Lagos Frains Review Of Revenue Sharing Formula, Demands Special Status
In the current sharing arrangement, the federal government is entitled to 52.68 percent while state governments get 26.72 per cent and LGAs receive 20.6 percent The Lagos State Government has demanded a new revenue sharing formula that is fair, equitable and reflects the contribution of stakeholders to the nation’s coffers. Governor Babajide Sanwo-Olu made the … Read more