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Federation Account: Rights Group Demand Reduction of FG's Allocation.

Asia Africa Intelligence Wire

| September 28, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Vanguard (Nigeria) - AAGM)

Byline: Emeka Ugwuanyi

Socio-Economic Rights Initiative (SERI), a non-governmental organisation has said that allocation to the Federal Government from the Federation Account be tremendously reduced in order to make government at the centre less attractive.

SERI's Executive Director, Eze Onyekpere in a statement from the organisation signed by the Campaigns Officer, Jimmy Essiet, said that SERI is averse to the submission by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) that revenue sharing formula be heavily tilted in favour of the Federal Government.

RMAFC according to the SERI has …

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