AN EXAMINATION OF THE ROLE OF FISCAL POLICY IN THE DEVELOPMENT OF NIGERIA ECONOMY
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ABSTRACT
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.
i. Improper implementation of fiscal policies
ii. Inconsistency in the use of fiscal policies.
iii. High level of corruption
iv. Wasteful spending
Due to the nature of this research work, chi-square were used. Both primary and secondary data were used. Secondary data were gotten from Newspapers, magazines, library stork, government publications and journals etc. Questionnaires were used in generating primary data. 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.
i. The government should ensure that policy inconsistency are minimized.
ii. Tax and revenue generatic should be properly addressed economically to avoid leakages in the system.
iii. Government should fight the problem of corruption because without the reduction of the level of corruption in the country, fiscal policy components will not achieve the required level of economic growth in Nigeria.
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