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By Ebienfa Kimiebi Imomotimi and Kumokou Isaac

Abstract

This paper delves into one of the most controversial issues in the political economy of Nigeria. Equitable revenue allocation in Nigeria is one perennial problem which has not only defied all past attempts at permanent solution, but has equally evoked high emotions on the part of all stakeholders. The paper argue that the displacement of agricultural products by oil as the focal point of national revenue, and the attendant relegation of the principle of derivation in revenue allocation, is the root cause of the revenue allocation debacle in Nigerian federalism. The focus on revenue sharing rather than revenue generation is the root cause of political, economic and social decay in the country and has equally led to the proliferation of unviable state and AFRREV IJA

Topics: Revenue Allocation, Derivation Principle, Oil, Federalism
Year: 2016
OAI identifier: oai:CiteSeerX.psu:10.1.1.1025.3917
Provided by: CiteSeerX
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