Tag: Federal Allocation Sharing Formula
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It’s time to change revenue sharing formula – Fayemi tackles FG
Kayode Fayemi, governor of Ekiti and Chairman of Nigeria Governors’ Forum (NGF), says it’s time for revenue sharing formula to change. The governor made the call on Monday while fielding questions from journalists at the statehouse in Abuja. In the current revenue allocation formula, the federal government gets 52.68%, states get 26.72% and local governments,…