Taxation, revenue allocation, and fiscal federalism in nigeria 29 2 nigeria’s tax system 21 tax type and tax jurisdiction the assignments of fiscal instrument in nigeria were guided by constitutional. The history of nigeria’s revenue allocation system has witnessed significant what happened was that the pre-independence constitutional allocation of powers has . I want some political geeks in the forum to educate me on some revenue allocation formulas that could be generally accepted by the nigeria citizens. Nigeria: revenue sharing formula - can national assembly break the jinx revenue allocation regime pre-dated the 1960 independence the nigerian federal system has metamorphosed from a two . Cra launches policy to tackle marginalization in kenya the commission on revenue allocation (cra) has developed the second policy identifying marginalized areas and the criteria for sharing revenue from the equalization fund.
Nigeria tax system has been weak due largely to inadequate data of the tax base and heavy reliance on oil revenue taxation, revenue allocation and fiscal federalism in nieria: issues . Revenue allocation in nigeria, a central theme in government has a chaquered historical serious attention it deserved because of their pre-occupation with . To properly understand the issue of revenue allocation in nigeria, it may be necessary to broadly analyze the revenue system in nigeria in nigeria there is what is known as vertical and horizontal principle.
Controversies and conflict of resource control and revenue allocation in nigeria oil has system of revenue allocation and among the units of the federation from pre-. In this study, it is observed that the introduction of system of revenue allocation in the nigeria political economy dates bank to the political development of 1946 it is note worthy to state that the revenue allocation system in the political process had indeed been accompanied by constitutional changes over the decades. Almost five years ago the premium times published an article explaining how the problems of revenue allocation in nigeria destroy the country system of the . Revenue allocation formula in nigeria introduction prior to the discovery of oil in nigeria, other sectors of the economy thrived agriculture, for instance, was a major source of revenue for the western region.
This study empirically examines the impact of revenue allocation on economic development in nigeria specifically, the study looks at how the various revenue allocations to the three tiers of government affect real gross domestic product (rgdp) in nigeria using time series data for the period 1993 to 2012. Revenue allocation and political stability in nigeria for judgment on an allocation system in relation to the objectives of allocation system present the purpose . Revenue allocation system in nigeria pre- independence essay introduction nigeria is africa’s leading producer of oil and the seventh largest producer of crude oil in the world, and equally endowed with other numerous natural resources.
This system is what is generally referred to as revenue allocation which is a mechanism used to address the fiscal imbalances which emerge in the process of economic development. Revenue allocation and political stability in nigeria proposal this proposal is on revenue allocation and political stability in nigeria focusing on the impact of revenue allocation on the political stability in the development of the national economy and problems in revenue allocation like military interventions and other political insets . Local government and challenges of revenue allocation in nigeria (a study of yewa south local revenue allocation in federal system of government.
Revenue allocation and political stability in nigeria proposal this proposal is on revenue allocation and political stability in nigeria focusing on the impact of revenue allocation on the political stability in the development of the national economy and problems in revenue allocation like military interventions and other political insets which effort economic growth. By 1999, the revenue sharing arrangements inherited by the military in 1966 had been distorted to the point that the revenue allocation formula inherited by the civilian government assigned the . Others include the interim revenue allocation review committee, dina commission, the 1977 aboyade technical committee on revenue allocation, the 1979 okigbo commission, the 1981 revenue act, the .