Revenue allocation among the three tiers

revenue allocation among the three tiers The federation account allocation committee, faac, disbursed n41882 billion to the three tiers of government in may 2017 from the revenue the report further stated that n2994 billion was shared among the oil producing states as 13 percent derivation fund and n309 billion transferred to the excess.

Responsibilities and functions, and the allocation of resources among the tiers of government to cope with respective fiscal federalism concerns the division of public sector functions and finances among different tiers of government committees will be examined under three phases of revenue allocation in nigeria 41. First, is the problem of how to allocate revenue among the three tiers of government, such that each tier can carry out is constitutional assigned functions there is vertical revenue imbalance with the federal government appropriating more than its fair share from the federation accounts the revenue expenditure divergence. The allocation was shared among the three tiers of government as follows: federal government 5268%, states 2672%, local government 2060% and 13 % however, there was revenue loss of $4590 million as a result of drop in average price of crude oil from $3904 in december 2015 to $2902 in. Expenditure obligations because the bulk of government revenues is retained by the federal government the discussion is overwhelmingly centered around the revenue sharing formula that allocates resources from the federation account amongst the three tiers of government—currently 485 percent of. This formula shows the percentage of revenue that is allocated to the three tiers of government, ie federal, states and local governments this formula is applied vertically to the total volume of disbursable revenue in the federation account at the end of each month (bashir, 2008) revenue sharing among the component.

revenue allocation among the three tiers The federation account allocation committee, faac, disbursed n41882 billion to the three tiers of government in may 2017 from the revenue the report further stated that n2994 billion was shared among the oil producing states as 13 percent derivation fund and n309 billion transferred to the excess.

The above figures clearly expose the deception of the revenue allocation formula which currently shares the federation account (not total government revenue) among the three tiers of government as follows: federal (central) government: 485% state governments: 24% local governments: 20% special funds: 75. Fiscal intergovernmental relations theory unit 2: allocation of jurisdictional powers among levels of government unit 3: intergovernmental fiscal relations: nigerian experience unit 4: and the fiscal relationship among the three levels of government in to lower tiers of government through some revenue sharing. The federation account allocation committee (faac) disbursed the sum of n65518bn to the three tiers of government in january 2018 from the revenue generated in december 2017the amount disbursed comprised of n53851bn from the statutory account and n8396bn from valued added tax (vat. The three tiers of government-federal, state and local government, have shared revenue totalling n655 billion as their allocation for the month of december 2017 finance minister, kemi adeosun, announced the allocation figure, after the monthly meeting of the federation account allocation committee.

Abuja —the nation's federally collected revenue recorded an increase, occasioned by rising crude oil price from $4866 to $5207 in the month under review, leading the federation accounts allocation committee, faac, to share n609958 billion, among the three tiers of government on saturday. Revenue allocation to fg, states & lgs down by 40% in 3 years abuja march 16, 2017 the federation accounts allocation committee (faac) disbursed n512 trillion to the three tiers of government in 2016 as against the n6 01 trillion shared in 2015 the figure is 15% short of disbursements in 2015 alone.

Authorities at the federal and state levels the national revenue mobilisation, allocation and fiscal commission propose the remuneration of political and judicial office-holders, and also advise on the allocation of revenues among the three tiers of government (olaiya, 2009) the state's board of internal. Allocation formula is for inter-tier sharing between the three tiers of government while the horizontal allocation formula is for intra tier sharing amongst the 36 states and the 774 local governments in nigeria (bashir, 2008:3) institutional framework for revenue allocation in nigeria for analytical purpose, the table below. Look into the allocation formula some categories of revenue were allocated to the states and local government and revenues that do not fall under this category are federally collected and paid into the federation account for sharing the revenue is shared vertically among the three tiers of government, and horizontally. Understanding the nigerian government structure is one thing, but knowing the relationship between the three tiers of government in nigeria will help broaden your knowledge more the power sharing and revenue sharing between the federal, state and local government gives more relevance as to the differences that.

Revenue allocation among the three tiers

3 department of accounting and finance, federal university of agriculture, makurdi abstract : the concept of revenue jurisdiction and fiscal federalism connotes an arrangement in which fund government among other tiers of government, diversification of is for intra tier sharing amongst the 36 states and the 774. There are three prominent aspects of federalism: political, administrative and fiscal political federalism relations among levels of government pertaining to revenue generation, allocation and utilization in the national interest in sharing central revenues among the regions32 subsequent commissions also emphasized.

The three tiers of government in the country [federal, state, and local councils] enjoyed an expanded take-home income from the federal account allocation committee [faac] in the furthermore, a total of n48461 billion representing 13% derivation revenue was shared among the oil producing states. Abstract in nigeria, the fiscal inter-relationship between the three-tiers of government has been contentious over the key words inter-governmental financial relations, fiscal federalism, revenue sharing, revenue allocation in nigeria, the issue of sharing resources among the three levels of government has remained. The nigerian federation has been derisively described as 'feeding bottle federalism' characterised by the monthly revenue sharing among the three tiers of government in recent times, states have started demanding for a new revenue formula in line with current economic realities assistant editor leke. Most dominant and contentious in the relationship between local governments, as the third-tier of government, and the other three-tiered federation in nigeria, its consequent recognition of 'revenue sharing and in fact, this disturbing aspect of nigerian fiscal federalism, among other factors, has lately led to a demand for.

The discussion is overwhelmingly centered around the revenue sharing formula that allocates resources from the federation account amongst the three tiers of government—currently 485 percent of the resources are transferred to the federal government, 24 percent to the state governments, and 20 percent to the lgas 1. Among the former warring parties is essential (hartzell and hoddie 2003:320) since nigeria is not an immediate post-civil war society, i considered it appropriate to overlook the military dimension the tri-polar model categorizes power-sharing arrangements into three major dimensions - political, territorial, or economic. Abstract fiscal powers closely interrelate with the character and dynamics of any federal arrangement revenue is the main stay of the finances of government at all levels, upon this premise this paper is to examine the revenue allocation among the levels of government because their financial viability and creditability as. And 1999 stood at 74% of total revenue while that of the local councils between 1996 and 1999 averaged 67% of total expenditure (ezeabasili, 2006) 2 statement of problem the issue of having an acceptable formula for sharing resources among the three levels of government in nigeria has remained.

revenue allocation among the three tiers The federation account allocation committee, faac, disbursed n41882 billion to the three tiers of government in may 2017 from the revenue the report further stated that n2994 billion was shared among the oil producing states as 13 percent derivation fund and n309 billion transferred to the excess. revenue allocation among the three tiers The federation account allocation committee, faac, disbursed n41882 billion to the three tiers of government in may 2017 from the revenue the report further stated that n2994 billion was shared among the oil producing states as 13 percent derivation fund and n309 billion transferred to the excess. revenue allocation among the three tiers The federation account allocation committee, faac, disbursed n41882 billion to the three tiers of government in may 2017 from the revenue the report further stated that n2994 billion was shared among the oil producing states as 13 percent derivation fund and n309 billion transferred to the excess.
Revenue allocation among the three tiers
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2018.