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Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors.It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 22nd-largest in terms of purchasing power parity.It is the largest economy in Africa; its re-emergent manufacturing sector became the largest

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between the disaggregated values of government revenue and expenditure in Nigeria by deploying a robust econometric methodology. The result would assist policy makers to recognize the source(s) of any fiscal imbalance that might exist and consequently, direct efforts to developing suitable strategies for a sound fiscal framework.

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