Browsing by Author "Omoruyi, S. E."
Now showing 1 - 2 of 2
Results Per Page
Sort Options
Item The fluctuation of Federal Government expenditures: a statistical analysis.(Central Bank of Nigeria, Research Department., 1988-06) Omoruyi, S. E.The purpose of this paper is to discuss the degree of variation in Federal Government expenditures during 1970-86 period, which may be interpreted to indicate the range of choice facing policy makers in determining the categories of expenditures that are amenable to wide discretionary adjustments. The analysis was done in terms of the simple coefficients of variation. The analysis of indices of predictability through Theil's coefficient of inequality was also undertaken to assess the predictive value of the various expenditure functions considered. For purposes of easy exposition, the paper is divided into five parts. Part 1 outlines the review of literature. Part 2 highlights the trends in Federal government expenditures, including the composition of and shifts, if any, in such expenditures over time. Part 3 discusses the coefficients of variation of the expenditure functions while Part 4 dwells on analysis of indices of predictability of the expenditure functions considered. Part 5 contains the summary and conclusion to the study.Item Managing Nigeria's external debts: retrospects and prospects.(Central Bank of Nigeria, Research Department., 1995-12) Omoruyi, S. E.The purpose of this paper is to outline the debt management strategies adopted by Nigeria so far and articulate the way forward. For ease of presentation, the paper is divided into five parts. Part I dwells on the theoretical nexus articulating the major ingredients influencing the size of the debt stock. Part II outlines the structure of Nigeria's external debt as well as the debt dynamics. Parts III and IV contain the analysis of the debt management strategies adopted by Nigeria thus far indicating the problems and prospects. Part V summarises some of the leading issues and concludes the paper.