Faac meeting to share nigerias june revenue deadlocked again

It seems like you're referring to a recent news article about a meeting between the Federation Account Allocation Committee (FAAC) and the Nigerian government regarding the allocation of June revenue.

Unfortunately, the meeting was reportedly deadlocked, which means that an agreement could not be reached on the allocation of the revenue. This is not the first time that FAAC meetings have been deadlocked, as there have been several instances in the past where disagreements between the federal government and the states have led to impasses.

It's worth noting that FAAC is responsible for allocating revenue generated by the federal government to the different states and local governments in Nigeria. The committee is made up of representatives from the federal government, the 36 states, and the Federal Capital Territory.

The deadlock in the meeting may be due to various factors, including disagreements over the amount of revenue to be allocated to each state, the criteria for allocation, and the timing of the allocation. The impasse may also be influenced by political and economic factors, such as the ongoing COVID-19 pandemic and the recent decline in oil prices.

It's essential for the FAAC committee to reach a consensus on the allocation of revenue to ensure that the funds are distributed fairly and efficiently. This will help to promote economic development and stability in Nigeria.