Ambode lagos being shortchanged in resource distribution

A very timely and relevant topic!

As the former Governor of Lagos State, Akinwunmi Ambode, has indeed raised concerns about the state being shortchanged in the distribution of resources from the Federal Government. Here are some key points to consider:

1. Revenue allocation: Lagos State is the economic hub of Nigeria, generating a significant portion of the country's revenue. However, the state receives a relatively small percentage of the total revenue allocated to states, despite its large population and economic contributions.
2. FAAC allocation: The Federation Account Allocation Committee (FAAC) is responsible for distributing revenue from the Federation Account to states and local governments. Lagos State has consistently received a lower allocation from FAAC compared to other states, despite its larger population and economic output.
3. Lagos' contribution to the Federation Account: Lagos State contributes significantly to the Federation Account, accounting for about 30% of the total revenue generated. However, the state receives only about 10% of the total allocation from the Federation Account.
4. Inequitable distribution: The current revenue allocation formula is seen as inequitable, as it favors smaller states with smaller populations and economies. This has led to a situation where larger states like Lagos, with larger populations and economic contributions, receive a smaller share of the revenue.
5. Impact on Lagos' development: The shortchanging of Lagos State in resource distribution has significant implications for the state's development. It limits the state's ability to invest in critical infrastructure, education, healthcare, and other essential services, which can have long-term consequences for the state's economic growth and development.
6. Calls for reform: Ambode and other stakeholders have called for a review of the revenue allocation formula to ensure that states like Lagos receive a more equitable share of the revenue. This could involve a more progressive formula that takes into account the economic contributions of each state.

To address this issue, there are several steps that can be taken:

1. Review of the revenue allocation formula: The Federal Government should review the revenue allocation formula to ensure that it is more equitable and reflects the economic contributions of each state.
2. Increased transparency and accountability: The Federal Government should increase transparency and accountability in the distribution of revenue to states, to ensure that each state receives its fair share.
3. Investment in infrastructure: The Federal Government should invest in critical infrastructure in Lagos State, such as transportation, energy, and water supply, to support the state's economic growth and development.
4. Economic empowerment: The Federal Government should implement policies and programs that empower Lagos State to drive economic growth and development, such as supporting small and medium-sized enterprises (SMEs) and promoting industrialization.

By addressing these issues, the Federal Government can help ensure that Lagos State receives a more equitable share of resources and can continue to drive economic growth and development in Nigeria.