Connect with us

Headline

Buhari Receives RMAFC’ Revenue Sharing Formula, States, LGs Get More

Published

on

The Revenue Mobilization Allocation and Fiscal Commission has finally presented the report of the review of the vertical revenue allocation formula to the President, Major General Muhammadu Buhari, (retd.) after failing to meet the 2021 deadline.

Last year, the Chairman of the commission, Elias Mbam, said the report would be presented to the president by December 31, 2021. However, the commission failed to meet this deadline.

Advertisement

New formula proposes 45.17% for FG, 29.79% for states, 21.04% for LGAs

The Chairman of the commission announced on Thursday that the proposed vertical revenue allocation formula advised 45.17 per cent for the Federal Government, 29.79 per cent for state governments and 21.04 per cent for the local governments.

Under Special Funds, he said the report by the commission recommended 1.0 per cent for Ecology, 0.5 per cent for Stabilisation, 1.3 per cent for Development of Natural Resources, and 1.2 per cent for the FCT.

Advertisement

The old revenue formula was designed during the tenure of former President Olusegun Obasanjo.

Under this new formula, the Federal Government gets 52.68 per cent, the 36 states get 26.72 per cent while the 774 local government areas in the country share 20.60 per cent every month.

The proposed formula, therefore, suggested an upward review for states and local governments, but a downward review for the Federal Government.

Advertisement

READ ALSO: Court Sentences Man To Death For Stealing Torchlight, N2,350

In arriving at the new vertical revenue allocation formula, Mbam told the President the commission had consulted widely with major stakeholders, public hearings in all the geo-political zones, administered questionnaires and studied some other federations with similar fiscal arrangements like Nigeria to draw useful lessons from their experiences.

He added that literature reviews were conducted on revenue allocation formula in Nigeria dating back to pre-independence period while the commission received memoranda from the public sectors, individuals and private institutions across the country.

Advertisement

Explaining the major reasons for the exercise, Mbam noted that since the last review was conducted in 1992, 29 years ago, the political structure of the country had 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 councils also increased from 589 to 774.

‘‘There have been considerable changes arising from the policy reforms that altered the relative share of responsibilities of the various tiers of Government such as deregulation, privatization and the lingering controversies over funding of primary education, primary healthcare,’’ he said.

Advertisement

I’ll await constitution review process—Buhari

MeanwhilePresident Muhammadu Buhari, Thursday, in Abuja said he would await the final outcome of the 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.

The President stated this while receiving the report by the RMAFC, led by Elias Mbam.

Advertisement

According to a statement signed on Thursday by his Senior Special Assistant on Media and Publicity, Femi Adesina, Buhari said ‘‘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 who lamented that the present revenue allocation formula has not been reviewed since the last exercise carried out in 1992, said ‘‘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.

Advertisement

‘‘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.’’

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 the finaliSation of the efforts by the National Assembly.

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

Advertisement

READ ALSO: JUST IN: 2023: Osinbajo To Disclose Position On Presidential Ambition Saturday

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

Mustapha said that it was in four volumes, including a summary in the main report.

Advertisement

On his part, Mbam 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).’’

PUNCH.

 

Advertisement

Advertisement
Comments

Headline

Australian Actor Julian McMahon Is Dead

Published

on

By

Australian actor Julian McMahon, best known for his roles in Nip/Tuck, Charmed, and Fantastic Four, has died at the age of 56.

McMahon passed away in Clearwater, Florida, on Wednesday following a private battle with cancer.

Advertisement

His death was confirmed in a statement released on Friday by his wife, Kelly.

The statement read,”With an open heart, I share with the world that Julian McMahon, my beloved husband, died peacefully this week after a valiant effort to overcome cancer.

READ ALSO:BREAKING: Liverpool Star Diogo Jota Is Dead

Advertisement

His deepest wish was to bring joy into as many lives as possible.

“We wish all of those to whom Julian brought joy to continue to find joy in life.

“We are grateful for the memories.”

Advertisement

Born into a prominent political family, McMahon was the son of former Australian Prime Minister Sir William McMahon.

READ ALSO:BREAKING: Renowned Businessman, Aminu Dantata, Is Dead

In a nod to his family’s legacy, he portrayed an Australian prime minister in the Netflix drama ‘The Residence.’

Advertisement

McMahon’s career spanned decades, earning him international recognition for his roles as Dr. Christian Troy in ‘Nip/Tuck’, Cole Turner in ‘Charmed’, and Victor Von Doom in ‘Fantastic Four’.

He was married three times, including a high-profile marriage to Australian singer and actress Dannii Minogue, sister of pop icon Kylie Minogue.

Advertisement
Continue Reading

Headline

Thai Police Rescue Eight-year-old Boy Living With Dogs, Unable To Speak

Published

on

By

An eight-year-old boy has been rescued in Thailand after authorities discovered him living among dogs and only able to communicate by barking.

According to Dailymail on Friday, the boy, whose name has been withheld, was found on Monday during a welfare check at a ramshackle, drug-infested house in Lap Lae District, Uttaradit Province.

Advertisement

Local reports say the child had been living with his mother, 46, and his 23-year-old brother, both of whom tested positive for drug use after a police raid.

Neighbours revealed that the family had long been isolated from the community, and the boy had no contact with other children. Instead, he spent his days with the family’s six dogs, which he reportedly mimicked.

READ ALSO:24-year-old Thai Lady Arrested At Lagos Airport With Illicit Drugs

Advertisement

“He didn’t speak, he just barked. It was pitiful to see,” said Paveena Hongsakul, president of the activist foundation which worked with police on the rescue.

Authorities said the boy had only attended school once, despite his mother receiving government stipends of around 400 baht (£9) meant to support his education.

His mother hasn’t allowed him to go to school since he received a subsidy for free education,” Hongsakul explained. “After getting the money, she simply kept him at home.”

Advertisement

Neighbours were said to have forbidden their children from playing with the young boy due to the family’s behaviour.

The mother was reportedly known in the area for begging at temples and has now been charged with drug use.

READ ALSO:

Advertisement

A local teacher described the boy’s environment as a “red zone for drugs” and said that neighbours forbade their children from interacting with him.

‘The house is in a red zone for drugs,’ one teacher explained. ”The boy had no one, just the dogs to play with.”

The disturbing situation came to light after a headteacher raised the alarm, prompting activists and police to raid the house on June 30.

Advertisement

Images shared in Thai media showed authorities at the shack surrounded by trees and several dogs.

Following the rescue, the boy was taken to a children’s home, where he will receive medical and psychological care.

READ ALSO:

Advertisement

Ms Hongsakul, of the Foundation for Children and Women, will work with authorities to ensure the child receives continuous education, and her organisation will monitor his progress.

Images from the scene showed authorities standing around a small family in a wooded area with several dogs on site. Credit: Dailymail
Images from the scene showed authorities standing around a small family in a wooded area with several dogs on site. Credit: Dailymail
The boy will be given a chance at a good life. We’ll follow up with him to make sure he gets everything he needs,” she said.

Cases of so-called “feral children”, youngsters raised with little or no human contact, are extremely rare but often highlight the severe consequences of neglect.

Advertisement

Experts cite the example of Oxana Malaya, a Ukrainian girl found in 1991 living with dogs after her parents abandoned her. Though she eventually learned to speak and reintegrated into society, she still struggled with some developmental challenges.

Authorities in Thailand say they are committed to giving the rescued boy a fresh start and the chance to live a normal life.

Advertisement
Continue Reading

Headline

‘He Wants To Keep Killing People,’ Trump ‘Very Unhappy’ After Phone Discussion With Putin On Ukraine

Published

on

By

Threatens Sanction

US President Donald Trump said Friday he was “very unhappy” about his telephone call with Vladimir Putin on the war in Ukraine, saying the Russian leader just wanted to “keep killing people.”

“It’s a very tough situation. I told you I was very unhappy with my call with President Putin. He wants to go all the way, just keep killing people, it’s no good,” Trump told reporters aboard Air Force One.

Advertisement

Trump also hinted that he may finally be ready to toughen sanctions against Russia, having held off for the past six months while he tried to persuade Putin to end the war.

“We talk about sanctions a lot,” Trump said. “He understands that it may be coming.”

READ ALSO: Russia Launches Largest Assault On Ukraine

Advertisement

Trump added that he and Ukrainian President Volodymyr Zelensky, meanwhile, had a “very strategic call” on Friday, as concerns mounted in Kyiv over US military aid deliveries.

Zelensky said earlier that the two leaders had agreed to work to “strengthen” Ukraine’s air defenses, following Russia’s largest drone and missile barrage of the invasion so far.

Trump said he had also discussed sending Patriot interceptor missiles to Ukraine in a separate call with German Chancellor Friedrich Merz on Friday, although he had not yet agreed to do so.

Advertisement

Merz “feels they have to be protected,” Trump said.
AFP

Advertisement
Continue Reading

Trending

Exit mobile version