Conference Paper

FISCAL POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA

This study investigated the upshot of fiscal policy on sustainable Development of Nigeria over 35 years (1990-2024). Management expenditure, tax revenue and public debt and adjusted net savings (ANS) in Nigeria were the variables used. The study was based on time series and secondary source of data. The data were collected from the Developmental indicator of the World Bank 2025 and statistical bulletin of the Central Bank of Nigeria (CBN) 2025. Descriptive statistics, correlation analysis, unit root test and regression were used to analyze the data collected. The outcomes outlined that management spending in Nigeria does not substantially affect adjusted net savings in Nigeria. Further, the adjusted net savings in Nigeria is not related to public debt. This study however, unveiled the influence of tax revenue on adjusted net saving in the country of Nigeria. Hence, the study concluded that fiscal policy contribute substantially to sustainable Development in Nigeria. Thus, it was recommended for Nigeria to invest in capital and not recurrent cost for productivity. Investments in infrastructure, human capital and sustainable Development are crucial in boosting the impact of management spending on national saving. Keyword: Management Expenditure, Tax Revenue, Public Debt, Fiscal Policy, Adjusted Net Savings.