Lagos State Government calls for review of revenue allocation formula

The Lagos State Government has called for a review of the revenue allocation formula, saying the one currently operating in the country is unrealistic.

The Commissioner for Finance, Rabiu Olowo, stated this yesterday at a sensitisation workshop on 2021 Revenue Allocation Formula Review held in Agidingbi, Ikeja.

According to him,The current revenue allocation formula is far from being realistic as the country has evolved over the years.


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