FISCAL FEDERALISM IN NIGERIA: ROBBING PETER TO PAY PAUL
Abstract
The issue of fiscal federalism and the management of the country’s resources has been a complex one among the federating multi-ethnic nations within the Nigerian federation. Several conceptual and theoretical analysis expounds the way economies can be managed in a bid to abridge developmental crisis. The crux of Nigeria’s problem lies in her federating arrangement which started in 1954 till date and has culminated in poor fiscal arrangement, disparity in the sharing of resources among the local, state and federal government, minority domination, and: agitation for resource control. Based on the above, this paper seeks to critically review the challenges of fiscal federalism and resource control in Nigeria in which the regions that produces the revenue are not adequately rewarded.The present revenue arrangement derogates the right of ownership.It is recommended that the revenue allocation formular be revisited. The percentage allocation to the state and local governments should be increased to 30% each for more purposeful governance.
Downloads
References
Ake, C. (2000). The feasibility of democracy in Africa; Council for the development of social sen nee research, Senegal (Post Humus Publication).
Amadi, N. N. &Oruwari, N. (2008). Issues in fiscal federalism and expenditure patterns in Nigeria. Rivers Journal of Social Sciences, 6(1 & 2), 61-73 .
Ariyo, A. (1999). Governance and fiscal reform in fiscal planning and management in Nigeria. Ibadan, National Council for Economic Management and Administration. 9(46), 59-72.
Brian, B. (2014). The inequality of economic inequality while attempting to fix it, The Nation January, Sunday 26, 8(2740), 68.
Ecoma, E.S. &Ecoma, C.S. (2011). Fiscal federalism and good governance in Nigeria since independence. American Research Journals, 4(1), 2378-7031.
Ejeh, A.W. &Orokpo, E.E. (2014). Fiscal federalism in Nigeria: An analysis of issues and challenges. International Journal of Peace and Conflict Studies. 2(1), 2354-1598.
Ekpo, A. (2004). Intergovernmental Fiscal Relations: The Nigerian Experience. Paper Presented at the 10th Year Anniversary of the Financial and Fiscal Commission of South Africa, Cape Town, 1012, August
Ekpo, A. H. (1994) Fiscal Federalism: Nigeria Post-independence Experience. World Development, Quarterly Journal of Administration, 22(8), 17-28.
Ewetan, O. O. (2011). Fiscal Federalism and Macroeconomic Performance in Nigeria. Unpublished PhD Thesis, Covenant University, Ota, Ogun State, Nigeria.
Ewetan, O.O., Ike, D.N & Ige, C.S. (2015). An examination of relevant issues in Nigeria’s fiscal federalism. Journal of Research in Humanities and Social Studies. 2(3), 2394-6296.
Gene, C. (2004). Economics for real people; An introduction to the Austrian School. (2ndedi(ion) Auburn, Alabama, U.S.A Ludwig’ von Mises Institute. j
Hayek, F.A. (1979). Law, legislation and liberty: The political order of a free people.Chicargo, U.S.A; University of Chicago Press.
Litvack, J. I. & C. I. Wallich (1993). Intergovernmental finance: Critical to Russia’s transformation? Finance and Development, 3(2), 6-9.
Ma, J. (1995). Macroeconomic management and intergovernmental relations in China, working Papers (1408), The World Bank, 14 April.
Marcellus, I.O. (2008). Re-inventing Nigerian federalism: A comparative dimension. An international conference on the Nigerian state oil industry and the Niger Delta, conference proceedings, Port Harcourt, Harley Publication.
Musgrave, R.A. & Musgrave, P. B. (2004). Public finance in theory and practice. New Delhi: McGraw Hill Publishers.
Nnanna, O.J. (2002). Fiscal decentralize and the challenges of macroeconomic stabilization and debt management CBN Publication 13(3). 39-62.
Nwaeke, G.C.; Oruwari, N. &Amadi, N. (2013). Peace Culture and Public Sector Growth: / panacea for Nigeria's nation building. Rivers Social Sciences forum, 12(5), 93-100.
Okhonmma, S. (2008). Resource allocation in federations: the politics of the Nigerian experience. International conference on the Nigerian state, oil industry and the Niger Delta. Conference Proceedings, Port Harcourt Harley Publication.
Olasupo, F.A. &Erhum, N.O. (2008). Fiscal federalism in Nigeria. Constitutional or political solution (International conference on the Nigerian state, oil industry and the Niger Delta, Conference Proceedings, Port Harcourt, Harley Publication.
Owugah, L. (2008). The Niger Delta conflicts: resource control and revolutionary violence. International conference on the Nigeria State Oil Industry and the Niger Delta. Conference proceedings, Port Harcourt, Harley Publication.
Perepreghjbofa, J.D. &Nabhon, J.D. (2008). Development crisis in the Niger Delta: the resource control \ option', international conference on the Nigerian state, oil industry and the Niger Delta, Conference proceedings, Port Harcourt, Harley Publication.
Roa, M.G (2007). Resolving fiscal imbalance: issues in tax sharing. Washington D.C. World Bank Publication 92(137), 319-38.
Rothbard, M.A. (1997). Toward a reconstruction of utility and welfare economics. UK retrieved from http:// www.mises.ore/rothbard/toward,pdf.
Tukur, H.A. (2005). Fiscal federalism in a democratic system of government: the Nigerian experience. Kano public lecture of the National Council on finance and economic development, September, 1-2, 2005.
Uranta, I.B. &Ibiamu, G.P. (2011). Federalism and the national question in Nigeria: prospects for political stability. Rivers Journal of the social sciences. 8(1 &2), 191-200.
Yaakoo,D.P, Ndalu, T.C & Micah, L.C (2021). Fiscal federalism: The Nigeria Experience. International Journal of Iinnovative Social Science & Humanities Research 9(4), 1-12.
Copyright (c) 2023 WASINI, ESINKUMO ALLEN & MICAH, LEYIRA CHRISTAIN
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Author(s) and co-author(s) jointly and severally represent and warrant that the Article is original with the author(s) and does not infringe any copyright or violate any other right of any third parties and that the Article has not been published elsewhere. Author(s) agree to the terms that the GPH Journal will have the full right to remove the published article on any misconduct found in the published article.
