Nigeria: Summary of Subnational Governments’ Finances, 2006
|In percent of general government||In percent of GDP||In percent of non-oil GDP|
|Total subnational revenue||37.5||12.7||20.5|
|Own revenue 1/||2.3||0.8||1.3|
|Transfers from the federal government 1/||35.2||11.9||19.2|
|Total subnational expenditure||48.7||13.1||21.2|
|Overall balance (before transfers)||-12.4||-20.0|
State and local governments (SLGs) coparticipate 54 percent of budgeted oil revenue, 85 percent of VAT, and 47 percent of CIT and import duties. PIT is directly assigned as own revenue of SLGs.