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Why we didn’t pass revenue sharing formula bill – Senate

BY OKEY NDIRIBE

ABUJA – The Senate yesterday explained that its failure to pass the Revenue Sharing Formula Bill was its preoccupied with the amendment of the constitution and Electoral Act in order to bequeath to Nigeria a credible election.

Spokesman of the Senate, Senator Ayogu Eze, in an answer to a question by Vanguard, stated that the bill and other important bills that were not passed in the sixth senate would be given priority attention in the seventh senate.

The Revenue Sharing Formula Bill had suffered several set back since the regime of President Olusegun Obasanjo and was hardly attended to, even in the present senate.

But in his reaction to the failure of the senate to pass the Bill, Senator Eze said “everybody is aware that Nigeria has become almost a pariah nation because of our inability to conduct fair and credible elections.

“What we did was to concentrate our energy on the amendment of the Constitution and Electoral Act in order to ensure that we conduct credible elections. With the results that we got in the last election, any bill that was not treated as a result of this effort, I think the sacrifice is worth it. They would be represented in the next senate.”