EXCERPT FROM THE STUDY
1. The structure of federalism in Nigeria in which South-East account for 12.27%; North-East 14.47%; North-Central including FCT 15.63%; South-South 15.89%; South-West 17.70% and North-West 24.03% disproportionately influenced revenue allocation among the component units on the basis of equality of states in a corresponding order. Particularly of note is the divergence in structural terms between North-West and South-East, which also impacted on the revenue allocated to the two Geo-Political Zones in Nigeria. On the other hand, the structure of South African federalism in which the number of District Municipalities in Eastern Cape account for 11.36%; North Cape 9.09; Free State 11.36%; Gauteng 11.36%; KwaZulu-Natal 15.90%; Limpopo 11.36; Mpumalanga 9.09%; North West 9.09% and West Cape 13.63% enhanced equitability in revenue allocation.
2. The proceeds from natural resource exploitation in Nigeria derived from its average contribution of 16.19% to the GDP for the period under study did not adequately impact on the provision of electricicty supply, educational and health facilities. Similarly, the proceeds from the exploitation of natural resources in South Africa derived from its average contribution of 3.02% to the GDP for the period under study did not adequately impact on the provision of electricity supply, educational and health facilities.
3. The role of the state in granting public ownership of natural resources, particularly, to the Multinational Corporations at the expense of the oil-bearing states engendered conflict in resource access while its role in the management of proceeds from natural resources did not engender conflict in Nigeria. On the other hand, the role of the state in granting and protecting private access and management of natural resources in South Africa did not engender conflict.
BACKGROUND OF STUDY
Pregnancy is a physiological state that should lead to the process of delivery within thirty-s...
EXCERPT FROM THE STUDY
Abstract
This study examines the prospects for and challenges against reforming the UN Security Council...
Abstract: THE ROLE OF COST ACCOUNTING IN PRICING DECISIONS: A CASE STUDY OF NESTLE NIGERIA LTD.
This research explores the role of cost a...
ABSTRACT
The transcription and distribution of reading materials to the visually impaired have remained grossly inadequate relative to th...
ABSTRACT
This study investigates THE IMPACT OF FUND ACCOUNTING FOR CRYPTOCURRENCY AND DIGITAL ASSETS, focusing on the ad...
Abstract: The flipped classroom model, which inverts traditional teaching methods by delive...
ABSTRACT
Cheese, a popular food across many cultures has been subject of many studies. It’s of many variants, prov...
Abstract: THE ROLE OF FINANCIAL POLICIES IN ACHIEVING BUSINESS OBJECTIVES
This study i...
BACKGROUND OF THE STUDY
Microorganisms are found virtually everywhere in the natural world, where they...