Adetunji Akintola

Revenue Allocation Formulae in Nigeria: A Continuous Search

Abstract  Resource disbursement is a fundamental fiscal issue in the practice of Nigeria 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 funds accrued in the common pool account is the exclusive preserve of the federal government. The disbur...