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The body set up to review the revenue allocation formula ...

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

Correct answer is 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.