British Journal of Economics, Management & Trade, ISSN: 2278-098X,Vol.: 10, Issue.: 3
Budget and Implementation of Public Policy in Nigeria
Ekhator Victor Eghe1 and Chima Paul1* 1Department of Public Administration, Faculty of Management Sciences, University of Abuja, Nigeria.
Ekhator Victor Eghe1 and Chima Paul1*
1Department of Public Administration, Faculty of Management Sciences, University of Abuja, Nigeria.
(1) Frank F. C. Pan, Healthcare Business Administration, Healthcity Research Center, Taiwan.
(1) Chun-Chien Kuo, National Taipei University of Business, Taiwan.
(2) Yu kun Wang, National Taipei University of Business, Taipei, Taiwan.
Complete Peer review History: http://sciencedomain.org/review-history/11470
The paper examined budget as instrument of realizing the goal of public policy. Using data generated from secondary sources, it was found that the goals of most policies were not accomplished in Nigeria due to incessant budget failure at the stage of the formulation and implementation. Critical among the factors responsible for the failure were; delay in preparation, late submission and appropriation, cumbersome bureaucratic process of securing release of funds, short fall in revenue, poor implementation plan and above all corruption. Consequently, the paper suggested the way forward which includes; effective monitoring, timely submission of the budget to legislature by the presidency, discouragement of unnecessary lobbying of National Assembly by MDAs and avoidance of temptations of allocating huge amount to new projects while the on-going projects are starved of funds.
Budget; instrument; public; policy.
Full Article - PDF Page 1-8
DOI : 10.9734/BJEMT/2015/19707Review History Comments