The Practice of Fiscal Federalism in Nigeria: Lessons from Some Selected Countries

Abstract

This paper discusses the structure of revenue, expenditure, problems and prospects for revenue generation in Nigeria and 6 other countries. The major focus of this paper is on the federalism and public finance, division of functions between levels of government in the Nigerian federation in the post-independent period. The paper critically examines sources of revenues generation over time in Nigeria and how such revenue are allocated. The paper further discusses on the fiscal operations of the different tiers of government in the country. The paper finally discusses the problems and attempt to proffer solutions (prospects) for revenue generation in the Nigerian state with some remarks, and conclusion.