International records / OpenAlex research

Democratic consolidation, fiscal responsibility and national development: An appraisal of the fourth republic

The return of civil rule to Nigeria in 1999 brought a lot of hope for speedy national development in the country. This was because, unlike under the country’s prolonged military rule, democratization was expected to usher in openness, accountability and, more importantly, fiscal responsibility. However, in the twelve years that the fourth republic has operated, there has been scant regard for fiscal responsibility. This is the crux of the matter in this paper. The paper, in its search for probable causes for this threat to democratic rule and overall development in Nigeria, identified some key…