GCEGovernmentFederalism in Nigeria2019

The concept of 'fiscal federalism' in Nigeria is MOST closely associated with

AThe conduct of free and fair elections by component states
BThe financial relationship and revenue sharing among the tiers of governmentCORRECT
CThe exercise of police powers by state governments
DThe amendment procedure of the federal constitution
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Why the answer is B, and why the others tempt you.
Fiscal federalism refers specifically to the financial dimensions of intergovernmental relations, including the allocation of taxing powers, expenditure responsibilities, and the distribution of revenues from the Federation Account among the federal, state, and local governments. It addresses how financial resources are mobilised and shared across the tiers of government. The other options relate to electoral, security, and constitutional matters respectively.
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