The Federation Account Allocation Committee (FAAC) has demanded a report on the state-by-state consumption of Premium Motor Spirit (PMS), otherwise known as petrol, from the Nigerian National Petroleum Company (NNPC).
The directive is contained in the FAAC Post Mortem Sub-Committee (PMSC) final report submitted to the whole house at its July 2022 meeting in Abuja
The members noted: “Consumption of PMS has been a major concern to members and it was raised severally at the FAAC plenary.
“Therefore, to ascertain the consumption, the Sub-Committee also requested the relevant Agencies to submit the state by state consumption of PMS in the country for the year 2021.”
A FAAC member told reporters: ”The state governments have had enough of NNPC’s shenanigans and arrogance in its handling of revenue meant for the Federation Account.”
The NNPC has not remitted a kobo into the federation account since the beginning of this year.
The company has reported to the committee that it cannot make the expected remittances because it spends all its revenue funding subsidy.
