Is It Time for Nigeria’s Fiscal Independence and Division?

Nigeria’s reliance on oil revenue has dropped to about 13% of federal income. Most state governments already receive allocations that cover core expenses. A stronger fiscal base now exists across VAT, company tax and PAYE collected locally. With these resources, states could manage budgets without federal support. Setting up own produce boards and security forces would give each region real control over its economy and safety. As global living costs rise, agriculture will become more valuable. Nigeria’s agrarian potential could drive local prosperity if states leverage their land and produce. This model argues for redefining Nigeria’s structure around self-sufficient regions.

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