The presidency will get a document on a new revenue formula for the nation by December, the Revenue Mobilisation, Allocation and Fiscal Commission has said. In an interview with our correspondent in Abuja on Wednesday, Head of Public Relations at RMAFC, Mr. Ibrahim Mohammed, dismissed insinuations that the agency would not be able to keep the deadline of completing work on the nation’s new revenue formula before the end of 2013. Mohammed said there was no going back on the deadline as everything had been put in motion to complete work on the new revenue formula and submit it to the Presidency before the end of the year. He said, “We have completed consultation with former Heads of State and top political office holders. We have completed analysis of the data that we gathered throughout the country. We have completed consultation at the zonal level. “In two weeks, the revenue formula committee chaired by the chairman and chief executive of the commission will hold a retreat to articulate the new formula, which will be presented to the Presidency for approval before it goes to the National Assembly.” posted on November 06, 2013 at 07:45PM jtnng.blogspot/
Posted on: Wed, 06 Nov 2013 19:21:23 +0000
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