Tinubu’s reforms push FAAC allocations above N2trn monthly – Oyedele
The News Agency of Nigeria (NAN) reports that the theme of the three-day retreat is “Strengthening Fiscal Federalism for Equity, Sustainable Development and Economic Resilience in a Volatile Global Economy.
The retreat is expected to produce recommendations on revenue mobilisation, fiscal responsibility, debt sustainability, economic diversification and improved resource allocation.
The minister called for an urgent review of the nation’s allocation formulas to ensure equity across all the 774 Local Government Areas, while promoting fiscal responsibility and debt sustainability frameworks.
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