Governors of the 36 States of the Federation have resolved to meet with the President, Major General Muhammadu Buhari (retd.), over the new revenue draft presented to him by the Revenue Mobilization Allocation and Fiscal Commission in 2022, Chairman of the Nigeria Governors Forum and Governor of Sokoto State, Aminu Tambuwal has said.
The meeting according to the outgoing governor is to plead with the Commander-in-Chief to present the new draft formula to the National Assembly before May 29, 2023, when a new government will take over the reins of power.
Tambuwal disclosed this late Wednesday night at a meeting of the 36 Governors under the aegis of the Nigeria Governors Forum in Abuja.
The well-attended meeting which lasted over three hours also had in attendance the Chairman of the National Assembly Service Commission, Mr Ahmed Amshi.
Addressing journalists at the end of the meeting, Governor Tambuwal said, “It was a normal meeting of governors where we discussed issues concerning the country, the sub-nationals and of course, democracy and good governance.
“We discussed the new revenue formula submitted to Mr President by the Revenue Mobilization Allocation and Fiscal Commission and the need for us to approach Mr President for him to present the new draft formula to the National Assembly before this administration winds up.
We are going to meet with Mr President as a forum and we’ll appeal to him to present that formula to the National Assembly. We will see!”
In April 2022, the RMAFC presented a report on the review of the vertical allocation formula to the President, Major General Muhammadu Buhari (retd) for necessary action.
The report proposed a revenue-sharing formula of 45.17 per cent to the Federal Government, 29.79 per cent to States and 21.04 per cent to Local Governments.
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