Adam Oshiomhole Calls For Review Of Nigeria’s Revenue Allocation Formula

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The immidiate past Governor of Edo State, Adams Oshiomhole, has actually called for the testimonial of the revenue appropriation formula in favour of states and local governments in the nation.
Mr. Oshiomhole made the call at the colloquium organised by the Nigeria Labour Congress, NLC, on Wednesday in Abuja. The theme of the colloquium was:

“The Labour Movement and the Future of United Nigeria: What Role for Restructuring?”

He said that the review of the formula was overdue.

“We are now 17 years in democracy and for over 18 years that formula has yet to be reviewed,” he said.

He called for the transfer of resources to the states.

“If resources are transferred to each of the 36 states of the federation, those who want to grow can continue to grow, those who want to sleep and go slowly, let them do so. Those who want to run as fast as lion should be allowed to run, that could lead to the competition that we should have,” he said.

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