TY - JOUR ID - 86969 TI - Fiscal Vulnerability and Transport Infrastructure Development in Nigeria JO - Iranian Economic Review JA - IER LA - en SN - 1026-6542 AU - Adekunle, Ibrahim Ayoade AU - Oseni, Isiaq Olasunkanmi AU - Ogunade, Ayomide Olayinka AD - Department of Economics, Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria Y1 - 2022 PY - 2022 VL - 26 IS - 1 SP - 45 EP - 60 KW - Keywords: Fiscal Vulnerability KW - Transport Infrastructure Development KW - Nigeria. JEL Classifications: H5 KW - E44 KW - H12 KW - R4 DO - 10.22059/ier.2022.86969 N2 - In spite of the massive revenue emanating from oil wealth, the successive government of Nigeria failed to give its citizenry the dividend of democracy owing in large part to their inability to establish a market clearing situation because of inadequate linkage between the sources and the markets (transport infrastructures). An Inquiry into the cause and potential solutions to the problems of transport infrastructure development in Nigeria informed the need to regress indices of fiscal vulnerability on the indicator of transport infrastructure development in Nigeria from 1986 through 2017 using the dynamic ordinary least squares regression technique. Results show that high-level fiscal vulnerability deters optimal government expenditure on transport infrastructure development in Nigeria. Based on the findings of the study, it is recommended that government should do more to block all leakages of fiscal revenues and subsequently ensure that more allocation is channeled into transporting infrastructure development because of its forward and backward linkages. UR - https://ier.ut.ac.ir/article_86969.html L1 - https://ier.ut.ac.ir/article_86969_e79164720349a5d431b976de59b0ac41.pdf ER -