Analysis of National Budget Implementation: Evidence from 2012-2014 Budgets of Nigeria
Analysis of National Budget Implementation: Evidence from 2012-2014 Budgets of Nigeria

Summary/Abstract: The paper examines national budget implementation focusing on the 2012-2014 budgets of Nigeria by juxtaposing the actual performances of the budgets against the projections. Evidence from the study revealed that macroeconomic variables (such as real GDP growth rate, inflation rate, exchange rate and crude oil production), components of revenue and expenditure failed to meet their respective budgeted figures during the period. It was also found that the proportion of actual capital expenditure in aggregate expenditure was abysmally low and capital budget implementation was awfully poor. The paper elucidated some possible causes, implications and policy options.

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