Ethical Problems in Nigerian Fiscal Administration (An Analysis of Political Emoluments and Remuneration)

Abstract

Political Emoluments have never been only a Nigerian issue, but also a fiscal issue facing global economy today. It has become an ethical issue in public financial management, thereby hampering on the economic growth of national and international economies, respectively. Nevertheless, this paper takes into consideration such ethical issues, laying emphasis on the constitutional background of how this finance issue can be resolved legally and ethically. The major methodology to researching on this fiscal issue is a descriptive, explanatory, and prescriptive analysis, putting together the legal provisions of the Nigerian constitutions as a DNA for appropriate recommendations as a way forward. The paragraph 31 and 32 of the 3rd Schedule of the Nigerian Constitution is the major area of focus for the analysis of this paper, thereby drawing a line between the adoption of the written and spirit of the aforementioned section of the constitution in theory and practice in order to curb the fiscal crisis in the Nigerian public Emoluments laws.