Managing Volatility in Nigeria
In recent times, Nigeria has faced headwinds that have posed serious fiscal and macroeconomic risks. Subdued oil prices since mid-2014 was the latest of the recurring episodes of boom and bust cycles, similar to the oil collapse of 1980 – 1986, and the sharp decline recorded in 2009 when oil price fell from over US$100 to US$60 within a year. Between 2014 and 2016, the cost of crude fell to levels not seen in the last decade; and it became the third largest in the last 30 years, when oil began trading in the futures exchange.
Five years after, macroeconomic disruptions have remained larger than fundamentals alone would have suggested, with the impact reflecting poor government policy choices before and after the shock.
Volatility is rising, with latent fragility in economic, fiscal and social stability. The phenomenon has continued to diminish the government's capacity to manage macroeconomic, exchange rate and fiscal policies, necessitating the need for consensus on pooled governance reforms, including specific mechanisms to dampen the volatility, reforms to realign the social contract between the government and the citizens, and a new deal on fiscal federalism.
Managing Volatility in Nigeria (Download)
State Action Plan on Revenue Generation
The NGF Secretariat in collaboration with the Joint Tax Board (JTB) has developed a 12-point State Action Plan to improve tax administration and revenue generation at the sub-national level. The plan is aimed at achieving five (5) key objectives, namely; Ending Double/Multiple Taxation, Making the most of the State Internal Revenue Service (SIRS); Improving Taxpayer Compliance; Blocking Revenue Leakages and Improving Revenue Budgeting and Reporting.
The plan is based on lessons from the 36 States of the Federation and other international experiences.
State Action Plan on Revenue Generation (Download)
Assessment of the Fiscal Sustainability of States
This report provides an assessment of the fiscal sustainability of States within the context of the FSP. It is intended to contribute to the set of ongoing reforms aimed at addressing fiscal sustainability issues at the State level. It will examine the extent to which States are performing; identify State-specific challenges in fiscal management; and facilitate synergy between the federal and State governments around a pool of strategic interventions that will strengthen fiscal consolidation at the State level.
The report is based on desk research and feedback from self-assessment questionnaires administered to the 36 States.
Assessment of the Fiscal Sustainability of States (Download)
The Nigeria Governors' Forum
The Nigeria Governors' Forum (NGF) is a non-partisan association that brings together the elected governors of the country's 36 states to promote unity, good governance, better understanding and cooperation among the states, as well as a healthy and beneficial relationship between the states and other tiers of government.
The NGF was inspired by the United States-based National Democratic Institute and the Canadian-based Forum of Federations, and is modeled on the American National Governors' Association. It was established in 1999 following a multi-party conference of all the 36 democratically elected State Governors.
NGF Governance Issue Brief - The States Peer Review Mechanism
The State Peer Review Mechanism (SPRM) is a unique innovation by the Nigeria Governors' Forum (NGF). It is designed to assist States to foster good governance and accelerate the pace of their development through periodic reviews of progress in the implementation of their development policies, plans and programmes. This would be achieved by sharing experiences among States and reinforcing the commendable and innovative practices unveiled in the process. Through participation in the peer review process, State Governors are able to learn from their peers about innovative and good practices that they could adapt and adopt in their respective States.
NGF Governance Issue Brief - The States Peer Review Mechanism
NGF Health Issue brief - Polio Eradication
The Nigeria Governors' Forum (NGF), in collaboration with the Bill & Melinda Gates Foundation, announced an 'Immunization Leadership Challenge' in September 2011 to stimulate the increased awareness and involvement of State Governors in polio eradication efforts. The overall objective of this Challenge is to fast track achievement of the global milestone of interrupting further transmission of the wild polio virus in Nigeria.
The programme will recognize those Executive Governors whose states pass a pre-defined threshold to improve routine immunisation coverage and end polio. The states that meet the threshold criteria will be awarded a US$500,000 grant from the Bill & Melinda Gates Foundation to support their top health priorities.
NGF Health Issue brief - Polio Eradication
NGF Knowledge Management Issue Brief
The Nigeria Governors' Forum (NGF) has embarked on a knowledge management initiative, instigated because knowledge is a key measure of the performance of the Forum. Knowledge management is about building organisational intelligence to improve performance. It gives people the tools to improve the way they capture, share and use knowledge and helps them build on experience to ensure better practice, strategy and policy.
NGF Knowledge Management Issue Brief
Nigeria Governors' Forum - A vital stakeholder in National Affairs
The Nigeria Governors' Forum (NGF) is a non-partisan association that brings together the elected governors of the country's 36 states to promote unity, good governance, better understanding and cooperation among the states, as well as a healthy and beneficial relationship between the states and other tiers of government.
The NGF was inspired by the United States-based National Democratic Institute and the Canada-based Forum of Federations, and is modelled on the American National Governors' Association. It was established in 1999 following a multi-party conference of all the 36 democratically elected state governors.
Nigeria Governors Forum - A vital stakeholder in National Afairs
Lessons Learned Brief - Public Financial Management
This brief provides a summary of lessons emanating from a PFM interactive workshop organised by the NGF Secretariat in collaboration with the State Partnership for Accountability, Responsiveness and Cooperation (SPARC) and the World Bank on the theme: Public Financial Management as a Tool for Fiscal Sustainability and Service Delivery.