Senate Committee Gets A Breakthrough On Revenue Sharing

A New Formula For Sharing Revenue Among Counties Could Be In Place By Next Week After A Senate Committee Formed To Broker A Deal On The Contentious Formula Announced A Breakthrough. The 12-Member Team Made The Announcement On Wednesday After Eight Days Of Intense Negotiations On The Third Basis For Sharing The National Cake Among The 47 Devolved Units. The Panel However Declined To Disclose The Contents Of The Final Formula They Have Agreed Citing Standing Orders That Bars It From Making The Disclosure.