REVENUE ALLOCATION IN NIGERIA

REVENUE ALLOCATION IN NIGERIA


NUMBERS PAGES: 70        RESEARCH TYPE:- PROJECT         AMOUNT :- ₦2500

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ABSTRACT

Whatever the theoretical and practical imperatives of federalism are, revenue
allocation (livewire in authoritative value allocation or who gets what, when, how and where?) remains an object of intense politics and, unquestionably, a major source of inter-group or inter-regional antagonism. Nigeria is no exception to this rule. Politics, well-anchored possess the potential of balancing conflicting interests and resolving socio-economic and political contradictions in the society. How far have politics in Nigeria gone in resolving contradictions associated with revenue allocation? This paper identifies six major contradictions/challenges confronting revenue allocation practice and concomitant inter-governmental fiscal relations in Nigeria, name: Non-Correspondence Problem; Fiscal Autonomy and Independence; Who Owns the Golden Goose (Federal Government, States, Local Governments or Communities?); Federation Account and Derivation Fund; Oil- Producing Areas and the Derivation Principle; and Inter-governmental Fiscal Relations and the Economy. Upon analysis, the paper argues that the Nigerian State
have not, and may well not be able to, resolve these nagging issues. The politically and economically fragile Nigerian state, operating in a highly unstable, fragile and geo-politically polarized society shows limited capacity to deal with these challenges. By this default, the paper argues, the promise of inventing development-promoting revenue sharing formula is lost in Nigeria. National progress is the ultimate casualty.
Keywords: Revenue allocation, federalism, Nigeria

TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Proposal
Table of contents

CHAPTER ONE: Introduction
1.1 Brief Review of the Nigerian Experience as a Nation State
1.2 The Various Sources of Revenue to the Nigerian State
1.3 The Need/Basis of Allocation of Revenue
1.4 Statement of Research Problem
1.5 Purpose of the Study
1.6 Statement of Hypothesis
1.7 Significance of the Study
1.8 Scope and Limitation of the Study
1.9 Definition of Terms
CHAPTER TWO: Literature Review
2.1 The Definition of Revenue Allocation
2.2 The Definition of Political Stability
2.3 The Various Methods of Revenue Allocation
2.4 The Various Methods have help in Bringing about Political Stability or
Other wise in the Past
2.5 Criteria in use for Revenue Allocation
2.6 A Review of Federal Revenue Share 1992 – 1995
2.7 A Review of State Revenue Share 1992 –1995
2.8 A Review of Local Government Revenue Share 1992 –1995
2.9 Emergent Issues in Revenue Allocation 1999 Constitution and Newly Proposed Revenue Allocation (2001)

CHAPTER THREE: Research Methodology
3.1 Research Design
3.2 Interview
3.3 Source of Data
3.4 Primary Data Sources
3.5 Secondary Data Sources
3.6 Statistical Method Used
CHAPTER FOUR: Data Presentation and Review of Pre-independence Revenue Sharing Allocation Formula
4.1 1946 Revenue Allocation Formula
4.2 1957 – 1958 Revenue Allocation Formula
4.3 1963 – 1964 Revenue Allocation Formula
4.4 Review of 1989 – Revenue Sharing Formula
4.5 Review of 1995 Revenue Sharing Formula
4.6 Review of 2012 till date Revenue Sharing Formula
4.7 Hypothesis Testing

CHAPTER FIVE: Introduction
5.1 Summary of Findings
5.2 Recommendations
5.3 Conclusion
5.4 Area of Further Research
Bibliography

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