Gov Ishaku Lauds FG’s Move To Review Revenue Allocation Formula

0
456


By; NICHOLAS DEKERA, Kaduna

 Governor Darius Ishaku of Taraba State on Friday lauded the moves by the Federal Government to review the revenue allocation formula amongst the three tiers of government.
Ishaku disclosed this at a  2 -day review meeting on revenue allocation formula organised by the Revenue Mobilization, Allocation and Fiscal Commission in Jalingo.
According to the governor, the current situation where the FG alone was receiving 52 per cent with only 48 per cent for the 36 states and 774 local government councils in the country was not fair.
“This move is long overdue because the existing revenue allocation formula does support the current economic realities in the country,” he said.
Represented by Alhaji Haruna Manu, the state Deputy Governor, Ishaku urged all the state holders to take the review assignment seriously in order to put the nation on the path of development.
Mr Elias Nbam, the Chairman, Revenue Mobilization, Allocation and Fiscal Commission assured Nigerians that the commission would do justice to all shades of opinion on the matter.
Represented by Alhaji Ahmed Yusuf, a member of the commission representing Taraba, Nbam commended the Taraba government for the warm reception accorded the commission’s team to the state.
He explained that, with the quality of participants at the meeting, he was convinced that the out come would bring  a lasting solution to the long agitations over the  revenue sharing formula in the country.
The chairman noted that the current allocation formula which has not been reviewed for 29 years would be reviewed by December 2021 when the commission completes its assignment.
Mr Solomon Elijah, the Taraba Commissioner for Budget and Planing said the ministry would assist in the collation of memoranda on the review from various stakeholders and forward same to the commission in Abuja for consideration. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here