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Managing Urbanisation Through Planned Government Expenditure Evidence from Nigeria
Abstract
Over the past 50 years the world has witnessed a very rapid urban growth and projections have shown that by the year 2050 two-third of the world population will be living in urban centres, with Africa's urban population projected to reach 67% from its current 40%. Nigeria, being the most populous country in Africa, is projected to have an urban population of 67%. There are number of challenges that go with urbanisation. This chapter examined the effectiveness of Nigeria's budgetary expenditure in managing Nigeria's urbanisation threats. The chapter found that Nigeria's urbanisation management strategy is more of system maintenance based than system development, and therefore, in spite of the huge expenditure government incurred over the years, the urban challenges Nigeria is facing are still alarming. Accordingly, the chapter concludes by recommending that Nigeria plan its urban expenditure in to ensure that it is sustainable.
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