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

Explanation

Okigbo Commission was the body set up to review the revenue allocation formula in 1980.

The commission known as the presidential commission recommended the following.

1. 55% to the federal government

2. 35% to state government and

3. 10% to local governments the Principles considered were:

1. Minimum responsibility.

2. Social development

3. Population and

4. Internal revenue effort.