Nigeria Federalism And Fiscal Federalism
Keywords:
Federalism, true federalism, fiscal federalism, buchan fiscal residuum theoryAbstract
Nigeria federalism is beset with structural imbalance and as such true federalism implies that the federating units should pursue their own development at their own pace, utilizing resources within their territory and under their control. In recent times the imbalance in revenue allocation has informed several section of the country to agitate self- determination and resource control. In order to address this ugly predicament, two objectives and research questions were raised to guide the study. The buchan fiscal residuum theory was adopted as theoretical framework for the study. The study relied on secondary data and as such historical design was employed. Content analytical technique was used to analyze the data derived from the secondary sources. Based on the analysis, it was found that the current revenue allocation formula is no longer visible which has also led to several agitations from the federating units. The study recommended among others that revenue allocation formula should favour the federating units more so as to enable them boost their revenue capacity for effective and efficient developmentReferences
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