REVENUE ALLOCATION AND POLITICAL STABILITY IN NIGERIA

The work will target at examining the revenue allocation with a view of fully appreciating its impact on political stability of the nation. It will also review briefly some past revenue allocation principles in order to place this work on the proper historic perspective. The work will go a long way in contributing through analytical review of revenue allocation formula and the impact it has on the political stability of the economy. The success recorded in achieving the objectives of investigating the revenue allocation and political stability in Nigeria economy, point at the importance of the fact aspect of the political-economic management function of the government, which has appeared to be neglected by Nigerians. The topic will elicit this strong point, that all economic development is anchored on efficient development and management if its resources including its revenue. An efficient development and allocation of revenue to the feature of production through the government will definitely proper the nation’s economy to greater productivity, thereby enhancing economic development as political stability in the economy. Indeed the Nigeria political economy sustained a fragile stability and confronts and undermines political future. A future dominated by society and resolution of rising expectations. A fundamental problem of the political system is to control and to direct the process of change. However, a political strategy will offer view economic opportunities and varied cultural experience intellectual stimulation through sufficiently adaptable, complex, autonomous and coherent to absorb order and the participation of groups to promote social and economic changes in the society. Development, the essential quality of modest lies in the character and direction of change. This change invariably not merely the will but the capacity to absorb change such that it does not undermine stability as to present the development of the institutional capacity, fulfill transformation. Finally, I will enjoin the government to note all the recommendations. I will make because it is going to be a direct outcome of the study. The implementation of the most pertinent recommendation will contribute towards a more stable political society in our developing economy.