Internally Generated Revenue for State governments refers to revenues that are derived within the state from various sources such as taxes (pay as you earn, direct […]
The economic development and sustainability of states in Nigeria depend on the ability of such states to generate revenue internally to supplement the revenue allocation from […]
‘Dollars exchange is high’, I retort whenever the price of a commodity suddenly goes up, before the vendor conjure up an excuse-cum-explanation for the new hike. […]
Despite the effects of debts and their servicing obligation in worsening the condition of the poor, many state governments still find solace in increasing debts. #OnOurRadar […]
To achieve full development in any nation of the world, its citizens have to be keenly interested in the governance process. This implies that no country […]
The current vertical allocation formula of the Federation Account Allocation Committee (FAAC) stipulates a 26.72% net federation account revenue for state governments. The percentage is then […]
During the end of every month, the Federal Government gathers all the money it has generated from crude oil, customs, taxes, etc. The money is then shared […]