EFFECT OF FISCAL RESPONSIBILITY ACT ON BUDGETING AND ACCOUNTABILITY PRACTICE IN NIGERIA
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Nigeria operates a mixed economy made up of the public sector (government and its activities) and private sector (privately owned part of economy). In such a planned economy, the public sector has the commanding rights of the economy and takes all major decisions including those for private sector,(1999 Constitution, section 16: sub- section 1,2 and 4). However, in the second half of the ...
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