Kogi State Governor, Alhaji Yahaya Bello, on Thursday, played host to stakeholders from the North Central Region during a zonal public hearing on the review of the vertical revenue allocation formula by the Revenue Mobilization and Fiscal Commission (RMAFC). Deputy Governor, Chief (Dr.) Edward Onoja declared the Hearing open on behalf of Governor Bello at the State Government House, stating that a comprehensive review is overdue. He noted that the existential realities facing the 3 Tiers of Government necessitate a more equitable sharing plan for all revenue accruing into the Federation Account. Welcoming his guests, he made a case for his brother governors in Nigeria on the need for the Federal Government to relinquish portions of her allocation to other tiers since it boasts of a larger 52.68 percent, while the 36 states and the FCT split 26.72 percent, with the Local Government Councils settling for 20.60 percent. Governor Bello said his counterparts mostly inherit unwie...
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