Delta State Governor, Rt. Hon. Sheriff Oborevwori, Thursday, advocated for an effective management of the Federation Account for sustainable development of Nigeria.

Governor Oborevwori gave the charge at the retreat for members of Federal Account Allocation Committee (FAAC) (Post-Mortem) Sub-Committee held in Asaba.

He said the theme of the retreat “Efficient Management of Federation Account” is apt and timely as FAAC remains the major source of revenue for the federal, state and local governments to fund developmental projects.

Represented by Secretary to the State Government, Dr Kingsley Emu, Oborevwori lauded FAAC for its role in carrying out in-depth analysis of Revenue Generating Agencies as presented during their monthly meetings and periodic review of performances of the Revenue generating agencies.