Editorial
Address Rivers’ Revenue Denial By RMAFC
Last week Thursday, Rivers State Governor, Chibuike Rotimi Amaechi voiced discontent over what he considered manipulation of revenue of oil-bearing states, and pleaded with the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to perform its duties according to law, good conscience and reason.
Stopping short of accusing RMAFC of compromising its expected impartiality and integrity in the allocation of federal revenue, Governor Amaechi lamented the re-allocation of 86 oil wells originally belonging to Rivers to Akwa Ibom State, 45 to Abia and others including Soku Gas Plant to neighbouring Bayelsa.
The state governor, who made these disclosures, also wondered why revenue allocation involving oil wells could now be used to polarize oil-bearing states, and urged the federal revenue body to appraise its obvious missteps with a view to earning the confidence of all stakeholders.
These are very strong allegations that require urgent Federal Government attention, and in the National Assembly, careful probe, with a view to ensuring that the complaints do not degenerate into more serious inter-state acrimony.
Location of oil and gas wells ought not be subject of avoidable squabbles since every state knows or ought to know the reach and limits of its boundary, and by extension, its natural accruements. Besides, the National Boundary Commission (NBC) should be useful in conflicts of this kind and not to leave the federal revenue commission to, alone, decide who belongs to which state.
This is why the revenue commission should address the concerns raised by the Rivers State Government in a timely fashion and seek clarifications from the boundary commission, if necessary, to avoid any further heating up of the polity.
Happily, Governor Amaechi raised the concerns when he received in audience, members of the Federation Accounts and Allocation Commission (FAAC), post mortem sub-committee, an institution of RMAFC. This means, the report would have been received by the revenue commission, and thus, offers it the opportunity to purge itself of the grievous allegations leveled, and make public, the needed clarifications.
The FAAC post mortem sub-committee team “B” led by Chief Nimi Dambo-Kalabo was not known to have advanced valid reaction to the Rivers Government’s outcry, apparently because it was out of its brief. Theirs, we understand, is to critically analyse monthly returns of revenue generating agencies, with headquarters in Port Harcourt, and in course of that assignment paid the customary respects to the governor.
Now therefore, is the time to call on RMAFC to assess critically, its recent revenue allocation methods to avoid complaints of this kind in the future.
The Tide is concerned that litigations of every kind have recently attended work of the revenue commission in recent years, and makes the current Rivers protest one too many. That is why we consider it proper for other federal agencies, like the National Assembly, whose responsibilities also include raising questions on issues of this kind, to wade into the discrepancies to avert further eroding of confidence in the commission.
Editorial
HYPREP And The Collapsed Water Tank
Editorial
Resurgence Of Illegal Structures In PH
Editorial
Certificate Forgery, Loss Of Public Trust
-
News4 days agoRSG Woos Investors As PHCCIMA Unveils Port Harcourt Int’l Trade Fair
-
Sports3 days agoBarca Impress On Return To Camp Nou
-
Niger Delta3 days agoTraditional Ruler Seeks End To Benin Artifacts Unauthorized Promotion
-
Sports3 days agoSunderland Fall At Fulham
-
Sports3 days agoBundesliga: Oliseh Stars As Bayern Rebound To Thrash Freiburg
-
Sports3 days agoOgoni Nation Cup: Victory Against Amee Base Excites Coach
-
Sports3 days agoForest Embarrass Liverpool At Anfield
-
Oil & Energy3 days agoNERC Sets December 31 For CSP Registration, Mandates N100,000 Non-refundable Registration Fee
