Presidential candidate of the All Progressives Congress, Bola Tinubu, is considering a review of the revenue-sharing formula among the three tiers of government, if elected as president in 2023.
The APC presidential candidate noted that too much powers and resources have been lodged at the federal level since the inception of this country hence he plans to review the sharing formula.
Tinubu said, “his administration will embark on a review of the federation revenue allocation system to recalibrate the division of funds amongst the three tiers of Government: Federal, State and Local. Tinubu also disclosed that his government will work with the National Assembly to review the existing exclusive legislative list and give more responsibilities to states and local governments.
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