Rivers State governor, Nyesom Ezenwo Wike has advocated a new revenue sharing formula that will make the states get more money for development.
Wike made the call yesterday, when he received a delegation of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) on a courtesy visit at Government House, Port Harcourt.
The governor stated that the states bear more development burden and would require more money to cater to the needs of the people.
He said: “There cannot be federal government without the states. So, we advocate a new revenue formula that should take more revenue out of the federal government and given to the states”.
“This is because, the burden is more on the states than the federal government. So, the states should have more revenue to cater for the people.”
Wike described the comments credited to his Bayelsa State counterpart, Senator Douye Diri over ownership of Soku oil wells as unfortunate.
