The
senate today renewed its commitment to review the current revenue sharing formula
to prevent looming danger of bankruptcy in some states.
The
senate also urged the 36 states government in the country to diversity their
economics in order to enhance internally generated revenue in such areas as
agriculture, tourism in such areas as agriculture, tourism, solid minerals
among others.
The
above are part of the recommendations adopted by the senate while considering
the reports of its Ad-hoc committees on National Planning, Economic Affairs,
Appropriation finance and states and local government that earlier investigated
the alleged looming bankruptcy in some states.
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