TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

RMAFC recommends more allocation to states, LGs in new revenue formula

The Citizen by The Citizen
April 8 2022
in Governance, Headlines
A A
0
RMAFC recommends more allocation to states, LGs in new revenue formula

Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has proposed a 3.33 per cent reduction in the statutory allocation to the Federal Government, while it increased those of states and local government councils by 3.07 per cent and 0.44 per cent respectively.

The new adjustments to the revenue allocation formula due to the federating units are contained in a report presented, yesterday, to President Muhammadu Buhari at the Presidential Villa, Abuja, by RMAFC Chairman, Elias Mbam.

In the new RMAFC proposal, the Federal Government, which previously received 52.68 per cent of the allocation, would now get 45.17 per cent, while states would  take 29.79 per cent as against the previous 26.72 per cent. Councils will now be allocated  21.04 per cent as against their previous 20.60 per cent.

With regards to the Special Funds, RMAFC proposed an increase of 0.2 per cent for the Federal Capital Territory (FCT) and a decrease of 0.38 per cent for the development of natural resources.

A statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, quoted Buhari as saying after receiving the report, he would await the outcome of the ongoing constitutional review process before presenting the report of the review of the vertical revenue allocation formula to the National Assembly as a Bill for enactment.

“Ordinarily, I would have gone ahead to table this report before the National Assembly as a Bill for enactment. However, since the review of the vertical revenue allocation formula is a function of the roles and responsibilities of the different tiers of government, I will await the final outcome of the constitutional review process, especially as some of the proposed amendments would have a bearing on the recommendations contained herein,” the president said.

The president said for the nation to have a lasting review of the present revenue allocation formula, there must first be an agreement on the responsibilities to be carried out by all the tiers of government.

He listed some of the proposed amendments in the report to include, the establishment of local government as a tier of government and abrogation of the state/local government account; moving airports, fingerprints, identification and criminal records from the exclusive legislative list to the concurrent legislative list, empowering the RMAFC to enforce compliance with remittance of accruals into and disbursement of revenue from the Federation Account as well as streamlining the procedure for reviewing the revenue allocation formula.

The president assured members of the commission that the Federal Government would immediately subject the report to its internal review and approval processes, while awaiting finalisation of the efforts by the National Assembly.

He said this strategy, rather than issuing an executive modification order, as was done in 1992, was more in line with entrenching our democratic tenets.

He commended RMAFC for a job painstakingly done, pledging his unwavering commitment and support to them in carrying out their constitutional mandates.

The president also thanked Nigerians, especially states and local governments, for making their inputs through the broad stakeholder engagement processes that produced the report.

“I am aware the present revenue allocation formula has not been reviewed since the last exercise carried out in 1992.

“Considering the changing dynamics of our political-economy, such as privatisation, deregulation, funding arrangement of primary education, primary health care and the growing clamour for decentralisation among others; it is necessary that we take another look at our revenue sharing formula, especially the vertical aspects that relate to the tiers of government. This becomes more compelling as we need to reduce our infrastructural deficit, make more resources available for tackling insecurity, confront climate change and its associated global warming and make life more meaningful for our rapid growing population,” he said.

President Buhari said, as an advocate of grassroots development, he has always remained committed to ensuring all tiers of government are treated fairly, equally and justly in the sharing of national resources.

Secretary to the Government of the Federation, Boss Mustapha, said RMAFC followed due process in undertaking the exercise, and sought the opinion of the Federal Government before finalising the report.

Mbam said since the last review was conducted in 1992, about 29 years ago, the political structure of the country has changed with the creation of six additional states in 1996, which brought the number of states to 36.

Correspondingly, he said, the number of local governments also increased from 589 to 774.

He said the leading philosophy behind the proposed review was guided “by the need for distributive justice, equity and fairness as enshrined in relevant sections of the 1999 Constitution (as amended).” – The Sun.

Previous Post

Defection: Ayade survives court process, remains Cross River governor

Next Post

Fed Govt extends cash transfer programme by two years

Related Posts

Lives of All Nigerians Carry Equal Value: ICADAR responds to Senate, House calls for reconsideration of Police withdrawal from VIPs
Governance

State Police: Presidency extends memorandum submission deadline

August 13 2026
Police debunk viral terror alert in Abuja
Governance

Presidency closes public submissions on state police today

August 13 2026
Wike shuts secretariat of dissolved FG committee
Governance

Wike shuts secretariat of dissolved FG committee

August 12 2026
FG to rehabilitate 417 grazing reserves
Governance

FG to rehabilitate 417 grazing reserves

August 12 2026
Police summon Osun senator over incitement to kill Accord party members
Headlines

Police summon Osun senator over incitement to kill Accord party members

August 12 2026
You can’t give students loans in a broken economy — ASUU President, Piwuna
Headlines

ASUU orders 20 varsities to prepare for strike, gives FG, states 14-day ultimatum

August 12 2026
Next Post
Fed Govt extends cash transfer programme by two years

Fed Govt extends cash transfer programme by two years

Pres. Buhari plans new borrowings to finance N7.4tr budget deficit

Pres. Buhari plans new borrowings to finance N7.4tr budget deficit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

by The Editor
August 12 2026
0

...

Federal High Court relocates Lagos division to new complex

Federal High Court relocates Lagos division to new complex

by The Editor
August 6 2026
0

...

Kano Assembly suspends three LG chairmen for alleged misconduct

Kano Assembly suspends three LG chairmen for alleged misconduct

by The Editor
August 4 2026
0

...

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

APPOINTMENTS

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

Katsina governor swears in four permanent secretaries

Katsina governor swears in four permanent secretaries

by The Editor
August 6 2026
0

...

Rivers State not for political war, says Fubara

Gov. Fubara swears in 12 perm secs, urges commitment

by The Editor
July 31 2026
0

...

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

ODDITIES

Celestial Church begins probe into Temitope Osoba’s death

Celestial Church begins probe into Temitope Osoba’s death

by The Editor
August 13 2026
0

Indimi joins appeal against $43.5m judgement award to daughters

Indimi joins appeal against $43.5m judgement award to daughters

by The Editor
August 6 2026
0

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

GLOBAL NEWS

WHO sounds alarm on ebola outbreak

by The Editor
August 13 2026
0

...

Rescuers scramble for survivors with 180 dead in Colombia earthquake

Rescuers scramble for survivors with 180 dead in Colombia earthquake

by The Editor
August 12 2026
0

...

Trump hides in catering truck to evade alleged Iran threat

Trump hides in catering truck to evade alleged Iran threat

by The Editor
August 11 2026
0

...

EU denies pulling out of Nigeria’s 2027 election observation

EU denies pulling out of Nigeria’s 2027 election observation

by The Editor
August 10 2026
0

...

Queen Elizabeth dies at 96, Charles becomes King

UK radio broke rules in announcing king’s death — Official

by The Editor
August 10 2026
0

...

State of the States

Lagos leads January 2026 FAAC allocations with N55.83bn

Sanwo-Olu inducts 1,000 as Lagos internship beneficiaries hit 8,000

by The Editor
August 13 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke declares Friday work-free day for Osun workers

by The Editor
August 12 2026
0

...

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

by The Editor
August 10 2026
0

...

Kebbi governor convenes emergency security meeting

Kebbi governor convenes emergency security meeting

by The Editor
August 6 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Time to clampdown on sexual offenders – The Guardian

Edo records over 70 minors’ defilement cases in seven months

August 13 2026
Nigerian airlines to commence direct flights to UAE

NCAA to sanction airlines preventing workers’ union

August 13 2026
Osimhen ends transfer saga with Galatasaray loan move

Arsenal open Osimhen talks with Galatasaray

August 13 2026
Seyi Makinde picks former DSS DG as APM presidential running mate

Seyi Makinde picks former DSS DG as APM presidential running mate

August 13 2026

EDITORIAL REVIEW

Stop recruiting youths for election violence – Punch

Stop recruiting youths for election violence – Punch

by The Editor
August 12 2026
0

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Country of ghost workers, ghost MDAs – Punch

by The Editor
August 11 2026
0

FG embarks on expansion, decongestion of custodial centres

Prison reform can’t wait any longer – Punch

by The Editor
August 9 2026
0

Osun’s toxic election buildup – Punch

Osun’s toxic election buildup – Punch

by The Editor
August 7 2026
0

We need strong civil aviation authority – Punch

We need strong civil aviation authority – Punch

by The Editor
August 6 2026
0

Opinion

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.