Budget in Nigerian Public Sector: Need for Balanced Scorecard Perspective

Abstract

The word budget has been traced to its origin. Budget performance in Borno, Bauchi, Yobe, Taraba and Adamawa, all in Nigeria has been investigated specifically on how budget performances differ from State to State. Four budget performance indices appraisals were used. ANOVA and Pair Wise Correlation statistical tools were employed in the analysis of data collected. The results showed that budget performance differs significantly with p = 0.001 from state to state with F > 13.118 tested at 5% level of significance. This paper recommended the adoption of Balanced Scorecard Budget Perspectives and close monitoring of budget execution should be enshrined in the country's work ethics so as to strengthen other measures in mitigating public corruption in Nigeria.

National Budget and Debt as Measures of Public Sector Performance: Empirical Evidence from Nigeria

“…From 1981 till 2010, except in 1995, Nigeria budget has been in deficit. This result is consistent with Sheriffdeen (2012) and Abdullahi & Angus (2012) who respectively affirmed that preparation and presentation of the budget by the president of Nigeria has become more of a fanfare in recent time than a serious business it was up to the mid-1980s and that many a time government budgets in developing countries like Nigeria is nothing but addition of figures only to be read to the ears of the public and departure from budget items amount to disastrous development, conflicts, scandals and corruption of administration.…”

“…First, in agreement with Abdullahi & Angus (2012), it is recommended that the budget document which is a plan of activities should be followed item after item in its implementation and execution. In addition, following Ball (2009) Nigeria government should as a matter of transparent accountability prepare budget on accrual basis and put in place structures and mechanisms that will ensure the enactment of federal law making provisions for the amount that the government can borrow and the debt ceiling, which can only be increased with a vote by National Assembly.…”

Budgetary Participation and Managerial Performance in Public Sector Organisations: A Study from Nigeria

“…Although the results of the study establish some level of relationship between budgetary participation and employee performance, the strength of the relationship was found to be weak, connoting that there are other factors aside budgetary participation which influence the realization of budget goals. Malgwi & Unegbu (2012), in investigating how budget performances in five selected states in Nigeria differ, concluded that there was significant difference in performance among the states, because of differences in the budgetary system, including differences in the level of budgetary participation. On the premises that the balance score card links budget strategy and objectives with Key Performance Indicators (KPI), they recommended a balanced score card approach to the preparation of budgets in the public sector, because budgets not only serve as a tool for revenue estimation and expenditure control, but also for checkmating corruption in the use of public resources.…”

“…Further, as the purposes of budgets are similar with the functions of management, there is the possibility that budgetary participation may affect the discharge of managerial functions (such as planning, organising, controlling, co-ordinating, and decisionmaking, amongst others) -but the influence of budgetary participation on managerial functions in public sector organisations in the Nigerian context is under-researched. Although erstwhile studies on budgeting in private sector and public sector organisations have heretofore investigated the relationship between budgetary participation (BP) and managerial performance (MP) (for example, Stedry, 1960;Bryan & Locke, 1967;Hofstede, 1968;Milani, 1975;Kenis, 1979;Steers, 1979;Nouri & Parker, 1998;Wentzel, 2002;Kochi, 2011;Malgwi & Unegbu, 2012;Noor & Othman, 2012;Owusu, Dwomoh, Collins, Yaa & Daniel, 2014), there are conflicting views as to the nature of relationship (positive, negative, or neutral) between BP and MP.…”

Assessment of the Impact of Icts ICTs on Budget Processing In MDAs of Ondo State, Nigeria

“…According to Malgwi and Unegbu (2012), the word budget originated from a French word bougette meaning little bag. It is a tool use by the government for planning and controlling government economic resources.…”