Browsing by Subject "World Bank Nigeria Development"

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Rising Fiscal Squeeze, Declining Capital Spending, and Need for Legislative Intervention on Budget Credibility and Capital Project Delivery

Ejalonibu, Ganiyu; Udokang, Nsisong Boniface; Obot, Etimbuk (NILDS- Department of Democracy and Governance, 2026-04)

Recent data from the World Bank Nigeria Development Update (April 2026) indicates a continued decline in Nigeria’s fiscal space for development-oriented expenditure, with capital spending falling from 1.3% of GDP (₦5.5 ...