Nation
RMAFC Holds Public Hearing On Revenue Sharing Formula Soon
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it will begin public hearings on the review of the revenue sharing formula on October 3, starting with the South West geopolitical zone.
The chairman of the commission, Engr Elias Mba, disclosed this yesterday, in Abuja, when the commission paid a courtesy call on the leadership of the House of Representatives.
According to him, “on Monday we are going to start the public hearing with the South West zone, we appeal to state governors to attend”.
He said that it was imperative to look at the objectives and subject of the revenue formula, which he described as long overdue.
Mba said views on the new formula for sharing would also be sourced through a questionnaire, while urging the leadership of the House to assist the commission in letting people know the objectives of their mission.
He said that the last time a review of revenue sharing took place was in 1999, stressing that the commission felt strongly that the review had become necessary because many things had changed.
“There are some concerns such as security, environmental degradation, and erosion; so there is need to look at the sharing formula to ensure that what every tier of government gets is in line with their needs.
“This is a process and the end will determine it. We cannot do this without seeking advice from the leadership of the house,” he stated.
He said that the review of the revenue formula often took a process which was what happened after independence, adding that the commission would carry out extensive sensitisation and public hearing in the six geopolitical zones to ensure that everyone was carried along so that what it could come up with would be an equitable and acceptable formula.
“Your input and advice will go a long way. When we finish, we will bring our recommendation to the national assembly for further legislative action,” he said.
The Speaker of the House of Representatives, Rep Femi Gbajabiamila said that the commission remained one of unsung heroes in the country, because of its significance.
“You are carrying out an important job for reviewing the distribution formula of Nigeria’s wealth. It’s over 30 years now. We have to balance growth, bearing in mind that we operate a federal structure.
“You have your work cut out; it is not an easy job. For us in the House of Reps we will support you.
“I believe that embarking on this important assignment should not be based on sentiment or emotions, but statistics so that at the end of the day, your report will not be faulted,” he said.
He added that the House would be happy to do the amendment, while urging the commission to present a memo in a bid to strengthen its autonomy.
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Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
