International records / OpenAlex research

Nigerian Budgeting Process and the Magnitude of Budget Variances

This paper examines the problems of budgeting process and fiscal management as signified in the magnitude of budget variances and the driving external factor of oil revenue contributions. The federal government expenditures and finance-ability remain major fiscal challenges in economic management. Documentary evidence and data sources were used. Descriptive statistics and correlation analysis form the basis of data analysis. The decisions relating to the scale of government expenditures have also been related to internally generated tax revenues and mainly by the impacts of oil revenues. This …