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Durotoye Suggests 60% Revenue for States

The Presidential Candidate of the Alliance for New Nigeria (ANN) Fela Durotoye has said that in a restructured Nigeria; the sharing formula will be 20% for the State, 20% for the LGA and 20% for the town where the mineral resource is taken.

He said this during Channels Television Politics Today on Sunday, 4th November 2018.

The roughly 10 minutes interview had Mr Durotoye sharing about his New Nigeria vision, talking about the old Nigeria and the leaders who have participated in it, some of which he added: “participated in coups”.

On the issue of restructuring, he said that he will be proposing economic zones in Local Government Areas across the country.

Full Interview of Fela Durotoye below;

Professional Profile of Fela Durotoye

As Nigeria heads for the polls in 2019, there is a war of words, facts and propaganda by the ruling and opposition political parties.

Vice-President Yemi was quoted as saying our debt profile was at $10 billion dollars which is different from what the Debt Management Office which is under his Office has in their records.

BudgIT a civic engagement organisation that focuses on public finance and accountability has done a thread to put everything in perspective.


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