Full Project – The impact of fiscal policy instruments on investment in Nigeria

Full Project – The impact of fiscal policy instruments on investment in Nigeria

Click here to Get this Complete Project Chapter 1-5

CHAPTER ONE

INTRODUCTION

1.1       Background to the Study

Fiscal policy is the use of government revenues and expenditure policies to regulate and stabilize the economy toward development. The government uses this policy in other to achieve its objectives in stabilizing the economy. This includes the macroeconomic objectives (price stability, economic growth, reduction in poverty, balance of payment equilibrium etc.) and microeconomic influence on efficiency of resources use.

The use of fiscal policy is very paramount in every society most especially in the less developed countries (LDCs) as a major tool for stabilization and for development to be sporadic. Fiscal policy as in many texts and literatures could mean the government actions affecting its receipts (revenue) and expenditure which is taken as ordinarily a measure by the government’s net receipts, its surplus or deficit. The government may offset undesirable variations in private consumption and investment by anti-cyclical variation of public expenditure and tax revenue. Simply put, when the government uses government revenue and expenditure policies to regulate and stabilize the economy toward development, the action is fiscal policy. It thus serves as an economy’s “shock absorber” in specific areas of development (Amanja 2015)

Taxation in fiscal policy as a major tool is used by the government authority as a compulsory contribution imposed on goods, individuals income, cooperate bodies etc., irrespective of the tax payer in return, and not imposed as a penalty for any legal offence (Anyaele J., 2003). Expenditure in fiscal policy is the total expenses incurred by public authorities at the Federal, state and local governments (Anyaele J., 2003). With the influence of government authorities on taxation and expenditure they can be able to manipulate the economy to a desired direction.

Fiscal policy also is essentially concerned with manipulating the financial operations of government with a view of furthering certain economic policy objective. In the other words, it consists of government decisions to vary certain fiscal aggregate such as total government spending and tax revenues as opposed to some other aspects of public finance which are primarily concerned with the effect of specific government expenditure and taxes (Stein 1968). Fiscal policy is majorly used in terms of government expenditure, tax revenue, government investment, budgeting and debts (Babalola, 2015).

1.2       Statement of the Problem

Upon several government policies on the stability of Nigerian economy, there have been a lot of challenges facing the growth and investment as identified by researchers. These challenges include: corruption and ineffective economic policies (Gbosi, 2013); inappropriate and ineffective policies (Anyanwu, 2007); lack of integration of macroeconomic plans and the absence of harmonization and coordination of fiscal policy (Onoh, 2007); gross mismanagement/misappropriations of public funds (Okemini and Uranta, 2008); and lack of economic potential for rapid economic growth and development (Ogbole, 2010). Despite the emphasis placed on fiscal policy in the management of the economy, investment in Nigerian economy is yet to come on the path of sound growth and development because of low output in the gross fixed capital formation to the economy (GDP).

This study is specifically interested in examining the level of significant fiscal policy has on investment output in Nigeria due to its low contribution to the growth of the economy. Most studies on fiscal policy dwelt on the determinants, its impact on economic growth, its impact on capital formation, its impact on capital stock, deficit and macroeconomics variables, while studies on investment output focuses on its productivity, bank lending, economic growth, global economic downturn, monetary policy, banking sector reform, and its performance. However, in Nigeria, both variables have valuable significant effect on economic growth and stabilization, but study about their relationship has research gap, as there seems to be little or no attention on the impact of fiscal policy instruments on investment in Nigeria. This study seeks to fill this research gap.    

1.3       Research Questions

These research questions will guide the study;

  1. What is the effect of fiscal policy tools on investment in Nigerian economy?
  2. Is there any long run relationship between fiscal policy tools and investment in Nigeria?

 1.4      Objective of the Study

The main objective of the study is to examine the effectiveness of fiscal policy tools on investment in Nigerian Economy. Then the specific objectives are as follows:

  1. To determine effective instruments of fiscal policy on the growth of investment in Nigeria
  2. To determine if there is a long run relationship between fiscal policy tools and investment in Nigeria.

1.5       Statement of Hypothesis

Following the above research question, our hypothesis is stated as follows:

Ho1: Fiscal policy tools is not significantly effective to the growth of investment in the Nigerian Economy

H02: There is no long run relationship between fiscal policy tools and investment in the Nigerian Economy

1.6       Significance of the Study

The result and outcome of this research work will be of great benefit to the government of Nigeria. By identifying the strengths and weakness of the government in using fiscal policy measures: Tax and expenditure management, effective policy formation can be made from the research result. More importantly these individuals or group will benefit from the research work. They are; the government fiscal policy formulation board, the private and foreign investors and exporters, local firms etc. This research will go a long way by improving the economic development of the nation as it affects mostly the industrial and manufacturing sector of the country.

The study would be valuable to assist the researcher to widen his knowledge in the research work. Finally, future researchers would find this study indispensable.

1.7       Scope of the Study

The research covers a period of 1981-2017. The study is basically limited to the Nigerian Economy. It’s based on the time and resources given that the study was carried out. The research is something possible to estimate. The study is organized in five chapters.

1.8       Limitation of the Study

The study is only limited to the Nigerian Economy. It is equally limited to time and sources of data. The data used is secondary data which was hard to get.

The study should enable me to visit government board of fiscal planning but due to finance and other limitations I cannot have access to such.

 

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for international clients.

Click here to Get this Complete Project Chapter 1-5

 

 

 

 

You can also check other Research Project here:

 

 

Full Project – The impact of fiscal policy instruments on investment in Nigeria

Click here to Get The Complete Research Project Chapter 1-5


RESEARCH PROJECT CONTENTS
CHAPTER ONE - INTRODUCTION
1.1 Background of the study
1.2 Statement of problem
1.3 Objective of the study
1.4 Research Hypotheses
1.5 Significance of the study
1.6 Scope and limitation of the study
1.7 Definition of terms
1.8 Organization of the study
CHAPETR TWO – LITERATURE REVIEW
2.1. Introduction
2.2. Conceptual Framework
2.3. Theoretical Framework
2.4 Empirical Review
CHAPETR THREE - RESEARCH METHODOLOGY
3.1 Research Design
3.2 Study Area
3.3 Population of the Study
3.4 Sample Size and Sampling Technique
3.5 Instrument for Data Collection
3.6 Validity of the Instrument
3.7 Reliability of the Instrument
3.8 Method of Data Collection
3.9 Method of Data Analysis
3.9 Method of Data Analysis
3.10 Ethical Considerations
CHAPTER FOUR - DATA PRESENTATION AND ANALYSIS
4.1. Introduction
4.2 Demographic Profiles of Respondents
4.2 Research Questions
4.3. Testing of Research Hypothesis
4.4 Discussion of Findings
CHAPTER FIVE – SUMMARY, CONCLUSION & RECOMMENDATIONS
5.1 Introduction
5.2 Summary
5.3 Conclusion
5.4 Recommendation
REFERENCES
APPENDIX


Frequently Asked Questions | PenViewWriting.com

Frequently Asked Questions

How do I get my choice complete project on any topic?
To get your choice of complete project on any topic, simply click on the Download button above. Once you do that, follow the simple procedure stated on the page to complete the process. The steps are easy and straightforward, ensuring you can quickly access the full project without stress. You may be required to provide some basic details or confirm your selection before the download begins. After completing the procedure, the project will be available for you to save on your device. This method guarantees you receive the exact project topic you want in a complete, ready-to-use format.
I have a fresh topic that is not on your website. How do I go about it?
If you have a fresh topic that is not listed on our website, don’t worry—you can still get a complete and well-prepared research project. All you need to do is chat with us directly on WhatsApp or contact our Instant Help Desk. Once you share the details of your topic, our team of experts will guide you through the process and provide a custom-written research project tailored specifically to your requirements. This ensures that even if your topic is new, unique, or uncommon, you will still receive a high-quality, original project that meets your academic needs.
How fast can I get this complete project on any project topic?
You can get your complete project very quickly, depending on your needs. If you want this exact project topic without any adjustments or modifications, it will be ready for you to download within 15 minutes. The process is fast, simple, and convenient, ensuring you don’t waste time waiting. However, if you require some changes, customization, or a fresh project written from scratch, the delivery time may take a little longer, depending on the scope of work involved. Either way, we are committed to ensuring you get your complete project promptly to meet your academic deadlines.
Is it a complete research project or just materials?
It is a Complete Research Project, not just research materials or excerpts. This means you will receive everything you need in a standard academic project format. Specifically, the package includes Chapters 1 to 5, a well-written Abstract, a detailed Table of Contents, complete References, and where applicable, Questionnaires or Secondary Data. Each section is carefully structured to meet academic requirements, making it suitable for submission or further customization. So, when you download, you’re not just getting scattered notes but a fully developed research project that is ready for use, study, or adaptation to your specific academic needs.
What if I want to change the case study for this topic?
If you would like to change the case study for this topic, it’s very easy. Simply chat with our Instant Help Desk now via +234 708 7083 227, and you will get an immediate response. Our team will assist you in modifying the project to reflect the new case study of your choice. This ensures the content remains relevant and tailored to your academic requirements. Whether you want to switch to a different organization, location, or sample population, our experts will make the necessary adjustments promptly, so you still receive a complete and well-structured research project without any hassle.
How will I get my complete project?
Your Complete Project Material will be delivered directly to your email address for easy access and use. The file will be sent in Microsoft Word document format (MS Word), which allows you to easily read, edit, and customize the content to suit your specific requirements. This format is widely accepted for academic work and ensures you can make adjustments such as changing the case study, updating references, or adding personal inputs if needed. Once the project is sent, you can download it to your device immediately and begin working with it without any extra steps or complications.
Can I get my Complete Project through WhatsApp?
Yes! You can also receive your Complete Research Project directly through your WhatsApp number for convenience. Once your project is ready, we can send the full material in MS Word format straight to your WhatsApp, making it quick and easy for you to download and access on your phone or computer. This option is especially helpful if you prefer instant delivery, faster communication, or easier access on mobile devices. Whether through email or WhatsApp, you will still get the same complete project—including all chapters, abstract, references, and questionnaires where applicable—delivered securely and without delay.
What if my Project Supervisor made some changes to a topic I picked from your website?
If your project supervisor has made some changes to the topic you picked from our website, there is no need to worry. Simply call our Instant Help Desk now on +234 708 7083 227, and you will get an immediate response. Our team will assist you in adjusting the project to reflect your supervisor’s corrections or modifications. Whether it involves rephrasing the topic, changing the case study, or adding specific requirements, we will make the necessary updates quickly. This ensures your project aligns perfectly with your supervisor’s expectations while still maintaining a complete, high-quality research structure.
Do you assist students with Assignment and Project Proposal?
Yes! We also assist students with Assignments and Project Proposals in addition to complete research projects. If you need help with writing, structuring, or editing your proposal or assignment, our team is ready to guide you and provide the necessary materials. Simply call our Instant Help Desk now on +234 708 7083 227, and you will be attended to immediately. We provide professional support to ensure your work meets academic standards, whether it’s a proposal for approval, a class assignment, or a full project. This way, you can save time, reduce stress, and achieve excellent results.
What if I do not have any project topic idea at all?
Smiles! 😊 We’ve totally got you covered if you don’t have any project topic idea at all. Our team specializes in helping students brainstorm and select suitable topics that align with their field of study, interests, and academic requirements. All you need to do is chat with us on WhatsApp now via +234 708 7083 227 to get instant help. We will provide you with a list of well-researched, relevant, and trending project topics to choose from. Once you make your choice, we’ll guide you through the next steps, ensuring you get a complete project tailored just for you.
How can I trust this site?
You can trust this site because we are genuine and duly registered with the Corporate Affairs Commission (CAC), which gives you confidence that we are a recognized and legitimate business. In addition, our platform is protected with Secure Sockets Layer (SSL) encryption, meaning all your personal details, communications, and financial transactions are highly secure and safe from unauthorized access. Over the years, we have successfully assisted thousands of students with research projects, proposals, and assignments, building a solid track record of reliability. With these measures in place, you can be assured of our credibility, professionalism, and commitment to your academic success.
Customer Testimonials | Https://researchprojecttopics.com.ng

Our Customers are Happy

Ademola A.

★★★★★

I was skeptical at first, but after placing my order, my full project arrived in my email in under 15 minutes! The process was smooth, clear, and professional. Truly amazing service!

Kwabena K.

★★★★★

I needed a custom project on a new topic. researchprojecttopics.com.ng delivered within 3 days, and the quality was outstanding. They even guided me on how to defend it. Highly recommend!

Michael H.

★★★★★

Fast, reliable, and very professional. My research project was delivered on time, with no hidden charges. The team is trustworthy and supportive.

Fatou B.

★★★★★

I got my full project in minutes and my custom request within 3 days. Their communication is clear, and the material is top-notch. Excellent experience!

James O.

★★★★★

https://researchprojecttopics.com.ng is a lifesaver! My project was delivered exactly as requested. The team is friendly, professional, and highly responsive. Very satisfied!

Ngozi E.

★★★★★

I was worried about paying online, but the team reassured me and delivered my complete project instantly. Transparent and professional service!

Ama S.

★★★★★

I requested a custom topic project and received it in just 3 days. The guidance and quality were excellent. I recommend Https://researchprojecttopics.com.ng to everyone!

Sarah W.

★★★★★

The service is dependable and efficient. My project arrived on time, and every step was transparent. Truly a professional service I trust.

Emmanuel T.

★★★★★

Fast and reliable. My full project was delivered in minutes, and the custom project in 3 days. Communication was excellent throughout.

Aisha N.

★★★★★

Extremely satisfied with the service. My project was delivered promptly, fully transparent, and of high quality. A trustworthy academic partner!