Abstract:
Nigeria is in dire nee
d of accountability
in
Public Spending. This is
because accountability Public Spending is cost effective to promote
social and economic development. Public Spending has the potential to
enhance democratic process by promoting fairness, civic responsibility
and social
–
economic development. They add value to a country in terms
of its attractiveness as a place to live work and invest.
The term “Public Spending” here refers to the combination of
government controlled and commercial private sector services bei
ng
provided to the general public as clients, and most importantly as a
citizen. In order to fulfill this statutory mandates, government at all level
regularly or more appropriately in Nigeria, routinely enters into contract
to purchase goods
and services to the public. Indeed a large proportion of
government activities are carried out through such contracts.
