https://www.financialnigeria.com/the-governors-can-be-the-catalysts-for-nigeria-s-economic-growth-blog-775.html

"In the fiscal sphere, we have the revenue allocation formula where the Federal Government takes 52.68 percent of the revenue share; the states get 26.72 percent, and 20.60 percent goes to the local governments. In practice, however, the governors are largely in control of the portion of the revenue that accrues to the local government areas. Therefore, the governors have power over approximately 49 percent of Nigeria's federally-collected revenues and exercise total control over the internally generated revenue in their states."

"The Netherlands earned €49.6 billion from agricultural exports in 2022: €44.9 billion came from domestic exports, and €4.7 billion was from re-exporting agricultural goods produced abroad that were channelled through the country. However, the Netherlands can fit into Taraba State conveniently and leave enough space for Belgium also to fit in. But Taraba's budget for 2023 was €219 million. Ergo, if Taraba State alone makes good use of its arable land to make 10 percent of what the Netherlands does from agriculture alone, it would multiply its revenue by almost 20 times. For the record, Taraba is not one of Nigeria's two biggest states based on the landmass. The Land Use Act (which is a hindrance in itself) places the power to get this going in the hands of the governors."

i was surprised about this quote in particular

" We speak wistfully about the era when Nigeria had a parliamentary system with regional governments. But we overlook that, even then, the states did not have actual mineral resource control. Nevertheless, the scale of development achieved then was impressive, at least in comparison to what was achieved afterwards.

In the 1963 Constitution, Item 25 of Part I under Section 69 of the Schedule of the constitution puts “mines and minerals, including oilfields, oil mining, geological surveys and natural gas” on the Exclusive Legislative List under the federal government. This means that any constitutional amendments that give the states ownership of the mineral resources in their land would be a novelty rather than a return to the old order. But it would be a welcome development, regardless."

i advise people to read the link, its important if we want to see actual betterment in this sinking ship to apply pressure on our governors, we must heighten our expectations of them.

We are still watching

Yes!