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Senate rejects Bill seeking 1% federation revenue for Lagos

October 6, 2016
in Politics News
Senate rejects Bill seeking 1% federation revenue for Lagos
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TVC N. Senate yesterday rejected a Bill for one percent of federation revenue as special economic assistance package for Lagos state.

The rejection was immediately followed by altercation between lawmakers who were for and those against the Bill, resulting in a commotion that was immidiately brought down by Senate President Bukola Saraki.

The Bill seek to provide legislative backing to make it compulsory for the federal government to approve one percent of the national revenue as Special Economic Assistance for Lagos state.

In its debate on the Bill titled, “A Bill for an Act to Establish a Lagos State Special Economic Assistance Programme”, which was sponsored by the senator representing Lagos Central, Oluremi Tinubu, the senate terminated the Bill.

The Bill was rejected following the arguments by many of the senators that Lagos is not the only state that has need for Special Economic Assistance, even as they all started urging that government should also give their respective states and regions special economic assistance.

According to Magatakarda Wammako, there are many states facing financial challenges, which has led many to not being able to pay teachers salaries, even as he wondered why the case of Lagos should be different.

 

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