Fiscal Deficit has being found to be one of the most important aspects of fiscal policy management. The main focus of this study is to analyze the effects of fiscal deficit on economic development in Nigeria using simple percentage to analyze the variables.
This simple tables was used to determine the effect of fiscal deficit on the growth rate of the Nigeria economy, money supply, inflation and fiscal deficit.
It was therefore recommended that fiscal deficit should be reduced effectively so that the Nigeria economy can develop to very high standard. Hence fiscal reforms will need to be decisive, transparent and equitable if they are to receive public support if they are to be successful.