History Of Revenue Allocation In Nigeria

Government revenues in nigeria decreased to 864 88 ngn billion in the first quarter of 2020 from 1418 87 ngn billion in the fourth quarter of 2019.

History of revenue allocation in nigeria. Nigeria has one federal government 36 state governments excluding the fct abuja which is being runned like a state on its own and over 760 local governments. Lawal department of history university of lagos from a historical point of view one can confidently say that most of nigeria s current. History of revenue allocation in nigeria. Revenue allocation in nigeria.

25 april 2018. Wiki user answered. 1983 jun 1984 the politics of revenue allocation in nigeria. In nigeria revenue allocation refers to the practice where the federal government shares a part of the revenue it generates with state and local governments without emphasizing what the funds must be used for.

International journal of social. Government revenues in nigeria averaged 873 38 ngn billion from 2010 until 2020 reaching an all time high of 1418 87 ngn billion in the fourth quarter of 2019 and a record low of 498 54 ngn billion in the second quarter of 2015. The problem of revenue allocation in the country seem to worsen as the number of governments competing for centrally collected revenue in the country increases. Journal of the historical society of nigeria vol.

Imp lications for sustainable national development. 2012 09 13 17 54 14 2012 09 13 17 54 14. 9 january 2018.