By Erewunmi Peace

Fiscal indiscipline in Nigeria has been identified as a key driver of budget chaos and governance gaps, according to recent analyses of the nation’s public finance management.

Experts warn that weak adherence to budget rules, unrealistic revenue assumptions, and delayed implementations are undermining effective governance.

The report highlights that Nigeria’s budgeting process often suffers from over‑optimistic projections, frequent revisions, and politically driven adjustments, which hinder consistent policy execution.

These challenges contribute to budgetary overlaps, delayed projects, and uncertainty in public spending.

Stakeholders argue that strengthening fiscal discipline and transparency is crucial to ensure the budget serves as a reliable tool for development rather than a politically manipulated document.

Analysts also emphasize the need for enhanced oversight, better planning, and accountability mechanisms to bridge governance gaps.

This situation underscores the importance of reforming Nigeria’s fiscal systems to create predictable, transparent, and effective budgetary processes that can support economic growth and social development.