ABSTRACT
The research work on the impact of zero-based budgeting approach on the performance of Nigerian economywas carried out to explain the impact of zero-based budgeting approach on the performance of Nigerian economy. Research questions were properly designed from where the hypotheses of the study were formulated as a guide to the researcher’s literature on related matters by different authors were reviewed and the historical and descriptive methods used as the research design. The population of the study constitutes the four departments within the Ministry of Budget and National Planning which comprise of Revenue Department, Administration and Supply, Fiscal Policy Department and Expenditure Department.Simple random sampling technique was used in arriving at a sample of 32 respondents. The primary and secondary source of data was applied in the data collection. The data collectedwere tested using Pearson’s Correlation co-efficient technique. The finding of the research work showed that; there is no significant relationship between Zero based budgeting and economic development and secondly, that there is no relationship between zero-based budgeting approach and economic performance indices in Nigeria. That whatever form of budgeting method the government wishes to adopt, there should be will power from the implementers of this budget to put national interest first before personal interest in order for the common man to benefit from the implementation of the budget. Secondly, because of the large population of Nigeria and the size of its land mass, it is therefore recommended that zero based budgeting approach should be introduced to States in order for it to have a positive effect.
TABLE OF CONTENT
Cover page - - - - - - - - i
Title page - - - - - - - - ii
Certification - - - - - - - - iii
Approval - - - - - - - - iv
Dedication - - - - - - - - v
Acknowledgement - - - - - - - vi
Table of content - - - - - - - viii
List of table - - - - - - - - - x
Abstract - - - - - - - - xi
CHAPTER ONE:
INTRODUCTION
1.1 Background to the study - - - - - 1
1.2 Statement of the problem - - - - - 3
1.3 Objectives of the study - - - - - 4
1.4 Research questions - - - - - - 4
1.5 Research hypotheses - - - - - - 5
1.6 Significance of the study - - - - - 5
1.7 Scope and delimitation of the study - - - - 6
1.8 Limitations of study - - - - - - 6
1.9 Definition of terms - - - - - - 6
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Theoretical framework - - - - - - 8
2.1.1 Stakeholder theory - - - - - - 9
2.2 Conceptual framework - - - - - 10
2.2.1 Concept of budget - - - - - - - 11
2.2.2 Zero based budgeting - - - - - - 12
2.2.3 Historical evolution of zero-based budgeting system - - 13
2.2.4 An evaluation of zero-based budgeting system (ZBB), benefits and challenges to Nigeria economy - - 14
2.2.5 Stages of zero-based budgeting - - - - - 14
2.2.6 The benefits of ZBB methods - - - - - 15
2.2.7 Advantages of zero based budgeting - - - - 17
2.2.8 Zero based budgeting disadvantages - - - - 18
2.2.9 Challenges of zero-based budgeting - - - - - 18
2.2.10 Criticism against zero-based budgeting - - - - 19
2.2.11 Federal government and zero based budgeting in Nigeria - 21
2.3 Empirical review - - - - - - - 27
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Research Design - - - - - - 30
3.2 Sources of Data Collection - - - - - 30
3.3 Method of data collection - -- - - - 30
3.4 Model specification - - - - - - - 31
3.5 Population of the study - - - - - 32
3.6 Sample and Sampling Techniques -- - - - 32
3.7 Reliability and validity of Instrument - - - 32
3.8 Data analysis techniques - - - - - 32
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS, TEST OF HYPOTHESIS AND DISCUSSION OF FINDINGS
4.1 Data presentation - - - - - - 34
4.2 Data analysis - - - - - - - 38
4.3 Test of hypotheses - - - - - - 40
4.4 Discussion of findings - -- - - - 44
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS OF FINDINGS
5.1 Summary of findings - - - - - - 45
5.2 Conclusion - - - - - - - 45
5.3 Recommendations - - - - - - 46
References - - - - - - - 47
Appendices - - - - - - - 50
Ega, D. & and, E (2018). IMPACT OF ZERO BASE BUDGETING APPROACH ON THE PERFORMANCE OF NIGERIAN ECONOMY. Afribary. Retrieved from https://tracking.afribary.com/works/impact-of-zero-base-budgeting-approach-on-the-performance-of-nigerian-economy
Ega, Daniel, and Ega And "IMPACT OF ZERO BASE BUDGETING APPROACH ON THE PERFORMANCE OF NIGERIAN ECONOMY" Afribary. Afribary, 17 Dec. 2018, https://tracking.afribary.com/works/impact-of-zero-base-budgeting-approach-on-the-performance-of-nigerian-economy. Accessed 23 Dec. 2024.
Ega, Daniel, and Ega And . "IMPACT OF ZERO BASE BUDGETING APPROACH ON THE PERFORMANCE OF NIGERIAN ECONOMY". Afribary, Afribary, 17 Dec. 2018. Web. 23 Dec. 2024. < https://tracking.afribary.com/works/impact-of-zero-base-budgeting-approach-on-the-performance-of-nigerian-economy >.
Ega, Daniel and And, Ega . "IMPACT OF ZERO BASE BUDGETING APPROACH ON THE PERFORMANCE OF NIGERIAN ECONOMY" Afribary (2018). Accessed December 23, 2024. https://tracking.afribary.com/works/impact-of-zero-base-budgeting-approach-on-the-performance-of-nigerian-economy