Reverse transfer
Royalties for oil extracted in Nigeria are paid to the national government. From there, the money is distributed to the states. (Does that help explain the dominance of the national government to you?)Things must be bad when Nigerian states fund a national government program.
Nigeria governors approve $1 billion to fight Boko Haram
Dozens of Nigerian state governors on Thursday approved the transfer of $1 billion to aid the federal government’s fight against the deadly Boko Haram insurgency, signaling that previous announcements of victory over the Islamic extremists had come too soon.
Attacks have increased in recent weeks as Boko Haram turns to using women and children, often abducted and indoctrinated, as suicide bombers to target cities and towns in the country’s vast northeast.
Edo State Governor Godwin Obaseki said 36 state leaders approved the transfer of $1 billion from the Excess Crude Account, which is used to hold revenues from oil production and protect planned budgets from shortfalls…
Boko Haram’s eight-year insurgency has proven to be one of Africa’s more persistent threats, killing more than 20,000 people.
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Labels: federalism, Nigeria, politics
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