Addressing Budget and Debt Vulnerability amidst COVID-19: Policy Pathways for Nigeria

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dc.creatorOsabuohien, E. S. C., Gershon, Obindah, Oye, Queen-Esther, Efobi, Uchenna
dc.date2020
dc.date.accessioned2025-04-04T17:27:19Z
dc.descriptionBudget constraints and rising debt burdens in Nigeria are macroeconomic issues that have to be addressed sustainably. Such issues can clog the wheels of progress on economic growth and sustainable development in the country. This policy brief considers the disconnection between economic growth objectives and national budgeting amidst closely related problems of limited revenues, declining oil price, and the resulting debt burdens. Some options for policymakers to address the challenges as a vehicle to ensure better human capital outcomes are highlighted. These include: redefining Nigeria's objectives for budgeting; shifting emphasis from budgetary allocations to funding; addressing inadequate revenue generation; and financing of the national budget. Others entail: improving budget implementation towards achieving the budgeting objectives; orientation of citizens to understand that federal government budgets should fund federal projects alone; and monitoring of sub-national governments
dc.formatapplication/pdf
dc.identifierhttp://eprints.covenantuniversity.edu.ng/14319/
dc.identifier.urihttps://repository.covenantuniversity.edu.ng/handle/123456789/44172
dc.languageen
dc.subjectH Social Sciences (General), HJ Public Finance
dc.titleAddressing Budget and Debt Vulnerability amidst COVID-19: Policy Pathways for Nigeria
dc.typeConference or Workshop Item

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