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Implementing the Fiscal Responsibility Act at the State Level in Nigeria

In many countries, fiscal responsibility acts have become increasingly common tools to enhance fiscal prudence and public expenditure transparency. Fiscal profligacy at the sub-national level in Nigeria, has emerged as a major contributor to stat...

Issues in Fiscal Policy Management under the Economic Reforms (2003-7)

In this paper the recent policy measures are reviewed which have been introduced by the federal government to enable a more prudent management of oil revenue and also to improve the quality of the government’s capital spending. The broad conclusio...

Implementing the Fiscal Responsibility Act at the State Level in Nigeria

A discussion of the policy, technical and wider institutional factors was presented in this paper, which is relevant to the implementation of fiscal responsibility acts at the state level in Nigeria. It is evident from the analysis here, that some...

Nigeria Economic Update Issue 2

This document discusses several issues regarding the Nigerian economy under the following headings; Fiscal Focus- talks briefly about the 2016-2018 Medium- Term Expenditure Framework (MTEF), as well as the 2016 budget which introduced the zero-bas...

Nigeria Economic Update Issue 23

This document provides brief information on the Nigerian Economic Situation. The first article is on the Gross Domestic Product - Recent Data on Nigeria’s Real GDP growth rate (Year-on-Year) declined by 2.47 percentage points, from 2.11 % in 2015 ...

Beyond Country-level Averages: Construction of Sub-National Human Development Index for the Nigerian States

This study develops a comparable Human Development Index for sub national government in Nigeria. While built on the UNDP approach, we extend the generic framework to address challenges at the sub national level such as comparable indicator, data u...

Nigeria Economic Update Issue No. 46

This short report discusses : the Debt Service Payment that Rose Significantly in the Second Half of 2018, it further talks about the Revenue Projections which declined by 26.3% in the Second Half of 2018, the following heading : Foreign Reserve ...

Nigeria Economic Update Issue No.31

The first heading: Solid minerals sector discusses the data from the NBS on mining and quarrying in Nigeria and show an increase in the quantity of solid minerals produced in 2017. Under the following heading: Commodity Report - Nigeria’s crude o...

Nigeria Economic Update Issue No.45

The first heading : Setbacks in Achieving Financial Inclusion states that according to the latest CBN financial inclusion report, overall progress towards achieving the Nigeria Financial Inclusion Strategy (NFIS) fell short of the annualized targe...

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