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PUBLIC EXPENDITURE PATTERN BY DIFFERENT ADMINISTRATIVE ERAS 1979 TO PRESENT IN NIGERIA

PUBLIC EXPENDITURE PATTERN BY DIFFERENT ADMINISTRATIVE ERAS 1979 TO PRESENT IN NIGERIA

ABSTRACT

This paper is set to evaluate the public expenditure pattern so far in place by different administrative eras 1979 to present in Nigeria, and to critically examine what the impacts of the expenditure have been like in other sensitive sectors of the country’s economy as a whole. Because of the mature of the work, the paper adopted secondary approaches in sourcing all relevant data the helped in the compiling and writing of this literature.

CHAPTER ONE

1.1. INTRODUCTION

Public expenditure patterns and approaches in Nigeria have over the years been enormously impacted by political sub-consciousness and instinct. Public expenditure in Nigeria though very sensitive aspect of the country, have remained length for public discuss, both from the scholarly Nigerians view. Ethnic distinction and variations in the Nigerian setting have made public expenditure in Nigerian seeming a National completion, especially with either of their sons in power.

Public expenditure in Nigeria have in no small measure have a perfect correlation  with whatever level of unrest so far witnessed in the country, right from the military  regime to currently the civilian administration. Public expenditure in Nigeria have over the years been a sensitive National Endeavour and will apparently continue to be, especially when the people and, indeed, all interest group’s aspirations and humoring are far from been met.

The marginal expectations of every Nigerians from the Governments  Public expenditure if far from being attend, judging from the enormous revenue that accrue to the government on daily bases from all revenue generating arrangements.

PUBLIC EXPENDITURE PATTERN BY DIFFERENT ADMINISTRATIVE ERAS 1979 TO PRESENT IN NIGERIA

1.2 REVIEW OF PUBLIC EXPENDITURE SINCE 1979 TO PRESENT     

Most developing economies of the globe have emerging size of government operations and its impacts on economic growth and development has given rise to increasing public debate, virtually from scholarly and ordinary aspect argued Okafor and Eiya (2011). However the observable continues increase in public expenditure pattern tends to out across most countries of the world irrespective of their level of advancement and economic growth.

Nigeria “giant of Africa” the most populated country in the continent of Africa. A country richly endowed with enormous human and natural resource, with a population of over 160 million people, have in the years past experienced a lot of old moments in its public expenditure approaches, primarily instigated by political instability and Unrest. Oil discovery in Oloibsri  the Niger-Delta area on Sunday 15th January, 1956 by shell-British petroleum company before other companies joined in further discovery, have played immense role in the public expenditure pattern of the Nigerian Security, noted NNPC (2010).

Although oil discovery and exploration have brought significant international honour and prestige to the Nation but with its sever and dire. Consequences in the country. Nigeria a formerly acclaimed agrarian Nation at the international level dealing in such goods as: cocoa, cotton, groundnut, palm oil, palm nut, yam, cassava and a host of other agrarian products, have suddenly left such prestigious National  aspect for oil earned money, which  have invariably led to several crimes witnessed in the Nation.

1979 left Nigeria with a whole lots of national identity to be remembered with, from 1971 to late 1979 witnessed the military regime of the then head of state Gen. Yakubu Growon, and as a  result of oil price boom in 1970 with reference to international in the middles-east left Nigeria with an opportunity to shine; as such the Gen. Gowon’s exclusive attempt (though achieved) to reserve exclusive right to government for oil exploration distribution and revenue generation warranted the 1979 federal constitution of Nigeria which took acute cognizance of the then federal military  government’s quest for exclusive control oil production, as noted section 40 (3)

PUBLIC EXPENDITURE PATTERN BY DIFFERENT ADMINISTRATIVE ERAS 1979 TO PRESENT IN NIGERIA

                                

 

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