RMAFC Sensitizes Nigerians, Pledges New, Acceptable Revenue Sharing Formula

The Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, has promised to offer a new and people-oriented revenue sharing formula for the nation in the shortest possible time. The commission made the pledge in Benin City on Thursday when it paid a scheduled visit to the state governor, Godwin Obaseki, as part of its sensitization programme across the 36 states.
While soliciting for necessary and positive contributions through interactive sessions and submission of memoranda, the commission, represented by a Federal Commissioner, Mr. Victor Eboigbe, noted that the sensitization programme is part of the commission’s mandate, as stipulated in relevant sections of the 1999 Constitution, to review the country’s revenue sharing formula to meet the yearnings of both the three tiers of government and the generality of the people in the light of changing realities.
He emphasized that the commission took the conscious decision to embark on the tour in order to aggregate and mop up the views of Nigerians by interacting with them at different levels and evolve a new, fair, just and equitable revenue sharing formular.
“…the sensitization exercise has been designed to enlist the interest of stakeholders through interaction at various levels in order to get informed and make useful inputs that can provide workable template to assist the Commission in its task of evolving and bequeathong to the nation, a far, just and equitable new revenue sharing formula,” the chairman said in part.
In his reaction, Governor Obaseki, represented by the Secretary to the State Government, Osarodion Ogie, pointed out that the sensitization tour is an obvious national assignment which must be taken with all the seriousness it deserves because the need for a review of existing revenue sharing formula is long overdue. The governor, who insists that it is important for the commission to reach out, with a view to finding facts from the people, explained that the programme should be done even more regularly.
“It’s an important assignment for the country and for us as a state. It is a national assignment that has to be taken seriously because as a state, we believe this review needs to be done well. And in doing it, we believe it’s important to go and find out the facts,” the governor pointed out.

Leave a Reply

Your email address will not be published.