TY  - BOOK
AU  - SOBOWALE JESUTOBILOBA DAVID
TI  - THE EFFECT OF INTERGOVERNMENTAL FISCAL RELATIONS ON GRASSROOTS DEVELOPMENT :A CASE STUDY OF LAGOS STATE
PY  - 2024///
CY  - MOUNTAIN TOP UNIVERSITY
PB  - ACCOUNTING
KW  - ACCOUNTING AND FINANCE
N2  - This study examines the effect of intergovernmental fiscal relations on grassroots development in Lagos State, Nigeria. Grassroots development is a critical aspect of overall socio-economic progress, particularly in a dynamic and populous state like Lagos. This research investigates how financial autonomy, internally generated revenue (IGR), and grants influence developmental outcomes at the local government level. Using data from the Auditor General of local governments from 2019 to 2022, the study employs econometric models and multi-linear regression analysis to quantify the relationships between these fiscal variables and grassroots development, measured as capital expenditure per population. The results reveal that while financial autonomy (Gross
Allocation per Population) and internally generated revenue do not significantly impact grassroots development, grants exhibit a significant positive effect. These findings suggest that targeted grants are more effective in fostering local development than other forms of fiscal transfers. The research contributes to the discourse on fiscal decentralization and governance reform, providing
valuable insights for policymakers and stakeholders aiming to enhance development outcomes at the grassroots level. By highlighting the intricate dynamics between fiscal relations and grassroots development, this study offers practical implications for similar contexts globally, promoting strategies that enhance local government efficiency and socio-economic resilience.
KEYWORDS: Intergovernmental fiscal relations, grassroots development, financial autonomy,gross allocations, internally generated revenue, grants, Lagos State, , fiscal decentralization, governance reform, capital expenditure, local government
ER  -