To this end, it was learnt that the commissioner for finance in all 36
states are expected to meet in the coming days. President Muhammadu Buhari on Tuesday transmitted the 2022 Appropriation Act Amendment Bill to the National Assembly, seeking the approval of the federal parliament for a supplementary budget with estimates totalling N150bn and also sought approval for another 2.557trillion Naira to extend payment for subsidy on petrol. This implies that about N950bn would be deducted from the accounts of the states and local governments. The Chairman, Forum of Commissioners of Finance and Benue State Finance Commissioner, David Olofu, on Tuesday, said that states of the federation will continue to have it tough with the decision to redirect huge amount of money meant for states to subsidy payment. He said that with the manner the oil industry is being run under the present administration it shows that NNPC is above the country and more powerful than the government. He also slammed the National Assembly which he said has constitutional oversight on the NNPC but had remained silent.