The Minister of the Federal Capital Territory (FCT), Malam Muhammad Bello has made a case for a special revenue status to be accorded the FCT to enable it to meet up with its burgeoning infrastructure need. He stated this yesterday in Abuja, at an advocacy and sensitisation meeting on the review of the existing revenue sharing formula. The minister, who was represented by the Director of Human Resources Management, Dr. Bashir Mohammed, called for a new revenue sharing formula that is fair and equitable, taken into consideration the role the territory was playing in national development. He said the FCT administration would be in a position to execute projects that are of the highest quality if there is a corresponding increase in revenue sharing formula. The minister said the FCT needs a special revenue package to do more projects that would have a direct impact on the residents. He said an additional budget was required to execute the ongoing projects in the territory that are capital intensive.
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