BACKGROUND OF THE STUDY
Government, Military or Civilian believes that one way of solving social and economic problems is by increasing spending. Government as an agent of the people requires revenue to provide education, employment, adequate health services, infrastructures and good roads but in the process of discharging this enormous responsibility the revenue and/or spending requirements of the government may sometimes outstrip its availability, hence the recourse to deficit financing so as to fill the gap between expenditure needs and revenue availability.
Nigeria’s budget deficit experience dates back to 1961, and appeared justified during the immediate post-independence era, and since then till now 85% of Nigeria’s budget runs in deficit. Okoro (2013) stated that deficit financing arises largely because of the need to expand the economy Governments’ inability to carry out or execute capital projects most times is what births deficit. This ignites the need for Government to finance these projects either through internal borrowing, external borrowing or implementation of monetary instrument to increase the flow of fund in the economy. However there is a repel effect on the economic performance of any country whom the state of its economic activities are financed through the prolonged debt from foreign countries because it frustrates sole investors due to the high interest rate.
NOT THE TOPIC YOU ARE LOOKING FOR?
Once payment is made, kindly send us your project topic, email address and payment name to +234 810 144 4147
Once payment is confirmed, Project materials will be sent to your email
This study was carried out to examine the availability and utilization of school library resources and academic performance in selected secondary schools in Ethiope East Local Government, Delta State.
This study was carried out to examine impact of Coronavirus on private school owners, economy, teachers and students using selected private schools in Ifelodun Local Government Area, Osun State as case study. Specifically, the study aimed at Discover...
This study is entitled: effects of instructional materials in teaching and learning of government secondary schools. The study was guided two research questions and two hypotheses were formulated and tested at 0.05 significance level.
This study was carried out to examine domestic violence against women and its impact on children development using Ibadan North Local Government Area of Oyo State as case study.
The study was carried out to determine the influence of availability and adequacy of agricultural science teachers on the performance of secondary school student in Gombe state, Nigeria. In order to achieve this objective, three specific objectives w...
unlike other types of disasters, pandemics target not physical infrastructure, but the very human infrastructure which is most necessary to combat them.
unlike other types of disasters, pandemics target not physical infrastructure, but the very human infrastructure which is most necessary to combat them.
The advent of the COVID pandemic has not only revealed the poor state of infrastructure and facilities in the health sector of Nigeria but also revealed the reality of the dilapidation and poor funding of the education sector.
This study will be of significance to the government to bring to their knowledge ways on curbing the crisis between religious groups and Muslim group on the mandatory use of hijabs in missionary school administration.
The abrupt downturn in economic activity has had a significant impact across many sectors, with international students facing the loss of their part time jobs or reduced or lost incomes, which could have an impact on their ability to continue their s...
Message Us on WhatsApp »
