Because of the current revenue allocation formula in nigeria, though there is a great deal of wealth in the country from the oil industry,. Derivation, revenue allocation formula, and the contrived crisis over appropriate and acceptable looting among the elites by jaye gaskia one would therefore have thought that these.
Revenue allocation in nigeria and the dependency on oil revenue: the need for alternativ solutions akujuru, chukwunonye abovu.
International journal of accounting research vol 2, no 7, 2015 publisher: zarsmi, uae, and regent business school, south africa 14 state governors and revenue allocation formula in. Review of the revenue allocation formula cra met with governors as part of the review of the formula #nokenyanleftbehind. Free essay: revenue allocation formula in nigeria introduction prior to the discovery of oil in nigeria, other sectors of the economy thrived agriculture.
Revenue allocation is the distribution or division of total income, or revenue, in a business, corporate or government structure it involves a complex process that entails how and where to. This presentation takes an empirical look at the components of the federal allocation formula and state & local nigerian government revenue allocation.
The revenue mobilization allocation and fiscal commission (rmafc) has insisted that the revenue allocation formula currently in operation is legal this followed recent media reports where. Revenue allocation formula ca i = 045pn i. 1 summary of market data revenue allocation formula overview regulation nms changed the formula for determining how market data income (revenue less.