Continued from last week
Secondly, since there is a widespread insistence on the recognition of the derivation principle in our revenue-allocation exercise, I think that 10 per cent of the Federation Account should be applied for this purpose. But instead of restricting the application of this principle to oil-producing States alone, it should be applied, so to say, across the board. Again, the resultant effect of this is as follows:
To be continued
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