International Journal of Academic Management Science Research (IJAMSR)   Year: 2021 | Volume: 5 | Issue: 8 | Page No.: 27-36 New Trends, Prospect and Challenges of Fiscal Federalism in Nigeria Anthony Ejue Egberi, PhD Abstract: This paper focus on how Nigeria can perform effectively and efficiently in national development in the context of fiscal initiatives that will boast the fiscal autonomy of the federation and so leapfrog the financial wealth of the country. The paper identified these new trends with a view to finding out the symbiotic integration. The paper posits that fiscal federalism has become very political in the development of the nation and in the relationship of the various tiers of government. The study is a content analysis. Wright Deil (1978) Inclusive Authority model is the anchor. The finding is that if financial leakages are blocked with a good control system and a disciplined fiscal management, the new trends are capable of snow-balling the country into a wealth hop and a potential developed nation. The recommendation is thus; there should be legislation in place mandating all federating units to adopt these new trends.