Breaking News

Umeh urges review of revenue formula


ENUGU – NATIONAL   Chairman of All Progressive Grand Alliance, APGA, Chief Victor Umeh, yesterday, backed calls for a review of the revenue sharing formula to make states stronger and ensure true federalism.

He advocated that the restructuring should reduce the level of responsibility currently being borne by the Federal Government, stressing that the central government had no need shouldering some of the responsibilities bestowed on it by the constitution.

Umeh, who spoke with newsmen in Enugu, stated that the logjam over the minimum wage could be solved by the review in revenue allocation to give states more funds.

He said:  “The revenue formula will work, if we truly want to define responsibilities of government. In this regard, I will be advocating that the Federal Government will get between 25 and 30 per cent and states and local governments will share between 70 and 75 per cent.

“If you look at what is happening today, so much money is available to the Federal Government and corruption is at highest level within the federal system because they have access to so much money and people who are visionless are stealing the money,” he added.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.