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ABSTRACT
vii
Nigeria's fiscal operations since early 1980's have resulted into persistent and huge
fiscal deficit. This is attributed to revenue shortfall and rapid increase in government spending.
The purpose of this thesis is to undertake an analysis of the relationship between spending and
revenue at the Federallevelin Nigeria.
Using regression analysis on time series data over the period 1970-1998, the study
discovered that oil Revenue, Tax Revenue, Population and wages of the public sector
employees are statistically significant in explaining the rapid growth in government spendings
which invariablylead to deficit.
The results of the study indicate that oil revenue was the most significant factor. The results
show that rapid growth of Federal Government expenditure was caused by persistent deficits.
The study recommends that government should embark on policies aimed at raising revenue
and reducing expenditure. Restructuring measures aimed at attaining fiscal viability over a long
period should be adopted.
CHAPTER ONE
2
GENERALINTRODUCTION
1.1 BACKGROUND OFTHE STUDY
High growth and persistence of government deficits have been observed in a number of
countries Nigeria inclusive. This unsustainable fiscal deficit causes general Macroeconomic
disequilibri
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SIMILAR ECONOMICS FINAL YEAR PROJECT RESEARCH TOPICS
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1. EFFECTIVENESS OF MONETARY POLICY IN STIMULATING ECONOMIC GROWTH IN NIGERIA
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2. THE STRUCTURE OF THE NIGERIAN DOMESTIC DEBT AND ITS IMPACT ON FOREIGN EXCHANGE EARNING
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3. ASSESSMENT OF TEACHING AND LEARNING OF ECONOMICS IN KADUNA SOUTH LOCAL GOVERNMENT AREA OF KADUNA STATE
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4. REGENERATING ECONOMIC GROWTH THROUGH MARINE SECTOR
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5. IMPACTS OF TRADE OPENNESS AND TECHNOLOGY TRANSFER ON ECONOMIC GROWTH AND TOTAL FACTOR PRODUCTIVITY IN NIGERIA
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6. THE IMPACT OF IMPROVED INFRASTRUCTURE AND EFFICIENT CARGO DELIVERY IN NIGERIA PORT (A CASE STUDY OF CALABAR PORT COMPLEX)
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7. MULTIDIMENSIONAL POVERTY MEASUREMENT IN NIGERIA: EVIDENCE FROM DEMOGRAPHIC AND HEALTH SURVEY
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8. IMPACT OF MICRO CREDIT ON POVERTY ALLEVIATION SCHEME IN EDO STATE A CASE STUDY OF LIFT ABOVE POVERTY ORGANIZATION (LAPO)
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10. TESTING THE APPLICABILITY OF WAGNER’S LAW IN NIGERIA’S ECONOMY (1981-2013)
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