FAAC constitutes panel to ensure remitance of $1.48bn by NNPC

To be sure that the Nigerian National Petroleum Corporation (NNPC) pays the $1.48bn into the federation account as directed by PriceWaterHouse Coopers in its forensic audit of the corporation, the Federation Account Allocation Committee on Monday constituted a committee to find out the reasons for the delay in making the funds available to the three tiers of government.