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THE ROLE OF FISCAL POLICIES IN THE DEVELOPMENT OF NIGERIAN ECONOMY (A CASE STUDY OF CENTRAL BANK OF NIGERIA)
This research work was undertaken in order to evaluate the role of Fiscal policies in the development of Nigeria economy. A major issue in Nigerian economy recovery relates to the prospect of adoption of the most relevant fiscal policies in its economy. In view of this, the researcher addressed the following problems to be curbed in this research study.
Lack of required component of fiscal policies
Inconsistency in the use of fiscal policies.
Improper implementation of fiscal policies
Inability of the country to improve on existing fiscal policies.
Due to the nature of this research work, ordinary method of data analysis and interval method were used. Both primary and secondary data were used. Secondary data were gotten from Newspapers and magazines, textbooks, journals and periodicals etc. questionnaires were used in generating primary data.
From the analysis made, the researcher discovered that between 1998 and 2000 fiscal years, the country has witnessed many changes in its fiscal policies which are hinged on the combination techniques applied on the components of fiscal policies, the mode of implementation of fiscal policies and the degree of success in the implementation of process.
Based on the findings made in this research study, the researcher recommends that the country should embark on the following in order to develop its economy.
The depreciation of naira must be urgently considered.
There should be stream – lining of activities of certain government amend agencies
The government should make further fiscal adjustments.
TABLE OF CONTENT
CHAPTER ONE: INTRODUCTION
Background of the study
Statement of the problem
Objectives of the study
Major research hypothesis
Scope and limitation of the study
Significance of the study
Definition of terms.
CHAPTER TWO: LITERATURE REVIEW
History of fiscal policies in the Nigeria pre-independence
Definition and meaning of fiscal policies
Difference between fiscal and monetary policies
Tax as a tool of fiscal policy
Expenditure in fiscal policy
Tax and expenditure in fiscal policy
Limitation of fiscal policy implementation
The role of the central bank in the formulation and implementation of fiscal policy.
CHAPTER THREE
Introduction
Research design for the study
Sources of data
Methods of data analysis
Population and sample size
Design and administration of questionnaires
CHAPTER FOUR: PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA
Introduction
Presentation of data for 1998 fiscal year
Analysis of data for 1997 through 1998 fiscal year
Analysis of the federal government revenue and expenditure of 1999– 2000
Analysis of the state of the economy (1999 – 2000)
Interpretation of data.
CHAPTER FIVE: SUMMARY AND DISCUSSION OF FINDINGS, CONCLUSIONS AND RECOMMENDATIONS.
Introduction
Discussion of findings
Summary of findings
Conclusion
Recommendation
Questionnaire sample.
Bibliography
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