By Miriam Humbe
The Federal Government has urged the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to carry out comprehensive due diligence in the formulation of a workable and acceptable revenue allocation for the country.
Segun Imohiosen, the Director, Information & Public Relations in the OSGF disclosed this in a statement signed on Monday.
The Secretary to the Government of the Federation, Sen. George Akume, made the charge while receiving in audience a powerful delegation from the Management of RMAFC led by its Chairman, Dr. Mohammed Bello Shehu in Abuja.
SGF said that he is confident in the capacity of the management of the Commission to deliver on their mandate in developing a comprehensive revenue allocation formula and assured of the readiness of his Office to give the necessary support to the realisation of the project.
Senator Akume further told the Commission to factor in their proposed revenue allocation formula on an irreducible minimum allocation to some MDAs like the Ministry of Defence because of the critical role it plays in the maintenance of peace and the defence of the country’s territorial sovereignty.
The Chairman of RMAFC, Dr. Mohammed Bello Shehu assured the SGF that the Commission was working on a new revenue allocation formula and the draft copy will soon be forwarded to his Office for its input before sending it to the National Assembly for final approval.
