IDEAS home Printed from https://ideas.repec.org/a/bjz/ajisjr/1721.html
   My bibliography  Save this article

Fiscal Decentralisation, Public Expenditure Management and Human Capital Development in Nigeria

Author

Listed:
  • Stephen I. Ocheni
  • Michael Sunday Agba

Abstract

The paper focuses on fiscal decentralization, public expenditure management and human capital development in Nigeria. It presents a synergical relationship/nexus between fiscal decentralization, public expenditure management and human capital development and sees fiscal decentralization as an imperative necessity of empowering levels of government with financial resources to bring government closer to the people by the rendition of social services to people within their jurisdictions. The paper further argues that assigned fiscal responsibilities of governmental agencies must be backed up with prudent management of public expenditure (recurrent and capital) which should be aptly targeted at developing the human resources considered as the kingpin of true developmental efforts in any society. Nigeria, a social formation with an estimated population of 180 million persons and the largest economy in Africa has consistently failed in fostering the development of its human capital through budgetary allocations and implementation, fiscal decentralization and public expenditure management. To arrest the trend, the paper calls for a sustained commitment on the part of government in the development of the nation’s resources through sustained budgetary allocations in education, health, agriculture, infrastructural development, training and retraining of workers, power, science and technology and execution of people oriented public programmes/projects.

Suggested Citation

  • Stephen I. Ocheni & Michael Sunday Agba, 2018. "Fiscal Decentralisation, Public Expenditure Management and Human Capital Development in Nigeria," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 7, March.
    • Handle: RePEc:bjz:ajisjr:1721
    as

    Download full text from publisher

    File URL: https://www.richtmann.org/journal/index.php/ajis/article/view/10203
    Download Restriction: no
    File URL: https://www.richtmann.org/journal/index.php/ajis/article/view/10203/9835
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Agba, Michael Sunday, 2015. "Electric Power Supply and Work Performance of Academic Staff in Nigerian Universities: A Synergy Analysis," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 6(1), pages 28-39, January.
    2. Bontis, Nick & Dragonetti, Nicola C. & Jacobsen, Kristine & Roos, Göran, 1999. "The knowledge toolbox:: A review of the tools available to measure and manage intangible resources," European Management Journal, Elsevier, vol. 17(4), pages 391-402, August.
    3. Michael Sunday Agba & Hassan Achimugu & Chukwurah, D.C. J. & Joy Uyo Agboni, 2012. "Reward System in the Nigerian Political and Public Sector: The Call for a Paradigm Shift in the 21st Century," International Journal of Learning and Development, Macrothink Institute, vol. 2(5), pages 77-85, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kittiya Yongvanich & James Guthrie, 2006. "An extended performance reporting framework for social and environmental accounting," Business Strategy and the Environment, Wiley Blackwell, vol. 15(5), pages 309-321, September.
    2. Md. Mominur Rahman & Bilkis Akhter, 2021. "The impact of investment in human capital on bank performance: evidence from Bangladesh," Future Business Journal, Springer, vol. 7(1), pages 1-13, December.
    3. Dabić, Marina & Stojčić, Nebojša & Simić, Marijana & Potocan, Vojko & Slavković, Marko & Nedelko, Zlatko, 2021. "Intellectual agility and innovation in micro and small businesses: The mediating role of entrepreneurial leadership," Journal of Business Research, Elsevier, vol. 123(C), pages 683-695.
    4. Bejinaru Ruxandra, 2017. "Knowledge strategies aiming to improve the intellectual capital of universities," Management & Marketing, Sciendo, vol. 12(3), pages 500-523, September.
    5. Tetiana Shkoda & Mariia Tepliuk & Mykhailo Sahaidak, 2020. "Intellectual Potential Management In Forming Strategic Partnership Of Science-Business-Education," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 6(5).
    6. Indra Abeysekera, 2021. "Intellectual Capital and Knowledge Management Research towards Value Creation. From the Past to the Future," JRFM, MDPI, vol. 14(6), pages 1-18, May.
    7. Daniel RUSU, 2022. "Association of Knowledge Management with Strategic Management: Directions and Trends at International Level," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 49-66, February.
    8. Ayat Sami ODEIBAT, 2021. "The Effect Of Technology Evolution On The Future Of Jobs," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 17, pages 57-67, June.
    9. Wei-han Liu & Qian Long Kweh, 2022. "Reexamining nonlinear effects of intellectual capital on firm efficiency," Annals of Operations Research, Springer, vol. 315(2), pages 1319-1344, August.
    10. O. Zeynep Akşin, 2007. "On valuing appreciating human assets in services," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(2), pages 221-235, March.
    11. de Moor, A. & Smits, M.T., 2003. "Key Performance Indicators for Knowledge Management in a Community of Practice," Other publications TiSEM 9c1d3994-14ca-4815-953e-3, Tilburg University, School of Economics and Management.
    12. Aleš Berk & Robert Kaše, 2010. "Establishing the Value of Flexibility Created by Training: Applying Real Options Methodology to a Single HR Practice," Organization Science, INFORMS, vol. 21(3), pages 765-780, June.
    13. Buhovac, Adriana Rejc & Groff, Maja Zaman, 2012. "Contemporary performance measurement systems in central and eastern Europe: a synthesis of the empirical literature," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 17(1), pages 68-103.
    14. repec:dau:papers:123456789/3748 is not listed on IDEAS
    15. Giuseppe Marzo, 2013. "Some Unintended Consequences of Metaphors: The Case of Capital in Intellectual Capital Research," FINANCIAL REPORTING, FrancoAngeli Editore, vol. 2013(3-4), pages 111-140.
    16. Jen-Son Cheng & Yong Xiang & Peter J. Sher & Chia-Wei Liu, 2018. "Artistic intervention, intellectual capital, and service innovation: a case study of a Taiwan’s hotel," Service Business, Springer;Pan-Pacific Business Association, vol. 12(1), pages 169-201, March.
    17. Ljupco Eftimov; & Lucija Eftimova & Marina Serafimoska, 2008. "The Importance Of Balanced Scorecard As A Strategic Management Tool And Its Implementation In The Companies In R. Macedonia And Worldwide," Journal Articles, Center For Economic Analyses, pages 21-32, December.
    18. Robert Huggins & Piers Thompson, 2015. "Entrepreneurship, innovation and regional growth: a network theory," Small Business Economics, Springer, vol. 45(1), pages 103-128, June.
    19. Angel Barajas & Elena Shakina, 2012. "The Relationship Between Intellectual Capital Quality And Corporate Performances: An Empirical Study Of Russian And European Companies," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 57(192), pages 79-98, January –.
    20. repec:hur:ijaraf:v:4:y:2014:i:2:p:1-12 is not listed on IDEAS
    21. Nancy Vargas & M. Begoña Lloria & Salvador Roig-Dobón, 2016. "Main drivers of human capital, learning and performance," The Journal of Technology Transfer, Springer, vol. 41(5), pages 961-978, October.
    22. Rizwan Ellahi & Noman Mahmood & Bazla Ali Khan, 2020. "Concept of Inclusive Optimal Performance (IOP): Theoretical and Conceptual understanding on the inclusive relationship between Internal Simultaneous Performance (ISP) and External Simultaneous Perform," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 16(1), pages 101-124.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bjz:ajisjr:1721. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richtmann Publishing Ltd (email available below). General contact details of provider: https://www.richtmann.org/journal/index.php/ajis .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.