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Analysis of the Budget Trend of Capital Allocation to Infrastructure Development in South-South Nigeria

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Analysis of the Budget Trend of Capital Allocation to Infrastructure Development in South-South Nigeria


Beals, Sampson Alele



Beals, Sampson Alele "Analysis of the Budget Trend of Capital Allocation to Infrastructure Development in South-South Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4, June 2020, pp.1790-1797, URL: https://www.ijtsrd.com/papers/ijtsrd31720.pdf

Infrastructural developments of states are dependent on the capital expenditures allocated in the annual budgets of governments. The strength of government emphasis on infrastructure development can be ascertained through the trend of capital expenditure over years. In this study the trend of capital allocation in the budgets of South-South States’ governments of Nigeria is analysed spanning a period of 11 years (2007-2017). The population of this study is the 6 states of South-South Nigeria. Secondary data were collected from yearly budgets or appropriation bills of the state governments from state and national publications. Employing descriptive statistics and analysis of variance (ANOVA), the study reveals that capital expenditure as a percentage of the total revenue expenditure of government is higher in the South-South states than that of the rest states of the nation as an entity in a ratio of 60.14% to 41.76%. It is also higher than recurrent expenditure across the South-South states in a ratio of 60.14% to 39.86%. The spatial distribution of capital expenditure significantly differs across the states. Thus, forecasting capital expenditure from one state to another is not feasible. It is recommended that the states should improve upon their allocation of more funds to capital expenditures than recurrent expenditures, while insisting on effective implementation of budgetary allocated capital.

Capital expenditure, Infrastructure, Budget, Expenditure trend, South-South Nigeria


IJTSRD31720
Volume-4 | Issue-4, June 2020
1790-1797
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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