THE REVENUE ALLOCATION FORMULAR IN NIGERIA: A CONTINUOUS SEARCH
Victor I. Lukpata (Ph.D)
ASTRACT
Resource disbursement is a fundamental fiscal issue in the practice of Nigerian federalism. This is largely so as the nation, has federating units with their respective constitutional responsibilities to execute. The Federal, States and Local Governments which constitute the three tiers of government in Nigeria are each given tax-raising powers. The responsibility of disbursing the fund accrued in the common pool account is the exclusive preserve of the federal government. The disbursement of revenue to the three tiers of government in Nigeria has been a subject of hot debate
No comments:
Post a Comment