Oil and Fiscal Federalism in Nigeria

The Political Economy of Resource Allocation in a Developing Country

• Author(s): Augustine A. Ikein, Comfort Briggs-Anigboh,
• Publisher: Ashgate
• Pages: 369
• ISBN_10: 185628848X
  ISBN_13: 9781856288484
  
• Language: en
• Categories: Business & Economics / Economic Conditions , Business & Economics / Public Finance , Business & Economics / Development / Economic Development , Political Science / World / General , Political Science / World / African , Social Science / Developing & Emerging Countries ,

Description:... This book takes Nigeria as an excellent case study for examining how the various issues involved in fiscal federalism in a developing country are handled. Since independence, its states have been locked, to a greater or lesser extent, in a fierce competition over the sharing of national revenue and other resources. Out of the 21 state-structure, only 6 are substantively oil producing and the search for a satisfactory revenue allocation principle for interstate sharing of resources is still wanting. This study is intended to identify new ideas for fiscal federalism with less conflict in Nigeria's third republic.