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All Journal Al-Risalah Jurnal Studi Agama dan Pemikiran Islam
Umar Alhaji Umar
Mohammed Goni College of Legal and Educational Studies, Maiduguri, Borno State, Nigeria
Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences

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MANAGEMENT OF FEDERALLY ALLOCATED REVENUE AND THE DEVELOPMENT OF NIGERIAN ECONOMY Falmata Baba Abba; Umar Alhaji Umar
Al-Risalah : Jurnal Studi Agama dan Pemikiran Islam Vol 15 No 2 (2024): Al-Risalah : Jurnal Studi Agama dan Pemikiran Islam
Publisher : Fakultas Agama Islam, Universitas Islam As-Syafiiyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34005/alrisalah.v15i2.4100

Abstract

The aim of Islamic regulation is not limited to the success in the hereafter alone; it also involves the success in the material world. The search for al-Falāḥ is, thus, multi-dimensional, not forgetting the spiritual or belittling the mundane. Revelation, therefore, serves as a guide for human reasoning in search of worldly success and stability. Nigeria has experimented many secular based ideologies and development plans which did not produce into the desired results. From 1962 to date Nigeria has formulated at least seven development plans. This paper suggests the application of the Islamic economic principles which is core to ensure the reduction of poverty, unemployment and creation of a just and egalitarian society, in which growth and development in spiritual and material realms is accomplished.
Co-Authors Falmata Baba Abba