Departments ECONOMICS THE PROBLEM OF GOVERNMENT BUDGETING IMPLEMENTATION IN DEVELOPING COUNTRIES (A CASE STUDY OF NIGERIA) 1996-2013

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THE PROBLEM OF GOVERNMENT BUDGETING IMPLEMENTATION IN DEVELOPING COUNTRIES (A CASE STUDY OF NIGERIA) 1996-2013
THE PROBLEM OF GOVERNMENT BUDGETING IMPLEMENTATION IN DEVELOPING COUNTRIES A CASE STUDY OF NIGERIA 19962013

ABSTRACT

The main purpose of this research work is to investigate the problem of government budget implementation in developing countries using Nigeria as a case study. 19862006. To analyse this, an econometric method of multiple regression model was adopted, data were collected through the secondary source based on the hypothesis formulated for this study. From the result of the work, i found that anticipated impact of government budget implementation were raising the standard of living, reducing inflation, eliminating unemployment, increasing economic development and growth. The major problems of government budgeting implementation are inflation, implementation of budget and over ambitious planning. Against this background, the researcher feels that government should try to affect straight budget, get implementation and strong disciplinary action against any government that mismanages the national economy.

TABLE OF CONTENT

Title page ...................................................................I

Certification ...............................................................II

Dedication .................................................................III

Acknowledgement .....................................................IV

Abstract ......................................................................V

Table of content ........................................................VI

CHAPTER ONE: INTRODUCTION

1.0. Background of the study.....................................1

1.1 Statement of the problem..................................3

1.2 Objective of the study.........................................4

1.3 Research questions.............................................4

1.4 Significance of the study.....................................5

1.5 Statement of research.........................................5

1.6 Scope and limitations of the study......................6

1.7 Definition of terms/ concepts..............................7

CHAPTER TWO: LITERATURE REVIEW

2.1. The origin of budget................................................9

2.2. Review of relevant theories...................................12

2.2.1. Concept of government budget..........................12

2.2.2. Goals and objectives of government budget.......14

2.3. Theoretical framework..............................................16

2.3.1. Budget structure....................................................16

2.3.2. Hypothetical table of government revenue and expenditure..17

2.3.3. Budget cycle............................................................18

2.3.4. Budgetary process in Nigeria..........................................19

2.3.5. Classification of budget...................................................24

2.3.6. Classification by object presentation of expenditures.....27

2.3.7. Classification by functional presentation of expenditure...28

2.3.8. Types of budget......................................................29

2.3.9 The problem and prospect of government budgeting to

National development in developing countries. a case study of Nigeria ........................................................................34

CHAPTER THREE: RESEARCH METHODOLOGY

3.1. Institutional consideration and model specification.....40

3.2. Area of study and coverage......................................40

3.3. Model specification..................................................41

3.4. Method of data analysis...........................................43

3.5. Data required and source.........................................46

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.0. Presentation of data...................................................47

4.1. Presentation of regression result...............................47

4.2. Evaluation based on statistical criteria........................50.

4.3. Evaluation based on econometric criteria................52

4.4. Evaluation of working hypothesis.............................52

4.5. Discussion of findings................................................53

CHAPTER FIVE: SUMMARY OF FINDINGS, RECOMMENDATION AND

CONCLUSION

5.1. Summary of findings...................................................54

5.2. Conclusion....................................................................55

5.3. Recommendation.........................................................56

Bibliography

Appendix.


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