Question on: JAMB Government - 2002
The body set up to review the revenue allocation formula in 1980 was the
A
Udoji Commission
B
Okigbo Commission
C
Dina Commission
D
Adebo Commission
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Correct Option: B
Okigbo Commission was the body set up to review the revenue allocation formula in 1980.
The commission known as the presidential commission recommended the following.
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55% to the federal government
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35% to state government and
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10% to local governments the Principles considered were:
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Minimum responsibility.
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Social development
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Population and
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Internal revenue effort.
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