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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Nigeria: Governors and the revenue allocation formula

Posted on 10 February 2011

From Allafrica.com: As the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) reviews the country’s revenue allocation formula, one begins to wonder if there is, indeed, any justification for increased revenue to the states.
And on account of very poor performance, justification for the existence of most local governments is a lot more difficult than finding out how much the federal government actually does for the people……………………………………….Full Article: Source


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