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RMAFC presents new revenue sharing proposal to Buhari

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  • FG to get 45%, states 29.7%, LGs 21.04

President Muhammadu Buhari has received a report on the review of the vertical revenue allocation formula from the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).
The report proposes a sharing formula of 45.17 per cent for the FG, 29.79 per cent for state governments and 21.04 per cent for the local governments.
Under the current sharing arrangement, the federal government takes 52.68 percent of the revenue shared, states get 26.72 percent while local governments get 20.60 per cent.
The development is coming on the heels of the review of the current revenue sharing formula by RMAFC, which commenced in June, last year.
According to a statement by Femi Adesina, presidential spokesperson on Thursday, Buhari said he will await the final outcome of the constitutional review process before presenting the report to the national assembly.
‘‘Ordinarily, I would have gone ahead to table this report before the National Assembly as a Bill for enactment,” Buhari said.
‘‘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.”
Buhari outlined some of the recommendations in the report as the “establishing local government as a tier of government and the associated abrogation of the state/local government account; moving airports; fingerprints, identification and criminal records from the exclusive legislative list to the concurrent legislative list, empowering the RMAFC to enforce compliance with remittance of accruals into and disbursement of revenue from the Federation Account as well as streamlining the procedure for reviewing the revenue allocation formula.’’
The President assured members of the commission that the FG would immediately subject the report to its internal review and approval processes, while awaiting finalisation of the efforts by the national assembly.
The President said, this strategy, rather than issuing an Executive Modification Order, as was done in 1992, was more in line with entrenching the democratic tenets.
“I am aware that the present revenue allocation formula has not been reviewed since the last exercise carried out in 1992,” he 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.
‘‘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.’’
According to him, equitable distribution has always been observed in the sharing of national resources.
“‘I want to let you all know that I have keenly followed most of the discussions held in the geo-political consultative process and one thing that struck me clearly was the agreement that a review of our vertical revenue formula cannot and should not be an emotional or sentimental discussion and it cannot be done arbitrarily,” Buhari said.
‘‘All over the world, revenue and resource allocation have always been a function of the level of responsibilities attached to the different components or tiers of government.
‘‘I am, therefore, happy to note that the discussions were held along these lines and rested squarely on roles and responsibilities as spelt out in the 1999 Constitution (as amended).
‘‘However, I also note that in reaching the final decisions at most of these engagements, not much emphasis was placed on the fact that the Second Schedule of the Nigerian constitution contains Sixty Eight (68) items on the Exclusive Legislative List and the remaining Thirty (30) items on the Concurrent List requiring both the Federal and State Government to address.”
Buhari said for the nation to have a lasting review of the present revenue allocation formula, there must first be an agreement in the responsibilities of all the tiers of hovernment.
He noted that the proposal seeks a 3.33 percent reduction in the current federal government allocation and on the other hand an increase of 3.07 percent and 4.4 percent for the states and local governments.
He added that with regard to special funds, the report by the RMAFC proposed an increase of two percent for the Federal Capital Territory (FCT) and a decrease of 38 per cent for development of natural resources.
The President said the FG also made its input into the process of reviewing the vertical revenue allocation formula.
He said this was based on existing constitutional provisions for roles and responsibilities for the different tiers of government.
“We must note the increasing visibility in sub-national level responsibilities due to weaknesses at that level. For example: Primary Health Care; Basic Primary Education; Levels of insecurity, and; Increased remittances to state and local governments through the Value Added Tax sharing formula, where the Federal Government has only 15 per cent and the states and local governments share 50% and 35% respectively,’’ he added.
The chairman of RMAFC, Elias Mbam, said the proposed vertical revenue allocation formula advised 45.17 percent for the FG, 29.79 percent 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 percent for ecology, 0.5 percent for stabilisation, 1.3 percent for development of natural resources and 1.2 percent for the FCT.
Mbam said there was wide consultation with major stakeholders, public hearing in all the geo-political zones, administering of questionnaires and studying of some other federations with similar fiscal arrangements like Nigeria to draw useful lessons from their experiences.
According to the RMAFC chairman, the commission also visited all the 36 states and the FCT, the 774 local government areas to sensitize and obtain inputs from stakeholders.
He said literature reviews were conducted on revenue allocation formula in Nigeria dating back to the pre-independence period.
He added the commission received memoranda from the public sectors, individuals and private institutions across the country.
Mbam said since the last review was conducted in 1992, 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.
He said the number of local governments also increased from 589 to 774.

Auto

Rolls-Royce Cullinan takes inspiration from new fashion, creates ultimate SUV

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In line with their vision of creating an ultimate SUV, Rolls-Royce recently brightened up the Art Basel festival, held in Miami, Florida, the United States, revealing several courageous specifications marked by a progressive styling approach inspired by the fashion industry of today.

“The House of Rolls-Royce [revealed the] ‘Cullinan – Inspired by Fashion’, comprised two prêt-à-porter collections– the bold Re-Belle and striking Fu-Shion,” the super luxury automaker said at the event.

Since its first launch back in 2018, the Rolls-Royce Cullinan has established itself as a vehicle that takes luxury and comfort to a completely new level, according to an online auto journal, Auto Revolution.

Its interior craftsmanship is second to none, being spoiled with the finest materials and incredible attention to detail, giving passengers an unforgettable experience.

Developed under the Rolls-Royce Bespoke Collective label, the British brand’s latest creations are inspired by the brilliant colours and textures seen in the world of high fashion, in an effort to celebrate “the eclectic tastes and lifestyle of [Rolls-Royce] luxury clientele,” and produce genuine pieces of automotive art in the meantime.

Also regarded as a firm statement of the infinite customizing possibilities that their Bespoke program can offer, the Cullinan – Inspired by Fashion collection is comprised of eight distinct personalities.

Each member of the collection comes finished in two interior color-ways in contrasting accents.

The Lime Green and Peony Pink layout schemes are available in the case of Re-Belle, while the Mandarin or Forge Yellow themes uniquely furnish the inside living space of the Fu-Shion, contrasting against the Arctic White or Cashmere Grey bespoke leather upholstery.

Each interior choice may be combined with one of two carefully selected exterior colors, albeit for a more eye-catching or subdued appearance, according to customer preferences.

Even more, in the case of the Re-Belle, the dashboard fascia gets an exquisitely crafted handwoven stainless-steel fabric inspired by metallic garments seen on this year’s catwalks.

The delicate 0.45 mm diameter thread is designed to create a captivating atmosphere on the inside as the vehicle moves, and the handwoven pattern catches and reflects light in distinctive ways.

Complimenting the interior highlights of the Re-Belle are the gorgeous Lime Green, Gunmetal, Wildberry, or Arctic White exterior colors, forming a perfect pairing for the selected interior layouts.

The Fu-Shion models act upon the Black Badge character of the Cullinan, reinterpreting high fashion from a utilitarian perspective, so deeply engraved in Cullinan’s perceived personality, as the pinnacle of luxury that can go effortlessly everywhere.

The RR’s in-house designers devised two interior themes for Fu-Shion: an eye-catching combination of Military Green, Navy Blue, and Mandarin and an Arctic White and Cashmere Grey leather blend contrasting with Forge Yellow accents.

Last but not the least, the Cullinan Fu-Shion can be commissioned in one of four exterior colours, depending on the interior palette: Military Green, Burnout Grey, Forge Yellow, or Tempest Grey.

All the models from the Cullinan – Inspired by Fashion collection come exclusively fitted with the brand-new Starlight Tailgate, a superb addition to the usual Starlight Headliner that is designed to further extend the cosmic ambiance outside the vehicle for the ultimate experience.

Also a bespoke feature, the Starlight Tailgate consists of 192 gently illuminated star-like LEDs embedded into the perforated leather, taking over 22 hours to recreate.

Even more, the vehicles benefit from the Viewing Suite, creating the ideal environment for celestial night exploration, at any given moment.

Of course, a Rolls-Royce Cullinan – Inspired by Fashion collection would not be complete without a matching set of luggage offerings, made to complement each of the four interior theme layouts.

It includes the 24-hour Weekender, the 48-hour Weekender, the Holdall, Tote Bag, and Organiser Pouch, consisting of a total of five pieces that can be purchased either as a complete set or separately.

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Railway

Abuja-Kaduna train: NRC opens online, mobile app ticketing Sunday 8am

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…gives more stringent conditions

As train operation resumes on the Abuja-Kaduna rail corridor this Monday December 5, 2022, the Nigerian Railway Corporation (NRC) has said that the purchase of tickets by proxy for the Abuja-Kaduna passenger train service will be limited to only minors and a specified number of adult passengers.

It also stated that online and mobile app ticketing would be available from 8am in the on Sunday, December the 4th, 2022 while the ticket offices at the train stations would open from 6:30am on Monday, December the 5th.

This is part of the stringent security measures announced by the NRC as contained in a new statement issued by the management of the corporation.

The statement also indicated that the first train would depart the Rigasa Train Station in Kaduna State to Abuja by 8am while from Abuja, the first train would depart Idu Train Station to Kaduna by 9:45am.

The NRC management also revealed that as part of the new security measures, it is now mandatory for passengers to present their National Identity Number (NIN) and valid boarding ticket before they will be allowed to board.

Part of the statement by the NRC read, “This is to inform the general public that Nigerian Railway Corporation on the directive of the Federal Government through the Ministry of Transportation will resume the Abuja Kaduna Passenger train service on Monday 5th December 2022.

“The commuting public is hereby advised that as part of the new security measures on the Abuja Kaduna service, it is now mandatory to present the following documents before being allowed to board the train:

“National Identification Number (NIN) to every adult boarding the train.

“Valid boarding ticket: No access will be allowed into the departure or arrival hall without a valid ticket.

“Purchase of tickets by proxy is only limited to minors and a specified number of adult passengers.

“All individual adult travellers must submit their NIN before the ticket can be issued.’’

The NRC suspended train service on the Abuja Kaduna route following the attack by some terrorists on a moving passenger train on March 28, 2022, with many passengers on board.

The attack which occurred a few kilometres from Kaduna metropolis had about eight people killed, with dozens injured and some others kidnapped by the bandits.

The terrorists, who attacked the Kaduna-bound train have released hostages in tranches with the last release coming on October 5, 2022.

 

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Business

Labour Party’s structure stronger than APC, PDP, says Utomi

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  • ‘Two ex-president backing Obi’

Professor of political economy, Pat Utomi, has said two former heads of state are supporters of Peter Obi, presidential candidate of the Labour Party.

The PUNCH reported Utomi to have spoken in Abuja on Friday during a town hall meeting organised by the BIG-TENT, a coalition of political parties, social movements, and civil society organisations (CSOs), in support of Obi’s presidential ambition.

Utomi, who is the convener of the coalition, did not disclose the names of the ex-heads of the state.

He said the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) do not have a strong structure like the LP.

He said the group had developed “real structures” for the LP to take Nigeria back from those who had misruled the country.

“Money alone doesn’t win elections. Two former heads of state have said to me they are Obidients. A lot of people want to join the movement without joining the Labour Party to ensure that Obi and Baba-Ahmed win to capture our country back from those who have held us down,” he said.

Utomi also said, “The LP has better structures than the Peoples Democratic Party and the All Progressives Congress. When people talk about structures, I kind of laugh because they don’t understand the meaning of structure.

“The structure is a criminal network of people who can fix elections, and we have to stop that; that’s not structure.

“We at the BIG-TENT have worked at developing real structures and they are going to be shocked at what they will see.

“Many of the Peter Obi support groups have structures on their own that can win these elections. At every poll during the election day, we will have 20 people who belong to these structures.

“When they get to the polling units, it won’t be business as usual. And when they try to mess things up by doctoring information technology from the Independent National Electoral Commission (INEC), they will meet us there because we know they are planning things like that but they will meet us there with technology.”

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