Categories: News

Akande Calls For Review Of Federal Functions, Allocation

The first Interim National Chairman of the All Progressives Congress (APC), Chief Adebisi Akande has called for the review of salient national resources sharing formula as well as revenue to aid the nation’s gradual exit from its myriad of challenges. According to Akande, it is necessary to recognise the federating units as the real channels of driving governance to make meaningful impact in the land.

 

Akande said to ameliorate the country’s multi-faceted problems, the fiscal sharing formula must be reviewed to ensure that more funds are taken to the federating units where real governance takes place.

 

The Elder Statesman in his goodwill message to the Southwest Development Summit of the Yoruba Patriots Movement on Tuesday noted that for greater prosperity to thrive, the Federal Government must largely off-load some of its responsibilities to the federating units.

 

He also canvassed for the use of Scientific Technology in making the country’s census more accurate as a panacea to the Nation’s retrogressive Progress.

 

The former governor of Osun state said: “Scientific technology must be used to ensure that our future population censuses are made accurate.

 

“Our zones/regions in their amicable variants must be recognised as the first-line federating units. The exclusive functions of the Federal Government must be largely off-loaded and shared among the federating units.

 

“Revenue allocation system must be related to tax efforts and the quantum and complexity of functions assigned to each tier of government. The present formula for allocating revenue among the 774 local governments directly from Abuja must be discarded and replaced with a more equitable formula which could encourage allocation to local governments by their States according to the dictates of their different Houses of Assembly.”

Recent Posts

Harsh Economy: Nigerians React As President Tinubu Spotted With Over 60-Vehicle Convoy In Lagos

In a video making waves on social media platforms, Nigerians have reacted with mixed feelings…

1 hour ago

Man Arrested For Insulting President Tinubu, Sanwo-Olu, IGP

A popular Nigerian TikToker identified simply as Seaking has been arrested by operatives of the…

7 hours ago

The Longest Prison Sentences Ever Served

Throughout history, some individuals have endured extraordinarily long prison sentences, with their stories reflecting the…

8 hours ago

Families Call For Help As DSS Arrests Lovers In Osun Community

There is growing tension in Modakeke, Osun State, following the alleged arrest of two lovers,…

12 hours ago

Ibadan Stampede: I Regret Not Heeding Spiritual Warning – Woman Who Lost Two Kids

A victim of the stampede that occurred in Ibadan, Oyo State capital, which has claimed…

12 hours ago

Trending Stories In Osun Today

The vibrant Osun State is no stranger to captivating events and headlines that draw attention…

12 hours ago

This website uses cookies.