• About
  • Advertise
  • Privacy & Policy
  • Contact
The Outlet Newspaper
Advertisement
  • Home
  • News
  • Business
  • Health
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Politics
  • Sports
  • Technology
No Result
View All Result
The Outlet Newspaper
No Result
View All Result
Home News

Senator Tinubu: Nigeria’s revenue formula needs review

Esther by Esther
September 6, 2020
in News
0
Senator Tinubu: Nigeria’s revenue formula needs review
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The National Leader of the All Progressives Congress, APC, Bola Ahmed Tinubu, has called for an urgent review of the revenue formula of the country.

According to Tinubu, if the fiscal elements of Nigeria’s economy are strictly supervised, the population of the country can be turned to prosperity rather than liability.

The APC national leader said this on Saturday in Akure, Ondo State capital during the commissioning of the Ondo State Internal Revenue Service Complex constructed by the Governor Oluwarotimi Akeredolu’s administration.

Commissioning of the complex was part of events to flag off the campaign of Governor Akeredolu’s reelection bid.

Tinubu who observed some loopholes in the revenue formula of Nigeria appealed to governors within the south-west geopolitical zone to apply synergy used in Oodua Investment to address the issue.

Describing Ondo State as a great potential for energy, economy and agriculture, Tinubu said when the potentials were fully utilized and youths were engaged, social unrest in the region would become history

“The cumbersome revenue formula of Nigeria as at today needs to be reviewed.

“If the fiscal element of our Nigerian economy is strictly well supervised, we can turn our population to prosperity instead of our liability

“You can equally use the synergy with the Odua investment to collaborate not only on Amotekun syndrome. Amotekun is a creation of necessity for hoodlums caused by unemployment, frustration and hunger.”

Earlier, Governor Akeredolu who said the state internally generated revenue had risen from N500m to N2b disclosed that the edifice cost nothing less than N800m.

The event was attended by Lagos State Governor, Babajide Sanwoolu, Osun State Governor, Gboyega Oyetola, Chief Bisi Akande among others.

Previous Post

Edo Election: We Will Bury Oshiomhole Politically, Says Obaseki

Next Post

Should I Continue To Beg Him Just Because Pastor Said He Is My Husband

Esther

Esther

Next Post
Should I Continue To Beg Him Just Because Pastor Said He Is My Husband

Should I Continue To Beg Him Just Because Pastor Said He Is My Husband

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
CLEEN Foundation organises accountability forum to strengthen civil-military relations

CLEEN Foundation organises accountability forum to strengthen civil-military relations

September 8, 2020

CLEEN Foundation put together stakeholders virtual meeting on Counter-Terrorism Legislation

August 21, 2020
More Nigerians Stranded In France, Others To Return Home – FG

More Nigerians Stranded In France, Others To Return Home – FG

August 12, 2020
CLEEN Foundation unveils a platform for continent-wide collaboration and sharing of innovative ideas.

CLEEN Foundation unveils a platform for continent-wide collaboration and sharing of innovative ideas.

November 2, 2020

British Socialite Ghislaine Maxwell Arrested In Epstein Case

0

Ganduje To Present Reviewed Budget To Kano State Assembly

0

Court Adjourns Ize-Iyamu’s N700m Fraud Suit

0

COVID-19: FG Making Plans For Students To Write Exams, Says Education Minister

0
Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

Talon of Benin is expected to win re-election after a ballot.

April 11, 2021
Gov. Lalong condemns the assassination of miners in Jos South.

Gov. Lalong condemns the assassination of miners in Jos South.

April 10, 2021
Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

On the Lagos-Badagry expressway, CP removes roadblocks.

April 10, 2021
Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

In the South-East and South-South, we have a serious security situation – I-G.

April 9, 2021

Recent News

Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

Talon of Benin is expected to win re-election after a ballot.

April 11, 2021
Gov. Lalong condemns the assassination of miners in Jos South.

Gov. Lalong condemns the assassination of miners in Jos South.

April 10, 2021
Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

On the Lagos-Badagry expressway, CP removes roadblocks.

April 10, 2021
Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

In the South-East and South-South, we have a serious security situation – I-G.

April 9, 2021
https://theoutlet.com.ng/wp-content/uploads/2020/11/ACJA-NON-CUSTODIAL-OPTIONS-TO-SENTENCING-COMMUNITY-SERVICE.mp4

Recent Posts

  • Talon of Benin is expected to win re-election after a ballot.
  • Gov. Lalong condemns the assassination of miners in Jos South.
https://theoutlet.com.ng/wp-content/uploads/2020/11/ACJA-PROPER-RECORDING-OF-SUSPECT.mp4

Recent News

Bandits kill four people in Kaduna’s Igabi and Jema’a LGAs.

Talon of Benin is expected to win re-election after a ballot.

April 11, 2021
Gov. Lalong condemns the assassination of miners in Jos South.

Gov. Lalong condemns the assassination of miners in Jos South.

April 10, 2021
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020 The Outlet

No Result
View All Result

© 2020 The Outlet