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RMFAC Commends Akeredolu’s Industrialisation Drive

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RMFAC Commends Akeredolu’s Industrialisation Drive

by Wale Olubunmi
November 11, 2020
in News
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RMFAC Commends Akeredolu’s Industrialisation Drive
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The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has lauded Ondo State government drive in putting the state on the path of economic Independence through creation of industries.

The RMAFC team led by Alhaji Abdullahi Shuaibu Yaman gave the commendation during a courtesy visit to the State Governor Rotimi Akeredolu in Akure.

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Yaman in his remarks also commended Governor Akeredolu for using Agriculture to give the state an economic independence particularly through the Ondo-Linyi industrial hub.

He said:”States must start thinking now on how to generate revenue and use the FAAC for capital projects. We are entering the era of dwindling oil revenue. What Arakunrin Akeredolu is doing is for the future of Ondo State. He’s performing from his heart.

READ ALSO; AAUA Is Our Pride, Gov. Akeredolu Tells Management

“I’m so happy and I want to congratulate you on this foresight. You are already thinking about the deep sea port. You are already working on the bitumen that has never been explored in the state.”

The RMAFC team also applauded Governor Akeredolu for turning the fortune of the state around by improving on the Internally Generated Revenue (IGR) from the N700 million monthly IGR he inherited to N2Billion.

While assuring the Governor of their support the team also solicited the Governor’s support in making case for the independence of the body, stressing that the RMAFC should be an independent organization devoid of government interference and financial obligations.

Responding, Governor Akeredolu said there was a need to look into the law backing the organization again, stressing that the duties of the RMAFC is one that the independence must be asserted.

“The fact that state nominate their representatives is a semblance of independence. We can fine-tune the arrangement.”Akeredolu noted.

While making case for devolution of power, the Governor said most states in the country do not have the capacity to employ the unemployed youths.

He said the call for restructuring can not be louder than now , adding that there must be a fundamental change in the approach to the system of the government in the country.

He said:”The oil will not be in support of our economy in no distance future. Very soon, gas is coming. We are going to start running it, even in Ondo state.”

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