The Nigerian Budgeting Process A Framework for Increasing Employment Performance

Abstract

There have been several systematic inquiries into the functioning of Nigeria’s budget
implementation process, and employment performance, particularly over the past few
decades in order to diagnose the country’s budget implementation problems. This article
reports on an investigation into the effects of the formal budgeting process, budgetary
participation, sector size, and ownership on the employment performance of Nigerian
ministries, departments, agencies and parastatals. The study drew on observations from the
area of financial planning and control and its influence on employment performance, and
was conducted to fill the gap in previous literature about how budgeting practice affects
employment performance. Hopefully, this theoretical exploration will provide fresh insight
into the possible correlation between budgeting practice and employment performance. A
combination of financial and non-financial measurements is suggested to reflect the
effectiveness of budgeting practice on employment performance. The findings provide more
evidence regarding the impact of the budgeting process on employment performance, and
suggestions for increasing employment performance level in Nigeria are provided, thus
providing possible solutions to similar challenges faced by other developing countries.