Politics
Ikpeazu Harps On Fiscal Federalism
Governor Okezie Ikpeazu of Abia State has called for true fiscal federalism where States will have powers to manage resources in their domains, saying it is the only way forward for the country.
Ikpeazu made the call when he received in audience a delegation led by the Federal Commissioner, representing Abia State at the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Chris Akomas at Government Lodge, Aba.
He equally advocated in the case of natural resources that states should control those domiciled in their area and pay royalties to the federal government.
The governor recalled that the Eastern Region of Nigeria used to be the fastest growing economy in the world during the times of Dr. Michael Okpara; when there was true federalism with different regions controlling their resources.
He made it clear that every region was not equally endowed by nature and as such, they must be allowed to enjoy the advantages of those endowments since the regions also live with the disadvantages of such endowments, especially environmental degradation.
He stressed the need for funds reserved for Federal roads by the Federal Government to be sent to the states to fix such roads that cut across the states.
Ikpeazu maintained that states should be allowed and empowered to do Federal government roads in their domains.
The Governor observed that the call for states to make contributions to the ongoing review of the revenue sharing formula by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) was desirable, adding that the move for the review by the RMAFC was laudable and assured that Abia State would cooperate with the Commission and make her position known soon.
Dr. Akomas, who is the Chairman of the Committee on Disbursement of the Commission, had earlier told the governor that the team was in the state to sensitize the Abia State Government on the ongoing process of the review of the revenue sharing formula of the Federal Government.
He stated that the process of reviewing the revenue sharing formula is the constitutional responsibility of the Commission and said that response to the review was urgent while the next stage would be the Zonal Public hearings where states would make their positions known.
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Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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