Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/228028 
Year of Publication: 
2020
Series/Report no.: 
AGDI Working Paper No. WP/20/051
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
In spite of the massive revenue emanating from oil wealth, the successive government of Nigeria failed to give to its citizenry the dividend of democracy owing in large part to their inability to establish a market clearing situation because of inadequate linkage between the sources and the markets (transport infrastructures). An enquiry into the cause and potential solutions to the problems of transport infrastructure development in Nigeria informed the need to regress indices of fiscal vulnerability on the indicator of transport infrastructure development in Nigeria from 1986 through 2017 using the dynamic ordinary least squares regression technique. Results show that high-levelfiscal vulnerability deters optimal government expenditure on transport infrastructure development in Nigeria. Based on the findings of the study, itis recommended that government should do more to block all leakages of fiscal revenues and subsequently ensure that more allocation is channelled into transporting infrastructure development because of its forward and backward linkages.
Subjects: 
Fiscal Vulnerability
Transport Infrastructure Development
Nigeria
JEL: 
H5
E44
H12
R4
Document Type: 
Working Paper

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