National Conference ends, fails to agree on derivation formula

Confab reconvenes August 4 to consider draft report.

The National Conference concluded plenary sitting on Monday, but failed to resolve the disagreement over derivation formula after about five hours of meeting between the leadership of the Conference and the 50 “wise men,” the chairmen and deputy chairmen of the 20 Standing Committees.

It voted to recommend that the Federal Government should set up a technical committee to advise it (government) on the issue. The Conference Chairman, Idris Kutigi, announced the resolutions of the wise men when they returned to the chamber.

Read full story HERE

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Festus Owete

Festus Owete is PREMIUM TIMES’ general editor. He also coordinates the newspaper’s politics desk, a beat he has covered for decades. He holds degrees from the University of Ibadan and the University of Lagos. Twitter: @FOwete

https://www.premiumtimesng.com

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.