Revenue Formula: Ex-ALGON chairman calls for review


Mr Itiako Ikpokpo, immediate past Chairman of the Association of Local Government of Nigeria (ALGON) Delta chapter, has called for a review of the nation’s revenue sharing formula.

Ikpokpo told the News Agency of Nigeria (NAN) in Abuja that “adjustment of the formula is the best solution to the financial problem bedevilling the local government system’’.

He said that the nation’s yearning for grassroots growth and development would remain a mirage until conscious efforts were made to review the local government system, especially in the area of funding.

Ikpokpo, former Chairman of Isoko South Local Government Area, pointed out that local government autonomy being clamoured for by many stakeholders could not achieve the desired results.

“As good as it is, autonomy will not do us any favour if the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), does…

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