Fiscal Discipline and Public Sector Accountability in Nigeria

Abstract

Fiscal discipline and public sector accountability are pivotal to
sustainable economic growth and development, particularly in
developing economies such as Nigeria. This paper examines the
interrelationship between fiscal discipline and public sector
accountability in Nigeria, highlighting key challenges, policy
gaps, and prospects for reform. Employing an exploratory
approach, it investigates the theoretical foundations of fiscal
discipline and accountability, and evaluates Nigeria's current
fiscal framework using selected fiscal parameters to assess their
effectiveness in promoting transparency, reducing corruption,
and ensuring efficient resource allocation. The study suggests
that to enhance fiscal discipline and strengthen public
accountability, there is a need for institutional reforms, capacity
building, and the adoption of digital governance systems.