The August salaries for Federal staff may be delayed due to the inability of the Federal Government to convene the monthly Federation Accounts Allocation Committee meeting .
The meeting, which usually holds between 15th and 20th of every month, has yet to be convened with seven days to the end of this month.
It usually takes between seven and 10 days from the day the meeting is held before workers’ salaries are paid, according to sources at the Ministry of Finance
“Going by this analysis, it implies that even if the meeting is held any moment from now, workers may not be able to receive their August salaries until next month,” one of the sources said.
The source said the delay in holding the meeting was due to revenue challenges, which the country had been grappling with in the last few months.
When contacted, the Director of Press, Ministry of Finance, Mr. Marshal Gundu, said that the meeting would be held on Wednesday.
In his reply to a text message earlier sent by our correspondent, he said, “The technical session is on Tuesday and the FAAC meeting is coming up Wednesday, please.”
SOURCE: punch
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