2005Global Journal of Social SciencesOpen access

Governance And Fiscal Federalism In Nigeria

NI Udoka

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Abstract

The issue of Fiscal federalism has remained a thorny issue on the Nigerian political scene. The extent of disagreement about what should be an acceptable formula is evidenced in the number of revenue allocation commissions set up since 1946. This paper is of the view that the principle of derivation should he given more prominence in the sharing formula. Secondly, the Federal Government should be more sincere and honest by adhering strictly to the agreed formula in the disbursement of revenue to the various tiers of government and also among the various states. Global Journal of Social Sciences Vol.3(1&2) 2004: 29-36

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The issue of Fiscal federalism has remained a thorny issue on the Nigerian political scene. The extent of disagreement about what should be an acceptable formula is evidenced in the number of revenue allocation commissions set up since 1946. This paper is of the view that the principle of derivation should he given more prominence in the sharing formula. Secondly, the Federal Government should be more sincere and honest by adhering strictly to the agreed formula in the disbursement of revenue to the various tiers of government and also among the various states. Global Journal of Social Sciences Vol.3(1&2) 2004: 29-36

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Available abstract

The issue of Fiscal federalism has remained a thorny issue on the Nigerian political scene. The extent of disagreement about what should be an acceptable formula is evidenced in the number of revenue allocation commissions set up since 1946. This paper is of the view that the principle of derivation should he given more prominence in the sharing formula. Secondly, the Federal Government should be more sincere and honest by adhering strictly to the agreed formula in the disbursement of revenue to the various tiers of government and also among the various states. Global Journal of Social Sciences Vol.3(1&2) 2004: 29-36

Key concepts: Federalism, Revenue sharing, Disbursement, Fiscal federalism, Revenue, Government (linguistics), Corporate governance, Politics

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