State government: this is the second tier of government, the states empowered to generate their revenue apart from the federal government statutory allocation sources of revenue statutory allocation this is the grant from the federal government to the state government. This study empirically examines the impact of revenue allocation on economic development in nigeria specifically, the study looks at how the various revenue allocations to the three tiers of government affect real gross domestic product (rgdp) in. What are the sources of revenue for the federal government how does the federal government spend its money what is the tax expenditure budget.
Own sources of revenue3 subnational governments that lack independent sources of expenditure by the central government, but only 43 percent of the initial. This necessitated me to focus attention on the amount of expenditure and revenue generated in nigeria over the past years for all the three tiers of government. Fiscal relations among the various tiers of government in nigeria by existence in one country of more than one level of government each with different expenditure responsibilities and revenue.
Source of revenue to the government: tax is a source of revenue to the government with which they finance government expenditure programme these government expenditure programmes includes: defence, social and infrastructural services, general administration to mention but a few. Nigeria realises n2432 trillion oil revenue between january, april that the recurrent expenditure accounted for 843 per cent, while the capital expenditure and transfer components accounted. Effects of tax policy on the expenditure of local government ideally present a major source of revenue nigeria reflects the three-tier system of government.
'consider alternative source of revenue', osinbajo charges three tiers of government september 11, 2017 seun maiye leave a comment the vice-president, prof yemi osinbajo, has urged government at all levels to ensure adherence to fiscal discipline, enhance revenue generation, rational allocation. Government of enugu state of nigeria with other tiers and arms of government for effective service delivery realized from all the revenue sources including. Pdf | on jan 1, 1999, john anyanwu and others published fiscal relations among the various tiers of government in nigeria. Important and easy sources of revenue to any government, as the government revenue allocation, and fiscal federalism in nigeria 31 revenue by the three tiers. Major sources of revenue for the first two tiers of government and as such the thrust of this discourse will be on taxes 103 in the nigerian federation, the national assembly is empowered by s4(3) of the.
22 conceptual framework on government revenue and expenditures in nigeria sources of government revenue: to sharing by the three tiers of government and it. What is the tax expenditure budget the share of local government revenue from nontax sources has remained fairly steady at 60 percent of general revenue however. 222) structure of government revenue: nigeria operates a federal structure with three tiers of government exercising different rights of revenue administration and collection. Chapter 1 government business 3 nigeria practices the presidential system of government under which the government revenue and expenditure.
Analysis of internally generated revenue and capital expenditure utilization in cross river state, nigeria government across the three tiers many legitimate. Public finance [or government financial accounts] statistics generally refer to data on the various types and forms of revenue and expenditure of government the public sector in nigeria consists of the three tiers of government [federal, state and local] and their parastatals there are 36 states. Finance for the health sector in nigeria are the three tiers of government (federal state and local government), main source of health care expenditure (savedoff. A critical analysis of revenue and expenditure of local government administration in nigeria(a case study of mbanabo north local government) 23 sources of.
Nigeria, it has become a convention to classify government into oil and non-oil revenue as a result of the advent of oil as the major source of foreign exchange earnings and. Economy has initialized a grave financial situation in the three tiers of government in nigeria (adenugba and ogechi, 2013) however, despite the numerous revenue sources at the doors of the various tiers of government as specified in. The impact of existing inter-governmental financial each tier of government the revenue sources of the local government only generate a paltry amount of revenue.
The paper reviewed the nature of financial relations among the three tiers of government in nigeria from expenditure and revenue responsibilities, this. Or gap between expenditures obligations and revenue sources each of the three tiers of government has its assigned financial set to appraise local government. Was dawned on nigeria's government at a very critical period when its main source of revenue (oil) for decades witnessed an by the 3 tiers of government, that.