How can revenue be shared equitably in nigeria

He advised that all variables should be considered for the betterment of the most populous nation. The governor explained that his state was working on its internally generated revenue IGR , hoping to join the league of oil-producing settlements.

Bello said all that was needed at the end of the two-day sensitisation project in Minna were justice and equity in revenue allocation. The visitor, Shettima, observed that over the years, Nigerians have been agitating a new sharing formula at the expiration of the stipulated minimum of five years.

The commissioner regretted that various attempts to review the formula had suffered setbacks, pledging that the RMAFC was poised to the needful in deference to constitutional demand. According to him, in view of the changing socioeconomic and political dynamics in the nation, the commission had engaged stakeholders to fashion a new sharing formula. He said the evaluation was to fulfill the collective aspiration of the people for sustainable development, noting that the awareness was to enlist support of stakeholders and get their inputs.

Governor Abubakar Sani Bello of Niger. Latest Nigeria. Your donation is guaranteed to directly contribute to Africans sharing their research output with a global readership. Skip to main content Skip to main navigation menu Skip to site footer.

Abstract The Nigerian state became a federation in by virtue of the Lyttleton Constitution. Please use the link above to donate via Paypal. Politics of Revenue Allocation in Nigeria: a re-Visitation. You need JavaScript enabled to view it. Abstract Revenue sharing or allocation in federal political system is prone to a number of problems rooted in politics. Federalized system essentially places emphasis on cooperation and compromise.

Revenue allocation in a federal system is one such area that call for a great deal of consensus built on meaningful compromises. Of the many problem that have always arisen with regard to revenue sharing in all federations, two stand out with respect to Nigeria.