Taraba State Governor, Agbu Kefas, has called for equitable revenue allocation as the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) begins a nationwide data verification exercise.
The push for equitable revenue allocation highlights the state’s effort to ensure fairness in the distribution of national resources.
Data Verification Exercise Underway
A delegation from the Revenue Mobilisation Allocation and Fiscal Commission visited Taraba State as part of a nationwide fact-finding and data validation mission.
The exercise aims to:
- Review data submitted by states and local governments
- Ensure accuracy in revenue-sharing indices
- Reflect current socio-economic realities
Officials noted that the verification process is critical to determining how national revenue is shared across Nigeria.
Taraba Calls for Fair and Updated Revenue Allocation Formula
Governor Kefas emphasized the need for fairness in the allocation formula, noting that existing data may no longer reflect present realities.
He highlighted:
- Population growth across states
- Expanding infrastructure needs
- Increasing development gaps
According to him, updated and accurate data will ensure justice and equity in revenue distribution.
Importance of Accurate Data for National Planning
The RMAFC explained that revenue allocation depends on verified indices designed to promote fairness among states.
Key considerations include:
- Population figures
- Infrastructure development
- Economic activities
- Social indicators
The commission noted that changes in these factors over time make periodic data verification essential.
Collaboration with State Stakeholders
During the visit, the commission engaged with ministries, departments, agencies, and local authorities in Taraba to ensure comprehensive data collection.
Governor Kefas assured the delegation of the state’s support, including:
- Providing necessary data and logistics
- Ensuring security for the team
- Encouraging stakeholder participation
He also suggested capacity-building workshops to improve understanding of revenue allocation processes.
Implications of Fair Revenue Allocation for Taraba and Nigeria
Analysts say the outcome of the data verification exercise could significantly impact revenue distribution across Nigeria.
Potential benefits include:
- More equitable allocation of resources
- Improved funding for states
- Better alignment with current realities
For Taraba, the exercise presents an opportunity to secure a fairer share of national revenue.
Conclusion
The call for equitable allocation by Taraba underscores the importance of accurate data in Nigeria’s revenue-sharing system.
As the verification process continues nationwide, the results are expected to shape fiscal planning, promote fairness, and strengthen economic development across the country.
