The purpose of this study was to examine the Application of Budgeting Techniques in Fiscal Institutions in Nigeria. The study specifically examined the level at which efficient budgeting techniques improves the revenue of fiscal institutions. The relationship between the budgeted recurrent expenditure and the actual recurrent expenditure is statistically significant and the relationship between the budgeted capital expenditure and the actual capital expenditure is statistically significant. The ex-post facto research design was used in this study and the purposive sampling techniques were also employed. The statistical techniques adopted for this study was the regression analysis via the use of SPSS statistical technique, which was used to test the hypothesis, which led to the rejection of the three null (H0) hypotheses postulated and the acceptance of the alternate hypothesis. The research work revealed that budgeting has helped to control the differences between budgeted and actual revenue, recurrent expenditure and capital expenditure to ensure better economic performance. The data used in this study are basically secondary data, collected from the internet, past research on related topic, journals, and the CBN statistical bulletin. The results of the study generally indicate that the application of budgeting techniques in Fiscal Institutions will help to improve the revenue expenditure and capital expenditure of the economy when consistently used. Therefore for budgeting to remain effective the federal government and the other levels of government, such as the state and the local government must always consider the use of the budget if it must make effective plans and decisions for the economy.
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