States, LGs meet RMAFC, demand higher revenue allocation

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States, LGs meet RMAFC, demand higher revenue allocation
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State governments and local governments on Monday asked the Revenue Mobilisation Allocation and Fiscal Commission to increase their shares of the federal allocation.

Earlier, the Benue State Commissioner of Finance, David Olufu, pushed for more allocations for states, noting that the majority of the projects reside in the sub-nationals.

Also speaking at the programme, the Chairman of RMAFC, Mohammed Shehu, disclosed that the commission had commenced the process of reviewing the horizontal revenue allocation formula. “Considering the above, the commission deems it necessary to organise a programme to enlighten the officials of states and local governments on the electronic platform for data collection for the review of the current indices used in the horizontal allocation formula” he said.

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