Nigerian Federal Finance

Originally published in 1969, this was the first standard work on Nigerian federal finance ever published. It traces the evolution of federal finance in Nigeria during a 20-year period from 1946 and analyses the economic, socio-political and fiscal problems encountered by the governments of the Federation in the course of this development. It also examines the main features of the fiscal system which emerged and discusses the way in which the general principles of federal finance have had to be tailored to the particular needs and interests of the different regions in Nigeria.

Adebayo Adedeji was Nigeria's Federal Commissioner for Economic Development & Reconstruction from 1971 to 1975. In June 1975, he was appointed Executive Secretary of the United Nations Economic Commission for Africa and remained in this position until July 1991. He founded the African Centre for Development and Strategic Studies (ACDESS), a non-governmental independent continental non-profit, think-tank dedicated to multi-disciplinary and strategic studies on and for Africa. Adedeji was elected a Fellow of the African Academy of Sciences in 1991.

1.Introduction 2. The Background to Federal Finance in Nigeria 3. The Genesis of Federal Finance in Nigeria 4. The Nigerian Approach to Federal Finance 5. Operation of Federal Finance in Nigeria: First Phase 6. Operation of Federal Finance in Nigeria: Second Phase 7. Federal Finance and Taxation: Indirect Taxes 8. Federal Finance and Taxation: Direct Taxes 9. Federal Finance, Loans and Public Debt Policy in Nigeria 10. The Problem of Fiscal Adjustment 11. Nigerian Federal Finance: Future Prospects and Development. Appendices.