Analysis Of Revenue Generation And Allocation To The Three-Tiers Of Government In Nigeria (2000-2009)

IBEABUCHI VICTOR | 56 pages (8738 words) | Projects

ABSTRACT  

This study examined and investigated on the analysis of revenue generation and allocation to the three-tiers of government in Nigeria with Abia State Ministry of Finance and Economic Planning as the case study. Specifically, the objectives of the study are to: analyze the growth rate of the internally generated revenue and the revenue allocation from the deration account to the three-tier government system of Nigeria, compare the revenue allocation from the federation account with the income generating capacity of the three-tiers, assess the relationship between the revenue sharing formula and the income generating capacity of the three-tiers, make policy recommendation based on findings. Primary and secondary data were used, primary data employed includes the use of interviews, observations and well structured questionnaire to elicit some vital information from the respondents. Also secondary data used include: textbooks, CBN and Federal Ministry of Finance Journals, newspapers and magazines etc. The population of the study is 650 workers and the sample size is 250 based on the application of Taro Yamori formula as my statistical tool. My findings are that there are inequalities in the revenue sharing formula and no clear basis of revenue allocation either based on land mass, oil wealth, population, equity, internal revenue effort, social development factors etc. Some of my recommendations are that there should be percentage increase in the present 13% derivation fund and the basis of the sharing should be clearly defined to avoid agitations by the states and local governments.

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APA

IBEABUCHI, V (2021). Analysis Of Revenue Generation And Allocation To The Three-Tiers Of Government In Nigeria (2000-2009). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/analysis-of-revenue-generation-and-allocation-to-the-three-tiers-of-government-in-nigeria-2000-2009-7-2

MLA 8th

VICTOR, IBEABUCHI. "Analysis Of Revenue Generation And Allocation To The Three-Tiers Of Government In Nigeria (2000-2009)" Mouau.afribary.org. Mouau.afribary.org, 05 Jul. 2021, https://repository.mouau.edu.ng/work/view/analysis-of-revenue-generation-and-allocation-to-the-three-tiers-of-government-in-nigeria-2000-2009-7-2. Accessed 01 Nov. 2024.

MLA7

VICTOR, IBEABUCHI. "Analysis Of Revenue Generation And Allocation To The Three-Tiers Of Government In Nigeria (2000-2009)". Mouau.afribary.org, Mouau.afribary.org, 05 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/analysis-of-revenue-generation-and-allocation-to-the-three-tiers-of-government-in-nigeria-2000-2009-7-2 >.

Chicago

VICTOR, IBEABUCHI. "Analysis Of Revenue Generation And Allocation To The Three-Tiers Of Government In Nigeria (2000-2009)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/analysis-of-revenue-generation-and-allocation-to-the-three-tiers-of-government-in-nigeria-2000-2009-7-2

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