ABSTRACT
This
study investigates the effect of capital budget implementation on the
development of Nigerian economy.The slope ofthe study covers the post
democratic regime from 2004 to 2017. Ex-post facto research design was adopted.
Secondary data were sourced from Central Bank of Nigeria (CBN) Statistical
bulletin 2017, Various Budget Implementation Reports of Budget office of the
Federation, Journals, and National News Papers. The data collected were
analyzed using descriptive, multiple regression, and correlation analysis and
employing the service of EView 8 and SPSS version 20. The study reveals that there
is a significant relationship between capital expenditure and gross domestic
product in Nigeria. Secondly, capital implementation rate significantly relates
to gross domestic product in Nigeria. Thirdly, the time lag between president’s
presentation and signing of budget has significant relationship with gross
domestic product. Finally, there is negative but not statistically significant
relationship between time lag between president’s presentation and signing of
budgets and capital budget implementation rate.The study recommends that since
there is a significant and positive relationship between capital expenditure
and economic development. Government should increase capital expenditure, to
boost the economic development ofthe country. In addition, based on the finding
that capital budget implementation rate has significant relationship with the
gross domestic product, we recommend that budget implementation be adequately
monitored to achieve higher rate of implementation.
OMOTOSHO, M (2024). Effect Of Non-Performing Loans On The Performance Of Micro-Finance Banks In Nigeria:- Omotosho Olayinka M. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-non-performing-loans-on-the-performance-of-micro-finance-banks-in-nigeria-omotosho-olayinka-m-7-2
MOSES, OMOTOSHO. "Effect Of Non-Performing Loans On The Performance Of Micro-Finance Banks In Nigeria:- Omotosho Olayinka M" Mouau.afribary.org. Mouau.afribary.org, 08 Aug. 2024, https://repository.mouau.edu.ng/work/view/effect-of-non-performing-loans-on-the-performance-of-micro-finance-banks-in-nigeria-omotosho-olayinka-m-7-2. Accessed 30 Oct. 2024.
MOSES, OMOTOSHO. "Effect Of Non-Performing Loans On The Performance Of Micro-Finance Banks In Nigeria:- Omotosho Olayinka M". Mouau.afribary.org, Mouau.afribary.org, 08 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-non-performing-loans-on-the-performance-of-micro-finance-banks-in-nigeria-omotosho-olayinka-m-7-2 >.
MOSES, OMOTOSHO. "Effect Of Non-Performing Loans On The Performance Of Micro-Finance Banks In Nigeria:- Omotosho Olayinka M" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-non-performing-loans-on-the-performance-of-micro-finance-banks-in-nigeria-omotosho-olayinka-m-7-2