By the arrangement, all offices that were occupied by northerners in the last eight years will go to the south and vice versa under the new arrangement.
This emerged following a meeting between President Muhammadu Buhari and 19 governors elected under the APC at the presidential, Abuja on Tuesday.
Also at the meeting were Vice President Yemi Osinbajo; Secretary to Government of the Federation (SGF), Boss Mustapha and the Chief of Staff to the President, Prof. Ibrahim Gambari.
Speaking while briefing correspondents on the outcome of the meeting, Governor Nasir el-Rufai, of Kaduna state, revealed that agreement had been reached on the zoning formula.
He said: “We have agreed on a zoning formula for all the six geo-political zones. Essentially, the northern zone will have the positions the south have had in the last eight years. And vice versa.
“It is a very simple, equitable and fair formula.
“We will now go back and consult at the zonal level and look at the positions that are available and the process of the convention preparation we started in earnest.
“So, by the grace of God, on the 26th of March, we would have done our national convention.”
Eighteen of the governors are in attendance at the meeting taking place at the Council Chambers.
They are from Yobe, Ekiti, Ebonyi, Jigawa, Cross River, Kaduna, Lagos, Borno, Niger, Gombe, Osun, Kebbi, Anambra dep, Nasarawa, Kwara, Kano, Imo, Kogi, Ogun, and Plateau states.
The outgoing deputy governor of Anambra State is also in attendance.