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.
1. 55% to the federal government
2. 35% to state government and
3. 10% to local governments the Principles considered were:
1. Minimum responsibility.
2. Social development
3. Population and
4. Internal revenue effort.
The commission known as the presidential commission recommended the following.
1. 55% to the federal government
2. 35% to state government and
3. 10% to local governments the Principles considered were:
1. Minimum responsibility.
2. Social development
3. Population and
4. Internal revenue effort.
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