The Governor of Bauchi State, Bala Mohammed, claims they are yet to benefit from the improved revenue generated by the oil sector, because the remittances are not being properly credited to the Federation Account.
Mohammed has now urged the Federal Government to provide a clear and detailed explanation to the public as to why the revenues that have been collected are not being properly remitted for distribution and sharing among the three tiers of government as stipulated by the law.
The governor disclosed these when the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, paid a courtesy call at the government house ahead of the 2024 Conference for the National Council on Finance and Economic Development ongoing in the state.
