Nation | by Ibrahim Oruko
The controversial third basis revenue-sharing formula has finally come into effect after the Senate received it yesterday from the National Assembly, which approved it last week without amendments.
The formula, which was a basis of a paralysing debate in the Senate, will take effect next year and run through to the 2025/26 financial year.
Senate Deputy Speaker Margaret Kamar communicated to the House the National Assembly’s decision and added that the formula will be in operation until a new one is adopted…
