Africa Business Radio

The Minister of the Federal Capital Territory, 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.The minister 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 says 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 says the FCT needs a special revenue package to do more projects that would have a direct impact on the residents.