This study investigated budget implementation and economic development in Delta State from 1991 to 2010. The study was prompted by the low level of economic development in the state. The study was guided by three research objectives which apparently transmitted into three research questions. The study is descriptive in nature. The data were analyzed using these statistical tools; simple percentage, graphs, and pie charts. Primary and Secondary data were sourced for this study. The major findings of the study are on the factors which have been responsible for budgets failures in the state, which includes budget indiscipline, lack of accountability, non-consideration of reasonable suggestions from interest groups while preparing the budget, inadequate monitoring instruments, political instability, non usage of accurate data, inconsistent economic planning and policies etc. In order to arrest such an unpleasant situations, the following recommendations were advanced; strict observance of budget discipline, creation of enabling operational environment, putting in place of adequate supervisory machinery, positive consideration of reasonable suggestions from interest groups, introduction of remedial measures at the appropriate time and the use of accurate data in the cause of preparing the state future budget(s). In conclusion the State budgets have not been fully implemented since the creation of the state. However, the study reveals that the budgets have made meaningful contribution to the socio-economic and political development of the state.
Adeboye, T. (1997). The Making of the Federal Government Budget. A Paper Presented on a Workshop organized for Budget Office of the Federal Government, Ibadan.
Adesopo, A. A. (2011). Inventory Participatory Planning and Budgeting for Participatory Local Governance in Nigeria. International Journal of Business and Social Science, 2(7).
Ajakaiye, D.O. (1999) Towards Effective Budgeting Under A Democratic System. NCEMA Policy Analysis Series, 5(1).
Aluko, S. & Jok, S. (1994). Press Statement on the 1994 Budget, ‘’Same Old Song’’ The Nigerian Economist,8(8).
Andy Norton & Diane Elson (2002). What’s behind the budget? Politics, rights and accountability in the budget process, Centre for Aid and Public Expenditure Overseas Development Institute, London and Department of Sociology/Human Rights Centre University of Essex, June.
Anyiwe, E.M. (1991). Ecostat!!! Statistical Handbook for Economists, Social Scientists. Ama Resources Nig Ltd, Yaba-Lagos.
Asiodu, P. (2000). Budget Implementation, NCEMA Policy Analysis Series, 6(1)
Garba, A.G. (1999). A Review and Appraisal of the 1998 Federal Budget, CBN Bullion ,24(1).Lagos.
Inang,E.E.(1997). Options for the Successful Implementation of the Real Sector Policies in the 1997 Federal Budget, NCEMA Policy Analysis Series,3(1).
Igbuzor, O. (2004). The Budget: Myths, Illusions and the Reality, A Presented at the Training of Trainers Workshop on Budget Monitoring and Good Governance in Nigerian. Jointly organized by Women Environmental Programme (WEP) and Justice Development and Peace Commission (JDPC), Makurdi Diocese on 2nd Septermber, 2004.
Kayode, M.O. (1991). The Role of Budget to the Economic Development of Nigeria, Nigerian Economics Students Association (NESA), Economic Journal, University of Maiduguri Press.
Mbanefoh, G.F. (1999).Towards Effective Budgeting Under A Democratic System, NCEMA Policy Analysis Series, 5(1).
Nwokedi, S.C. (2000). The Policy Focus of Year 2000 Budget”, NCEMA Policy Analysis Series, 6(1).
Ogunlade, A. (1997). Towards Effective Budget Implementation, NCEMA Policy Analysis Series, 3(1)
Olomola,A.S.(2009). Strategies and Consequences of Budgetary Reforms in Nigeria, Paper for Presentation at the 65th Annual Congress of the Institute of International Public Finance ( IIPF), Cape Town, South Africa.
Olomola, A.S. (2006). Performance Management And Its Relevance for Effective Budgetary Process in Nigeria in B. Oni and Olomola, Ade S. (eds.), Towards Effectiveness of the Budgetary Process in Nigeria”, NISER, Ibadan.
Olomola, A.S. (2000). Budgeting and Fiscal Policy Issues in Nigeria Invited Paper Presented at a Workshop Organized in NISER for Legislative Attaches.
Onimode,B. (1999).Towards Budgeting Under A Democratic System, Bullion, Vol.24(1). CBN,Lagos.
Punch Newspaper of June 6th 2011, Where is the 2011 Federal Budget? , Editorial comment.
Government Publications and Reports
1. 1 Delta State Annual Budgets 1991-2010.
2. 2 The Audit Report by the Delta State Auditor-General, 1991-2003.
3. Actual Revenue and Expenditure Figures compiled by the Accountant-General of Delta State, 1999-2010
4. Returns by the Delta State Ministries/Extra-Ministerial Departments and Parastatals.
5. Global Credit Rating Company Report on Delta State, 2004.
6. Central Bank of Nigeria Statistical Bulletin, 1999-2009.
7. Annual abstract of statistics by the Federal Office of Statistics, 1998 and data for 2004-2009.
8. Poverty Profile for Nigeria 1996 by the Federal office of Statistics. Now National Bureau of Statistics.
9. Socio-Economic Profile for Nigeria 1996 by the Federal Office of Statistics.
10. Nigeria Living Standard Survey, by the Federal Office of Statistics in collaboration with the European Union and World Bank, 2003-2004.
11. Facts behind the Figures, 1999-2004, Vol.1&2, a Publication of the Delta State Government.
Copyright: © 2014 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode
