Which commission recommends how revenue in the Federation Account is shared among the federal, state and local tiers?
Answer and explanation
Correct answer: B. The Revenue Mobilisation Allocation and Fiscal Commission
- Step 1: Oil and other revenues are paid into one account. Step 2. The sharing formula is proposed by a commission set up for that purpose. Answer: The Revenue Mobilisation Allocation and Fiscal Commission. Why not the others: the Federal Character Commission watches appointments, the CCB checks officials, and the NPC counts people.
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