LOCAL GOVERNMENT AND FINANCIAL AUTONOMY

Local government and financial autonomy refers to the degree to which municipal or regional authorities can generate, manage, and allocate their own revenues without undue dependence on higher levels of government. It includes powers to levy taxes, fees, and charges; retain a share of national taxes; borrow; and decide on budgeting and spending priorities for local services such as education, infrastructure, and public safety. Greater financial autonomy is intended to improve efficiency, accountability, and responsiveness to local needs, while still operating within the legal and fiscal framework set by the central government. Views Nigeria

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