Buhari, 36 governors meet over new revenue formula

Nigeria’s 36 state governors are to meet President Muhammadu Buhari to discuss the need to present a new revenue formula to the Ninth National Assembly for passage into law before the end of his regime.

Chairman of the Nigeria Governors’ Forum (NGF), Governor Aminu Tambuwal, disclosed this while speaking with journalists after the forum’s meeting on Wednesday in Abuja.

Mr Tambuwal said the governors discussed issues that bordered on national, sub-national, democracy and good governance, including the need for the timely release of the collected stamp duties warehoused in the Central Bank of Nigeria (CBN) for disbursement, revealing that “we are working to make sure that it is released for disbursements to both federal government and state.”

“Today, we discussed the guidelines by the Nigerian Financial Intelligence Unit (NFIU) on financial regulations that it is working on in ensuring that Nigeria is taken out of grey lists of the financial tax force. We also discussed the…

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Buhari, 36 governors meet over new revenue formula

 

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