The theme of the workshop is “alternative sources of revenue generation for sustainable development in states and local government councils in nigeria’’ osinbajo, represented by the minister of finance, kemi adeosun, described the workshop event as timely, adding that it came at a time the present administration was working hard to re. Local government is faced with varieties of difficulties to source adequate revenue from federal government, state government and the internally generated revenue, such problems are cogwheel to the smooth running of local government administration. The vice president, yemi osinbajo, has urged the three tiers of government to ensure adherence to fiscal discipline, enhance revenue generation, and rational allocation. Revenue generation is a major source of income to nigeria and the states in general, even though it is said to be dwindling due to weak controls in the systems of revenue generation and workers attitude. Revenue generation can play a significant role in improving local government efficiency and reducing local government dependency this essay would provide positive suggestion on how to improve the financial position of the local government councils.
Yet, others hinged local governments’ abysmal revenue generation on dishonesty on the part of council revenue collectors, who, in most cases, misappropriate collections made on behalf of the council. Revenue generation in local government councils in nigeria a case study of obafemi/owode local government submitted by dairo isaac kunle dept of economics, university of ibadan research proposal introduction local governments are potentially very important for nigeria as they play a significant role in generating revenue and encouraging civil involvement, as well as creating a visible link. Revenue generation and local government administration in nigeria (1999-2007): collected from ijumu local government council of kogi state for this study the analysis is through descriptive revenue generation in nigeria local governments is principally derived from tax tax is however, a compulsory levy imposed by government on.
Government revenue is obtained from taxes, licenses and fees and allocated to public facilities because of the current revenue allocation formula in nigeria, though there is a great deal of wealth in the country from the oil industry, 64% of the population lives below the poverty line. A total of n652229 billion has been distributed as federal allocation for the month of june 2017 to the federal government, state governments and local government councils. Problems of revenue generation in local government area of nigeria analysis of revenue generation in nigeria (1994-1991), the importance of local government role is also broaden the abacha’s administration also echoed the position of local government councils, and even raised the percentage share of the federation account from 15% to 20. Below is an essay on sources of revenue in nigeria from anti essays, your source for research papers, essays, and term paper examples nigeria operates a federal structure of government the 1999 constitution guarantees the existence of the federating unitsthe constitution of the federal republic of nigeria recognizes three tiers of.
In the light of the above, the focus of this essay is on revenue generation in local government councils with particular reference to ikenne local government, ikenne. The machinery put in place for collection of revenue is inadequate hence, most of the government money are not collected and this is in case of the internallygenerated funds that is while, there need to review the revenue generation in local government in nigeria. 12 statement of the problem internally generated revenue in local government council is inadequate to achieve the objectives of self-reliance and structural transformation of the rural environment there are many revenue avenues, which are yet to be explored to attain the desired level of revenue required by the councils. Okauru stated that the round table billed to hold between november 16 and 18, would at the end of the day create a leeway for the local government councils and states of the federation to exit the. Revenue generation in nigeria local governments is principally derived from tax tax is a some local government councils in nigeria the generation is not exceptional to kogi east senatorial district this has been one of the problems encountered revenue generation: it’s impact on government developmental effort (a study of selected.
Nigeria’s federalism is that most states governments and local governments rely heavily on revenue allocated from the federation account, ie revenue collected by the federal government, fg on behalf of the federation (richard and eme, 2015. The inhabitants of the various local government areas of the nation (nigeria) will have the course to enjoy the affirmative results to certain extent if all or part of these problems to revenue generation in local governments are properly tackled. Revenue generation involves the gathering of resources for the benefit of the society revenue generation in nigeria faces with so many challenges in which it occurs in a different ways, through crude oil revenue and taxation to mention but a few.
Transform local government finance in the longer-term and developing capacity for tax expenditure and wider policy analysis—impressive advances in some countries, but much still to do in others. This study, the role of internally generated revenue in local government administration in nigeria, was conducted using three out of twenty recognized local government councils in ogun state, south western part of nigeria, as case study. European journal of sustainable development (2012), 1, 2, 183-198 issn: 2239-5938 1 department of local government studies, faculty of administration, obafemi awolowo university, ile-ife, nigeria corruption and local government administration in nigeria. The state government to enact legislation with regard to “the establishment, structure, composition, finance and functions” of democratically elected local government councils furthermore, even in the fourth schedule, which provides a list of functions to be.