REUBEN ADEOLU ALABI (Editor) ECONOMICS OF PUBLIC EXPENDITURE IN NIGERIA ECONOMICS OF PUBLIC EXPENDITURE IN NIGERIA In about forty years of oil production, Nigeria has earned over $400 billion from oil. With its large reserves of human and natural resources, Nigeria has the potential to build a prosperous economy, reduce poverty significantly, and provide the health, education, and infrastructure services its population needs. However, available evidence indicates that these resources have not been equitably used for the welfare of the populace. Hence, associated with Nigeria development is huge inequalities. These inequalities have widened, as in many African countries with the economic crisis of the 80s. The richest are more enriched, while the proportion of people living below the poverty line has increased with the disappearance of the middle class who could mediate between the two extremes. Moreover, the industrial base is not sufficiently developed to enable the country to have significant tax revenues. So a shift in the allocation of public spending for the poor to reduce the welfare gap that separates the rich from the poor becomes imperative. Hence, for effective policies formulation and implementation on redistribution there is a need for book like this on public expenditure in Nigeria REUBEN ADEOLU ALABI (Editor) Alabi Reuben Adeolu is a Professor of Agricultural and Development Economics in the Department of Agricultural Economics, Ambrose Alli University, Nigeria. He is also Alexander von Humboldt Research Fellow at Institute for World Economics and International Management University of Bremen, Bremen, Germany. 978-3-8484-1857-2 PUBLIC EXPENDITURE IN NIGERIA REUBEN ADEOLU ALABI (Editor)
Transcript
REUBEN ADEOLU ALABI (Editor)
ECONOMICS OF PUBLICEXPENDITURE IN NIGERIA
ECONOMICS OF PUBLIC EXPENDITURE IN NIGERIA
In about forty years of oil production, Nigeria has earned over $400 billionfrom oil. With its large reserves of human and natural resources, Nigeriahas the potential to build a prosperous economy, reduce povertysignificantly, and provide the health, education, and infrastructure servicesits population needs. However, available evidence indicates that theseresources have not been equitably used for the welfare of the populace.Hence, associated with Nigeria development is huge inequalities. Theseinequalities have widened, as in many African countries with the economiccrisis of the 80s. The richest are more enriched, while the proportion ofpeople living below the poverty line has increased with the disappearanceof the middle class who could mediate between the two extremes.Moreover, the industrial base is not sufficiently developed to enable thecountry to have significant tax revenues. So a shift in the allocation ofpublic spending for the poor to reduce the welfare gap that separates therich from the poor becomes imperative. Hence, for effective policiesformulation and implementation on redistribution there is a need for booklike this on public expenditure in Nigeria
REUBEN ADEOLU ALABI (Editor)
Alabi Reuben Adeolu is a Professor of Agricultural and DevelopmentEconomics in the Department of Agricultural Economics, Ambrose AlliUniversity, Nigeria. He is also Alexander von Humboldt Research Fellow atInstitute for World Economics and International Management Universityof Bremen, Bremen, Germany.
978-3-8484-1857-2
PUBLIC
EXPEN
DITU
RE IN N
IGERIA
REUBEN
AD
EOLU
ALA
BI (Editor)
Table of Content Title
1 The Economics Of Public Sector Spending In Nigeria Ailemen M. I.
Department of Economics, Ambrose Alli University, Ekpoma.
2 Public Preferences for Federal Government Spending in Nigeria: Evidence from Stated Choice Experiment
*Abubakar, M. I.and Z. Amadou** *Dept. of Agricultural Economics and Extension, Usmanu Danfodiyo University, Sokoto,
Nigeria. **Department of Agricultural Economics, Oklahoma State, University, USA
3 The Neglect of Pro-Poor Budgeting and Challenges to MDG One: Evidence from Bayelsa State
Ibaba Samuel Ibaba Department of Political Science, Niger Delta University, Wilberforce Island, Bayelsa
State, Nigeria. 4 The Determinants of Fiscal Deficits in Nigeria: The Dynamic Specification
*Okojie E. I. and **Ailemen M. I *Department of Economics and Statistics, University of Benin, Benin City.
**Department of Economics, Ambrose Alli University, Ekpoma.
5 Impact Of Fiscal Deficit On External Sector Performance In Nigeria (1970-2008) *Imimole1, Benedict, **Omonzejie, Peter and ***Idome Augustine
*.Department of Economics, Ambrose Alli University, Ekpoma, Nigeria
**. Department of Economics, Ambrose Alli University, Ekpoma, Nigeria. Email: imenomonp@@yahoo.com
***Auchi Polytechnic, Auchi, Nigeria
6 An Empirical Analysis Of The Impact Of Education And Health Public Spending On Economic Growth In Nigeria
Okojie, E. I Department of Economics, University of Benin, Benin, Edo State, Nigeria
7 Public Expenditure on Agriculture and Rural Development in Nigeria.
Foluso Temitope Agulanna
Department of Agricultural Economics. University of Ibadan, Ibadan, Nigeria.
8 Does fertilizer Subsidy Influence Fertilizer Use in Nigeria? An Econometric Evidence
*Alabi, Reuben Adeolu. **Osasogie, Daniel Izezuwa and **Ighalo, Sunday O *Department of Agricultural Economics & Extension, Ambrose Alli University,
Ekpoma, Nigeria **. Department of Crop Science, Ambrose Alli University, Ekpoma, Nigeria
9 What is the Share of the Poor in the National Cake in Nigeria? A Marginal Incidence
Analysis of Public Spending Alabi, Reuben Adeolu, Osasogie, Daniel Izevbuwa and Adam, Oshobugie Ojor
Department of Agricultural Economics, Ambrose Alli University, Ekpoma Edo State, Nigeria
10 Transparency and Accountability in Public Expenditure in Nigeria David Ugolor
African Network for Environment and Economic Justice (ANEEJ). Benin City, Edo State, Nigeria.
