FAAC Crisis: Governor Optimistic About Solution

The Kwara State
Governor, Alhaji Abdulfatah Ahmed, has expressed confidence in the ability of the Federal Government to tackle the impasse in the Federation Accounts Allocation Committee (FAAC) concerning the sharing of revenue among the three tiers of government in the last four months.
Ahmed told journalists in Ilorin last Thursday that President Goodluck Jonathan was mindful of the impact of the deadlock on all tiers of government and would ensure an early resolution.
“We have been made to understand that FAAC will not be able to meet up with its augmentation of the federally allocated funds to all the tiers of government. Augmentation is designed to be part of the budget and the situation means that there will be shortfalls in allocations to the states,” he said.
While noting that the impact of the shortfall in revenue was already being felt, the governor called for an early resolution of the crisis in the interest of good governance.
“We can manage our expectations, we can build plans on the amount accruable to the state to articulate and execute budget to the letter, but the lack of control on the in-flows naturally denies you the opportunity of saying in clear terms that full implementation of the budget will be recorded,” Ahmed stated.
The governor, who lauded the early release of information about the challenges of FAAC, also assured the people of the state of the government’s commitment to ensure all ongoing projects are completed as scheduled.