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VOL. 6, ISSUE 2 (2024)
Budget padding and good governance In Nigeria under The Buhari’s Administration, 2015-2017
Authors
Kpaa Kabee
Abstract
Budget is an embodiment of a country’s
strategic and policy priorities; so that once the priorities are distorted,
planned targets can hardly be met. To that extent, a budget is intimately
associated with policy success or failure. It has become expedient, planning
for governmental expenditure with the available revenue, which by the
legislative power of scrutiny or Appropriation will be met with effectiveness
and efficiency of fiscal policy and even development. Budgeting is an intensely
political-cum economic process, as both revenues and expenditures are about
allocation of resources among competing wants and constituencies within a
political environment. Instead of supposed elected representatives, seeking to,
through appropriation lay the foundation for the development of the country
through proper legislation, they rather had been stocked in criminality,
through the addition of unnecessary item or the repetition of items already
contend in the budget known as “Budget Padding” which had resulted in
subverting the common wealth for personal gain. The study examined the impact
of budget padding on governance in Nigeria, with particular emphasis on
Buhari’s administration 2015 and 2016 budgets. Qualitative research design that
is exploratory and historical in nature secondary sources that is based on
documented materials and qualitative descriptive method of analysis were
adopted. Anchoring our discourse on the Even Conspiracy theory, findings
amongst others revealed that; inflation of budget for fraudulent private ends
had gone on unobtrusively in the country, but it was only in 2016, with the
emergence of President Buhari, that the odious practice of “Budget Padding”
came to limelight, with the “Budget Mafia” being constituted not only by civil
servants but also by some National Assemblymen, businessmen and contractors.
The study recommended amongst other that; the National Assembly leadership
should be committed to accountability and transparency in the budgeting process
so as to help the government live up to its responsibility of providing good
governance.
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Pages:1-9
How to cite this article:
Kpaa Kabee "Budget padding and good governance In Nigeria under The Buhari’s Administration, 2015-2017". International Journal of Social Science and Humanities, Vol 6, Issue 2, 2024, Pages 1-9
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