Nigeria: Restructure or reconfigure (4)

0
34


UNDER a truly federalist state, fiscal autonomy and responsibility is granted to subnational governments, with state and local governments having adequate resources to perform their functions autonomously, such that no tier is subservient to the other.

In Canada, for example, oil and gas resources are owned and controlled by the provinces.  Section 109 of Canada’s Constitution Act, 1867 explicitly vests ownership rights to all lands, mines, minerals and royalties for oil and gas resources to the provinces in which they are derived. The oil-rich province of Alberta for example, retains its oil wealth and pays a predetermined amount of contribution to the federal government.  This is…



Source: Nigerian Tribune