The Presidential Fiscal Policy and Tax Reform Committee has unveiled plans to transition from monthly to daily disbursement of allocations across the three tiers of government.
This is in a bid to revamp the Federation Account Allocation Committee disbursement mechanism.
The committee’s Chairman, Taiwo Oyedele, disclosed this while speaking at a public consultation workshop in Abuja. He emphasied the need to modernise the current system which he likened to antiquated practices dating back to 1814.
Under the proposed reform, the Fiscal Policy and Tax Reform Committee will adopt a daily disbursement strategy, a departure from the traditional monthly allocation meetings.
More Posts for Show: JUBILEE MORNING DIALOGUE (YORUBA)