr. Timothy
Odaah, told journalists shortly after this month’s Federation Account
Allocation Committee’s meeting, that the resolution was passed following...
irregularities observed in the fuel subsidy regime.
The forum passed the resolution just as
fuel scarcity that started last week spread in the Federal Capital
Territory, with many motorists queuing for hours at filling stations.
The FAAC meeting, which was chaired by
the Accountant-General of the Federation, Mr. Jonah Otunla, was convened
to consider and approve the statutory allocations for February.
Odaah, who is also the Commissioner of
Finance, Ebonyi State, said the resolution on the fuel subsidy regime
would be sent to the Nigerian Governors’ Forum for transmission to
President Goodluck Jonathan.
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