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Question 75 of 378

The body set up to review the revenue allocation formula in 1980 was the

  • A. Udoji Commission
  • B. Okigbo Commission
  • C. Dina Commission
  • D. Adebo Commission

Correct Answer: B

Explanation
The correct option for the body set up to review the revenue allocation formula in 1980 is B. Okigbo Commission. Detailed Explanation
  1. Understanding the Context:
  2. In Nigeria, the allocation of revenue among the different levels of government (federal, state, and local) is a critical issue that affects governance and development. Over the years, various commissions have been established to review and recommend changes to the revenue allocation formula to ensure fairness and equity among the states.
  3. The Okigbo Commission:
  4. The Okigbo Commission was established in 1980 by the Nigerian government to specifically address the revenue allocation formula. The commission was tasked with reviewing the existing formula and making recommendations that would reflect the changing economic realities and the needs of the various states in Nigeria.
  5. The commission was led by Professor A. O. Okigbo, and its findings were significant in shaping the fiscal policies of Nigeria. The recommendations made by the Okigbo Commission aimed to promote a more equitable distribution of resources among the states, taking into account factors such as population, land area, and the level of development.
  6. Why the Other Options are Incorrect:
  7. A. Udoji Commission: This commission was established in 1972, primarily to review the structure and management of the civil service in Nigeria. While it made recommendations that impacted governance, it did not focus on revenue allocation.
  8. C. Dina Commission: The Dina Commission was set up in 1981, after the Okigbo Commission, to address issues related to local government finance. It did not review the revenue allocation formula in 1980.
  9. D. Adebo Commission: This commission was established in 1979 to review the revenue allocation formula, but it was not the one that operated in 1980. Its recommendations were made prior to the Okigbo Commission's establishment.
Summary of Key Points
  • The Okigbo Commission was specifically set up in 1980 to review the revenue allocation formula in Nigeria.
  • It aimed to create a fairer distribution of resources among states based on various socio-economic factors.
  • The Udoji Commission focused on civil service reform, the Dina Commission was established after 1980, and the Adebo Commission was set up earlier, making them irrelevant to the 1980 review.
Revision Summary
  • The Okigbo Commission was established in 1980 for revenue allocation review.
  • It aimed for equitable resource distribution among states.
  • Other commissions (Udoji, Dina, Adebo) focused on different issues or were established at different times.
  • Understanding the purpose and timeline of these commissions is crucial for grasping Nigeria's fiscal policy evolution.
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