Effects of Public Sector Budget on Economic Development of the Nigerian Economy: A Study of Taraba State House of Assembly, Jalingo

Abstract

This Paper examines Effects of Public Budget on Economic Development of the Nigerian Economy. Primary Data for this research work was gathered through the administration of questionnaire whereas secondary data was obtained from textbooks, Journals and internet. Standard tables and simple percentages were used to present and analyze socio- economic variables while Analysis of Variance (ONOVA) was used to test the hypotheses formulated. This study found among others that the types of budget applicable in the public sector significantly affects economic development and that the purposes of preparing budget in the public sector have been met since it has significant effects on economic development. This research work recommends among others that realistic and attainable estimate should always be forecasted and that government should use budget as an economic tool to communicate the variables it intends to provide to the citizenry at a point in time to improve their welfare.