The Politics of Government Budgeting and Its Implications for Development in Nigeria

This study uses a political economy approach to examine the politics of government budgeting in Nigeria and its implications for development. The objectives are to explore the relationship between political dynamics, budgeting processes, and development outcomes, and to identify key factors influencing budgetary decisions. A mixed-methods research design was employed, combining qualitative analysis of interviews, focus groups, document analysis, and quantitative analysis of budgetary figures and statistical data. Theoretical frameworks from political economy provide insights into the role of institutions, power distribution, and vested interests in shaping budget decisions. The findings reveal patterns of budget allocation favoring certain regions and sectors, resulting in disparities in development outcomes. Political factors, including clientelism, elite capture, and corruption, significantly influence budget decisions, hindering effective resource allocation for development. Limited transparency and accountability in the budgeting process hamper public participation and contribute to the misallocation of resources. The study recommends enhancing transparency, accountability, and public participation, along with reforms to address political influences and promote equitable resource allocation for sustainable development in Nigeria.

Keywords: Government Budgeting, Politics, Socioeconomic Development, Corruption, Nigeria.