By Nwogha Ndubuisi, Abakaliki
The Governor of Ebonyi State, Engr. David Umahi has called on Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) to urgently review the current revenue formular to allocate more funds to States and Local Government Areas in the country.
Umahi made the appeal at Old Government House, Abakaliki on Wednesday 8th September,2021, during the visit of the delegation from the commission led by Barr. Patrick Mgbebu.
The State Governor who was represented by his Deputy, Barr. Eric Kelechi Igwe said, allocating more funds to the states and local government councils, other than Federal government would fast track the development of the country.
He hinted that the review will reflect justice and equity, for the overall development of the country.
According to him:”Nigeria has 36 States and each State is an integral part of the nation, it is a nation built on equity, trust and justice and we believe that it has not reflected in the current revenue sharing formular,” he said.
The state Governor revealed that states have been shouldering the burdens associated with the current security challenges in the country, and therefore, required more resources to succeed in the task in bringing peace in all parts of the country.
He, however, urged the commission to ensure that opinions of Ebonyi people reflect on the national dialogue.
Earlier, the leader of the delegation, Barr. Patrick Mgbebu said they are in the state for sensitisation on topical issue of review of existing vertical allocation formular that has been operational for a long time.
Barr. Mgbebu who is the member representing Ebonyi in the Commission said the commission has the constitutional mandate of reviewing revenue allocation formular to conform with changing realities.
He said: “In view of the changing socio-economic dynamics of the nation, the commission has been prompted to commence full scale engagement of representatives of various stakeholders to fashion a new allocation formular”.